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Show COPPER OUTIMK BRIGHT John D. Ryan says world copper consumption In 12 months ended on April 1st. 1 920, grcatset In history. Including the war years. Europe's stocks practically exhausted." "The fact that the consumption In one year has reduced the stocks In Vnrniin In I li rt .,Kn,,t n, I n. . . m with which these countries ran carry on business, and has wiped out nil the government's surplus stock's, with only nominal consumption In normally, which has heretofore been outside of the United States, the principal copper consuming nation f the world, leaves the metal situation sit-uation such that the only stocks available av-ailable for new consumption are held by the American producers, and the amount unsold Is not more than 'ufilelont to furnish a reasonable re-rrrve re-rrrve considering the world's needs" The multylicity of uses of copper were never so great as today and as the world gets bark to normal the (Ivmand for this metal will steadily Increase. Fleet rtirienl development alone will use more than the total world consumption not so many years ago. |