The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1918-12-05
ANT|M0Ny PRODUCERS
MUST HAVE PROTECTION
COMPANY WILL COMBINE oPER.
ATOMS TO UNDERGROUND
WORK.

The mill in cold weather, and also
probably on account of the dull mar
ket for the metal, the Occur dAlene
Anthony Mining company has sus-
pended operation Of the mill and will
confine work to underground develop
ment during the winter. The situa-
ton is explained in the following let
ter to stockholders under date Of No
yember 20, signed by M. E. Jolley,
president; III. J. HIbscheman. vice
president and C. M. Powell, secre-
tary- treasurer:
Will curtaiI Expenses.
"Since our last letter, dated Sep
TENDER 20, 1918, there have been great
changes in the political world which
have effected us as well as all other
Industries. We have operated the
mill up until the freezing weather set
in, at which time we closed 1t down
as it would incur considerable expense
to make the building workable in zero
weather. There are 70 to 80 tons of
ore ready for shipment which the
smelter will accept as soon as indus
trial conditions have settled and adj
justed themselves.
I'VE have drifted on the lead 100
| feet and picked up the ore at about
100 feet from the station in CONNER
cial quantities, the lead being about 4
feet wide, of apparently good quality.
We have been having some pump
trouble that has caused water in the
drift which has damaged it to quite
an extent.
1--WE propose to install an electric
ally driven pump underground so as
to reduce the power expense to a
minimum and curtail all other ex-
penses until weather conditions viii
warrant running the mill fairly
steady.
when the notices for the annual
meeting are sent out there will be a
financial statement for the past year
enclosed.
I'm order to meet expenses you will
find attached notice for a 5-mill as
sessment."
Encourage Domestic Supply.
Reviewing the anthony market for
the week ending November 20 the En-
cheering and Mining Journal places
the average price at TX cents per
pound and says:
"The volume of business was not
large, but some small holders We're
trying to get out of the market at any
price. While they were hysteric III,
large holders held aloof. Although
business in anthony metal was rela-
lively small there was some large
business in antimonial lead on anti
mony basis.
1.-THE Magnolia Metal company, Of
New York, having completed its new
smelling plans. has entered the mar
ket as a buyer of anthony ore, and
hopes especially to promote the dom
este anthony mining industry"
No doubt that the trouble with the
antimony market at this particular
time is due to the unsettled business
conditions, but when these are ad-
justed upon a normal basis, will the
position Of the domestic producer be
materially improved unless he is CIV
en- the benefit of tariff protection?
Before the war most of the antimony
consumed In this country came from
China and other cheap labor coun-
tries with which only in rare cases
the American producer could success
fully compete. This situation was
presented to the government early In
the year at hearing in San Fran
cisco. when Mr.. Jolley and Mr.. Hib-
sceman. president and vice presiden.
OF the Occur d'Alene Anthony COM
pany, made strong representations in
favor of an adequate protective tariff
or antimony and antimony ore in be-
half of domestic producers. Anti
mony ore now comes in free of duty.
A reasonable protective tariff offers
the only permanent relief to the an
timony industry.