Bisbee daily review., 1910-02-18
BIG DECREASE
IN SURPLUS IS
OFFICIAL FACT
Figures Revealed by the Cop
Per Producers Report for
January Called Most Extra
ordinary Ever Issued.

BOSTON. Feb. 1.-THE statement
of the Copper Producers Association
today covering the movement 81 the
metsi i. and out of domestic rehneries
for tse month of January is the most
extraordinary yet issued by that or
gasszaiioa. It is notable for the fol
lowing reasons
Ia-A record breaking decrease OF
4s SOC. Gee pounds in the American
surplss-
ID Unprecedented totals covering
bo n Of the shipments abroad and the
deliveries To domestic consumers. Ex-
Dorts at 81 SOC. 600 pounds are larger
nv almost 5000. 00e than any month
before or since the Producers Assoeia-
,ion came into existence. while the do
mest5c deliveries at 7S.0O0.0oO POUNDS
are almost 5000, GOO pounds above the
previous high total made in July last
36Tbe surplus In this country Is acs-
uaiIy $4,000, 900 pounds less than on
Jan. 4. 1903.
sth-Taking due account OF the s.
500. 600 pound increase in foreign Wis
ibe supply during January. the worlds
surplus shows a net reducio for that
month OF 80 500 900 pounds.
5th-Ths failure of the January pro-
duoion to show the heavy reduction
from previous months which had been
anticipated
Today's statement showing the ex
traordinary reduction in American
STOCKS Is a natural reflection of the
large November and December sales
in this country amounting to 3oo.OOo,
600 rsands and which were made q
consumers covering advanced copper
combination among the producers
OF course. it is too much to expec'
the os,ptixunce OF extraordinary ship
ments to American manufacturers as
wen as 20 foreign shores as were
made lzss. month These totals great
" exceed any previous shipments
heretofore made and represent so far
IA the domestic consumers are con
ceraeS some stocking up for con
sumption during the first three or four
months of this year. l. is quite prob
able that the January total Of almost
1850 $3.50, ess lbs. delivered TO home
manufacturers and exported to foreign
shores win sand as q record for many
months 90 come.
All the big copper people expected
that there would be big reduction in
today's American surplus. but they
had a heavy shrinkage in the Jan
uary refinery output by reason Of the
November and December curtailmeni
among the western mines. but, strange
to say. TIE January production was
only about 100000 pounds less than
that for December.
For q month or two. at least, the
statements OF the Copper Producers
association will be favorably affected
by a smaller produc ion than has re
Gently prevailed. This curtailmeni
has been in large degree forced b.
reason of extreme weather conditions
in the west, but there is also a dispO
siuon ga the part of many Of the large
prodscers 90 ease up in their anxletl
pxsk their plants to the limit They
ave come TO a full recognition OF the
act that there can be no substantial
retirement in copper conditions unless
one and all contribute toward som'
restriction in the amount of cope
now oemiHg out of the ground
A year ago the January production
amounted 90 112,135.20 pounds. an
deliveries we're 90.3e2 .421, making IN
surplus for that month 21.772.77
ounds. Today's deficit" Of 43.302.77
January a year ago. last month repre-
ents an improvement of no less tina
65y0f5. 5s1 pounds.