The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-06-26

M. C.. O., Phoenix, Ariz.-Nou WISH
know something about the market
for anthony saying you have a dePOS"
of that metal. We regret to say 'ha'
aptimouv is at such a low price now
that it is not a profitable product only
under the most favorable conditions'
The market price has been going Town
since 1906. in the last two years the
priee has gone from 2S to s cents per
,ound. As a result no anthony was
nroduced in this country in 1908. With
in the past week, however, The News
has had a letter from +. E.. Haughton,
of the d. o. Watson 4 Co, Investment
securities. First National Bank build.
ing, Chicago, asking us to gave the"
any information about anthony prop
critics. where the mines are located, etc,
saving that they were in the market
for from three to six carloads per
week. In 1906 the price of antimony
of the best grade reached 2s cents a
pound, and prices were high during the
whole year. Prospectors and miners
who owned or knew of obtainable anti
mony-bearing deposits became inter
ested in producing the ore, and opera
lions were begun in Washington, Idaho,
Utah. Nevada, California and Oregon.
Ii takes a considerable period to open
up most mines and ship the ore, and
by the time some of the mines were III
shape to ship the price OF antimony mac
dropped. Although the year lso' open
ed with Cookson's (the standard brand
of antimony) at 26 cents, by August ;
was down to IL cents and in December
it was 9.5 cents. In 1908 the highes'
price was the same as the lowest OF
1907, 9.5 cents, and the market drop
ped still lower to 8 cents per poun'
for Cookson's s. These low prices do no
permit profitable production in tn
United States, as most of the know
anthony deposits are in parts of tn
country in which freight rates an
wages are high. Hence, according t
reports received by the United State
geological survey, NO anthony ore wa
shipped during the year, though som
was mined and held at Burke, Idaho
Many gold and silver ores, howevel
are also antimony bearing, and whe
these ores are smelted the antimon
combines with the lead of the charg
to form antimonial lead, and by thi
indirect mean a considerable amour
of anthony is produced, though it goe
on the market as antimonial lead, TO
which there is a large demand an
from which the metallic antimony
never separated. During the year
1907 and 1908 antimonial lead was pr
duced in the United States as follow
in tons:
Antimonial lead .--~--ry,910 1852
Anthony contents ----1,56O.5 2,44
Approximate percentage
Of foreign origin "a y
A considerable quantity of antimon
was recovered from Dresses, old typ
metal and similar sources by firms NAL
ing a specially of this branch of meta
lurgy, but complete figures are not
hand. At present China produces III
greatest quantity of antimony ore
France, Italy, Austria, Bohemia, Tu
key, Mexico and New South Wales al
all considerable producers and mai
other countries contribute less
amounts to the worlds supply. Japa
was at n time a large producer, ba
her known deposits are now reporte
to be much depleted.
A. M, Beaver Dam, Pa.-The lea.
; you ask about is not working. The
! did not succeed in financing it. 1t
claimed, however that money is a
ranged for, and that the lease will r
sumo shortly.
q. D. c., Ashley, Pa.-They are bot
standard stocks, dividend paying an
well worth what they are selling TO
The News every week has more or lie.
to say Of them, keeping subscriber
posted as to their condition and pro-
ress.