OCR Text |
Show COPPER AND IRON ARE NOTl SO INTIMATELY. REUtEaf The statement Is often made, and apparently accepted without oiip,m "M the production and consumption of Iron and copper run along very cloVoiv ,2' showing Hbout the same ratio of Sncrensc as the oilier. Reliable rtrnrio e "Jlllf consumption of these commodities are naturally not available, but, In a iirLj" WT they will correspond with production, and therefore to t03t this ass-fi1 Wtill havo compiled, from trustworthy sources, the pig Iron and Conner n3:lr since 1SS0, which wo present herewith, says Hayden, Stone & Co.: 1 'r0(,UctJ. j WORLD'S PRODUCTION. TXy PIG IRON. COPPER. H , Yr. Metric tons. Yr. Metric tons. Yr. Metric tonp. Yr m.i 1 wft 1S80 1S.5I7.22S 1891 26.058.970 18S0 153.959 1891 Cttl?.t? K 1SSI 20.038.273 1895 29.S5S.439 1881 .163,000 1895 2 rfH 1882 21.461.127 189G 31,015,302 1S82 181,622 1896 1883 21.707,172 1897 33.513.073 1383 199,100 1807 ' h' S 1881 20.140.808 189S 3G.fi5S.272 1884 220,219 189S V 1885 19.791.89S 1899 40.157.311 1885 225,592 m )U ill ISSO 20.785. 531 1900 39.599.457 1SSG 217.0SG 1900 F 1SS7 21,685.391 1901 40,950.692 1SS7 223.79S 1901 !?? jd 1SSS 24.015.908 1902 44,342,o79 IS88 258.020 190' 5"' P" 1889 26.029.9S0 1903 47,113.730 . 1SS9 261.205 1903 5JJ- M 1890 27,030.712 1904 (6.009.501 1S90 269,155 1901 " 1891 25.8S9.059 1905 54.051,783 1391 279.391 190n"' ' 1392 26.S63.S65 1906 59.074.801 1892 .310.472 1906 S95' 1893 21.229.025 1907 S0.0S0.014 1893 303.530 1907 i?1-1 1908 4S.271.555 j; Comparing th production In 1SS0 with the high point In 1907, ft isVwm. i ! a glance, that there has been anything but a similarity In tho ratio of 6"" tho gain In the production and consumption of pig iron being but 270 n.r ?! U against 370 per cent for copper. -Such a1 tahU? of statistics Is open to q.il 1 torpretntions Our Interpretation is, th there would not have hem rurh JT excess production of copper hod there not been a demand for It. which ii $ '? from the fact that until the business reaction In 190S set In, ihVro wnVt1 Si mulatlon of copper to speak of. , as n ajj . This argues, we believe, for a continually larger consumption of ennn,,, 1 ? future, and" we consider that these figures may well bo regarded bv Sf, ,ni' X thf metal v.-lth encouragement- Incidentally. It will be- noted that whlin M?tr i ductlon of iron was cut down 20 per cent last year, that of conner tni16 fl !r which fact, of Course, will alone account for tho present difference In tho nnfft3 S the metals. e poslll. |