| Show resumption OF ZINC SMELTER the western zinc mining reduction company of leadville colorado which recently constructed a 50 ton zinc smelting smelling sm elting plant the preliminary operation of which was practically discontinued the breaking out of the european war made the announcement a short time ago that the plant was scheduled to go into active commission on the 1st ast of october in connection with the intention of the company to resume operations manager E J jones is quoted as saying at the beginning of the war all of the large zinc producing companies of the country had on hand an enormous stock he said when the foreign markets be carne came closed the prices immediately took the downward trend which resulted in the first low figures on spelter following close on this england entered the market and brought up most of the zinc that could be obtained and caused the prices to go 90 far above the highest point they have reached for many months this rise in the quotations was only for the time being and was succeeded by another gradual decline which now exists this condition is slowly giving way to a general tendency for the increase in prices for all of the metals affected by the war and the future will undoubtedly record a steady and healthy condition in the market foreign buyers will from now on carry out a scheduled demand on united states producers and the situation will experience peri ence no decided ups and downs as it has in the past in commenting upon the fact that the smelter would soon go into commission the Herald Democrat of leadville says the final decision of the western zinc mining and reducing company to take up operations will be greeted as another step in the good future prospects of the camp there is no doubt as to the success of the proceed which they have installed here for the manufacture of zinc oxide and the product which they put out is equal to any found in the country the operation of the smelter will be carried on much the same as it was when last running and if possible the former employees of the company will be secured for the work |
