Bisbee daily review., 1911-12-08
COPPER OUTLOOK
 IS MOST PROMISING
Prices Are Rising With the Increasing De-
 mand

Under date of December 2 Thomp- SOB. Towle & Company. New York and Boston brokers, sent out the | following letter to their correspon- i dents throughout the country on the copper situation.
 We have recently had one of our London correspondents canvass inc copper metal situation abroad, 1 and the result Of this canvass is well summed up in the opinions of three of the leading London deal CTS in copper metal as follows:
 Number one states Consump- ton is magnificent. has never been so great in the history of the cop per metal and supplies are decreas- | ing, despite the fact that the out put has been increasing every year Germany takes a great deal of the metal and is now the big gest distributor 1 look for higher prices in the future and 1 think they are inevitable. Consumption is expanding al very rapid rate more rapidly than ever before, and even more rapidly than the produc ton of the metal
  duction of copper at the present time will. l believe, have no effect ! in the immediate future Germany lis now flooded with orders, which were withheld during the Morocco crisis. Consumption is enormous there, and is also very great here, and other places abroad. There has never been so much copper used, and the demand has never been so great. and the same time, the pro duction has never been greater than it is at the present time. We look for higher prices and still increas- ing demand
 Number three states: The de mands for metal have been increas- ing very rapidly. both in Germany and England-Germany now taking more copper than any other Euro pean country. The stock of metal at the same time has been decreas- ing Figures and statistics are mis- leading. and 1t is much better not to take them, but there is no doubt that consumption is increasing more rapidly now than at any time in the previous history of copper Since the Moroccan incident, Ger many has been giving out far more orders, and business that was tenn porarily withheld then has now been put in hand and they have re eeived very many more new or. ders.'
 We have shown the above to one who is well informed in re gard to copper metal conditions, both here and abroad and whose opinion we value highly. During a recent trip abroad he made a per sonal yanvass of the situation and his views coincide in every respect with those expressed by the London interests. He states that many American consumers, whose minds have been disturbed by the poiit cal turmoils here have been slow tc raIize the actual conditions in Eur ope. Consumption there has been and is today, far greater than ir any previous year.
 He further says: It may not bt generally known that some of tht l largest consumers of the red meta } in this country have not as ye ? purchased their January require ments. Not a few must still make purchases for their December wants !, There appears to be but one selling agency that is in a position to fil |. the requirements of consumers tha must purchase metal in any con siderable quantity prior to Februar! l, 1912.
 Copper at the present time i 3 in an excellent position. condition being stronger today than at an, time since the panic of 1907