Bisbee daily review., 1910-11-20
CURTAILMEnT
 SLOWAMDsURE SAYS WALKER
Ali Things Point io This Month
 as Certain to Show Pro- j. nounced Decrease-Calu-
 met X Arizona
(By Geo. L. walkcr-)

Is to 1Sts cents. dDn etcCksu, he is 127-S to IS cents pound Sales are being niade for January delivery. and a little February copper has been sold Foreign consumers and specuiators continue to buy freely. Notwithstanding statistics indicate the existence Of very large sur pus of unsold copper. c.nsumers who wish to buy lots of 1Ioeo.9e6 pounds or more for immediate deaisery fad it with difficulty.
 The report of the Copper Pro duccrs' association for October showed decrease G s.Sx1 300 pounds in the American visibse sup ply whi, oh. together with the shrink age of l..lo7 .3so pounds ia the for eign visible supPc. Rarked . total reduction iu the vsriks xtocks oi 2i93s.160 pounds for the noath- Since July the uorids copper sur plus has shrunk about G2.ooo 800 pounds, or over ls.ooe. co puunds monthly.
 The October fncrease of s14s,3sl pounds in American Yrodoetf0a and imports has not heeH explained by any information l have - far been able to gather. Of c0urse t was a 31 day month. comraxiaE vifh oniy 90 days in September: but Ii had been anticipated tlsat the egrtai,. ment lof American products0n, which began in July. wouiA shou itself decidedly in the Octcaer output hs- ures. Having failed to Ao 90. how. ever. it. is now practically sure to impress itself strongly on the No vember statement, which will ap pear early in Decenber- IL would not seem possible. in view of the curtailment of production al home and the decreased imports of metal and ores, that the November output could exceed e.oeo. 900 pounds.
 A study of the Producers' figures, togetiher with those of the steadily decreasing foreign visible supply, makes it very plain that consumption Is proceeding at an unprecedented pace. October exports amounted to es,iS6.9i2 pounds. domestic deliver ies were 67.S14.172 pounds and total deliveries 13s00i.e .e8l pounds. each being the third largest of any nt,nth this year. Domestic deliveries so tar this year have averaged htfie over 64. 300 900 pounds monthly. oompar' ing with an average of 5s.s5z. .4SG pounds in 1909.
 Adyices rom all over the word tell of increasing consumption of copper in brass bronze and compost ton manufacturers. in building ard electrical construction Hydroelec tric prower development IS going on everywhere. The Eoser so produced is not only more desirable in many ways, but so much cheaper thar any other that it finds a ready sale at Sprices which yield a good profit on the first investment Suca equipment calls for a large amount of copper, even when the source Of tower sup ply is near it's market
 Contractors who do rpofing and other work calling for copper in quantity point out that advancing prices for the metal have tendency in Ione way to discourage consump- ton. For illustration: a builder wishes to let a contract for z.O00 square feet of roofing. He specifics 1e ounce sheets-one pound to the square foot-and with sheets selling at IT to IS cents, as at pres ent, bids will range from B to 40 cents per square foot. or about dou- be the cost of the material to be used. Unless the contractors are reasonably sure that there IS un- likely to be an advance in the price Of dopper they will insist that the builder agree to make good any change in quotations prior to the date when the contract is accepted. Ish.s usually results in disagreement, which ofter leads to the adoption of other kinds of roofing material.
 This calls to mind the fact that the existence Of a surplus supply or copper in a way encouraSes an in crease in production. as sellers car rying large stocks can well afford to tive a contractor n option cover ing the period during which his bid is likely to beheid under cunsidef1- ton. Again, if there were . copper trust which would bold the price arbitrarily at IA or IS cents. this stability, doinging away with the fluctuation-in-costpf material clause in contracts for roofing. etc. would tend to encourage copper eonsump- ton. An advance of two cents a pound in the price 6f copper adds only about E or ( per cent % she cost of covering . r0of. difference which should hardly be su@cient to cause other materials to be adopted