Show CHEAP production OF COPPER the recent decline in copper quotations will not have the depressing effect upon the mining industry that such a slump would have caused several years ago and for the reason that the methods for the handling of low grade ores have been so much improved and simplified of late that present prices for casting and blister copper will still leave a handsome margin for operating companies notwithstanding that this price is seemingly at low water mark with every reason to believe that an advance will soon be noted and that not far in the future quotations will settle around the eighteen or twenty cent mark in many localities of the west copper properties can be handled so economically that a profit would be assured with a market below fifteen cents take utah consolidated for instance the stock of this company is very firm and is being very strongly held P notwithstanding the fact that many copper stocks are now greatly depressed and almost lifeless in eastern financial circles and this is owing to the statement made and which can be fully corroborated that the comp company aily is producing copper at five cents including all expenses other bingham mines are also working on a most economical basis and are producing copper at a low cost and it is learned that the ohio copper with a higher grade of ore will be able to produce at a figure not exceeding the record being made by the utah consolidated as soon as the mascot tunnel is completed and the big concentrating plant at its mouth is in commission the cactus of newhouse is also making a fine showing in the way of cheap production and while the depressed conditions of the market at the present time is felt by this and many other western mining companies it will not necessitate a suspension of operation i by any means ely and berin yerington agton also as soon as their huge plants are in commission will be able to operate successfully and profitably also and this will be at no far distant day and arizona mines will be able to hold their own without difficulty |