The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1914-10-03
Cooper Is Chief Sufferer

That the copper industry of the United States will be one of the
chief sufferers among the metal industries is fully appreciated at this
early date, says Mining and Engineering World. During the last five
years, according to George Otis Smith, director of the United States
geological survey, approximately 50 per cent Of the copper turned out
by American re6neries has been exported almost entirely to the coun-
tries now involved in the European war. Some of this copper has been
imported for metalurgical treatment, and the imports will probably be
somewhat restricted on account of shipping conditions.
During these five years, however, domestic consumers have taken
only about 90 to 81 per cent of the copper produced from mines within
the United States, SO it is evident that there must be a material curtail-
ment of production while present conditions prevail. Considerable
copper is Of course consumed in munitions of war and for other mill
tary purposes, but the constructive arts of peace are decidedly more
favorable for the copper industry than the destructive art of war.
American producers have already curtaled their production, and
it seems almost certain that the output must be materially restricted
for n indefinite period, the length of which will depend largely on the
European conditions.
Out of the total exports in 1913, valued at $I43Oooooo, over
|S1a 6oooooo represented metal in pigs, ingots and bars, and nearly all
the remainder was exported in plates, sheets, rods and wire. All these
exports went to European countries with the exception OF about 81
100000 worth, which was sent mainly to Canada. Both the imports
and the exports of articles manufactured of copper and brass were COM
paratively small. The exports OF articles made from brass amounted
to only about 100000, an almost negligible quantity compared with
the domestic consumption. The value of the European exports of ar
ices manufactured from copper and brass was undoubtedly many
times that of the exports from the United States. A very small per-
centage OF the European exports came to the United States, 81 that the
war will have little effect on domestic trad.
The opportunity Tor the American manufacturer lies III entering
the foreign markets that were largely supplied by European exports OF
manufactured goods. The capacity of the domestic manufacturing
plants has not been strained to meet consumption and the plants have
not been operated to full capacity, SO that as Tar IS manufacturing
facilities are concerned they are able to supply a large part OF any de-
mand from South America, Africa, China, Australia and other coun-
tries. With lack of competition from Europe and low prices for crude
material the export trade should be profitable to the manufacturers and
result in the consumption Of nearly all the domestic production OF cop
per.
Secretary of the Treasury McAdoo has ordered 100000 OF gov
eminent funds withdrawn from certain agricultural centers to which
the money had been sent to aid in moving crops. This follows a warn
ing issued to the banks several days ago
Bill Sulzer has been sued for $4,000 by still another woman who
at one time oficiated as his affinity, according to her own story. Bill
was sure some love pirate.
No European war censor need ever apply for a job on a hWe news
paper after this mIxup is over. They don't know what e news is.
Notwithstanding the fact that Germany has a strong right IN
France, there are indications that a retreat has been ordered.
California republicans, under Fredercks, are practcing a turning