OCR Text |
Show LEAD ADVANCED IN PRICE Many of he business men were elated at the news this wek of the advance in the price of Lead. Only 89,792,000 lbs. of lead were produced in this state last year, because of the low price, the principal lead operators having suspended production, leaving activ only the properties whose ores contained a high silver con-tentJn-case- freight-rate xon-v xon-v cessions are granted on ore and bullion shipments by the inter- state commerce commission which now has these and other Utah tariffs under advisement, mining men are confident that - lead producer of the State will be enabled to operate profitably ..with the price of the metal holding hold-ing around 5 or 5W cents. Whether the present price advance ad-vance is merely temporary or a permanent improvement is a matter of conjecture. ' However the fact that the price has im- proved is accepted as an indication indica-tion that the period of financial stagnancy has been passed and an erea of expansion has been enterd. As a result of the improved im-proved quotations for themetal many of the mines of this district dis-trict will be increasing their tonnage ton-nage daily and will probably produce pro-duce on a capacity basis. |