Montana labor news., 1945-11-08
LEAD MOST ACTIVE
METAL ON MARKET

MEIHL Olt NAHitAAGA
lead was the most active OF the ma
- non-ferrous metals in the week that
snasd ~ yesterday. With civilian demands
s,,aand;ng sIao consumption Of lead at pres
ent i almost as high as in the war
ner;od Interest in copper centereu -
develonments connected with eN'enu,Hs
tho Governments purchases oi - 49,
n.,or;can a. metal Buying OF zinc Mas
s.., N''e. The New York official quolau,oin
spo'sy. ss.o;,,, - silver was raised one-eienu
cent l an ounce establishing the n;e,' ,,;aased
- zo4 cents. This revision was 49," ~
~ an adjustment, owing to lowe. l.d i'1 n
a. n.s a. cbsrges than those incurred - :"
ailng s,,r, newly mined domestic sllvel. .
purchas.,,ns sing, Nem again advanced in price
,,,;tb sales at SlOO per flask ,epo' y
F&MJ Metal & Mineral Ms'Ne'
Copper ..;on
p.a;,c Developments in oonle0',oN
with the governments prog p.. an liter the
shas;nq W.. I attn American copper an, INC
erd', d nf this month, the industry Is ug,re ;,,,
ehd o. ol ''.'5 abont the delicate foreign situ-
notninE : agos tbe metal. A decision by is me
alton m m u'S N Washington settling TINS
su.''t ,eat;on Is expected shortly lh1ueH IN, IN
w., ,nnd for copper from abroad ig na' heen ,a
manu ioi tte tonnages involved have oe9n @
prosI0, 0,.aagoared with normal times an an
sman eq,l,f far 10000 tons or so from s0in' 81.
inquiry ioi ~ ,.oreives wide public
- .u Fnropes needs for copper are are s.eadI s5.a',d
Ivy NY credit and other difficulties So ~ =
ou' @ .bs NV Wav Of reyiying business on q
large scale. ut. for October
Donestic requirements
,,.ge beeu about covered.
Lead g..
n.1o,ed demands for lead Tor illii'ei ,
Nguute9 ,.at;ons are being offset by IN
app',e,' lod consumption in civilian pIoG.
ta a. With the result that current s.,ti, uss h
hoid;np at around 60,0Oo tons - ,'g dnr-
no.u.ie I%a5d for lead was fairly active uu.
pe'i'a,e i ,bs last week, sales amounting ~ -
ing !ne .as iss' aeainst 1884 tons in the
preceding week IT iced IN
p Fnd-nse restrictions on lead pseu ....r, -
Elu,pIo rodnction of lead chemicals WeI'
tne ',iaoted p,og nv WPB on Oct. 9. lhis 90 az
ei'i,'' ein talen by amending order MO- 5.
ton taNe" g. - oreater flexibility in dis
fributing the products. IL - III,
Il Ems Sonsnmption Of primary lead IN ,oT os
trnited Kingdom in the first nan oi ~
'eood on,esa 17zo7 tons a month
Zinc
A. IN recent weeks, buying OF zliie ;,
+he seven-day period that endea J - 5,,a,
dav eentered largely IN sPeG'al PI,,, ias sc
sde 10y and prime western. Where lol
ard s'aqI business was involved, consumer
wa.u Val TO toward placing orders on a
average-price basis c.,.or,be
The slab zinc statistics tor 9eP'e'Hgs ~
;ssued during the last week py u u
'S9u Sasar;car zinc institute, placed sto0N
~ 1.,'I, band at the end Of the month
on On, 438 1', tons against 2l3,556 tons p'
vised) in August. AS most OF ~. '',s II
naoe is owned by the government :. :,
,narket was not greatly concerned WI W.
a'a .', forres However, should stooS
o,aned bv producers begin to increas in
v,b;cb is thought likely unless consunl mi
ton can be maintained at a i'isu a. A.,
the industry will follow future ptouu'
~ ~ and consumption figures MOI
eIoselv Shipments to consumers ouI,'
Sentember dropped to 4l,351 tons, d
,hare was little doubt in the MINDS
nroducers that this total teli lar sn9 3
actna consumption. In other word
oa,s,,,,,crs continued to reduce their u
,.entories Production OF 6l,6OO tons
Inc in September compares WIN u
.,an+biv HIGH for the current year
1879 tons, established IN MAJ w.
Magnesium
The war production board mas
tsosed additional figures on produou'
of magnesium products during the w
years Magnesium foundries snlpp'
237OO0OOO pounds Of magnesium me- !,
d;ary bomb body castings during 81
,,,o months from February, l94Z, \
INV 1o4s From trickle early IN ~
ontn,,t of bombcastings increased un ud,
# reached peak Of more than loVO' y,
ooo bounds in March Of 1914. Shi
,,ents Of magnesium bomb castings
1919 tota1ed 05870OO pounds 7/'5o9O
hounds in 1943, and ll7,5O9,0oO poun
i 1914. Shipments in the tlrst sew
months Of l945 totaled 3Z,/Ol'Voo poun'
Tin
Renorts originating in British souIC
state that some $4,000 tons OF tin ha
been located in Malaga. 1t IS expect
hat the combined materials board W
take over this and other stores oil
found in the Far East for distribute
Consumption Of virgin tin IN
limited Kingdom in the first halt OF l.
amounted to 8,0l6 long tons.
The market for tin in New YORK "
unchanged.
Silver.
Effective Oct. 9, the New York OF
c;al for foreign silver was raised
7O% cents an ounce. This slight
yance from the 70% cents quotati
that prevailed earlier in the week
srlted from an adjustment in calcul
inc the handling charges on tore
metal. Also, it is hoped that it VIII SCI
as an inducement to increase suppl
moving to this market. The quotat
for domestic silver was unchanged
705s cents all week. Quotations tor
mestic silver for Saturdays have b.
Observation-Disclosures Miner.