The Salt Lake herald-Republican. [volume] (Salt Lake City, Utah) 1909-1918, 1910-05-08
UTAH COPPER WILL
PUSH BET1ERMENT
No Halt in RemodeIing Mills for
Larger Output, Says
Manager.
MORE COPPER is NEEDED
NORMAL GROWTH WILL TAKE
CARE OF SURPLUS.
MORE COPPER is NEEDED

| III cllLcT the general Silud-
ton or the metal market situation that
| is likely to delay for a moment the
preparations of the Utah Copper COM
pany to largely increase it's output of
copper is discerned by D. c. Jackiing,
general manager of that company. who
arrived home yesterday after an ex-
tended visit IN the east And the de-
cision in regard to Utah Copper ap-
plies with equal force TO Ray Consol-
idated, which is about to absorb the
ella Copper company, and to Chino
Copper, both of which are building
mills for the reduction of their enor-
nous bodies Of disseminated copper
ores.
The work of remodeling the Utah
Copper companyS Magma and Arthur
mills-formerly known as the Garfield
and Boston Consolidated mills-will be
carried forward, Mr.. lacking said, just
as rapidly as machinery and supplies
can be assembled. The improvements,
as heretofore described, comprise in the
main new crushing machinery which
permit of about doubling the former ca
pacity of the plants without adding ma
terially to the size of the buildings
which contain them
An interesting feature of the I'M
provements to be made in the Arthur
mill is that the fine crushing depart
ment is to be made as nearly as posi-
BILE like the Magma mill, II being FOUND
cheaper to remodel the mill than IL
would be to extend the buildings that
the present equipment might be du-
plicated.
Porphyries Not New.
while the copper situation at the
present moment cannot be said to be
encouraging" said Mr.. JacklinS, there
is no reason to be apprehenSiye OF the
future. Much has been said lately
about the flood of copper which the
pOrphyry producers are to turn loose
upon the country, the fears thus
aroused being generally based upon the
assumption that there is virtually no
limit to the possibilities or such pro-
duction. In that connection it should
be remembered that not new por-
phyry' has been discovered within the
last generation, and, with the excep-
ton of Inspiration, development OF no
new one has been begun within the last
three years The disseminated copper
deposits of Bingham, of Ely, of Globe,
of Ray and of Chino have been known
for many years to exist. Solving the
problem of successfully treating them
is, of course, relatively new, ana, since
il has been demonstrated mat they can
be commercialized, this and other couh-
tries have been secured for similar de-
posits, without success.
''The accumulation of copper STOCKS
at this time is by no means overwhelm-
ing: it is not nearly so large as 1t has
been at other periods in the history
of the industry, where prices were not
seriously affected The accumulation
now is due to the cessation OF con-
sumption the year following the 1907
has kept pace with production. And 1t
is a fact that, taking no account OF
possible reduction of output by OLD
Understanding that they viii con-
they have produced it the last few
years-the addition to the stocks which
will be made during the next ten years
by the porphyFy mines Will not more
than meet the normal increase OF con-
sumption.
VIII Soon Absorb Surplus.
at is thus that we have no appre-
hensfon of the future of the copper in
dustry. The march of progress, neither
of this country nor of the world at
large, is to stop. There may be occa-
sionaI halts, but for the period of ten
years at least normal progress will be
maintained The new copper to DE made
by the porphyries will be noticed not
to exceed two or three years; it will
have no more lasting effect on the in
dustry at large than would two or
three excessive grain crops have upon
the farming industry.
THE feeling in the east upon the
general situation is one of uncertainty
rather than one of alarm. No one APP
prehends a critical situation, and many
believe that the bottom of the momen-
| fary depression has been reached. The
feeling of unrest in regard to political
matters is a factor, as is the diversion
Def large sums of money to the exploit
bfng of new industries. notably irriga-
/ ton and oil. But SO long as capital
| is reasonably busy there is no cause
| for alarm. Industrial conditions are
/ good, generally; railroad traffic is at
/ least normal With crops of average
/ size there should be quick recoveries in
all lines"
Utah Copper during April, Mr. jack
/ ling announced, about duplicated its
! record production of March, which was
slightly in excess of 100000 pounds
| of copper, made at cost of little
! less than eight cents a pound. While
| he was in the east he ordered consid-
cradle of the equipment for the new
/ mill of the Chino Copper company,
grading for which is in progress. Erect
| ing of steel for the Ray Consolidated