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Show ADVANCES IN COPPER. Effect on Production With Increased Demand for the Metal. Tho upwnrd advance In tho price of copper Is having a salutary effect on tho Industry, and If long continued can not fall to result In Increased production, particularly In tho Western United States, where there are many new and Idle mines ready to start up, says the Mining and Scientific Press of San Francisco. Fran-cisco. While the demand for copper has Increased the past five or six years, tho total visible supply has steadily fallen off, being reduced by large sales of stock on hand. In 1S99, the total visible supply Novomber 1 was 2C.S47 tons. Tho .first of each succeeding November since then has seen the visible supply shrink to smaller amounts each year, until on No-tmbcr No-tmbcr 1. 1901, It wns but 13,505 tons, a comparatively small amount. Contemplated Contem-plated electric lnstallotlons Indicate a demand for copper fully up to the present pres-ent production. If not exceeding It. A short time since, when copper" was but thirteen cents, It seemed possible that fifteen-cent copper would soon be a reality, re-ality, nnd now 11 Is within a small fraction frac-tion of that figure with every Indication that It will pass the flftccn-ccnt mark. To what figure It may advance it Is Impossible Im-possible to say. but It seems not too much to expect, under tho existing conditions, a further substantial Increase In tho present pres-ent price of tho metal, possibly sixteen cents, or even more. |