OCR Text |
Show October Copper Production Shows Substantial Increase Utah Copper Ranks Second in List of Twenty Principal American and South Amer- -lican Companies. Tne smelter output of twenty of tho leading American and South American mines amounted to 1 05, 503. 07 S pounds of copper In October, an increase of nearly d.OOO.iX'O pounds over the previous month, says the Boston Ngws. hiureau. These companies represent ?' per cent of the toal smelter production of the United States, and In the first ten months of this year their aggregate output was 1,5S,30S,335 pounds. A comparison of this period with the corresponding months uf last year telis nothing, for during the summer and fall of 1017 labor strikes in Butte and Ari-i Ari-i zona caused the shutdown of many mines. ; While in the aggregate these companies ; increased their output last month, indi-, indi-, vidually 50 per cent of the mines fell be-; be-; hind their September figures, but the gains were far greater than the losses. Conspicuous among those that increased were Anaconda and Calumet & Heela with l.fiOO.OOO pounds each and Phelps-I'odge Phelps-I'odge with a gain of 1,200,000 pounds. Kennecott last month inaugurated a new policy in report ing its production. Figures Fig-ures given out included its South American Amer-ican subsidiary, .Bradcn, and totaled 1,-:7'1.020 1,-:7'1.020 pounds, an amount that did not indicate much change' in either company's average. Copper production figures from now on are expected to command keener scrutiny. scru-tiny. For the past nineteen mouths tlie maw of war has devoured close to 5 per cent of the red met-il produced In this country and South America. With trie cessation of hostilities has come a sudden termination in this demand. While, as jot, the government has not canceled any copper contracts or airy larce orders that would consume an appreciable amount of the metal, it is obvious this 9." per cent demand should soon begin to shrink, and commercial needs will then have a show. Tho semiofficial announcement by the var industries board that one of tlie al-lio.l al-lio.l governments had made a request of tlie board for delivery- of 4 4S.OOCIOOO pounds of American copper was distinctly distinct-ly encouraging to copper producers. With present smeller output from all mines running at slightly over 20O.o00.ti0O pounds of copper per month, this one pleco of business, if It eventuates, would consume two and a half months to fill, applying every pound of American production pro-duction to the order; Tho fact, however, that producers have agreed with tlie war industries board to keep production up lo its present level until January 1, 1019, at least-is taken to indicate that tho government will exert every effort to stabilize t he price of copper, particularly during tlie next few months of business realignment. The following t;i 11 e pictures product ion in October and the firt ten months of this year with comparisons: October. September. 10 nm. 101S. 10 mo-;. 1P17. Anaconda 23. 45o.fMin 2 1 , Sim, 000 2."3 250.000 "2 1 1 ,8fil ,4H0 I'tah 10.0no.OOO J7.7S5.ooo f,7,NSK,5!i 172. 1 52.325 Inspiration S.125,oOti T.SOO.OOO S3, 075.000 72.050.0OO Chlno 7,rm3,0OO T.'.fSU.Ono 0(i.R(Vi.412 fi7,i92.nM Miami 4 1)45. 11H 0,ni2.SH3 40,21 8. UM 34.735.3SH Hay 7.40O.O0O 7.250,000 73.SS7.55t) 77.05H,t79 Nevada Consolidated G.700,000 0.070,415 Rfl 230,415 li(i,SS7,350 Phelpn-Dodge Ki.72S,371 35.500.62:! ISO, 740. lit 5 17,57S.H24v Calumet & Arizona 4,712.000 4,8fiS.00o 13,5"8.o00 41), 375,000 New Cornelia 3.R44.0OO 3.744,OfHI 3tt.S7S.OOf) ( Arizona Copper ' 4, 0H0, 000 4 330,000 38.820,700 .......... Old Dominion 2.373,000 2.2n2,000 27.70(1.500 25,722 000 Eact Bu'te 1.S23.HO0 2.134.700 21. 0(12. 058 15.7K)'348 Cal. & Hecla nnd sub 11.174,020 30.341. 4BS 31R.534,l:t 132 453 SHR Granby 3 40o.O0O 3.371. 53r. 34.55G.1SH 32,H.M)is00 Greene-Cananea 4.300.(ii) 4.!'MrniO 43. 070.000 s'J.S.RSO.OOO Cerro do Pasco &,S3(i,0oo 0.150. 000 r.o 008. Ooo 50.:uM)!ti32 Kennecott 31.38H.OOO 5.50s. OOf) 58, 13(5 000 OO S''(l 0041 I'l'.iie S, 458.0(H) 7.:tl(i.(tOO S2.532.512. 71,074.110 Krnden J O.OJO.OifO 55,72(1.000 52 3G-S.000 Tot.nl 155.550.078 150.700.000 1,565,358, 335 3.155,7S0,173 rinsed dfiivn durinp summer on account, of of lubwr troubles. tPid r.ot bofria oh I ppltig until .luue, 1017. s Property closed down on neeomit of distinhnneen in Mexico. t Production figures herenfter to bo merged vi lh Kennecott' 19. |