Show smelters notify mines caf of increase in rates 46 0 the following paragraphs w have ff been ws taken aw from w notices w sent out to the utah mines ff by zes one of the as smelt ers of the salt lake valley afi we y ff are advised that ekow eK effective fw august diw 26 there will y be an increase 42 of 33 a 1 3 per 7 cent 0 in wf the freight rates on lead bullion and ay blister cop per from yv salt yay lake valley points to ss the ssta tW atlantic s seaboard in accordance with sy the clause 1 in wy our contracts covering W this matter we are obliged W f to make as deductions 2 from metal 2 quotations a to cover this increased ilvy cost ww metals faw in ores received at our fe plant after this date will not kaff be ship ped out in bullion until as after freight v advances wey have w become effective therefore on w all ores or concen ve received Wf at wy our midvale plant u on and after af august 20 we wa will make aff the wf following additions to our contract deductions f rom metal prices lead 25 az cents per pounds silver one cent per saw ounce copper 25 cents per pounds jy ff As was true of the previous de dictions duct ions due to increased freight is rates f an attempt at a 7 a fair division of the VT Of burden fao aff between taff tS ff silver and y lead producers has been made we realize W fully the many aas dif confronting the mining in austry difficulties in a like manner fy faced by the smelting industry but we assy believe our customers will wy agree that these added a costs should be ab sobbed yz and aKiS reflected in the market price of metals resulting from our related industries 7 an elfei advance in metal prices can reasonably be ex pecked to follow we think this nee essary in order that sufficient s twisy pro of metals to supply demand 7 may be encouraged wv A |