Show price of lead rises to high mark for year advance of the price of lead to 5 65 by the american smelting refining company wednesday from 5 60 50 per hundred Is of great aigul finance to the mining industry of tintic gintic as well as of the whole inter mountain country with silver at 1 per ounce a reduction in freight rates anticipated and the lowering of cost of mining supplies which will follow the mineral industry faces a very promising outlook demand tor for lead by pipe and mix ed ad metal manufacturers and dealers Is larger than it has been for years cable companies are also reported to be in the market tor for the metal however the engineering and mining journal warns pr prodoc doduc ers are that an undue inflation will al in most ost certainly bo be followed by a mid summer reaction while the market is strong and the price liable to go higher the eastern paper says consumers will not be stampeded into paying fancy prices without invests gation |