Show WORLDS WORLD'S S 0 VISIBLE COPfER SUPPLY ISI IS I LBS The surplus stocks tocks o of copper In foreign for for- eign elb warehouses and at tho seaboard plants of oC the American n refineries now to total total to to- tal a a little over pounds Eliminating the pig and rough copper from this total and th there re remains a balance equal an to m meet t the worlds world's r requirements for only ten days das Much of or the tho copper In English and French warehouses Is more moro than Junk that has ha been In storage for tor years and entirely unfit for commercial pUro purposes until after It I has his ono gone through the tho refining ing Ing vats vats To this this' endl end th this tho Amalgamated Copper company com according to Boston News Bureau cables has for tor or the past several car sev ee eral erl weeks been blen shipping rough rugh copper cOPIer from foreign warehouses This Is 1 I to be bo submitted to American re refining processes able In order to make It commercially avail avail- Tho Tha worlds world's surplus of but pounds brings the supply ply down to the theowest lowest point at which It I haa stood since the he Copper Producers Producers' association was wa-s formed a little over o er four tour Y years r ago ag and aud is almost one fourth of ot the supply on onland hand land In July 1910 If I working stocks stocke o of 17 pounds puns wore dangerously small I ms mali 1 as man many mans of oC the tho large producers and consumers conceded what must be beho bethe bethe the ho verdict concerning a 0 stock stok of ot only pou pounds pounds' mIs It I is not dear j just t how stocks stock can cn bevery bo be ery very much below the r present rent ent figure as pounds scattered all 01 over o the tho world m means but buta a very VCr small email supply at any anyone one point pint tUn and of course the must always havo some come fomo copper copper on oa hand to togo togo go and come como on Mondays Monday's Copper on Producers Producers' r. r statement showing an August d decrease of pound In the supplies on hand at nt the American refineries exceeded general ex ex cx- Tho The production was a little smaller mailer than estimated and amI tho the deliveries a trifle trine Jar larger cr Exports last month w were te ho tho largest for any n August In many years ears and strange C to say less than pounds separated tc the deliveries to American manufacturers an and the shipments to our foreign consumers each totaling a little littleover littleover over pounds It I Is not to he be wondered at that In face tace of oC this statistical position of o the metal merl copPer was as Immediately advanced advance to 16 c cents Unless 8 something happens to slow low up tip the tho copper manufacturing business Ibro abroad particularly In Germany German It Is Ismore Ismore Ismore more than likely that the price o of copper viii wl bo vo still further advanced ad and md predictions predictions pre vre- dictions of IS-cent IS metal before January 1 lore ore are not entirely without substantial foundation We Se show sho herewith here In the following table the he movement mo of oC copper surplus for tor or vanous various various vari van ous periods since January 1 1 1909 1900 In n pounds I United States January 1909 00 1 January 1910 Jul July Januar I January Januar 1911 January 1912 12 January 1913 June July 01 I August S September September- W b |