Show LARGE ARfiE PRODUCERS TAU TALK COPPER PRICES Clark CIar and Guggenheim Are Interviewed on the thc Question INC INCREASE OF OUTPUT SLOW EOl loll I N Is I Hardly iLl iiI I V J Keeping f Il I With 1111 ii the he Increased vv 4 t T Demand b 0 1 William A A. A Clark and DanielI Daniel I kT Gu g have ha been Interviewed VeI on ont r t the tiit ti for the thc copper metal durI during dur dur- I ing InS th the the- present ent year Each Bach make maket thai that will be hc read with in interest in in- 1 terest t here where here copper in li the thc chief theme In 1 circles Senator ClarkI Clark Chu I I 6 1 jn I The figures f r 1906 will how an of or probably Increase e in production coppers pro u ably h less leis than limn 1 1 P per t cent The rue a average aver aver- el age bl be e In the a aie price will neighborhood of U l' 1 l-J l 1 cents 1 The beginning of ur th tIl new year has IIa found tho ho copper malI markets markets' s' s nearly neUll bare of tiny the metal beyond eona the thc nee nee- o uary nry r StOCkS nIB and there 1 Is little prosy prospect pros pros- k y in the near future of or an any material decrease c In lii the thc demand The work worl ork of electrifying the lie steam railroads of ot tile the country is progressing faster aster n than anticipated and alone 1 j Is a new and antI vastly growing market copper Substitutes 11 have C 1 J an i- i found unsatisfactory It Il is IHo probable le that we wc will ihl not sec ec copper below a minimum of or 21 il- il t cents edits per pr pound d during the year car 19 1907 Oi 1 I r is i's v Daniel Guggenheim does docs not look for fill more th than the ic ordinary Increase e ein c in production tills this year CUI and talks talles op- op j lIml as LS follows Several years a ago o it was wa predicted predict predict- J ed i I that ilL t Al aluminum iOU III would certain certainly take the tue place o of co copper I leI should JI Its price price- I materially exceed 15 cents a pound r This Tills now proves JIO to have been a delu delu- sion The llie production production- of copper i is constantly increasing but hul as us yet ct the thc Increase does docs not Ilot equal the Increased J demand Tho only hope hoc for fUl increased production pro 1110 ks- ks lies Jes in lii the discovery and aust tie dc- Ie- Ie of or new ProPerties rho Tho wonderful discoveries cries of ore in 7 copper COpl Nevada made matIc three were years ago Several properties which will be large arge producers in lit time tIn have c been cn In Iii contant con- con slant tant process of development de and aud rc- rc IOn works are e 1 now nOV but JU U t 1 I f will I some time yet before ancon any an c con considerable production of or fine line copper is from these sources g Xo No b i tt I C. C r r It Il Is not nol wise to lo an Increase in tho the output for 1907 greater I than thun l the percentage of or Increase which has haZ he been 11 established lImin during ing tile the post few tc i years cars i POI For l OC the tile United States pro uc- uc i If S' S 1 lion will aggregate ate pounds I an all increase e of only a about out i t per cent o over VOl 1905 which compares comparo with wilh an increase of JO 10 per cent In 1905 over o 1904 For 1900 the tile Canadian pro uc- uc lion tion will vIll aggregate about aboul the tile same as 1 1903 and Mexico will probably show slow 7 n slight ht orr falling The Tile chief Increase Increase ini in- in i crease In Iii production in l 1906 OG came from froth Utah an and California Montana shows show a reduction In output for lOGi lOG i t J l |