| Show POSITION OP oi COPPER I Dally lit Ily I Increasing hl Drum Demand lIeu Behind I tid for fol Roil Red Metal Tho The pi price Ice of copper recently at attained at- at I lamed tho the highest t position since Bince the corner cornel In 1 This Is du due to Ii the extraordinary use uso of the time metal for fOI electrical purposes Efforts tc tt find a n substitute for CUI copper in lit electrical elec lIc work vork have met with little sue BUC- ces cs Aluminum is time tho only similar medium thus thuR far fal discovered CIe I but It Its ita price and output threaten no competition compe with copper Many railroads are arranging for fOl the tho electrification of if suburban division which will add another element clement of oC consumption says the Financial News of Boston The worlds world's production Is now no staled stat stat- ed ell to tu be lie Je tons lon The production In III 1005 1906 was as tons ions greater than the tue average n for fOI the he last five e years while the time latest quotation of oC about 01 per Jot tOO ton compared with the average of for the he last five years Despite these almo almost t sensational sensa sensa- figures there are aro fl no excessive stocks in any position While there there- has been Iwen an average elage yearly Increase in production of oC lS 7 p per r cent for the hit thelast thelast last five fi years practically all o of the tho important gains g have been heen supplied by hy this continent and more than half halftIme the tIme total Increase occurred in time the United States Stales The Time output In the United States for 1905 was as 3 tons Spain and I ux u 4 u. u 80 o actual decrease In production b by Spain and Portugal as ns compared with 1904 while the time Mexican production has more mOIe than doubled since 1900 1000 ItIs It ItIs ItIs Is stated state by experts that taking the average increase in consumption during during dur dur- ur- ur ing ing- the last lust five fi years cars tonof tons ton of copper wil wll il be nece ary to meet tho demand for the metal by hv In 1910 O. O ant and unless s some som substitute Is found tho the requirements will reach meach tons by Jy 19 1920 0 Tho The exports of copper I from Crom the United States are expected to increase enormously during luring the thc I next few years The exports of oC copper coppel In the month of oC Mardi March aggregated pounds with an average of oC a poun pound as compared with 5 pounds valued at ir cents a pound In the time corresponding month last year The TIme greatest falling off elY In the lie March exports were those to China where only JIlly pounds were ere sent as compared with l pounds in iii March 1905 |
