Show STRIKES CUT OUTPUT POUNDS OF oi COPPER A MONTH MONTII T That at the te strikes strIke in BIngham and EI Ely will wl curtail curtal the copper production to the extent of or pounds of at copper a month Is shown by reference to the production production pro pro- ducton bRing being mad from the mines of ot these districts previous lous to the tho close down of all al producers It If th these so enforced enforce cose close cose downs continue to any length of time It ItIs Itis itis is apparent apprent that it will 1 have lavo an effect upon the price of or red metal at a a time timo when a big supply of or the metal is In most needed Prospect of a serious shortage of or copper has hI been good goo for tor several e crl months as a since Ince tho the first of or the year great Inroads have be been n made on tho surplus stocks of or the tho thoI world At times there has ha pot not ot be been n enough surplus metal meal in sight to safeguard safeguard safe safe- Ire Ire- I guard ard the market marke and the result has been that market marke prices price have been movIng movIng moving ing upward at a rato rate that tha caused cause big producers to fear rear a runaway market which In the end would woul be ruinous Of tho the cutting off of of ot production from tram BIngham Binsham Dingham Ding Bins ham and Ely the News Bureau nays Rays The suspension of or mining operations in th tho BIngham and Ely districts districts If lr If long continued will continued wl will make for or a very serious er shortage In the supply of copper A year yer ago an any restriction in output would have been welcome but with wih the present ex extraordinary extraordinary ex- ex demand the situation la Is At vastly different and unless resumption of of operations comes very ver soon tho the price of copper cannot be bo held down At the time the strikes are aro di directly directly dl- dl responsible for the of ot pounds of or copper per month Tho The lar larger er proportion of or this Is 1 the re result reul re- re cult sult ul of the shutdown of or the tho Utah Uth Copper plant which was producing at of 1 pounds per annum We estimate the tho output of or the two districts dis and by companies as aa toJo follows s 's BIngham Lbs per annum Utah Copper company Utah Consolidated Miscellaneous Nevada fI Consolidated Miscellaneous I I Total In other wOJ words s while the question of or whether hether the labor unions or the mine owners are arc going to run these thee mines is being determined determine the output of ot copper In beinG tho the United Stat States s Is being curtailed at least 15 per cent at a time when hen tho the highest highet prices In four years year are being obtained |