Document bJXNQzE9QKaD09y203zKVEb3

IIllW'iy i" I'.im 'ii f 'l ,H)| III i . M um p 11j itfitflftiMaai* 1 # / LlAl6382 LEAD INDUSTRIES ASSOCIATION 4M IKXIMOTO* AVKNUI UCW TOM IT. N. T. ix.D reoDocno i s o pt h x j t ic s x x k is ZLaor A. Jon**, A***t Oonoral Maaagor St. Joaaph Lead Coapsrgr Boon* Terr*, msaourl IQr eoaaaat* to t o o thla uoraing apply to laad alalng la Southeast Bimrlt ^ 9MthMit Missouri X aoaa only tha Load Bolt propar arouad team Tsrro and Flat hirer, W,ch la 60 ale* aouth of St. Loal*| ths Frodgirfetown ro* 30 alls* farthar aouth, tad tha nraor deposits of Washington County to aorU^ Thla district baa, for tacy yoars, aceoootod for about Kf of tba adaa productloo of load la tba Untied Statoa. It priawlly produces load, bat la tba port aororal joara baa alao produced aa appreciable toonego of hy-prodnet alas. Snail quantities of stlrar, sfallo rocorsrod, ara not nofnrri illy significant* Therefore, az& chongoa la tba aerket pries of load aru ospoclally laportaat. For tbo past 20 /oars. Southeast Missouri load production has c o m aostly fron alaos omad ty tbs St. Joseph lead Conptny, which baa oparatod la this dlatrlct for nearly 100 f o o t s . Othor coaponit* , no* operating la tba area (ltb a loaaor production) ars the St. Louis Suoltlng gtaflaing Coupnry and tba Una la Motto Corporation. Tha ora dsposits of tba area ars cooperatively lo* la grad*| tbay va*y la alao fro* a fa* thousand tons to oooa that aay ala* aororal bundrod thousand tons of ora* They arc flat-lying and adaptable to a high dogroo of aaohoslaatioa eftvaerrtod at tho filth Annual Sooting, load Industries Association, April 1^*1F, W52, Chicago, minota* ffs im^..aan i Itaiim Mifflt,uwwipjtsjjgjnij^ WMMWAW-y saMMii m LI M6383 n.Mik-frwBrirrfaiN* j tim&m*. L,Par Jo bm i I* Id mining. 1 largo espitol inriitasnt par aaploy** wit b* mad* to drill, br*4k and load tb* or*, than tramport It diatano** np to CU ail** uadargroaad. hoist It to cooo*ntrttng miU* oa th* surface, and dispose of th* mat* malarial. JLt this tia* St. Jo*rph load Coopery alon* handles about 21,000 too* of underground or* p*r day in it* rartoua aUla, to**tbar with about 7,000 ton* of Chat, U., toning*, which art r*tr*at*d for ttalr load *oirUsjt, Th* prle* of load plagri an important part la th* amount of chat mod marginal grad* or* which oaa b* an lad *och yeari ffewwrwr, bacaoa* th* dL^ a*a1nit*A or** of th* load Balt art not hlghgrad*, and bacoua* thsy do tot coat-ala b^prodoet a*tala to an appreciable artant, mining la our diatrlct doaa not glm a* tha flexibility of action which many of tbs dehor or bl matal deposit* of tha at aj<g. la other mrda. It can b* said that If m la oar diatrlct, wont aora load, m aa*t ala* aor* or*, for m eaaoat rwadlly awlteh from th* alaii* of a lomr to * higher grad* or* If th* prle* should dadiaa, or do* wars*. 11 of o* who operate ala** la th* district, ara acutely oeat coooclowa, b*e*aa* looking th* flexibility to male* rapid adjustaont* through ehai* of grad* u th* world prlo* for load fluctuates, m moat b* la a position t* rodaoo ao*ta la tia* of itrlngoncy, or ala* m lo*o oar cowpotitlw* position. Bacons* of thla, sad bocaoao of th* type of a*cfa*nlaod mining to which th* district lands itaalf, drr*lom*nt work la always leapt wall ah**4 of actaal mining. Last t o t , 1951, the district prodoeod 115 JCO ton cf Pig load oquiTalent agalnat 125,380 tons 1a 1950, or a d*er*aao of 9f* Hr oatlaat* ia that la 19$X prtxkiction will appralsst* that of 1951. Oror th* loagr tor*. 2 would oatlaat* that, glTsn existing oondition*, prodnetloa will not waxy aor* thaa a f*w poroant- ag* point* oa* mqr or aaothtr for aoa* years to oeno. 2 baa* th* abow* prwdlotioa oa certain danrelofnent* locally. 