The Alaska citizen., 1915-05-31


were much in evidence, and it is
the cult" This story is strength
ened by the tale one of the willow
men tells about the Kathleen claim.
He says he sank holes in that claim
because the willow wand showed
that gold existed there in vast guam
titles, but he had in sinking passed
through the pay. Yesterday one
could see willow men marching in
stately step across the snow whit
ened hills. patiently waiting for the
stick to dip locating the gold. They
III a number of cases went to work
and stated claims because the lin
strument' dipped at the spot where
they hope to locate the pay.
Copper Prices.
AS a result of the exceptionally
high price eff copper at the present
time the copper mines of Alaska
are more active now than they have
been for years. There is much specu-
lation in regard to how long the
price will remain high, and in this
connection the Engineering and Min
ing journal, under the caption Of
What Of Copper After the War
gives some coed ideas as follows:
The remarkable Improvement of
copper during the first quarter of
1915 renewed the courage of cop
per producers. They are now en-
joying a prosperity that six months
ago no one ventured to hope. How
ever, It is recognized that the re-
demand for b9
been chiefly for military purposes
(the consumption for peaceful pur-
poses in this country has failed SO
far to increase materially and pro-
ducers are already considering the
question of the prospects for cop
per after the war.
There are two views. The pes
simistic view is that termination of
the war will be accompanied by a
collapse of the copper market, ow
ing to the production being far in
excess of the consumption when
military buying ceases. Those who
take this view consider that after
the war the countries of Europe
will be PROSTATE, lacking the means
to rebuild even what has been de-
stroyed.
ION the other hand, the optimist
consider that Europe will not
be PROSTATE, that rebuilding will be
inaugurated Immediately and that
enormous quantities Of copper will
have to be purchased at once in
order to replenish the normal stocks
Of manufacturers, estimated at sew
eral months supply on the average,
which have already been drawn
down to the irreducible minimum,
especially in Germany, in order to
carry on the war. Those taking
this view believe that termination
Of the war will not be followed by
slump in copper, but by further
raise.
Among the Offices of the big pro-
ducers there is sharp division Of
| opinion respecting the above-cited
! forecasts. We are disposed to think
! that the optimistic view predomin-
ates. 1t is fresh in the minds of
everybody that six months ago, when
opinions were practically unanimous
that copper was in a hopeless situa-
ton, the views We're wholly wrong,
and in forecasting another six
months nobody pretends to be cock
sure. The unexpected happened
once and probably will happen again.
1t is sufficient now for everybody
| to rejoice over the good times that
! have come. and it is not worth
while to worry about the future"
/ The Mexican student was watching
his first Northern football game. It
held his interest firmly. His face
grew flushed, his arms We're flung
out, he shouted hoarsely
do you call this a game?" he ask
ed OF the man at his right.
"Sure" was the reply What