Show the copper outlook there Is nothing difficult to un der stand in the reluctance of copper producers to increase production very materially in of the fact that the accumulated sup ply of the red metal is being rapidly reduced says the this news news having operated at an actual loss many of them during nearly two years it is entirely natural that they should hesitate to risk the ac of another large unsold surplus at least until thero there is evi dence of considerably higher quota eions at the same time the present low rate of production contrasted with the growing volume ot of sales would seem to foreshadow not only better prices but also a greater output deliveries into domestic and foreign consumption have recently been run ning tar far in excess of the country s production of the thet metal the latest estimate indicating for the year 1921 a decrease of about 00 0 pounds in the accumulated surplus at present prices it is true that there 19 no margin of ot profit in production but in thiT connection it must be remembered that present production product io is somewhat desultory and scattered scatter edi Is more or less incidental to develop ment work aud and consequently furnishes no accurate criterion more over there jis Is reason to believe that when production operation s shall be again generally resumed the costs can be considerably reduced some authorities estimate as much as 30 to 40 per cent below the level at the time of the shut down all these conditions afford more than a mere glimmer of hope tor for im provement pro in the copper outlook it need not be eald said that such improvement so far as this community is concerned will be hailed with de do light and will mean much |