2a tha Prwdorlektom axwa, tha la Itott* 9 Corporation baa ooaploUd tho mining and abut doan th* Hickory gat Ho. 1 and Ha* t Shaft*, and started cporatlag oa th* saall Coppnraiw orsbo4y, sddeb la not expected to ooapl*tly offset th* loaa of th* abow* two abaft*. Pr*d*rioktem load r~r~Y had c**aod opsratloa* V f ! >i ; f I' 5---r wmH awmipgi- LI A16384 Cmt Ju Jones o o st their sins. Last St. Louis Snaltli* sad defining Coopuy was havered tor * atrlks lasting 7 waka. This year tbay should be free to produos ths shols ysar and, 1a addition, should increase ths rats fay about 9%i Am to increased asehanlsatlon and efficiency. St. Jos should also bars Its Berdan Crssk alt* la operation fay July or Aaguat, but productloa from this sins will bs aodeat at ths start, and ths pickup will bs gradual. it Indian Crssk, ths shaft Is about half - and ths surfacs plant approximately 20JC - ooaplstod. This Bias will not bs In operation until tha lsttsr part of 1953. ^ ths tlaa these tee plants are operating, othor older wince In tha Lead Balt proper, will bs losing s o bs production, so that tha net promotion of tbo district will detinue rslatiwwly mehiwyi, Fron what I hare read and beard about Bustern mining districts, labor la these srsss is in critically short supply. Fortunately, ws In Southeast Ws> sourl, have had to drrte aa aapls supply of good labor. Insofar as St. Jos is cjocsmsd, ws hare enjoyod sxcsllsiB relations with our Bins Onion, ths Osa, Coke and Ctwnical fcrton, C.I.O., and swan though ia 1952 ws h"ii bs nsgotlating a Bew oootract with this Union, ws anticipate working out anlcably, a TOtsally satisfactory aottlament. Bs c s s ms of tha vulnerability of our district to in the TOrld pries of load, ws hors to be artrwaaly careful about adding to our later costs in contracts that aqr bs of several years duration* is s o bs of you know, t o have for years in ths Load Belt, maintained sagos oa s sliding seals which fluctuates with ths pries of lead, and* bops In ths interest of both ocm- pasgr and ssqllcyoos, that this principle nay bs ooctlnmod. In qf 25 years In the Lead Balt, I have heard aaiy predictions TOloh havs dealt with ths expected Ilfs of various Blass. Seas wore mad* teas lead was selling at 5# lb-# and at that pries a very United future existed for the Bins ia question. With lead at 19# lb. those Blass *deh wars supposed to have passed out of existence years ago, are (till operating (trolly. Frankly, rate of us who bars boon long associated with aining in ths district, will predict how IHiiVM WW.ij,PWPIWIiHlliiPWWPW mm LI A16385 a&.T' Cj mt JU Jon*# k- J i loo* * (lv*n in* will loot. W# bar# bad to autpoad operation* fron tla* to tlaa it IndiTlAiil properties, bacaa** at tha than prioa of load, th*y prcTwd to ba onprofitahli^ howarar, a changa la prlca, or tbo latrodactloa of mi* oqulpaao* t and iaprotod tocbnlqn*#, baa allowed aa to raopao aocb propartloa* IMa baa happened tla* and tlao again, and no toubt alii b* repeated ia future joara. To tho boat of knowledge,pro*pocting by all oparatora ia tha aras na carried ea daring tha paat year at a rot* which waa aor* than aafficioot to raplaoa with now ora, that *ri.eh waa extracted* Xf ^ fall bohlad la oo* /war, ww apaad ay tha rat* of ^oapocting In tha next. Zt ia, of ecoraa, ijgroettcablo to ti* ay la proapoetlag ead drralofnent, tho capital ratpOrad to block oat ar* years ia adraaea of actual ainlng. i Za cooclnaloa let aa rapoat, that thoa* of aa nth iMvg axparloaaa la tha district, ar* bodtaat wbon it coaoa to aaklag gooaao* a* to it* fatora Ufa, bat it ii gr jadgaont that prodactloa will not m or tha other fr-a tha canaatrst*, for mb^ yeare to eoaa - A j