The White Pine news. [volume] (Ely, Nev.) 1906-1910, 1907-07-24
COPPER PRODUCTION
AS ESTIMATED FOR 1906

A statement published in the Lon
don Financial Times gives the es-
tjmated production of copper OF the
world in 1906 at 730, 00Otons, as
against 100000 tons in 1905 lpre-
sumably long tons of 2,240 pounds
each). The Times gives the follow
ing particulars:
The output of the United States in
creased from 391, 400 tons to 49,
600 tons, and there was exported
211,12O tons, as against 247,1OO
tons in 1905.
american official figures, how
ever, show that the exports of copper
in 1905 were 23S,798 long tons, and
in 1906, 2O3,O14 long tons, de-
crease in exports of 35,7S4 tons.
The total imports into Europe In
creased 10000 tons, of which no less
than 12,7O0 tons came from Japan.
Australia sent 800 tons and Next
CO 1000 tons more than the pre-
vious year. On the other hand, con-
signments from Chile decreased 81
800 tons; from Peru, 2,1O0 tons, and
from Cape Colony, 1000 tons.
The principal countries consum-
ing copper we're: United States, 3OO,-
8 90 tons, as against 273,792 tons in
1905; United Kingdom, O,451
tons, as against 60,491 tons; Ger
many 165,1O7 tons, as against 1885,
875 tons, and France 56,328 tons, as
against 48,619 tons.
The requirements Of England were
so heavy during 1906 that there was
material falling off in trans-ship-
ment business, exports having de-
clined 1900 tons. Germany In
creased her exports over 1000 tons.
Throughout the year the average of
stocks in England and France was
$500 tons, as against 10000 tons in
1905, and the average total visible
supply was II, 800 tons, as compared
with 16,40O tons. The record of ev-
erage deliveries was 1900 tons, as
against 1900 tons. The average
price of standard was $425.42 per
ton, as compared with $338.67 in
1905, and the average price of in
COTS was $449.12.-Consular Report.
The statistical number of the Chi
cago Mining World of January 26,
1907, contains the following notes
on copper and coming from such a
Trustworthy and reliable source, are
worthy of more than passing atten-
ton.
."Copper-This industry has shown
extraordinary development as re-
suit of the greatly increased con-
sumption in the electrical, brass and
kindred manufacturing industries,
not alone in the United States, but
in Europe as well. The year 1906
takes the lead; it's consumption has
he
advance in market prices to the high
est point in more than quarter OF
a century has initiated an unprece-
denied heavy production and the
payment of enormous dividends by
copper mines. The probability is
that the demand for copper for some
time to come will exceed the supply,
and the fact that producers gener-
ally are we'll -sold ahead suggests
that high prices will continue indie
finitely.
1.-The worlds production of copper
in 1906 was approximately 717,325
long tons, as against 7O2,792 tons In
1905, the previous high record. In
los years from 1901 to 1906 the
world produced 12,388,666 long tons
of copper, which was largely contrib
uted by the United States, Spain,
Portugal and Chile. Most of this
copper was refined eleetrolytically.
The production in the United
States in 1905 was 420, 405 long tons
equivalent to $50 per cent of the
worlds supply; this compares with
402,637 tons, or 57.3 per cent in
1905. In the 81 years from 1845 to
1906, the United States produced g.
O57,335 tons, which constituted 44.5
per cent of the total quantity of the
world during this period.