Salt Lake Tribune | 1919-07-09 | Page 19 | Western Mines Hold Center of Interest

WESTERN fflES IB CENTERjONnlTEREST "Great interest is being displayed in the east in tlie silver camps of the west," sairl I.. H. Goodwin, mining engineer, representative of the firm of Roger, Mayer & Ball, mining engineers, New York, yesterday. Mr. Goodwin, who is stopping at the Hotel Utah, plans to make Salt Lake his headquarters for some time while he examines mines of Nevada, Ne-vada, Idaho, Colorado and Utah for his company, which inspects and develops properties for clients. "Centrally speaking, speak-ing, mining men and financiers of tlie east have great faith in the future of silver," said Air. Goodwin. "They fee! that tlie demand and the market for the white metal is genuine, and that tills demand will continue for several years to come. There is not the same confidence In other metals." Although the outlook for copper is improving, im-proving, it Is f.;lt in the east that the demand for this metal until world con-; con-; ditions have become adjusted to a new status will be rather slack, according to j Mr. Goodwin. Two conditions should : opernte for a sustained and large demand ' for the red metal as soon as the period I of readjustment has been passed, according accord-ing Mr. Goodwin. These conditions are 1 the scarcity of copper in central Ku-rope Ku-rope and need for the metal in the electrification elec-trification of railroads and for many other new commercial uses. "With the proposed union 'of American stiver producers to control the price of silver, the speaker said, there is a feeling feel-ing among mining men that New York should soon become the center of the mining world, a place which has long been occupied by London, England. For the attainment of this ambition, mining companies are co-operating. Inasmuch as mining in America is bound to receive a great impetus because of the high price of silver, mining men are desirous that : America should lead the world in this industry.