OCR Text |
Show I PROBABLE COURSE OF ! COPPER AFTER CURTAILING After tho copper curtailment, then what? is the question being asked by J cast and west alike, and one answer was , given to this yesterday by an interview from John D. Ryan, president of the Amalgamated Copper company. On re-, re-, turning from the Boston Montana works at Great Falls. Mr. Ryan was quoted as saying that the smelter at ! that place was to havo its capacity matt ma-tt tcrially increased by the addition of mono reverberator' furnaces. At the present tlmo tho Utah Copper ' company la making alterations to Its ' mammoth Garfield concentrators by if which the capacity there is to be greatly increased. In Arizona are a half dozen great low-grade copper propositions being be-ing whipped into condition so that they can add their copper to the commerce of the world, and in New Mexico and Alaska aro other largo red metal propositions propo-sitions nearly In readiness for production. produc-tion. It is agreed. that consumption must Increase far beyond its present rate or there must be a gigantic combination formed to govern the vrod metal industry indus-try Stockholders of the new copper companies com-panies will hardly be inclined to favor a protracted programme of curtailment to the extent of postponing the dividends due from these companies. |