| Show ACTIVITY IN COEUR daleth Es renewed attention being given to 2 zinc and antimony mines special correspondence much about the mining situation in 1 th the coeur dalene district of northern idaho is 18 creating optimism despite the european europea war while the production of copper has been reduced to almost the lowest point one lead mine closed down and the output of others curtailed the damaging effect has been in a measure offset by increased activity of the zinc mines due to the in creased demand and consequent advance in price all authorities agree that the outlook for zinc could hardly be better on account of the complete huspen suspension sion of operations of practically all the zinc mines of europe from which came the bulk of the worlds supply in addition to the beneficial influence of a strong zinc market another big factor tends to counteract the depression in the coeur dalene district there is no cessation in new development work all over the district the work of making new mines goes on with a confidence undisturbed by war if the market for lead is over supplied and copper mines are idle because the country cannot absorb the supply it is believed that the condition cannot last long and that when the reaction comes the man who has the ore is the man who will make the money for this reason there is a greater incentive to crowd development to get the ore in sight and available in order to be in a position to profit by the strong demand that is expected to come with new markets for american products and the readjustment that will follow the termination of the european war that the development companies of the coeur calenes dA lenes are following this line of action is indicated by the large number of outstanding assessments showing that the efforts to open new mines are even more persistent than in boom times with prices for antini antimony ony advancing per cent within the last two weeks due to the shortage occasioned by the european E war owners of antimony veins in the coeur calenes dA lenes are preparing for immediate ac action on their long closed properties new york quotations are 17 cents per pound for the price P of antimony with indications touch touching n g 25 C cents ent S within the month for donant dorma lain mines have years antimony supply su worlds in this country while the W with it no 0 came from china and japan the eng tariff entry into this country fron from the lish smelters shelters sm elters which practically control contro aal than the afi market was at a lower rate ina mines could produce brodu c e the ra raw off shut s about aerial with this supply now consider co that it is thought by mining men i or able activity will be manifest man fe t in exhausted t nearly ex and the stock on hand work on the pine creek antimony at once mine under lease to A J brainard and associates began this week this is one of the best known producers of this ore in the west having shipped steadily for several years in the early it was equipped with a smoke process for treatment the mill being designed by seattle engineers much of the crude ore was shipped direct to germany while new york markets took the balance the mine will soon be in readiness for active shipments and should the quotations be favorable it is thought several other antimony producers will be opened up for shipments in the coeur calenes dA lenes |
