Show THE OUTLOOK while the conditions of the mining stock market as reflected on the boston exchange and also on the salt lake exchange do not seeni seem to offer very much encouragement for an early return of activity there are certain indications which ought to give some encouragement it is a fact that history repeats itself our local mining stocks have been in a condition like the present several times before there is no doubt that we shall see a recovery in due time and ana that those who have the courage to buy in the present low condition will make good profits the outlook for copper stocks is not so promising for the production at the present time is considerably above the consumption although there has been a considerable increase in the demand for copper there are several mines mimes which are producing in a leavy heavy tonnage which were not yielding anything two years ago copper was somewhat higher a year ago than it is at the present time the london quotations on thursday october 7 was 58 pounds sterling A year ago it wast wasi 59 pounds 13 12 shillings and 9 pence per long ton the high point reached in 1907 was pounds 15 shillings the greatest sensation in the industrial world is the business in pig iron and steel the furnaces of our country are now breaking ni all previous records it is stated that the united states steel corporation in july last passed the remarkable record of october 1907 the recoil for september last even surpasses passes july although the month was not so long it is confidently expected that the present month will be the greatest in the history of the corporation inasmuch as the steel business is taken as a good barometer of he general industries of the country we may look to see the year 1909 1309 to close with the best records ever made |