OCR Text |
Show uu COPPER OUTLOOK IS IMPROVING Reports from 'he coppei market in-in in-in tate a rapid elimination of the surplus sur-plus sto( k which caused the close down of many of the large coppei mines of Ihe country early in 1921. Copper is being consumed in do mestic plants at 'he rale if nearly a billion pounds a year, which is a Rain of almost 50 per cent. Exports have increased until Eur ope alone Is taking topper lo the amount ot .'.i.i.iiimmkiu pounds a month. With this improvement in the market mar-ket end. the copper properties should be running at almost capacity within a few months When the elose down came in the spring of 1921, a number of large camps were almost deserted Bingham in Utah became a skeleton I of its former self and the l melter lowns on the southern edge of Great .Salt Iake fell away until they resem bled deserted villages. With the recovery in copper, the ; red metal mining industry should be restored to its former importance, an.l I when i is Utah's industrial condition 1 win be advanced |