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Show EXPERT SEES A LHDSpTlGE Country's Production Below Normal; Market Price Gains Encourage. Tlio current rate or lend production is estimated at -I.jO.OOO short tons an-mially, an-mially, a slijjht docrcaso from tho rato during recent mouths. Southeast Missouri Mis-souri is operating at about 70 per cent capacity. Tlio lead anicltur production of Colorado is about normal. Tho Chihuahua ftiuilter is closed down, says l' 13. Ryder in tho Juno report on mineral min-eral investigations of tho bureau of mines. Some reduction in stocks of pig lead in the hands of producers occurred during dur-ing May. The consumption of white lead and of rod lead for battery purposes pur-poses is reported equal to that of 19U. There was increasing consumption for cable sheathing and plumbing. The rato of sales for lead pipe was greater than in 1913, but not us high as in It) 17. Tho New York market ' price, with slight fluctuations, roso from about 5.20 (-'tuts per pound early in the month to o.oO at tho close. Foreign exports during dur-ing the month were good and the prospects pros-pects for their continuance are cousid-ered cousid-ered encouraging. On the whole, the sentiment is moro optimistic than in mnilv nioiitloj The war department has announced that it has on hand surplus stocks ot otMX) tons of pip load, twenty-ono tons of sheet lead, 10,000 tons of heavy sheet lead, twenty-one tons of loud pipe, six tons of lead slabs, 11S0 tons of anti-monial anti-monial lead and 9o0 tons of antimonial lead serap, which will he allocated to lead producers at tho current market price. The British povernmeni stocks in the British isles comprised 11H,9(7 lonp tons on .(one 1, an increase during ilay of lO.b'Jj lonp tons. Lead ores imported for domestic consumption con-sumption amounted to 4 172 tons, having hav-ing a load content of 2.05Gf30u pounds, comprising J4."i7 tons from Chile, l.'UiO from Mexico and 715 from Canada, having lead eontcnts of l.."ii7,0()4 pounds, L'.lti.OliO pounds and 801,780 pounds, respe.-t ively. Load bullion imported im-ported from Mexico comprised G.S3 1,2(5$ pounds, containing G.GS3,731 pounds of lead. Tho exports durinp May of lead from dnmetie "ores comprised 372, olO pounds, including 191. 1S3 pounds to Canada, tiL30 pounds to Cuba, 3l,lt.'U rounds to Norwav, 27. ('75 pounds to Chile, 21,907 pounds to Bra'.il. 11.212 pounds to Argentina, Ar-gentina, -H"2 pounds to China, 4042 pounds to i-Vru and smalb'r lots to other i-oiiTitri. s. Kxports nf b ad reported ns derived from foreign ores amounted to 1 1.9t,".r'l 1 pounds, comprising 1,120,1 1G pounds to Knglaud, 44.iuU pounds to Sent land, 1 S' M'95 pounds to Canada, 1 12, i "0 pounds to BraziJ and 44,800 pounds to Cliile. The lead induct r of Italy is now pa-ing through a crisis, due to tho fact that there cxi.-ts in the country a large L-o eminent stock of metal which, if thrown on the market, without suitable limitations of quantity and price, would lead to the dosing of the mines and Mnioiter" of tho Sardinian companies. The Broken II ill companies have deferred de-ferred payment nf dividends until a ! market is 'assured for a reasonable proportion pro-portion nf the lead production. The I sn: niters have been able to dispose of j onlv a s:nall part since the expiration ! of thoir contract with the British min-iistrv min-iistrv of munitions on Mirch 31, and iiiae disCHi.tiuu' d adanee payments on i concentrates. TaMr.ar.ian operations n r' b- in snpnded as a consequence, j The Broken II ill mines have recently been closed owing to Rn interunion dis- The French government embargo on i importation nf pig Ira!, slab zinc, brass 'and bad antimony alloys among other j mineral products was revoked bv min-Mslerial min-Mslerial decree dated Uv 20. 1919. |