| Show I I UTAH PRODUCERS OF LEAD HAPPY Guggenheim Exploration Company Said to Control Load Situation I S MUCH Toil UTAH lAH r Ch liliC fur for urn an lUport The following Press ills dis patch lintel was wn Wet received by tIle the N News ws morning and U Is of ot much importance and significant significance to the Ihie Utah own erl ens and oi operatOrs Donver Colu Colia Feb 19 The News to tu today today day dllY II from Irvin outside sources and borne out oUI by Information obtained In heaver Denver indIcate that tile the exploration company linn secured control ot of the tho output of ot lead fluxIng ut of o tho the country nad is In III II u position to 10 dictate prices for or thin India Jl eminent in III tho the ot of precious One Otto by one during tho the past vast few tow tho the GuggenheIm company ny has secured control of ot the tho leading lead lead leod mines tames In th thu Ban ann Juan emil ami Lake county dl of or Col Gol Colorado Colorado orado thu tho mined mInes oft ot the tho HI Coeur dAline dAlene IlI In Itt Idaho and auth In tho lie Utah luau Ills dis district am tins has effected tv it combination with thu Ihu Whitney to control the South Missouri Melds fields ro To Todo rodo rodo do this several hundreds of ot thousands of or dullum have havo been buci Silent by Ihu lull lug company hid Inci Incidentally dentally with till thur millions III III lOlls which have been Invested In III the tho endeavor to con coa control the tIle ordinary lead lend product When hen Interviewed concerning tha thu above thlu tilts looming Mr Jacob JacobE M E 1 who Is ha well posted vo led on the tho of 01 the Interests said 1 I think there U Is truth In ha sueh Hueh a it report and that the thu th Inter cots eatH have havu control of the tile sit tuitIon to the lead lenil A combination or with the lists y Interests would give Huch such control Mr that further than Ih that he preferred not nut being quoted As to the probable ef of effect feet teet of ot the consummation con of or tIle the Iti plant he Ito stilted sIll led that a condi condition tion ut or more favorable to tu nil ull producers of or lend lead ller Interests be lie Instituted InstItute A prominent mining mutIng expert and own illi owner illier er Cl wan linS Interviewed the re IC report I port lort above given tie Ito sail Midi The rite ro favorable to tIm thu milt cult will be entirely 1 und and operators There will probably be lie n It reduced smelting melting charge charRo tel for lend lead ores art antI and a higher price for or lend A better mar marhut hut ket will bo hes Inaugurated for tor the th small producers and conditions will ill be bo much lillich Improved I think for fOI thy dry 11 ores orell n a high higher er en ohn Ice may be In made for tor and refining This Is to compensate for time tho loss huM lOR occasioned by a n reduction In Inthe the thin fur tur or smelting lead ores It If tho time dispatch gIves a 1 correct statement of the tho facts the tend producers of ot this thil state may buy MINING MIN INO |
