Show HIGHER InGHER PRICES TOR METALS A streak of Ii light ht is appearing in ill tho the I clouds that have darkened the mining industry in in the west and ono one of of- the first rays of hope that has been shown to tho the mining men is the tho betterment in inthe inthe the market prices for all metals Yesterday Yes when it be began an to dawn upon 1 the shippers that tho the smelting situation would not clear up until the valley I plants had a abandoned the tho sites lites that arc are arenow now occupied tho metal market he began an anto to show improvement in the prices for copper silver and lead and Rud tho the icelin feeling expressed by hy every one showed bowed that confidence con eon fi ence would shortly bo be restored in minin mining circles One thin thing wo e must hope for was as i tho the remark made by one ono of tho the leading leadin mining men of this section i if IC there is I too loo sudden an advance anco in tho the price of I metals there will bo be a reaction which would work a J. J greater hardship to all than tho the times that we have hae just gone ono through h. h All of us want to see confidence restored and I think that it is coming omin back hack in every lino line of business but should there thero bo be anything like Jike a 20 o to 25 cent copper market markot a again ain this year vear the markets would soon bo be flooded with the tho red metal production in such uch a manner as to causo cause a depression We Wc would not be e able to recover from front tho the second blow as easily as we did the first and I feel confident that the conservative conserva va tive tivo clement in mining would not care caro caroto to see sea copper advance too quickly nor would they care to sep soo the price go 0 above 10 16 cents This figure would afford atford af at- ford all producers a good margin n and tho the wage scale could be 5 set t at a price to satisfy tho the laborers who could buy food stuff at rt anything liko meo I prevailing prices when conditions generally aro are normal Lead and silver ma may not go JO to hi higher her prices as quickly as us us copper has has has- but it should b bo bd remembered that time the r red metal wetal got ot the tho first setback while tho the other ether metals are arc simply coming coining in ill for their share of tho the depression at nt the tho latter end |