Mineral Point tribune. (Mineral Point, Wis.) 1869-1938, 1907-10-17
Mining Prospects Brighter.

j. H. Lewis, in his weekly contribu
ton TO the Milwaukee Free Press Oh
matters relative to the lead and zin
interests of southwestern Wisconsin
makes the following cheerful report il
last Mondays issue:
''Straws tell which way the wine
blows, and there are bright days il
store for the mine operators of this
district.
! "A representative of the Picher leaC
works visited many properties the
week END in quest of 500 tons of leac
ore at S26 per thousand for 80 per cent
ore with SO cents unit up or down.
This Is the first market that has h'cn
offered in seven weeks or thcreabout,
and indicates that the ball will be set
rolling before long. When the buyers
for the other concerns jump into the
field the price is bound to advance. AT
the same time speter shows tenden-
cy to climb upward, and the price is
stiffening on the better grades Of ore.
The history of spelter ore prices for
years now shows that usually about
Nov. l of each year the price begins to
climb upward, is settled and steady
about Jan l, and then begins to decline
during the month of April.
''The Sandoval Zinc company is again
represented in this field in the person
of r. w. Willett. better known in
Arkansas and Missouri, an ore buyer Of
many years experience. He is after
better grades of ore, including dry-bone
and lead, the last named commodity be-
ing out of the Sandoval class heretofore.
The only trouble with the spelter
market at any time was lack of con-
fidence by the consumers of spelter,
brought about by the summer panic
in the stock market, which gradually
spread b all eastern lines of business.
Consumers of spelter now find them
selves up against metal market with
growing firmness just at the opening
of winter activity, and all indications
point to the highest jack market ever
known in the history of the zinc in
dustry. The early fall car shortage
has already manifested itself. A bumper
crop Of corn is assured, and before long
ear shortage will make it difficult and
tedious tc get ore to smelter fast
enough - keep Up with, the demand.
MINERAL POINT
"The rripoli, 80 named after Mil
waukee Shriners' lodge, is active in all
departments after temporary shut
down. Much improvement has been
made at the new shaft in an extra fine
hosting equipment. The machinery
first stalled came for the greater part
from Denver, Col. The men who pro-
NOTED this property all hail from Mil
waukee, Supt. Hill having passed to
the greet beyond, in his Office last July.
"E. c. true ct al are prominently
identified with this mine, where nearly
500, 600 was spent in equipment and
development work. The last shaft was
driven below the glass rock. where a
big run of jack has been established
and the mill will be operated two shifts
daily. The men who have been brought
in from the Missouri field are all husky
miners who are being paid by the hour
and living close to the mine and work
nine hours day. Twenty-four Russian
miners are making the Tripoli one of
the big paying propositions of the Point
field. The new shaft hopper holds zoo
tons of milling dirt. The calciner is
now in operation and Supt. J. F. Per-
kins says it will be kept going continu-
ously seven days week
THE Liverpool is running on ores
from the John Ross, which has made 9
splendid showing for the past year
The ore makes heavy in bone and lead
but the jack run is strong and severa
grades IF marketable ore is to be seer
upon the platforms. The mine is locat
ed in the city and on the site of the oil
fair grounds. The Merry Christina
will be one of the first to go into com
mission out of the bevy OF mines opene'
within the last year and half"