The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1917-12-13

ting different classes of product to-
gether to form a shipment.
! At the time of the Baruch- Tacoms
deal. defendant had five outstanding
contracts as follows:
Tacoma Smelling Co.-Quantity ant
character of tonnage: Ore and concen'
trates containing ~ to 81 tons daily al
option OF defendant. Life: Two years
from June 1, 1904, plus 5 years addi-
tional contingent. Payment: 30 pei
cent of lead contents at 80 per cent OF
New York price up to $4.10 plus one.
half of the excess above. Freight and
treatment charges: When gross values
not $50, SIG plus or minus one-hali
cent per pound of lead variation from
SO per cent lead.
Ohio & Colorado Smelling CO.
Quantity and character of tonnage:
Concentrates shipments unlimited, de-
PENDANT to cease at any time. Life:
Two years from February 2, 1904. Pay
ment 100 per cent of full fire assay
value Per unit 25-40 per cent, 40c;
40-45 per cent, 44c; $3.50 per cent,
| 52c 50-55 per cent, SIC; $3.50 per
cent, SIC; so and over 60c.. at lead
basis of $4.25. Variation 1c per unit
from prices given for every sc varia-
ton from $425. Freight and treat
ment charges: Gross value $50 and
less, $40 p. t., 5000, s12 pit, $60-100,
$14 pit.
| PENNSYLVANIA Smelling Co.--Quanti-
ty and character Of tonnage: Highest
grade Of ore and concentrates not less
than 600 tons per month and not more
than 1000 tons per month. Life: May
| 9, 1904, terminable 80 days notice from
either party. Payment: 80 per cent Of
contents at full New York price.
Freight and treatment charges: s21.50
released to $50 gross valuation based
on $12 freight rate.
Selby Smelling & Lead Co.-Quan-
tity and character of ore: Ore and
concentrates maximum 1000 tons per
month and minimum to contain 200
tons lead per month. Life January l.,
1903. for years. Payment: 30 per
cent of lead contents at full New York
price. Freight and treatment charges:
$1S based on IS freight rate
American Smelling & Refining Co..
Quantity and character of tonnage:
Ores, shines and concentrates to be Of
a lead assay value of between 40 and
10 per cent. unless the smelling COM
pany should give it's written consent
for shipment to it of ores, shines and
concentrates varying from that lead
assay standard; 40 tons daily mini
mum; maximum unlimited. Life:
Five years from April II, 1904 Pay
ment: 80 per cent Of the lead contents
at 80 per cent of New York price when
S4.1O or less plus one-half excess when
over $40. Freight and treatment
charges; IS for treatment plus rail-
road tariff rate to Denver or Pueblo
whatever the destination.
Large shipments of crude ore were
being made to the shelters at Tacoma,
Everett and East Helena; and the av-
erage freight and treatment rate I'M
der all above contracts was better for
defendant than the average rate for
ores, shines and concentrates of be-
tween 80 per cent and rs per cent lead
as fixed in the Tacoma smelter 25-
year contract.
The Tacoma smelter in July, 1905,
arranged to take 5000 tons per month
of our crude ore at Tacoma, 1900 tons
per month at Everett, and 1900 tons
per month at East Helena
The Tacoma company short time
later desired to change the clause that
permitted us to ship crude ore to the
Tacoma smelter. as we'll as that per-
hitting us to ship slime and any o.ha
product, amounting to 81 tons of met
allie lead daily, and they offered con-
cessions in this regard provided the
Bunker Hill would change contract
exhibit so as to make it cover the
defendants entire product. / declin-
ed to consent to changing the contract
in this respect
About this time controversy arose
over our option under the original 20
year contract to make deliveries at
any smelling plant of any character OF
product. We insisted that we had the
option to determine the lead contents
Of ores, shines, and concentrates wher-
ever the same might be shipped. The !
contract so provided. We considered |
this option vital because of what |
nave already considered as the per
'onal equations" of the different smelt-
ng plants. We had it in our power
o ship different grades and character
II products to the different plants ac-
'ording to their different degrees of
'oPesty in determining weights and
cad contents and in making payments.
Late in the year 1905 controversy
rose over our shipments of high and
ow grade concentrates containing less
han 80 per cent in lead and over rs
'er cent in lead to the Ohio & Color
do Smelling company and to the ,
Smelling company. This
extended until March or ,
lpril, 1906, when the right of the !
'unker Hill company to ship to out
lde smelters material containing 30 ,
er cent and less and IS per cent and :