Bisbee daily review., 1908-12-23
American Brass Company Has Used 75, 900, 900 Pounds Of Copper This Year, Demand Increasing.

Large producers and consumers Of copper express satisfaction with trade prospects says the Boston Financial News. The American Brass Co. re ports that this years. consumption of copper by that company will reach 75.GO0,000 pounds. If business con tinues to improve through the first quarter of 1909 at the same rate as has marked the last quarter Of the current year, the company will require leO,OO0.OOo pounds of copper in the next twelye-month.
 Makers of 96 per cent of the na. tional production of sheet. rod and wire brass state that for the current year the aggregate production will be recorded as 150.o00,000 pounds. Their plants are working 60 per cent of pro ductive capacity. When asked for an expression of the views of the copper market, the chairman of the board of directors of the principal association of copper and brass manufacturing corporations working in a community of interest with mines that produce 450, ,O0e.000 pounds of copper per an mum, under current operation. said:
 There is little buying for account of the big consumers in the local cop per market. As general thing the mills that work up two-tairds of the National production of copper buy hearly in the month to cover wants well ahead, so that in late years there are about two to three weeks each month in the domestic copper market when no large sales are recorded tL consumers. ] have just returned from g trip through 26 of the larger cities of North America. l found trade look ing better toward products that will be wanted in the Spring and Summer than had reason to expect wheE starting out rom this city. Our agents in Chicago, St. Louis and nine other important distributing cities have closed within two weeks business to tle amount of sS.OOO,O0O, which is al most 26 per cent more than was en- tered oh our order books in the cor responding period of last year.
 Almost everybody in the copper consuming business seems to be sail ing very close to the wind as to stocks of the metal. Conservative buying has become chronic with cer- tain manufacturers and distributors. At present this city. Boston and PhilG- delphia are about the dullest big cities on the Continent. as to the buy ing of copper and brass goods. The Central West and the Southwest are making the best showing.
 Our associates in working up cop per and brass own between Si5 ,OOO,- 0oG and S20,000.000 in shares in cop per, lead and zinc mines, shelters and electrolytic works. As makers of cop per products and as miners of the metals which we work up we give it as our opinion that the statistical po- sltion of copper is consolidating. The biggest producer of lake copper is ou of the market for several weeks, hay ing sold every ingot it could turn out; that interest is bullish on copper, and expects to get 15 cents for the next contracts. Other lake copper pro ducers are firm at IA 1-2 and 14 3-4 cents. We bought 4,0Oo. 900 pounds { Of electrolytic copper yesters av ar l41-2 cents. Two producers declined our proffer of that price, and will not l sell at less than II 1-2 cents. Prime casting copper for spot wants is scarce. Prices ranges from If to | fl l-2 cents. None of the prices quoted by speculative agencies are ] based upon the possessions of. copper except few tons of stuff worked uP 1 from old junk