Bisbee daily review., 1910-07-31
CURTAILMENT
NOW A REALITY
IN THE MINES
Recovery of the Copper Mar
ket Within the Next Few
Weeks Is Regarded as Ger.
tainty by Experts
Frank j. Graf. Member Duluth
Stock ExchangeD

Stock Exchange.l
The one great obstacle which has
served TO interfere with the long
talked-of combination of copper pro-
ducers has been the wide spread
doubt as TO just how such a move
would be looked upon by the Wash.
ington authorities. Il is largely due
TO doubts OF a somewhat similar
character that the attempt TO ar
range and carry out what has been
referred to as a "gentleman's agree
ment' has not been pushed nearer to
a successful conclusion. When the
subject of a general curtailment has
been preached to some producers
they have shown somewhat discour-
aging tendency to dismiss the pro-
posal with but little thought. and
10 speak of the practical degree OF
success. Such a stand may have
been all very well in the DAYS when
the depression in the copper trade
was a comparatively recent thing.
and when, with the memory of the
preceding boom days. the mining
men could afford to disregard the
possibilities of present disaster I'm
"reminiscences of prosperous times
gone by and in authorizations of
equally prosperous times TO come
VI course, no one believes for a
moment that ii wonld be a simple
matter. even in the face OF general.
~ depressing trade conditions IN
arrange a widespread curtaiIment of
production. with producers burvinp
tneir minor differences and acting
IN harmony in this particular re-. I
spect; but it is by no means an i'm.
possibility. The truth of the mat.
ter as the situation now stands 1
however is that copper producers
nave already been brought n he.
heve that curtailment is Al least
desirable, if not absolutely nacas
sary' and the one thing of v.bics
'ney need 10 be convinced is the
possibility Of welding the PRODUCING
eha OF the trade nto an apraer,a,'
" nlch VIII hold water from legal
point Of view, and still be bripg;na
on the trade. 7'"S
from Humor to Reality.
instead OF diminishing in force
oi IN number the reports of an IN,
peHuihg agreement have this weeL, 4
attracted greater attention than ey
er' and indeed are becoming dam /
more and more definite in cbar.c /
YER Men in the copper trade Who's.
interests are closly allied win tba
piooucers, are now practically I
hitting that definite stems a.
ABOUT 10 be taken to bring about .
ieuucuon in output from the ,ras
ent nigh record pace. OF course ~
aOSehce IN Europe of influential ~
VINO because of their Close connea
'ion with the trade would of naces
9i'y nave a great deal to saw con
Serhing any such policy. wouId -
vent any immediate agreenen. -
"e reached; but these men ircI,5
ns John d. Ryan. president 30 -
p % 8 a. mated Copper Co, q n
oushton' manager of the Trni,ad
METALS Selling Co; Daniel Cn.aor
-ein' president of the Ama.iaa-
. and Refining Co. and ~
p thompson. viii soon be back r.
MS country, ready to take -
= renewing a situation which as
, -, euiy Is nearing a point wbe-a
, eiel OF one form or another j.
,ra ,spalches have been received
LEU o,u saying that the Rio Tint
Upper I. mines. the largest produc ,,
II Luiope' would curtail producfirn
+.,,in american mines began cnr
-sl'ine; These reports lend color -
5aIa "eiiei mat conferences have bae9
- - abroad by those who are ,bero
wou1d 80 curtaiiment movement
tha e gam added Importance from
oonr,r az mat II would not only he \
wee but worldwide as well