Salt Lake Herald-Republican | 1919-03-12 | Page 2 | Bright Copper Outlook, Says Col. Jackling

I I I I i II I t I I I I I 1 BRIGHT COPPER I OUTLOOK SAYS COt COL JACKLING I 1 Declares I Porphyries l 1 1 ics H Have I a ave ve Enormous us Quantity Red I Metal l in Reserve I With the four lour mines known Inon as os tho the greater greatt great s-reat- porphyries having a er t quantity of ur copper on han hand than that t I P in assessed 1 b. b by tile the government said Bald to tobe toie be ie e J J tUI tord J. J Col IX D C. C sec lIce cc president am and n general manager of ot oC otHie the Hie Utah etah Copper declares that I buying is h JiOW inevitable Ino Pro Pro- pro pro-I I costs ar are arc greater now than titan the selling price all and ana u a aJ copper will ill fl ne ne eri r I Ibe be bo sold at nt a lower figure than Quoted tt today la the tho t l l is to become l h In the near noaL stated the I metal king Flooding of or the tho copper market I is j i blamed on tho the great ereal stimulus given production ign o war tear contracts contract Mho I 1 ho hc I h fixed fixed a d price an and proceeded i ilo I lo to bU buy and anti pile pHe up a big hiS reserve of or copI cop- cop pur pel it also encouraged too companies M j I IIII tn to pile up UI reserves a against emergency I calls caBs The Tho sU sudden termInation of or the thee I conflict hun hand In Ini found round hi big supplies on lo er every section This coupled with the tho I II net fact that ordinary construction dropped to a a. minimum and has not yet recommenced recommenced has brought copper down to toIta I Its ItH present level explained Colonel I The rhe future looms bright and rog rosy for all nIl sorts Bort of oC industrial activity says sa the tho copper baron Reconstruction v will be under way and normal times reached within a n shorter space pace of oC time lime than 13 lei I usually thought he maintains I Colonel Jackling is h 3 on his I way to Now Nott York to attend the annual meeting meeting meet meet- I III ing of the directors In iii April lie al also ahw o ha has business connected with his doi I year lar position with government o demanding attention I Asked as to strike c possibilities he etc declared de- de de declared that lie he entertained little lIe lIe-I thought that men of or his properties would woul strike 0 There is considerable cooperation co cooperation cooperation co- co operation between officials an and em em- I em-I of ot the properties 4 and lo to date late there has haft never nc been a strike in them according according- to time the magnate nate Con Concerning ott- ott I the Junking of or the Colorado Midland 1 land railroad ho lie confirmed reports that the railroad would never operate a again aln a as un tin entity Some local lines i will result from the Junking process but the line as s a a. whole will be put out of 0 commission