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Show ANOTHER AKW INDUSTRY. Manufacture of 1MB tend In Fltt. burgli An Important Kutcrprlac Smelting of the Xcad and Silver Ores of Colorado and Utali. For several months past we have been aware that a number of enterprising enter-prising capitalists of this city hayc been engaged experimenting in the smelting of tho lead and silver bearing ores of Colorado and Utah, for the purpose of demonstrating whether the business can be oarricd on hero at a profit. The results having proved satisfactory, sat-isfactory, and arrangements having been made for the erection of a largo smelting works, a brief history of this important enterprise will bo read with intoresl: Mr. J. Fj Schwartz, of the firm of Fahnestock, Haslett & Schwartz, the well known white lead manufactuiors, had his attention first called to this Bubjcot by tho faot that tho greater portion of the oics produced in Utah and Colorado wore being shipped to Eurone for reduction, while the white lead manufacturers of this city had been almost entirely dependent upon the foreign markets, for tho past Bis or seven years, for their raw materials. : He ooncludcd that good pig lead could be manufactured hero as well as in England or Germany. Ho accordingly erected in Alleghany city, during last 6u turner and fall,- large works for the smelting and refining of the ores mentioned. men-tioned. Tho works were completed in due time, and are now in successful operation, as is abundantly proved by the fine samples of pig lead and silver bullion on oshibition at tho company's office. The following analysis, mado by Prof. Charles T.Jackson, State assayor of Massachusetts, one of tho most prominent chemists in the country, attests the success whioh has been attained: at-tained: Load 98,902 .inc In ii O.X) SUVor 0.UUI 100,U00 By this analysis it will be seen that the pioportion of silver remaining in the lead is but Lwo-thirds of an ounce troy to the ton of two thousand pounds, which renders the lead suitable suita-ble lor the finest purposes, fully equal in every respect to the best English and German brands, which have for so many years been the standard in this market. Works for the reduction of Pacific s'ope ores are now in operation in New York, Newark, Chicago, Omaha and San Fmncipco, bnt none of them have succcrdcd in mikmg lead suitable for white lead or sheet lead. Pittsburg, therefore, fairly claims the hoDor of having been tho first cit7 in the U.S. to reduce good.eoft lead from our silvcr-beriring silvcr-beriring oreF. A stock company, with an ample capital, has been organized under the title of the "Pittsburgh Smelting and lletining company," tho officers and directors of which are: J. E. Schwaitz, general manager and treasurer; Charles L-K'khart, president; J. B. Arnold, secretary; Directors Charles Lock-hart Lock-hart of Lockhart & Frew; J. E, Schwartz, of Fahnestock, Haslett & Schwartz; John Farrell, of Bailey, Farrell & Co. ; Edward Grepg, of Logan, Grerg & Co.; Wm. Frew, of Lockhart & Frew; C. W. Hubbard, of Hubbard, Lippineott, liakewell & Co, The works are now being operated by this company, and in addition to the present mauul'aotory whioh has a capacity of llt'iy tons of pig lead per week the company hav recently purchased pur-chased a tract of land near Mansfield, about six miles from the city, on the Pittsburg, Cincinnati and Si. Louis railway, near where it crosses Char-tiers Char-tiers creek, upon which they will erect large furnaces for the reduction of ores. Their oapaeity will thus be increased to at least one hundred tonB of pig lead per week, worth at present market value ovor $17,000, and representing repre-senting an annual product not far below Jl, 000, 000. The ores carry silver largely, varying from seventy-five ounces to five hundred ounces to the ton, which product must be added to the valui ot'ithepig load in order to make a fair estimate of tho amount of business now dono and proposed to be deno. A ready market can bo had for all the lead of this quality manufactured here. The annual oonsumptipn of pig lead in this ciiy alone is now over seven thousand tonB, of which a very small proportion is of common grades. Ia the manufacture of white lend, according ac-cording to estimates of reliable parties, there is a capital employed bore of i i r,n nnn 41 ;r,n ium nnnr. ly for raw materials, and tho annual product amounts to $1,750,000. This branch of business is growing rapidly, and must still further increase witn an abundant supply of raw material of the best quality to be had at home. Many of our ooko dealers aro now shipping their product largely to Utah, lo smelting purposes ; but the Pittsburgh Pitts-burgh Smelting and Refining company taking as a precedent tho iron furna-oes furna-oes of western Pennsylvania, aro fully oonvinced that tho raw material must bo brought to tho fuel, and that the shipping of l'uol to the ore beds must eventually cease. A large amount of! Pittsburg oapital is now profitably employed em-ployed in mines in Utah, and new investments in-vestments aro being made by our capitalists. capi-talists. It is therefore fit that these ores, produced by Pittsburg oapital, should be brought to ouroity for treatment, treat-ment, especially in view of the fact that it has been successfully demonstrated demon-strated that it can be done to better advantage ad-vantage here than at any point in the country, The supplies ot oro are almost al-most inexhaustible it being estimated, estima-ted, by reliable parties, that the product pro-duct of Littlo Cottonwood canyon, Utah, alone, will this year average about seven hundred tons per day I With unlimited supplies of the raw material, and with an abundant demand de-mand for the manufactured produot, the Pittsburg Smelting and Refining Company bids fair-to become one of the most important manufacturing adjunct ad-junct of our prosperous and progressive progres-sive city. The Btuclting of lead being an entirely new branch, it is bo much clear gain to the industrial interests of Pittsburgh. Pittsburgh Commercial. |