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Show 'COPPER EXPORT SHIPMENTS GAIN BV ALBERT APPLE. N'FW York Feb 4. The copper In-dustry In-dustry I preparing for a revival of business. Calumet and Hecla Mining compen j will begin mining copper ore again j within (0 days. Nearly all the leadlnci i producers of vein copper are expecte I to be. operating then mines by late April The copper market Is quiet now. But the industry is steadily gettlnc Into better position. Tonnage of copper exports I runn-nc about 40 per cent bigger than the 1920 ' average Germany, during 1921. took more than I a third of our total copper exports For ' the le.it 13 month she has been buying i American conper at the rate of 236 -J 000.000 pounds a vear. compared with 78.457.806 rrur-ds in 1920 and 1.4.71.300 : pounds In 1919. . Coppe" producers are gradually work- Ing off their surplus refined stocks. I These were r.CO. 000. 000 -pounds at the be-' be-' ginning of 1921. Stocks now stand a: alout 486.OC0.0OO pounds. Most conservative estimates are 'hat the copper Industry will he averaging 60 pfT cent capacity by late summer The steady revival of export buying Is most encouraging to American copper men. for normally 60 per cent of II copper output is shlpred abroad. |