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Show COPPER USES HE IT 1L1G OFF Advance of Four Cents Per Pound Has Not Curtailed Consumption. APRIL FIGURE EXPLAINED No Drop in Metal Prices Expected Ex-pected With Demands at Present Point. The Wall Street Journal ."ays that there i3 a general feeling of satisfaction In the copper trade over iho April statistical sta-tistical showing. Technically there was a decrease of about 2.700.000 pounds In slocks hero, but there was about 5.000.-000 5.000.-000 pounds of copper for export held up at Baltimore because of the stevedores' strike, otherwise- the month wcfld ha.ve shown a decrease about a largo a3 the Increase. This Baltimore copper will go to swell next month's export figures of the Producers. That copper consumption continues to take, car of output, in th. face of an advance of about 4 cents a pound in the metal's price, in tho last si:c months, Is the reason for the satisfied feeling of tho copper producers, and an long as that condition prevails thoro will be ho reason for a reduction In the price of copper. Taking Into consideration the showing of foreign slocks, the world's visible stocks of copper last month practUially stood still, the balance being a small decrease de-crease of about half a million pounds, as shown In tho following table, which gives the position of foreign and domestic stocks for the last twelve monlhB and as of January 1, 1911: Stocks of Copper. U. S. Stocks For Stks. Wld's Stks. 1912. 1912. 1912. May I .. 65.066.029 91,235.200 156,301,229 April 1.. 62,367,557 94,416,000 156,783,557 Mar. .. 62.939.98S 98,401,200 159.S47.1SS Feb. 1 .. 66,280.63 103,331,400 169,613,043 Jan. 1 .. S9.954.695 106,064,000 196.01S.695 1911. 1911. 1911. Dec. 1. 11I.7S5.1SS 112,201,600 223.986.7SS Nov. 1.. 134,997.642 120,616.100 255,644,042 Oct. 1...140.894.S56 129.3S2.400 270,277,256 Sep. 1... 133.4 11. 501 130,193,600 263.635.101. Aug. 1..137.73S.S5S 133,728.000 271,406,858 July 1. .157,434,164 137,580.000 295,014.964 Jan. 1.. .122,030,195 1G1.720.600 2S3.750.795 The above figrures on foreign slocks do not Include 20,272,000 pounds of copper afloat from Chill and Australia on May 1. nor 22.66S.S00 pounds, the estimated stocks at Rotterdam juid Hamburg', making mak-ing a total of approximately 13,000,000 pounds. The afloat coppor, however, cannot can-not be counted in as stock, as It Is Impossible Im-possible lo say how much, of it Is destined for consumers and how much for warehouse ware-house delivery. It will be seen from the above that April breaks the string of United States surplus copper decreases, but that the world's total visible copper cop-per has fallen off each month continuously continu-ously since October 1. 1911. In the following table, which gives tho per diem rate of production, domestic and export deliveries for tho last twelve months, It appears that the general tendency ten-dency of both output and domestic deliveries de-liveries over the last six months has been to Increase, whllo foreign deliveries tend to decrease. The heavy exports In No-vmber-Dccember-January wore chiefly responsible for the large falling off In those months. The table appears herewith: here-with: Daily Rate Figures. Production Dom. Del. Exp. Del. 1912. 1912- 1912'. April .. ..4.182.154 2.317.123 1,775,077 March 4.054,664 2.177.015 1.S96.115 Feb 4.001,234 1,938,909 2,177,520 Jan. . ..3.S49.605 2,011.093 2.5SG.061 1911. 1911. 1911. Dec 3,946,409 2.12S.600 2.550.0S7 Nov 3,729.220 2.207,992 2,234.976 Oct. 3.814,691 2.066,719 1.93S.20I Sept 3.S52.965 1,910.386 1.694,133 Aug .04S.1S3 1.993.399 2,253,408 July .. ..3,618.320 1,838,148 . 2,451,550 June .. ..4,151,S10 2.055,318 2.3S2.017 May .. ..4.095.566 2,082,063 1.999,308 Sellers arc Inclined to the belief that consumption will, continue to care for whatever Increased production may materialize ma-terialize in the balance of the year, and if the output should increase as gradually grad-ually as It has this year to date, the belief be-lief would seem well founded. The course of production during the next few months, and whothor Europe will continue lo take as much copper at tho present prices, as it did in the immediate past at lower prices, form the crux to the copper cop-per situation. Nevaclas in San Prancisco. James A. Pollock &. Co., banker.? and brokers, furnish the following, received over their private wire yesterday after-noon: after-noon: . Bid. I Asked. Goldfleld I Sandstorm 5 $ .04 Columbia Mountain 06 Jumbo Extension 42 Vernal 18 Booth .' .10 Blue Bull 08 .09 Sliver Pick 14 Lone Star 05 Oro 04 .05 Atlanta 24 .25 Great Bend 05 Florence 71 D'fleld. B. B. Cons 08 .09 Goldfleld Daisy 10 Combination Fraction 19 Kewanos 07 .08 Spearhead 06 Goldfleld Consolidated 3.90 C. O.'D 11 Merger Mines 23 .24 Comstock Ophlr 1.425 1.45 Mexican 2.825 Gould and Curry 06 .07 Consolidated Virginia 71 .72 Savage .' 10 ,11 Hale and Norcross 22 Belcher so Sierra Nevada 29 .30 Exchequer 06 Union 1.05 1.07 Chollar OS Potosl OS Tono. Merger 38 Tonopah Montana Tonopah 3.10 Tonopah Extension 2.20 MaoNaniara , 27 .28 Midway 65 Tonopah Belmont 9. SO Tonopah North Star 21 .22 West End Consolidated ... 2.05 Rescue . .23 -.24 Jim Butler 58 Bostoif Tonopah 08 Mlxpali Extension 1.30 Pittsburg Sliver Peak .... 1.30 Manhattan r t Manhattan Consolidated . .25 G. Wedge t. 07 .08 Dexter 06 .07 Mustang 05 .07 White Cap 22 Mineral Hill Con 08 Other districts r Nevada Hills 1.30 1.95 Pittsburg Silver Peak 1.30 Eagle's Nest 06 Round Mountain 45 Metal Market. The metal uotationn for Friday, postc1 by McCornlck & Co.. wore au follows: Silver, 61ct lead, 34 20, copper, 513.475. Oro Shipments. TLe Utah Ore Sampling companv on Frldav released 6 cars of ore from L'lah and 2 cars .from Nevada camps. |