The statistical position of the metals
is relatively strong. Demand is steady
from domestic consumers and shoivs
signs of improvement abroad despite
tiie Irregularity of the foreign pur
chases. Mine and smelter capacity is
such that the statistical position may
lie reversed if free rein Is given pro
duction of some of the minerals.
The output of lead and zinc ores
from the Tri-State fields has been
carefully judged for months past and
to this in large measure is due the
present strength of lead and steadi
ness of zinc. Copper lias been auto
matically restricted in many sections
by the price. For a considerable part
of this year huge cost producers
could not operate successfully. But
each Increase in the price has releas
ed more possible tonnage of the red
metal
Purchases In Silesia.
The results of the acquisition of
huge non-ferrous metals properties
in Poland and Prussia by the Harri
nian and Anaconda interests are not
regarded with particular alarm. The
Anaconda, through subsidiaries, is
the world's largest producer of cop
per and silver and has boldines in
companies producing enormous ton
nages of lead and zinc. It is scarcely
likely the heads of such a concern
would become party to a project
which would tend to cut production
and profit or the parent organization.
