Eureka weekly sentinel. [volume] (Eureka, Nev.) 1887-1902, 1900-06-02
hope FOR THE FUTURE
Vice-President Sewell Looks
for an Early Advance
in Lead.
Company Ready to Listen to
Complaints of the Ore
Producers.

Within the next thirty days work
will be begun on 9 mammoth new
smelling plant AZ salt Lake City, 10 be
erected bv the American Smelling *
Refining Company. The new smelieI
viii be strictly modern and uptods'e
in every particular. and V~ice-Presideni
SeveIl Of the Smelling Company gives
the assurance that il will be the finest
smelter in the world.
With the new plant in operation the
company viii want 3 greatly increased
amount OF ore. and the representative
at Salt Lake City is now prepared 10
make satisfactory contracts with all ore
producers on much more liberal terms
than heretofore offered. Speaking OF
the new enterprise the Salt Lake Tri-
bune says:
Mr.. Sexell recognizes that in Salt
Lake valley the company bas the loca-
ton and the advantages necessary to
an ideal smelter, and to that end every
energy and every dollar necessary TO its
accomplishment viii be directed, the
construction TO be under the direct So
| pervision OF Mr.. August Raht, than
whom there are none more experienced
in such work in the smelling world.
| Within its walls is TO be embraced
| every economic device and every prin-
| ciple that science has added to the
methods of reduction in the past ten
years. Indeed, nothing that can posi-
bly, tend to minimize the cost Of treat
ment will be omitted, and so sure is he
| OF the economic features OF the new
| plant that he authorizes the statement
that the company is now prepared to
enter into contracts covering periods
Of from three to five years at materially
reduced costs of treatment.
From an economic standpoint. Mr..
Sewell recognizes that no science has
made greater progress than the science
OF smelling, and that with access to all
these Improvements the American
Smelling and Refining Company has il
within its power to erect a plant that
shall attain the cheapest possible
working results. 1t is these that the
company now proposes to share with
the producer, and the invitation toavail
themselves OF amended contracts il
extended every and all producers who
may be dissatisfied with present con-
ditions.
While the tonnage capacity of the
new smelter has not been decided or
definitely, Mr.. Sewell says it will moi
be less than %, 900 tons monthly. with
the plant so constructed that it may be
enlarged at nominal expense as the
requirements of the diggings necessi-
tate it.
ADVANCE IN LEAD PREDICTED.
Regarding the price of lead Mr.
Sewell is quoted as saying that he Eek
pected the present selling price So S7H
would stand for probably more than 8
month, but if agencies now at worl
we're successful in bringing about
desired unity Of purpose. he felt sure
that the price would be advanced al
the end of that time.
"But we had certain conditions Il
meet" said he, "and We felt thatthere
was no use to mince matters. We there
fore took the bull by the horns and de-
termined to settle the question as
speedily as possible"
The real cause OF the slump is said
to be the action OF a big lead producing
company in Missouri which lately has
been throwing 1000 tons of the metal
on the market each month at a figure
considerably below that at which the
American Smelling and Refining Com
pany has been holding its output, and
this. Mr.. Sewell says. his company is
determined to stop, and stop it they
will.
He does not wish the Western pro-
ducers TO feel at all alarmed over the
matter. however, for he says lead in
this country is worth and should bring
81 IS per hundred, and he has no doubt
that prices approaching that figure will
come before a great while.