Document kDBB9rjgb8x059XD7Bp9w9rDb

LIA16363 m luijtl_ijLMjijjuitfliiiJffi'ifi ratUtnemmrfir-mHiilMitiAna^ LEAD INDUSTRIES ASSOCIATION------------------ 4*0 lX>NTON *V*US k s w vemt r. n . v. ttAP iromw OPTLOOK IS ASGEXTIBA AMS HOETH ATKCAo ft*ae J. B*chin, Tie* Pr*aidant St. Joaapft load Coupany > lorfc, X. Tha outlook for laad la trgoatlna 1* daddedly grin. St. Joe'* Aguilar kino la tte only produeor at preseat, although there aro proapaota with possi bilities, under a favorable gov*meant *1 ollaato. At laaat coo no* lead-tlao alao ha* taao fully developed hut cannot bo brought into production duo to aa> ehaago roatrletlcna on tho laportetloa of tho neoeeeexy mill font. So m Idea of eoodltioos la Argaatlaa eaa bo foaod wten you roallao that* art near too aoaUese day* par week la tho graatoat aoat eetli* antic* la tte world. They will probably bar* to laport wheat this yoar ratter than sapert aa la tho peat,and ttelr *on#y*la not roadlly oonvortlU* oroa la aolghborl^ countrlaa.for exnpla, Mr* and CMla. In addition, tha country's govsrnaont owned and oparttad transportation ayttau la greatly la naod of rshabilltatian,and tho offoot Is particularly aarfcod la thoto aroaa oorrod by only on* railroad. Outside of tte Metropolitan aroaa, Uttla laproveaent ha* boan made la tte hlgteaya during th* Poioa roglat. Lo*d production at Aguilar ha* auffartd a aora or laaa toa4y drellao fro* a high of 26,360 aatrle toea la 19bO to aa estimated 15,000 ton* this yoar. Lack of span parts,op*rating auppUeo and aodornl4ag equljaent, eauaod by tte Banco Cantml'a denial of tha repaired eseteaga,ls largely rooponalbla for Udo eoodltloa. o Prooontod at tte 24th Annual fe*tlag, Uad Inteatrlaa Aasoolatloo, April lfi-lj, 1552, Chicago,m. m. > iiii a ij iiybbpqjpw w w HV T w y wwii ii i hiuhii.diu ' ^ e a w ip q 'ia tii|ila ra w! n ' i a ! iu a. |ii'i1;)i|ji ii i i i i ' . j 1t w y fwp> iw d hww if wiw w w b |ii)-i!mn. II IIIj j III I II I I...... ipilinr: II' llll'IT" HJ-TI ------------------------ - LIA16364 Mi ^nVrurTiTlii \ rriiimfiiT lirif t,\ \ Su m Kaohin------ --------------- - ----------------------------- ------------------- ---- --- ! -2- for tha put jur tha price reoelved for pig lead produced la Argentina hu boon 1,000 pesos por mrtrlo lea, it tbo realistic block aartcet rsto of ant chang* of )0 poaoa to tbo dollar, thla la 3 oanta por pound] fhla enifiUon, I which adversely affocta the daralopaont of Argentina's natural reaoo roe*, la c m i of tha result* of tha inerttail* pHoo oontrola of thla ecabtnation totalitarian- walfaro rt-ata, fringe labor ooata for pension*, alck laare,aerarenc* pay, Chrlrtau bonus, to. la Argentina ra sea* 75J of tha baao nfi ratoa, which la tarn arc foar and ana-half tlaaa tha 1963 rataa. In tha United Statu wo ara pmlj oanoornod with fringe ooata of 20-2St, It la apparent then that tha Argentina aooaoqr earaot ataad an lndlract coat of 7& for tiaa not worked. Cntil recently tharo haa baas 1 no wage oeiling. ifea one recently aatabllahad, if it can bo eallod a --<M"f, prevldoa a winlaia of 80$ aboee September, 1969 ratoa and tha govarnaant eoldad all collective bartaininc agreement* that did not aaat thla requlraaaiit* irfantlna