Show I j i I I II Price Of Lead I Continues Continues Climb I I I Continued active lead buying for I domestic consumption and fairly liberal purchases for the Governments Government's stra stra- strategic strategic strategic stockpile last week brought the price of that metal up quarter one-quarter cent centa I Ia a pound to 14 1434 4 cents according to the weekly market report of ot Engineering and I Mining Journal McGraw-Hill McGraw tion While the lead situation tightened tho copper market showed signs of up up- upset upset upset set by uncertainty over developments in Washington in connection with the Im im- Import import im- im import port tax which was suspended until June 30 1950 The Tariff Commission reviewing the period of the buyers I strike favored the of the I 2 cent tax Zinc was moderately active l land I and unchanged at 10 cents per pound and quicksilver quicks liver dropped 1 per flask lask Lead sales to consumers during last week totaled tons says the article If It stockpile purchases Involving August- August I f September lead were added to this total it would more than double The under under- undergone undertone undertone I gone tone was firm at the higher level Total i lead stocks stacks at smelters and refineries I Ion on July 1 amounted to tons to toI against tons at the beginning of I Ithe the year I In In commenting com men upon zinc the article I I Ii says that demand continued on about the same plane as In the preceding week Some producers reported a good volume of orders and others said they found I business more or less inactive The quotation for Prime Western was main maln- maintained maintained I at 10 cents a pound East St St. St 1 I Louis with the market firm The article also notes that despite l political developments In China sup sup- supplies supplies plies of or tungsten ore from that country and other sources In the Far East con con- continue continue continuo to come into the market in fair volume and unsettled prices Demand for tungsten ore has h been dull for some weeks and most operators report that quotations at present are little more than nominal I LEAD AGAIN ADVANCES I The price of lead was advanced Mon Mon- Monday Monto Monday day to 15 6 cents a pound New York basis This was a boost of of a a. cent and placed the metal at its highest level since last April I I I I 1 I 1 I i t I STOCK SALES I. I I THURSDAY Y Park Bingham at I New York Exchange Silver King KIrg Coalition at FRIDAY I 1 East Utah at ll c. c I Park City Consolidated at I New York Exchange Park Utah at Silver King Coalition at I MONDAY East Utah at 1000 at New Park at Park Utah 16 at I Silver King Coalition at New York Exchange Park Utah at i I Silver Sliver King Coalition at TUESDAY j I Bonanza Mining 1000 at I Bullion 1000 at I Clayton Silver 1000 at 2 c at at 1500 at j I II Combined Metals at 22 c. c I East Standard at 6 c at at at 6 c. c I II East Utah 1500 at lie at i at at I Pioche Bristol 1000 at Swansea Con 2000 at lc Utah Wyoming Oil on 1000 at I Leonora at S' S 3 c. c New York Exchange New Now Park at 1372 Silver King Coalition at WEDNESDAY East Utah 1000 at a 13 13 c at 12 c at at I II Park City Consolidated at I at I New Park at I New York Exchange Park Utah 1700 at I Silver Sliver King Coalition at 2874 I SHIPMENTS TS park Park Utah Keetley I t. t |