Show Brighter Outlook for far Lead By Ira ITa C. C Tichenor Tichenor- the action of ot the American Americ n Smelting and and Refining JL F fc in advancing the price e of lead a quarter of a cent a a pound to 6 63 4 cents producers of the metal throughout the country taken similar action with the result that very little domestic n b be obtained at less than this price l i It Ic Is stated that stocks of domestic lead In the hands of both producers producers nd t consumers are small and that they are are decreasing each month One OneS ut for tor tO the prevailing situation is the tIe closing of somo some of the big lead I Ir r U es in Missouri and Idaho and also several refineries as the result of of but the principal cause Is the fact that lead consumption both In States and Europe has been Increasing steadily during recent oies t fio demand In this country countr undoubtedly Is due to the tho ime im- im ine e amount of ot construction operations now under way and which promise yo t continue at tun full speed for an indefinite period to overcome the insistent e d 1 for all kinds of buildings that has developed as a result of the theio io t total suspension of ot construction work during the last two years of e orld war 3 j According to an Eastern metal authority foreign lead stocks are low lead badly and recently a considerable portion of the Span- Span has been shipped to Germany through l France rance British stocks di tons during August and It Is reported that the entire Brit- Brit l' l sh stock tock estimated at tons has been turned over to GerIn Ger- Ger in in return for stocks of German zinc In view of the fact tact that the 1919 production is expected to be not more han than 80 per cent of the record output of 1916 and as consumption contin- contin to Increase it Is confidently expected that another advance in theof the of lead will be announced within a comparatively short time which a material increase in m profits to Utah mines which are among heaviest producers of lead in the country |