The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1923-06-28

small amount OF business done by
these brokers is on a commission of
one half of 1 per cent.
The following is a list of the i'm
portant companies that sell pig lead
in the United States:
American Smelling & Refining Co..
New York
St Joseph Lead Co., New York
United States Smelling, Refining &
Mining Co., New York
American Metals Selling Co. New
York.
American Zinc, Lead & Smelling
Co, New York
Eagle-Picher Lead Co. New York
and Cincinnati, Ohio.
Guggenheim Brothers, New York
Desloge Consolidated Lead Co. St
Louis.
Bunker Hill Smelter, Kellogg, Idaho
(Sells its own output for delivery west
of the 92nd meridian)
American Metal Co. New York.
Pennsylvania Smelling Co, Carne-
gle. Pa.
Balbach Metals Corporation, New
ark, n. J.
John Wahl Commission Co, st.
Louis. CThis is not producing COM
pany. but sells a considerable portion
Of the output of the Desloge Consoli-
dated Mining Coz
During the last ten years the trend
toward buying in New York has been
very noticeable, and it is now custom
airy for important consumers TO make
trips to New York once or twice a
month to interview the sellers of lead
and of other important commodities
which they buy
Some of the sales agents of the pro-
ducers make trips once or twice a
year to see the trade, but, being NOM
entarily out of touch with New York,
their business usually has to do with
the renewal of average priced con-
tracts, or is for the purpose of meet
ing new buyers are renewing old
During the 1O-year period ending in
1921, the worlds production of pig |
lead has been estimated at 11,S2S,O0O |
net tons, and the United States pro-
iuction, 4,99S,OOO net tons, AZ per |
cent of the worlds production being |
produced from mines in this country. |
Reliable figures of consumption are |
lot available, but it is fair to assume |
hat more lead was consumed by the /
United States during this period than
faaA # a
Exports of domestic lead have been
except during certain |
periods just before and during the
world war. Foreign lead has at times
,een imported in large quantities, par
icularly in 1920 and the second half
If 1922, and in 1928.
The peace time pei capita use of
zig lead in the United States is enor-
nous compared to that of the rest of
he world, and is apparently on the in
,rease.
The peak of the American produc-
ion occurred in 1916, during which
ear 1920 tons was produced from
american mines. In 1917 $4,000 tons
vas produced. and for the five years
nding December, 1929. the average
PRODUCTION was $4,000 tons. Under
he stimulus of the present price
1929 the production in 1928 will ex
eed 100000 tons, but it is doubtful
E the record year of 1916 will ever be
from the present know ore
oIfac In, tho TTnifad States
The comparatively high average
rice prevailing for the last seven
ears has increased the production of
econdary lead, and today the return
f scrap lead from the battery and
able industries has reached a large
CURE.
consumers Found East of Mississippi. I
The consumption of pig lead is l
in the northeastern por- 6
on of the United States. 1t would
e included in a line drawn around the I
tiles of St Louis, Louisville, Cincin- I
att, Baltimore, Philadelphia, New {
orlx, Boston, Buffalo, Detroit and t
hicago. There is a comparatively {
nall consumption on the Pacific 9
past. OF 100000 tons of pig lead t
reduced in the United States annu j
lily 100000 tons are sold for delivery 7
n or east of the Mississippi river. s
The major consuming centers are f
ew York, Chicago, Philadelphia and f
t. Louis. The minor centers are Bal
more. Boston, Buffalo, Cleveland,
incinnati, Detroit and Pittsburgh. I
nd on the Pacific coast. San Fran i
SEQ and Seattle. Lead reaches these Il
lstern points through three gate l.
ays-St. Louis, Chicago and New j
Ork {
The two major markets are New t
ork and st. Louis. The Chicago t
arket is dependent upon the st. e
outs and the New York markets and t
upon the New York mar p
ct alone. In the minor centers, there b
re minor markets determined by the n
eight rates from the three gate S