Arizona republican., 1910-10-13
DEMAND FOR
 RED METAL Will Force Price of Cop
 per Upward 50 SAYS ). [. LACKING
General Manager of Ray Cons. Visiting Phoenix Concentrator at Hayden to Start Feb. 15, Shelter June l.

Copper is bound to rise in price if the present rate of export and home consumption continues" de- clared D. c. Jackling, vice president and general manager of the Ray Con- solidated Copper company. who was in Phoenix yesterday, after four days at Ray, Kelvin and Hayden. He was travelling in his private car, the Cyprus" and was accompanied by several of Utah's leading financiers
 MT. Jackling does not agree with James Douglas, president of the Phelps-Dodge corporation, who passed through this city last week, and in an interview with The Republican stated that he saw no reason to expect the red metal to rise in value in the near future. The Ray Consolidated man. ager had facts and figures at his tongues end to explain his prediction of an early increase in copper prices
 According to the best statistics that l am able to obtain, the exports and imports of copper for last month totaled 135,000,00O pounds" he said. The exports were 71,O0O,000 pounds, while we used 64,OOO,OOO pounds in this country This is about 16 2-3 per cent more than was produced In other words, we can use and export in ten months as much copper as we are producing in a year
 This, to my mind, is ample ground for a prediction of an early rise in the price of copper. We cannot con- finna hop we produce without increasing the selling price. Demand is certain to force the price upward"
 Mir Jackling stated that he found everything in satisfactory shape at Ray and Hayden. The Ray Consoli- dated continues to employ about HOO men. Development work is being al- lowed to slack up a little, since 7S,- 000,000 tons of ore are blocked out This will keep the concentrator now being built at Hayden busy for twen- ty-five years.
 Construction work upon the con- centrator is being pushed rapidly, and the plant will be in operation about the middle of February Its daily ca pacity will be 5000 tons of ore. The smelter that Is being built will be large enough to take care of the con centrates. It will be in operation about June l.
 With MT. Jackling were J. c. Gem mell, assistant general manager of the Utah and Chino Copper compa- nies; w. s. Mccormick, the oldest banker of Utah, and head of the largest bank of Salt Lake City; w. P. Dunham, president of the Arizona Hercules Mining company and of the Ray Development company.
 MT. Mccormick had never before been to Ray, and was profoundly im- pressed by the enormous deposits of copper ore which he saw.
 Tt opened my eyes to the riches of | this territory" he said last night Though I was already somewhat ac- quainted with the resources of Ari- l amount of copper ore that is at Ray until he has gone over the ground and seen what I have seen."
 MT. Durham practically owns the | town of Ray. The development com
 pany, of which he is president, owns | the townsite and for the last year has been building houses at the rate | of twenty a month. Nearly all the inhabitants of the place are now ac- commodated in these houses. On his next trip to Phoenix and Ray. which will be taken early in November, MT
 Jackling will be accompanied by | Charles Hayden of Hayden, Stone X l Co, President c. NJ. McNeill of the l Chino Copper company and President
 Sherwood Aldrich of the Ray Con- solidated.
 Yesterday afternoon J. c. Adams
 and L. H. Chalmers took MT. Jack
 ling and his guests on an automobile
 tour of the valley. Among the points
 of interest visited was the ostrich farm west of Phoenix.