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Show I) SCBANTON IS IB 1 Ei JMIIS II Company Preparing to Market Limited Qnantify of Lead Ores at Once. RICH ZINO BODIES ! ARB BEING OPENED I Excessive Railroad Rates Alone Prevent Zinc Ores From i Being Shipped. III . Plans arc now under way to place M. the ".Scran ton Mining company once n more on the production list, and sbip-I, sbip-I, ments of lead ores will bo startod as I Boon as the arrangements can be made ; therefor. Tho company has a contract 1 " with the local American Smelting and V. Tlonninf: company, and no load oros l have been sent in toncc la si December c owinjr to f lio unsatisfactory conditions W existing in the metal prices, ow that 1 "Fhipments are lo bojrin, it is taken for 1" granted that tho management, autici- patea a steady rise jn the metals. During the past four mouths the mun-t' mun-t' agoment lias been hard at work open-3i)' open-3i)' up new shoocs of ore. All energy , was centered on df.velopmont work, and ; V Jo splendid advantage. This work has f nhown especially gratifying returns as ' i'ar us the zinc ore bodies are con-."med. con-."med. Tho Serr.mon is ouo of the Stall properties that has produced in past vears a. groat tonnage of this mineral. min-eral. " The Scranton ores have the advantage ad-vantage of being carbonates, and are -much more sought after ou account of their easy reduction qualities than is the case with the suipbides or silicates of zinc. At a depth of 3 00 teet below the Magazine tunnel level, a splendid body of tsuch zinc ore has been opened up. and it. is about tho best sine rock, the ' company ever had. Last year tho aver-l aver-l age of "the zinc shipments was 33 per cent zinc, but the new ore .-just found runs as high as 4fi per cent aine. and -j there is a great tonnage being dcvcl- oped. The Scranton company right now could ship its zinc ores to the Kansas ; gas reduction belt were the railroad rates more favorable. Although the : price paid for zinc has been reduced from $6 to $0.30 per hundred of a rear j , ago to i'4.50 today, railroad rates are j the same, $8 per ton, and this is prohi bitive under tho present price of the J metal. Last vear the company paid in 3 tho neighborhood of $80,000 freight, on . its zinc ores, at the rato of $8 per ton. J . The lend, ore developments arc satis- i factorv in the Scranton, but tho ship- H meats to begin at once will come from 'J tho ore bodies blocked out. last yenr. il At first it, is expected to ship at. tho ' rate of from 200 to 300 1ons per month, jj increasing the amount as the price of J lead justifies it. j The stock of tho Scranton company J - is closely held, and one never hears of ;mv amount of the stock searching for j a hew owner. The company has been 1 ' ono of the most steady of Utah pro-A pro-A luecrs, having thoroughly equipped its ' property for heavy production, and it ' 1oda3' is in shape' to place a splendid output on the market. The manage- I t nient has dono much toward converting the world to tlio richness of the North i ' Timie district, for its own develop- -monts serve as an index to the resources ofHhnl partic.iJar section of tho State. |