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Show METAL MINING SITUA- I TION 1 I 'Tho U. 3. Uureau of Mines hav H Just issuod a general statement nu to- H present status of varlou mlnoral la- H dustrles. H Tho conclulons to bo drawn from H tho report nfo that tho mining Indus- H try as n wholo has passed its durK- H est hours In that prices havo un- H doubtjHlIy touched bed rock and world conditions aro fairly well do- H tcrmlncd so that tho ml no oporators H know pretty definitely what they H must contend with. H Llttlo hopo is hold out for any lm- H mediate business from Uuropo u.1- H though metal stocks In Germany nro cxhnusted. It Is felt that some ttino M will olapso, howovcr, beforo Aiucrt- H can mines will bo nblo to count on H ny regular foreign demand. H In tho moantlmo as building activ- H ity resumes In this country with tho M coming of spring It will help rellovo M ho stagnation of the metal markot. Increased labor eulclcncy Is ncces- H sary to holp offset present cost ot M operation which In most cases ! H above tho soiling price of motals and H the largor mines aro operating simply to innliitaln tholr organizations and M bo ready for tho wave of bustnosa H which must surely como, gl |