The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1914-11-12
EUROPE IN NEED
OF METALLIC COPPER
GERMANY ESPECIALLY is TRY
ING HARD TO GET MINER
AL SAYS DISPATCH.

There is no news from the east and
from abroad more vital to the resi-
dents of Butte than news of the cop
per market A letter to the News
Bureau from London says;
1.-The copper market is practically
unchanged. There has been a quite
respectable amount of buying done,
but practically the whole of 1t was in
connection with ammunition trade
needs, which are at present and which
promise to continue enormous. All
the cartridge people are at 1t night and
day, and it is beyond question that the
consumption by our troops is enorm-
Gus. So far, however, we have man
aged to keep pace with all calls made
upon US and there is no doubt that we
shall strive to provide an ample re-
serve for all possible contingencies.
Germany is trying hard to get cop
per from all parts of the world, but 1t
is an increasingly difficult matter for
her to supply her needs, The possible
ity of drawing upon Holland has dis
appeared, and Denmark has now for
hidden exports of copper so that this
hole Is blocked. Sweden is moving In
to line and the copper going to Italy
is carefully watched. This week there
have been large inquiries from SWitz-
erland, but people here are not to be
caught with this sort of chaff. We
mean to leave no stone unturned to
stop Germany getting copper, and your
producers may as we'll make up their
minds to this now as later on. An
acceptance of the facts including a
recognition of the determination OF
Europe to stop Germany's game at all
costs would save a world of friction.
"The general metal trade position
here is not nice, but there have beer
one or two happenings this week, I'M
pleasant In themselves, which have yei
helped to clear up the situation a lit.
tie, and the tone Is now more cheer
full. There has been serious wreckagt
about, but it Is reasonable to believe
that things are now past the worst.
SEEING Copper Ships.
Regarding the seizure of cope
shipments on the high seas the sam
paper. says:
"a serious predicament confront
the copper producers of the Unite
States. AS sequel to the intercep
ton off Gibraltar by British war YES
sells of neutral boats carrying cope
and other commodities in their cal
goes for neutral ports and the subst
quent protest to the state departmel
at Washington by four selling ager
: cies, there has developed the refus
of steamship companies to carry col
per to Italy so long as there exists II
possibility of detention on the hig
seas.
"Thus there has been put strong
5 up to the producers of this COUNT
the possibility of losing in the ne;
future large part of the foreign ma
{ ket left for their output following Il
elimination of Austria and German
as takers of the metal. England hi
been taking larger amounts than usl
al Of American copper, but produce
do not have the unanimous opinit
t that England can continue to tai
large quantities.
when the American producers d.
| cided to curtail production so per ce
d they had in mind the fact that som
what more than one-half of the coul
trys copper went abroad. Domest
> demand has been very quiet for Sc
: eral months, so that in order to bret
u even under the restricted outp
schedule the producers depended upc
e a reasonable maintenance of the TO
Il eign market.
Under the existing extraordina
conditions the exports have been 6
e mig to Europe at a rate quite compa
e able with the preceding few months,
- england and France have be
using large quantities of copper in t
manufacture Of ammunition. In ia
one plant in France has been cor
n Wandered by the government
work full time on army orders. lts
has always taken fair amount
III American copper for its own consum
'r ton. 1t also manufactures bug pois
1T from bessemerized copper from viii
r comes sulphate of copper. This pl
re duct is bought by the vine growers
10 Ita1v az well as of France"