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Show II, COPPER OUTLOOK !,' SOMEWHAT M ' So-Called Curtailment Policy : 1 Has Confused the Brain Ij of Country. f : i IS NOT A MATTER , -I OF WIDE ADOPTION I ! i Interesting Situation Is Food I for No End of Present i , Speculation. IJ " The mining world Is divided Into two ! I classes, otic believes find . the other doubts. While the country has been rc-1 rc-1 giilod frequently during the past few I J weeks with Btatcmcnts that there Is a regular programme of copper curtailment 1 ' being followed by all the big producers, I ! and that the Nevada Consolidated com- jj ' pany was a party to such programme, there have'heen those who have asserted nil along that while some camps may be 1 j cutting down the output of red metal to j ' bring about a reduction In the surplus J i of the mctnl. curtailment was more of a i nnfcssltv In nartlculiir cases than a mat- ; tor of universal adoption. Thorc arc those, also, who consider the I agllutlon of curtailment merely a red I flag waved In the face of the consumer I to frighten him Into the belief that the available copper was to become scarce. If I henco higher In price, and that It Is j policy for him to begin buying a little of I 1 ' the little that was left while there yet , was time. 1 Too many have stated that Michigan and Montana camps were reducing their ! . output In conformity with this pro- , , , gramme to doubt, the truth of this much I i of the situation, but the doubters have i the positive assertion of high officials of I 1 the Nevada Consolidated, as stated In l 1 Wednesday morning's Tribune, that this i organization was not curtailing It out put either In conformity with the report-I report-I ed programme or otherwise, and thai the ; month of August report, when the pro- i i gramme was expected to first take efiect, ' would find this company with about the J same production as July. August, by the way. as shown by the statistics of the . ' Copper Producers association, was a pc- , ) rlod during which ono of the greatest productions of the metal was made of ;, 1 - the year. The situation is Intensely interesting, if somewhat confused. I! i , BRADEN COMPANY CAN I' ! PRODUCE COPPER CHEAPLY I 1 I Considerable Interest locally Is being i I taken In the Bradcn Copper Mines com- j J pany, which owns 12(10 acres of ground on the western slope of the Andes nioun- talns, Chile. South America. Pope Yeat-i Yeat-i man is consulting engineer. This prop- I e.-ty Is reported to have in demonstrated I form today a total of over 7.000,000 tons of ore, averaging 2.72 per cent copper.. The net value Is estimated at the pres-I pres-I cnt price of copper to. be 512,000.000, and ' the cost of production Is conservatively estimated at 7i cents a pound. The company's own railroad system connects the mine with the government railroad at Rancagua. the company line " ' brins forty-three and one-half miles long. The ores He, within the periphery of an ' extinct volcano, the mineralization occur- i ring In hrecclated dlorlte close to the con- f i tact of the dlorlte and volcanic tufT. The I mine will be operated by the caving sys tem, all the ores being taken out via the extensive tunnel system. The company's 1 own mill and smelter, capable of trcat- ' !ng '2000 tons of ore dally, are now under j process of construction. These works Liiujild be ready for operation by the first t f the new year. |