Bisbee daily review., 1908-10-29
BIG COPPER DEMAND
 IN NEAR FUTURE
Broader Use For Metal Around f4 Gents Than With
 Higher Price,
CHayden, Stone & Col

While the demand for copper leaves much to be desired, still viewed fr'm every standpoint, conditions are sharp contrast to those of year ago, when mines were being closed, the surplus working capital was reduced to the low ebb and heavy supplies of the metal necessarily pressed for sale.
 With the exception of wire, con stant improvement is noted for finish ed copper products, and in this con nection significance must be attached to the extensive plans in course of preparation for the identification of steam Tailriads and their terminals i'll leading centers, movement which had attained considerable proportion prior to the recent era of business de- pression.
 The disturbing feature is to be found in part in the new copper that is coming and about to come on tas market from the Ely, Bingham and other districts, which, fir time ar least, promises to hold the E2sr ket in check around 131a to II cents. even though heavy shipments continue abroad
 Exports for the current month prom ise to equal half the American pro- duction for the period, and while a considerable portion of this copper is not entering immediate trade char nels, yet it's purchase in such quanti- ties refle cts a broad confidence 1u an early return of activity, ard it can not be sail that this confidence is not exerting favorable influence in this country.
 The producers Cl Lake copper are without exception well sold up, thr:r position in this respect being better than for wear or more. This fact 's fcrcefulIy illustrated in the position ot the Calumet 6 Hecla iR withdraw ing from the market under If cents Lake copper is today quoted at 1315 to 13A and it can be stated that there is not the slightest disposition among the leading Michigan producers to shade these figures.
 Within the last few days some of the country's largest consumers have be gun to fill their wants and heavy sales at good prices have been re- corded.
 The supplies of raw material in the hands of the copper manufacturers wore probably never lower than at present, in which condition is to be found an offset to the stocks of cop per in the hands of the producer
 It must be borne in mind that a broader use will be found for copper at IA cents than when it was selling at nearly twice this figure, once the wave of commercial and 1 industrial activity is again fully started.
 In this connection it is not amiss to state that in the past 1t has been almost the invariable policy of the producers to strain every effort with a view to securing a maximum output during periods of high prices for the metal Experience has demonstrated the fallacy of such methods, which henceforth will not be in evidence Mines thus operated are placed under a strain, even though their openings may be extensive, from which it takes time and money to recover Placed secondary to the securing if the big gest tonnage, costs of every descrip- ton rise to heights out of all propor- tin, with the result that the increased Cutput brings no returns, and is rath- CT loss of copper. It is safe to say that henceforth the matter of costs will be the oyershadowing feature in the conduct of the copper industry, which is eminently as it should be.