Bisbee daily review., 1907-05-08
COPPER TRADE NOT AT ALL
 WEAK
DulIness Only kn Incident. Deliveries Being Made and Accepted Regularly Under Legitimate Influences.

While the past month has wit. messed period of market inaction in domestic circles, nevertheless, the coDsumers are taking their deliveries with regularity indicative of a healthy state of trade at the various industrial plants where the melting down operations are carried on. and continuance of busy conditions at the large mills of the country is con fidently anticipated The electrical and other copper using companies had highly prosperous year in 1906, and another year of great activity is looked forward to by these industries. The electrical developments which are yet to take place will eventually prove one of the strongest factors in stimulating the copper market, and everyone interested in copper should prepare for the powerful demand which is most surely Ioming up.
 The market quietness of the past month should not disturb anyone. Ii is only an incident in the march of events. The few apparently anxious sellers who have given such wide publicity to their desire to find GUS toners for limited offerings at prices under the regular market have an object in view. but consumers know full well that these cheap sellers are utterly unable to supply anything like the large total requirements of the trade. 4 bona fide seller does not usu2ily resort to tactics that will in jure his own market by crying down the wares and depreciating the goods he offers. There is a motive back of il whenever he does SO If the de mand falls off during the next six months the market will record the fact, and the price will undoubtedly be adjusted to whatever conditions may develop. But with scores of mil lions of pounds of copper yet to be de- lEered during the next three months there is not much danger of non speculative sellers precipitating de- moralizatioa among manufacturers by making a vild rush for new orders be ] fore deliveries due customers are nearly npleted. Copper nowadays is produced to be sold and not to oe accumulated. The magnitude of de- mand will regulate the market. IT business sI pws down the last half ot 1907, the ni1rket for copper will have to recognize and reflect the fact. A tremendous consumption has given strength ard buoyancy to the market hitherto, snd the future course of prices will depend upon the relation of demand to supply. There is req son to expect ultimate expansion of consumption. If halt should occur at any time it will only be temporary. The identification of railroads and sTfis introduction of electricity as mo tive powhr are to supercede old meth ods. The trend of the age points to a wider use of copper than ever be- fore, and there is ample ground to eG- pect it. At the moment the market is waiting one, and its future course will be conditional upon the nature of developments before, and there is ample ground to expect it. At the moment the market is a waiting one, and its future course viii be condi- tiOHaI upon the nature Of develop ments between now and the next gen. eral buying movement. According to statistics of the worlds copper production compiled by Merton & CO., the output for 1906 was I'll ,675 tons, in 1905, an inc sase of about 4.33 per cgnt-D. B. Houston 6 CO.'S Monthly Circular.