Salt Lake Tribune | 1904-05-20 | Page 6 | Western View on the Copper Outlook

WESTERN VIEW ON THE COPPER OUTLOOK The Mining and Scientific Press of San Francisco, commenting on the future fu-ture of tho red metal says: The outlook out-look for copper is more promising than for some time past It Is stated by authorities au-thorities that the surplus has been entirely en-tirely absorbed and that the present output of the mines of the world scarcely keeps up with the demand and actual absorption of the metal by tho Industries. Whenever copper reaches a low price the result Is heavy buying by consumers, and also the introduction of the metal Into new uses, and Into channels chan-nels where Ita use lsvprohlbltory in the time of high prices. In view of the present situation, a firm market for copper is anticipated, with possibly a somewhat higher price.