Bisbee daily review., 1913-04-08
METALS LOOK
 BEST EVER
Col. l.. W. Powell on Visit to District Finds Much to Be Very Optimistic About
 = Everything to Be Mined
DEVELOPING MONTANA

Colonel L. W. Powell, formerly gen erai manager with C. and 4. interests, | accompanied by Mrs. Powell arrived I in the city Sunday for a several days 1 visit They came from Les Angeles, | where Col Powell recently returned | from a three months visit 10 New | ork and Boston, relative C business | matters.
 The sentiment found there in | high places in the copper mining ant marketing centers,' said Col. Powell | in the course of an interview yester l day. confirmed the high optimism | have always felt with regard to the i
 ultimate copper outcome. It was well put by one of the foremost figlres
 .n the Industry when he told me In { response to a query about the coppes outlook that; the time is not far dis tant when 20 cent copper will be as familiar to you as F cent copper has, been, meaning that 20 cen, copper isl
 coming to stay.
 T have held for some years thatI
 optimism as to copper Is justified in
 nigh degree, and there seems to me
 10 be constantly increasing reason
 for this view. Consumption of the
 metal is steadily increasing and new
 uses multiplying. Tine railroads of this
 country and of Europe are certain oi
 making enormous new requirements
 tH the course of the next several
 years. But for the Balkan war and
 tIe attendant hoarding end tighten
 ing Of money in Europe, we would now
 le iD the midst of an enormously in-
 creased European demand As it is
 Europe IS consuming a great deal
 more copper than year ago. The
 neavy exports to European markets
 of the present year are going into
 immediate use. There is little or no
 storage underway. Here n this coun-
 try the railroads are making as rapid
 progress as possible toward big cleo trlAeation departures, particularly ai sefDinal points. which wIll mean q
 vast increase in copper demand, cer-
 tain of extending over many years slirst installation demands will not be over before maintenance requirements will have become anothe; source O. copper outlet. With increase in de.
 roand for copper. increase in demand
 for other metals goes to large extenI ha1d in hand. ! believe the outlook for all mine products to be excep. , tions.iy bright. All are i.. line for advance
 Concerning the Warren Mining dIs trict, it's future can only be consid- cred as of the brightest. The great increase in copper demand is goin,, . to make for the mining of every pound of copper ore that the district can find: High grade and low grade alike l will be mined to the limit of possible production Concentrations and the de- yelopment and treatment of ali ore bodies of the district will come about in due time.
 Study of the copper resources of the world brings conviction to ma of the correctness of these views We have developed no great new fields in recent years. We have some new producers, but they are not il new areas Engineers have searched the world over for new deposits, and with few exceptions such as rep | resented by Braden, which happens to also be the most prominent, have failed The Alaskan copper excitement Of few years ago has failed to make good. Only in the extreme far north Of Siberia and Alaska are there any ] large copper ore body possibilities worth considering as equal to import. ant participation in the metal market And these deposits present almost in surmcuntable obstacles ts operation with profit because of the extreme weather conditions and the difficult ties of transportation
 Col Powell said that he had looked about the district in a manner since his arrival. but had not yet had the opportunity to go into close inspec ton. From the general appearance oi things, however, he felt satisfied that the situation here is of the very bes' ; in every way and that it warrants