Bisbee daily review., 1910-10-16
y* MINING, MARKETS, FINANCIAL es
.OvERPROOUCT|ON IS
 HARDLY POSSIBLE
Denver Mining Record.)

| Denver Mining Record.) | Copper has become a metal of so great importance in the world and is adaptable to so many diversified uses that oyer-production, in the real sense of the term, is well nigh impossible. It is probable that the casual ob- server would, in a view of existing conditions, hasten to take exception to this statement, but little con sideration of the matter will prove f to be founded upon a most reason able and logical basis.
 | When it is remembered that cop per is a factor of great consequence fin modern building enterprise. which has reached the most wonderful stage characterizing it in the history Of ' the world, being practically indis- pensible in structural work, neces- sary in modern methods of illumina- ton, sanitation and telephony, and forming an essentian in the building of steam and electrical railways; that | 1t is of vast import to art and Is greatly sought for purposes of orna- mentation; that 1t is a common household material, affording the | kitchen, the parlor and the bedroom numerous conveniences, and that it's uses are countless and increasing, we can well afford to hazard such an opinion.
 Statistics afford us well-defined idea of what the known copper areas of the world are capable of produc ling. The mines of Montana, Michigan Arizona and Utah have given us al idea of what is ts be expected in copper mine development. We know l that such mines are permanent, that their content goes to wonderful depth and that they may be expected to produce for years. In Nevada. we hardly know what to expect. When copper ore is mined by means of steam shovels and blister copper is sent out by the train load, we are liable to conclude that copper will be produced in such quantities that in spite of all the purposes it serves, de mand will ultimately decrease.
 We are more than ever strengthen ] ed in this conclusion when we note ! the low price governing the metal to | day and the evident intention of cop per producers to decrease the out put, but we must take into consiG ] cration that just now in this and other countries there is a business depression which has retarded con struction enterprises, delayed plans for new undertakings and checked industrial progress in general We know. however. that these conditions cannot always obtain. They have been incidents of past history, and they have always been temporary therefore. whatever position copper may occupy in the world at the pres ent time, and whatever may be the
 conditions of demand and supply copper Is bearing a portion of the
 burden that has settled upon all in
 dustrial enterprise
 Industrial progress depends to
 great extent upon copper, and that metal, as the various industries ad vance, will likewise enjoy correspond
 ing prosperity. Prospecting for ana
 development of copper deposits ha: taken place over a wide range O.
 territory for the last fifteen or twentI years and the production of coppeI
 has been in excess of the needs unu
 within recent years, when It ha! come into more general use by reasor , of the rapid development of giganti'
 construction enterprises. Now, it i not unreasonable to predict that thes'
 enterprises will advance with greate aIacrity than ever and that the con
 seuuent consumption of copper wi! , be in excess of all that newly-discoE cred deposits may promise to pro , duce.
 5 It is predicted that not only wi
 the present copper supply be dinir
 ished, but that future production
 will be taken up in a manner ths g will, within another decade, despit s the various prolific sources at pre- + ent developed, result in a eoppe ' scarcity that will cause the price s advance to a figure such as chars' n terized it two or three years ago, an 2 hat periods of depression in ID r copper trade will gradually d!sappea c This is, it is true, an optimistic vie n probably a bold view-but it Is nc | ldvanced merely as means of ei l. rouragement, but wholly upon logic' d grounds and is supported by som T. cf the best copper authorities in th
 country.
 a tive mine on the west side of tf y mountains.