Deseret Evening News | 1909-12-06 | Page 6 | Copper Production

COPPER COPI ER PRODUCTION Great Gains Shown This Year YeuIn In Increased creased Consumption Looked For ForThe Tho The visible supply of o copper In Great Britain and France which comprises practically that ot of Europe Europ shows an in Increase for tor the month of o Novem November oem oember ber her of ot pounds eay the lIes Bog Boston ton News The Increase since the 1st of January Januar amounts to pounds The total on December 1 Is pounds The Tue Increase In Inthe Inthe inthe the surplus In the hands hand of Ct American producers S up to the h end of October c was fl 2 pounds p I 8 making junking I n a combined t I total of o pounds Increase in stocks since January I These figures In iii themselves do not seem very encouraging but when It Is I remembered that we wc have had hA a new I high record production pro they the seem less les le s unfavorable and furthermore the tho In Increase crease creaso la is I only about 10 per nor cent of or our production alone and an Increase of or that percentage percenta In the consumption would offset the gain In hi the tho surplus The prospects are arc that next year wo VO 0 shall see more than a 10 per cent In Increase increase crease In lri the consumption as com compared compared compared pared with 1903 1909 with little or no pain F III the ho production It Is on this basis that the tho best gt posted 1 copper Interests fool feel very ery optimistic over oer the tho outlook for tor the next year or two and have been boen oen large buyers of or the shares of ot the producing companies