Show THE OUTLOOK FOR LEAD the steady advance in lead quotations during the past few months is having a stimulating effect upon the lead producing industry and upon silver mining as well for the past few years owing to the fact that the current of mining operations has largely been directed to the production of gold and copper lead and silver mining has been neglected and the output has been materially teri ally curtailed and yet the silver silv er lead mines of the country are as rich and abundant as ever and upon short notice could be listed as heavy producers of these commodities modi ties the shortage of the lead supply and the heavy increase in its uses of late has really caused some apprehension in commercial and manufacturing circles and the result has been the steady advance in lead quotations until now the selling price is given at from 5 to 6 per hundred pounds and it it is 10 1 0 confidently believed by some authorities that the price will advance to 10 before the supply will equal all demands and still leave any surplus on the market another feature that is favorable to the lead industry is the fact that the price of silver is still advancing now it is invariably the case that silveris silver is ls I 1 usually associated with lead ores in a magorty of instances silver values predominate in lead ores and to produce one of these metals one must necessarily produce the other A year ago silver was quoted at 58 cents an ounce today it is hovering in the neighborhood of 68 cents with every indication that it will go still higher this being the case and with the almost certain knowledge that lead will go much higher every encouragement is given for the reopening of old silver lead mines and for the carrying on of mining operations along these lines more extensively than ever before for as a matter of fact less expense attends silver lead mining than is the case with the production of copper and it is safe to say that there are more good mines productive of lead and silver ores in this in ter mountain region than therease there ther eare are mines productive of gold and copper with the present conditions of the lead and silver market more attention should be paid by mining men to the silver lead industry |