Bisbee daily review., 1921-03-30
PRODUCTION OF
 COPPER TO STOP
CONTINUED FROM FACE oNEp
continued with. a force of more than

continued with. force of more than 1000. men
 Not more than total of 800 men in the entire district will be affected by the suspension of production. 1t was reported yesterday.
 With the biggest copper producers of the country suspending the 1 chances of the industry being restor- ed to normal yesterday appeared good. From now on. it was pointed out. every sale of copper from the huge surplus now on hand will dou- ble the speed with which the indus try should get ,on it's feet again, in asmuch as there will be no further production that would keep increas- ing the surplus of copper in the Uni ted States.
 Local mining men said yesterday | they could not even make a guess as to the length of time that would be required to reduce the surplus to a normal basis. but all predicted that cessation of production would ac complish much toward helping cut down the surplus and bring up the price of copper.
 | DoweIrs Statement | The statement issued by Dowell yesterday follows: i "The Phelps Dodge Corporation has decided to discontinue produc- nf branch until the large accumulation of copper now on hand can be re- duced to a normal basis.
 The smelting works of the conn pany at Dodglas will be shut down on April 18th and on the same date at it's mines at Bisbee.
 ''The company will however. con tinue to employ men Ion mine devel- opment work which, during the past two or three years, has not kept pace with ore extraction.
 Work on Sacramento Hill and on the new concentrator and power house will be continued as at pres ent. This program will. for the present, keep over 1000 men on the rayrol. and married men and men who have purchased homes through the assistance of the company and are now paving for same will be given preference for work. However, it may be necessary to lay off some If the more recently emploveI mar, lied men To married employees re- maining at Douelas the company will arrange to extend financial assist ance where needed. especially to those who own their homes there. ar who are paying for same, and could not leave at this time without great finaneial sacrifice.
 Reasons Are Given
 "7-irne lost due 10 this shut down VII not count against the service rocnrds of em1la~ee who return - work when called uron.
 Tt is heceusa Of the badly dapres'-- ed condition Of the copper market. due to the production greatly eN- ceeding the demand. that the con,- rany feels ohliged to take this ac- ten at this time DuriuV the nas'' two vears we have continued conper production on a greatly reduced scale with the hope there would have de- veloped before now a demand Tor copper which eventually would re- lieve the situation. But. rotwlth- standing this curtailment of p:odu-- ton our stocks of copper have con- tinued to pile up, and the price has continued to decEne until poin, has been reached where compiete cessation of production appears to re the only adequate remedy to Dring relief and an early return ot pros Deritv to those communities ht tne mines and smetlers. To continue longer. even with a curtaile1 produc- ton. piling uD stocks could ohiy mean a complete stoppage Of all work a little later, and for much longer period. While this action may at first thought. appear to onr em- nloves and to the communitV sener- ally to be unduly drastic, and. while it may work hardship on some. we are sure that this acton taken ho" will avoid a much greater hardship if not a decided calamity. befalling us were we to continue a temporizihg policy.
 "Whle it is impossible to forecast at this time how long production will be discontinued. there is not ne least doubt that when producton' IS resumed. all lines of business m these communities will be on a much .more stable and satisfactory basis The net result will be much carrier return to normal prosperity. and m the long run. will be decidedly for the benefit of the working man anu the business man of the two com munities affected, as well as Of the oornpanv"
 Price Shows Advance
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