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Show RYAN IS CONFIDENT OF COPPER OUTLOOK John D. Ryan, president of the Amalgamated Copper corapanv. returned re-turned on the Campania on Saturday, Satur-day, after a ten weeks' European trip. Mr. Ryan is enthusiastic regarding regard-ing business conditions generally, and conditions of the coppor markets particularly, par-ticularly, says the Wall Street Journal. Jour-nal. When informed of last month's Increase In-crease In the visible supply of the metal In this country and abroad, he said: "Stocks of copper are not anywhere adequato to the demand, and I would like to see a much greater great-er Increase. Consumption is outstripping out-stripping production everywhere In Europe the copper business is at top notch, and there are no immediate signs that the increase in consumption consump-tion will not continue. Uses of" copper cop-per metal In European countries through which I traveled including France, Italy, Austria, Germany and England, are increasing and the demand de-mand for the metal Is growing proportionately pro-portionately Business In England, Franco and other European countries Is exceedingly good, but Germany Is outstripping the world In manufactures manufac-tures of all sorts. "Germany's, big copper requirements are not only for home consumption but for export goods also. Her raanu-actures raanu-actures aro going all over the world. Largo demands for German products are coming from South America. A very material Increase in production will be necessary before the supply will equal the demand. As I have already said, I would like to seo stocks of copper increase both her and in Europe. Eu-rope. I hope refinery statistics from now on will show above 130,000,000 pounds a month." Mr. Ryan says that everywhere in agricultural Europe they have bumper bump-er crops of all sortB, and" he has been advised that crops In this country will this year exceed anything before recorded. re-corded. "With such conditions as Ihese in agriculture," said Mr. Ryan, "and factories both here and In Europe Eu-rope running to almost full capacity, 1 cannot see anything but a, season of prosperity ahead for some time to come." |