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Show ZING PRODUCtlOH II JOPLIN UNPROFITABLE Curtailment of Mining Comes When Increased Costs Slash Profits. At the present time. JTT ore menus cur-trtilment cur-trtilment in Joplm zine proiluet ion. The j casual observer niipht express surprise i tb;it the present price of sine somewhat i over S cents would not brinff out the ! maximum quant it y of that metal. The j tost of labor, but more especially of sup- j plies, has increased so largely that the total cost of mining; and milling: in the I larger, more economical mines has in- creased from $1.0." in V.M4 to J1.S2 In 1!ifi, ! and possibly J i..'.0 today. I'resent costs ! in the Miami, Oklahoma, district, "are close to ?2 per ion. In ordrr to translate these mining costs , into a figure which may be comparable with the price the miners are receiving i for their ore or concentrates, ojie must recollect the excessively large concentra- i tion rntio rulinp: in Joplln. This ratio is j becoming smaller nil the time, thus :1.14 j tons of concentrates were produced from O0 tors of dirl In laH. 2.70 in im5, 2.t6 in liti, and possibly 2.4P mw. Pivniing the cost of mining and milling i K'rt tons of dirt by these respective f:c- ! ures it wdl be apparent how the cost per ton of concentrates has .lumped from I in M'U to Stil today. Now if a royalty roy-alty of from 10 to la per cent be added 1 to these figures, even the more modern producers of low-grade dirt w ill ha e a hard time to continue on a $7T basis, ! while many of the smaller operators hae already succumbed. I While the Miami district eostp are hlgh-! hlgh-! er, the miv content of the veins also is , much bitter, so that concentrates can j easily be produced at that place for $:r , . ton. Vnder such circumstances the I exodus of operators from .Toplm. Webb City and v'arterville into the boom towns i about Pitcher, and the dismantlement of many nulls for re -erection in Oklahoma i is not surprisir g, Many hundreds of retorts in Oklahoma ; are cold. If a ton of conn nt ratrR will produce l''V) pounds of j'lirr. at say V' i-!Mits, the smi'Her- will receive $..Vi ;or ! ftietr metal. Transportation nnd selling of ore and metal costs m the n. :;!.! orlu-od i of a ton, while smelt in; cot.s are per I haps Subtract ir.c $:. from the pr;ce of the metal means that a smelting com-. com-. p.mv cannot ir.ak1 a great deal of money jut the present priee i f concentrates in fact, mar.v have given up the attempt. : The slump in spelter is duui-tli-ss di:e i tA the l-.,i;h pn.- of ci.'.:ur. d products, j T!ms md'.itr- l.ormalU abs -rbs well ever IvV the enure pro P: lion of -Inc. What w.th the e tr:iord: ; .ar pn.T of lire rarly Jin the vi,r, and the more , traord : ra ry I rni't' of Hi.- iron s!.t-'ts and wh.l.t fern.-j fern.-j mc the b.se of gaK.imr.d ;ir:i. l.-s. the I price of thm class of goods h.is b.-en put I s- Inch t h.' t the ult in. a l- one-vr.. r e'.'her i diM s without or t.ikx a substttut- pur-; pur-; i ha - es K.ilvan'.icil f n. 1 1 c a id -ot r-ic .) t .'I s!;o:- only as a list resort, perhaps, a.t-r i V- Iv sold son.e of his p.t..tOt's or !,..u, , Tre e:S-i-t of a s t . i c : .. 1 1 1 i. n..irk.'t Ur g-il-ja:.ir.d uarr on ,,.ir i ri.l.'" r:nc rei.irt ; r..'.n';ty i . i . ', 1 1 1 1 d s: ; );r a : :s .tv j a'p..r. nt M tailurs-.caj and Cl.eniic.il K:.gll.et-1 ll;g. |