la baalcally rich la lta natural raaoureaa,paopla and ellaatla oonditlcna. In apdto of tha country'* praaont aoonoadlc plight, largely brought about by oefortunat* governaantal policies,It oould, given a faw jeers of e- rtructlre chances In tha viewpoint of tha gnrarnmaut such as Para hu reoontly experienced, return to its forner position a* one of tha wealthiest per capita nations of tha wo Ad. On tha other hand, on* of tha bright spot* in tha mining acrid slnea tha war hu been borth ifrlca, particularly the aaatam section of Morooco. fha Socle** do* Minas da Zellidja at Bra Bekar,which prior to the war was just Inta production,haa,in tha past two yaart,greatly expanded lta operatlou. Starting In 1916 with uslstanca fron tha gataont Mining Corporation and the St, Joseph lead Crapery, 2*111dj* hu expanded It* alning and Billing operation* fron around 6,000 tons to a preaont rat* of approximately 100,000 tons por aonth. Currant production fro* thla property la now approximately 3,250 aatrlo tons of pig lead and 1,600 tona of tine par aonth. tallidja'a neighbor, tha Trailset Mina of thi .p ii 'ii h f B'aff.i ipigwp'pyppiiaaBi i ^ i p t p iij 'M .jimuip ii i i i i f ^ r aua.jiijW.iii urn .....UHhuppwppjipHPIW natfct LIA16365 Sana J Moohln Keyala laturianna, which lo 19U5 trotting lu than tOO teas par d^r, haa ineroaaod lta willing faellitlaa to tonething over 1,000 tona par dgy. Zallidja'a otbar naighbot, Social# lord Ifrictina da flcwt, axpocta to b la production ty tall, at a rata approaching 1,000 tona dally* Tha ora dopoaita at taHldja* foolaaat and lord ifriealna hero team alaUarlty to thoaa la Southcaat Haaoori, bat conridorod aa a dolt tha araa la narfcod by quite daflnlta toning. tha oraa la tha Toolaaat Mina which liaa to tha aaat of Zallldjtf contain rwlatlraly llttla tine; and thcoa of lord Ifrloalaa to tha aaat* ora prlwartly alne with a rwlatiooly low load oootant* Tha ora t*leh Zallidja la now Billing and which la aora or lasa roproacntatloo of tha balk of tha baton raaarrea, rana about Uf load and anoat 3S to 3.51 nine* Tba ZalUdJa oapiiy In aaaodatlon alth Pomaro/a hat cooatmctad at Oood 11 Briner, about 16 kilnaxtora fron tha nine, a Scotch Baarth Malting plant with 10 Sooate haartha and a la ad bleat furnaeo la la tha procoaa of eooatiuctloo* line eoncantratoa* and any axeaaa load ecocantraWa tram ZaUldJa, ara troakod to tha railroad at Ooad El Balnar and ahlppad aoaa 60 wllaa to tha Bart of fcnooura juat orar tha Horacean Una in .1(1art. Tooiaaot coocontratoa and tha tine ooncontrstaa fron lord -fricaino will ba hondlod In tha taao wannar. Morocco l>i of court#, within tha rronch Colonial Btpdrw, and heretofore, with ainor exception#, aoat of thla pnxkictioo baa aorod to franca or Balglat aaaltara and haa boon dlapoood of within Metropolitan franco. It la onlItaly that than will bo ary oubotantlal aovoaont of either natal or coocuotratoo direct fron lorth ifrlee to the Baited Stain*, although Indirectly ropeynoot of I.C.JL loana to tho ZulUdja eowpary will bo nada by a portioo of thla pro* doetioa *war the period of tho mat flat or tlx yoara* -or l l I i f t * I I i aawpa m.ifwgp uujmijaii 'www*r^nmwpnywawi. sai imu i'j ij h `