The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1902-06-23
Corner Broadway and Locust street.
Importers and sellers Of fine diamonds.
BETTER ZINC AND LEAD MARKET
Building of New SHELTERS Creates
Large Demand for Ore.

REPI BblC SPECIAL
Toplin. Mo, June 2.-The total value of
the zinc and lead ore sold thise year is
81, l72.515 passing the four million dollar
mark three weeks ahead of last year, and
with an increase in the zinc sales of only
2 226 tons and a decrease of 622 tons of lead.
Zine values have been advanced over last
years prices.
Lead is not as high. but Is advancing.
With one more week to round out the first
half of the year and a strong demand for
both ores the outlook is that the district
value will exceed nine million and perhaps
reach ten million dollars this year.
The latest news from the smelter strike
situa ton is to the effect that the furnaces
are being started with new men and the
strikers are losing out. The strike at the
Edgar Linc C~ompany's Cherryvale works
closed down temporarily a majority of the
furnaces. but Ii is now reported that a ma
jority are again in operation. The strike
did not cause the Edgar Company to let up
in the least in Its purchase of zinc ore, and
it was one of the heaviest buyers the past
week.
The New Jersey lin Company's recent
purchases of shelters in the natural gas
territory of Kansas Is supplemented by re-
ports that the company will expend a mil
lion dollars. in a smelling works at Beau
Ike acquisition of smelters in Kansas, with
the improvements under way, Will place
the New Jersey Company alongside of the
largest Products of spelter in the West as
it is the largest ore producer in the East.
While no outline of future effort has been
disclosed. every action points to. the sup
position that the company Is slowly assun-
i * a position from which 1t can dominate
he entire metal market of the United
states as it has for years dominated the
zinc white or oxide branch of the industry.
That it does not intend to diminish its con-
troll of that line is further indicated by the
iumor that the oxide interests of the Rem
frow Oxide Company is now under option,
which will give the company a new hold
on this commodity by supplying the ore
cheaply and gain for it the method of util-
izing Southern anthracite coal in reduction.
Then the company is expending large sums
in perfecttng the separation of Colorado
zinc ore from the iron and other minerals
carried, in order to produce either a pure
oxide or metal.
While the New Jersey Zinc Company Is
buying up a number of the lesser gas smelt-
ers. the Lanyon Brothers. sons, of Josiah
Lanyon, head of the ore purchasing depart
ment of the Lanyon Zinc Company are
busily engaged in the erection OF a new
smelter at Neodesha, Kas.- for which they
already have a buyer in the ore field secur-
ing an advance stock of ore Thus the
capacity for the consumption OF Joplin zinc
ore Is expanding. -
During the past week lead advanced SlSe
per ton. closing the week strong at US
There was no advance in the zinc market,
but the demand was fully equal to the out.
put. which was decreased by four days OF
rain. and heavy roads prevented the. load
ing Of a large part of the weeks purchases
The highest price paid for zinc was $5 per