The White Pine news. [volume] (Ely, Nev.) 1906-1910, 1908-05-17

Mexican and Canadian mines have
curtailed their output and will not
resume their normal operations until
better market prices for copper pre-
vail. Indications are that an improve
ment in metal prices will be delayed
some weeks: but it will come before
the close of the year.
Tin has been experiencing a rather
uncomfortable time. especially in the
last month: first, because the Ameri~
can demand-ordinarily the largest
| in the world-has fallen of woefully:
and second, because the longshore-
mems strike i'm the Straits-the
chief produeer-and the peculiar tao
tics of foreign metal brokers. have
unsettled opinion as regards the fu-
ture supply of tin
The New York price of tin on May
was $3.50 cents per pound. which
is nearly IL cents less than was quot
ed year ago. The arrivals of tin at
North Atlantic ports for the first
four months of 1908 amounted TO
10.09I tons, showing a decrease Of
about % per cent as compared with
the corresponding period in 1907.
Domestic lead is in a more salts
factory pecuniary position. From
$3.50 TO $3.70 per 100 pounds at
New York at the opening of the year.
lead prices have advanced 10 s4.12i2
to s4.17ie on May 6. \ year ago
the late combination schedule was
Sc.
The production of lead ore in the
Missouri-kansas district for the first
81 =,
lI1.729 short tons. valued at $685.
749. which compares with 1864
tons. Sl,4O4.S04 for the correspond
ing period in 1907. The extreme SELL
ing prices of lead ore so far this year
have been s45 to $3.50 per ton, clos
ing May at 5000 TO $3.50. Dur
ing the first four months last year
the extreme quotations We're $50 to
$3.50 per ton. closing May at $50
Spelter is selling today at about
the same prices that ruled at the
close of January and the opening of
| February that are 20 cents
per 100 pounds below the highest for
the year to date. At s4-65 TO $40
per 100 pounds there can be little or
no profit for smelters. for the reason
that zinc ore is worth $50 for top
grades and $50 TO $3.50 on the as
say basis of 60 per cent zinc. Ship
ments of zinc ore from the Missouri
1 Kansas district for the four months
ending with April We're 81 $40 short
tons. valued at So .S39.923. as against
I 107.SS0 tons. S5.129.93S. Other
sections also show smaller zinc ore
shipments this year. and unless the
metal market improves soon mining
will be further curtailed. The export
trade in zinc ore shows little change.
amounting to 8 .os1 tons during the
first three months this year as against
| 6.O71 tons in 1907. Spelter exports.
however. show a marked increase, be-
ing 907.74S pounds for the first quar-
ter this year. as against 1895
| pounds in 1907.
Anthony is dull and prices low
/ Current sales are made on the basis
of s to SS cents per pound. The
net imports for the first quarter this
year were 1922 $50 pounds of metal
and 2S4.003 pounds of ore. which
compare with ? 81 .974 pounds metal
and 1922 pounds ore in 1907.
Quicksilver holds firm, smaller ex,
ports Notwithstanding. The New
York quotation is s45 per flask of
10 pounds, and London. lbs to lbs
IS ($3S.96 to s40.1Sl. The Ameri-
can duty is cents per pound. or
$5.25 per flask. Exports of quick
silver from the United States for the
first quarter this year were only
IA2.697 pounds, as against 1886
wounds in 1897.
tPlatippm is worth today $3.50 to
- - =
ing weakness Imports, principally