Show I RECORD FOR AUGUST I Small Decrease in Metal Production Noted FIGURES WERE 1771550 1 Copper Output Helped to MakeUp Up the Shortage I Decrease Attributed to tho Immense Amount of Development Which Has Been Necessary Exclusive1 of the t shipments of coppoi bullion from thC Independent smelters which w eve approximately L5735SO pounds the ore and hullion settlements for the products of Utah and other nearby near-by mines amounted to SlTTlfiiO for the month of August During July the settlements set-tlements totaled up 1829250 Almost every man will account for the falling off of 57000 In a different way but the most reasonable theory Is that production I produc-tion wn 5 retarded toy the immense amount of development work which became came necessary after the close of the first huH of the year Whether this hypothesis Is correct will be ascertained I when the returns come In for September Septem-ber and October 1C the deficit is not more thin made up during those months people who think they are in touch with tilt mining industry of the Slate will take another think The copper production is more gratifying gratify-ing About 51000 pounds more of bullion bul-lion was produced than in July The Independent In-dependent plants came in as follows Pounds BiHKlinm Con 3MO Highland Boy 1100000 I Tutted States 7S01IO i Total 2573550 A me rl ran Smelling Refilling ColCOOOOO Grand total 3773000 Thai the Increased copper production nil touch a still higher level is practically prac-tically assured The American will handle I han-dle a larger tonnage by 1 or 5 per cent next month and the United States will I bo able to trout several more cars per week by reason of the blowing In of an extra furnace The output of copper Is really determined by smelter facilities and it Ptitims that It Is Impossible for the appetite of the furnaces to grow beyond be-yond theplenlitude of the mines Yesterdays ore and bullion settlements settle-ments reached SGGJOO in the local market mar-ket McCcrnfck it Co reported American I Amer-ican bullion 5215200 gold silver copper and lead ores 10200 l I I In the metal market for the day silver I sil-ver sold for 57c per ounce lead 350 I per 100 pounds and casting copper 12c per pound |