Salt Lake Herald | 1901-12-06 | Page 1 | Cut Made in Price of Lead

INflICt Of Smelting Trust Will Pay Mine Owners of Colorado Colora o and Utah 3 Cents Per Pound for Their Product After First of the t Year Special to The aw i I E Wash Dec Dee G SPOKANE 0 from fro Nv Nw York say that the P tr yiU pay 3 Sir Sll cents J M for lead frem free freem m Colorado and Utah mines after alter the Ute of the year The price is a 8 ink of a 8 cent c nt lower than will be paid t to Coeur Cosur dAlene Alene d lead miners A conference between b teen officers of the tte I smelting trust and mine nelS of ot the Coeur d has been in progress for the past two weeks in New Nw York 1 and after much discussion a settlement has practically pra been reached The Coeur Cour dAlene ene lead miners wilt get Set t 33 3 per KM for lead Isad in the fu fit f ture instead of 41 44 which V Ie is In the l pres present nut ent e t price DC R is provided that t the th new arrange arrangements meats ments ts shall last for ler iF months butt but t trust truet has a right to can fi the contract on giving dYing lag sixty days notice ri n Ice Lead miners are much dissatisfied ed the contract The reduced price tot far lead kd l connected with the present low prices or 01 stiver silver means a loss of 1 7 per ton on or concentrates to them That mat will wilt I It cut iut t the profits of some mines in half kalf Coupled with this difficulty is the de dc j and en the tl part P art of the smelting trust tru t tat that at mi misers r should work ork their proper nes only otly on about of normal capacity That arrangement is to