The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1912-10-10
INTERESTING FACTS ABOUT. =.
COPPER MARKETS OF WORLD
Where Most Of tho Red Metal Is Used,
ard How II Finds Its Wcy
Through Trode Channels.

in Daily Consular and Trade Reports.
The use of copper for manufacture
ing purposes In the London consular
district constitutes but a small portion
of the total consumption Of the United
Kingdom. The greater part of the
copper is required in the Midlands and
| the north OF England, which contain
such great industrial cities as Birming-
ham, Manchester, Newcastle Sheffield,
and Leeds. Liverpool, by reason Of
| its situation, is the port which receives
most of the copper imported into the
United Kingdom from the United
States. Some American copper Is de-
livered at Swansea but 1t forms very
small proportion of the total imports
Liverpool is the principal port in the
United Kingdom for the importation OF
copper ore and unwrought copper. talk
ing about three fourths of the former
anu Hedlly oHe-Ildil VI Inc ldllSi IL
may be accepted that all of the copper
ore imported into Liverpool is snelted
in this district, but diligent inquiry
fails to obtain exact figures as to the
local consumption of the unWrought
copper. Neither manufacturers nor
brokers will give definite information
or even satisfactory estimates. The
closest figures obtanable are that 70
copper is used in manufacture in this
district, 20 per cent forwarded outside
of the district, principally to Leeds and
Birmingham and about 10 per cent re-
re-export varies and was found to be
one third less in 1909 than in 1910, al
though the imports in 1909 We're about
double those of 1910.
Two of the manufacturers in the
Liverpool district principally produce
sheets, bars. and heavy plates for
working into shape by coppersmiths,
and known to the trade as copper bot
lolllS. loll lIlIllS iittii Is Liz ~NAASl VI
manufacture of copper; for kettles
pans, etc, and is the largest purchaser.
Copper plates arealSo purchased by
Egypt and India for use in the manu-
manufacturer produces copper tele-
graph and telephone wire. There are
no copper shelters in Liverpool itself
but this district is probably the great
Swansea, which previously led. being
now second. Near Liverpool there are
seven firms operating nine smelling
works, and four have offices in this
city.
The sale Of copper ore is principally
through brokers' on commission, and
not on the market. In the case of the
TN wrought copper, which Is ware
purchase it on the London Copper ey-
change, and the product Of the smelt-
ers is purchased either in this way or
through agents, and through dealers
later This copper Is sold on what is
known as standard copper terms
which include various grades, the basis
being 81 per cent pure copper If upon
delivery the percentage should be be-
low 81 per cent and not less than 90
per cent the purchaser is entitled to
deduction accordingly, but if below SO
per cent and not less than 90 per cent
a double deduction is allowed If I'M
der 90 per cent, the copper can be re-
fused. On the other hand if over 81
per cent excess must be paid.
Birmingham, by the variety of its
industries, probably uses more copper
for manufacturing purposes than any
other city in the United Kingdom
There is a large and increasing con
of copper. however, in Lon
don owing to the Identification of rail- |
ways. OF the total imports of I'M
wrought copper into the United King
dom in the la tsthree or four years, !
only about third was imported into |
London, but most of the exports We're
shipped from this district. The smelt-
ing and refining of copper and the
making Of articles of brass and copper
have been important industries of
for many years Not 81
very long ago nearly all of the copper
or brass articles within the United
Kingdom We're Of Birmingham origin +
and this district properly claimed su-
premacy in the metal trades but cop
per manufacture of various kinds has
developed in other British cities, so |
that while Birmingham is still first, its
is by no means so unchal-
lenged.
Several firms engaged in refining
copper in Birmingham and vicinity are
referred to as smelers but
as a matter of fact the copper that
to them for refining has already |
been slnelted and contains only traces |
Of few other metals, In the past |
when it was customary for ,the copper !
ore to be brought to England, refining |
proper or smelling was really ali i'm
portant industry in Birmingham; but /
with the development of smelling and |
in the United States and in /
other copper producing countries. and /
because of heavy freight charges for
crude ore from the seacoast !
r. L1irp, in oha m IL heconae ifnnocciblo