Show FREIGHT RATES AND SILVER having been advised that the rates on crude bullion shipments to the atlantic coast would be increased 33 on the the smelting smelling sm elting 6 companies ini immediately mediately proceeded to protect themselves es by making larger deductions duct ions in the amounts to be paid the producers of silver lead and copper these added deductions amount to bic c per pound on lead and copper and le lc an ounce on silver however the better prices obtainable korboth foi lor both silver and lead with fair prospects of stronger copper prices when industry gets ge ts back into its stride again causes the amel termen to predict that their added charge will be more than made good in the market price of the metals at the same time the mine operator is confronted with higher freight rates on his crude ore higher rates on fuel and other supplies to the mines so he is not so certain that he will not be made to hold the sack for everybody already nearly taxed to death and burdened with frequent demands of miners for higher pay with periodical disruption of his operating machine by strikes and walkouts wal kouts and the everin ever in creasing rate of inefficiency of the forces employed the mine operator does not view the future as optimistically as he might but every cloud has a silver lining and all the available information coming through financial and legislative sources makes it reasonably certain that silver is shortly again going to sell at considerably more than 1 an ounce while lead is practically ce certain ertain to command its present or better prices for a ion long time to come when high government officials like secretary baker for in stance goes to calculating what the gov w may and may not do in case silver goes to an ounce and when such an all official publicly admits that world conditions are sure to cause the white metal to advance the mine operator can take heart and we believe it will pay him to keep on developing and be prepared to take advantage of the higher prices that are sure to come it does not seem necessary to become alarmed over the periodical of financial interests which are beginning to ask that con congress 6 ress be requested to work for the complete elimination of silver as a money metal the worlds use of silver for coinage purposes is just as certain to expand as it is certain that day follows night silver mining and lead mining and copper mining are due for a long period of prosperity so remember that as ye sow etc |