The copper era and Morenci leader., 1922-12-01
COPPER INDUSTRY TURNS ATTENTION
 ID DAM PROJEECTS
By CHARLES F. WILLIS Editor Arizona Mininn IonrnaI


 Interest in the copper industry is centered around two things, the ac- tion of the council of the Salt River Valley Water Users association rela- tive to the construction of the Nor mon Flats Dam and also the progress of the Colorado River Compact and it's relation to the construction of the Diamond Creek Dam. Both of these are enormously large power projects on which the money for construction is available and the progress of the mining industry largely hinges upon the devlopment of cheaper power.
 Copper Production Indicated
 The past week has seen some pro- gress in the increasing or plans for increasing the copper production, all though the scarcity of common labor in many camps has held back pro duction. Morenci has planned to get under way as quickly as men ca1 be obtained, but it is reported that considerable difficulty in this is be- ing encountered in spite of the good living and working conditions of the Morenci camp.
 A mill of 50O-tons capacity is to be installed at an early date at the prop
 NN of Youngsberg, Arizona, and produc- ton is expected to start not later than next March, according to Geo U. Young, president and general manager of the company. Consider able development work has been completed at the property and a large amount of new machinery installed. as we'll as additional surface equip- ment and buildings.
 To Install Electric Power Plant
 The Chispas. Mining company, own- CT of the Las Chispas mine nj tha Arizpe district, Sonora, Mexico, has, plans for the construction of central electric power plant at Nacozari. which it is estimated will cost $900,000, according to Antonio Pedrazini, general manager of the company. In connection with the construction of the power plant high power transmission line will be built west to the Chispas camp, dis tance of 40 miles.
 A firmer tendency is reported in the copper market and some sellers are inclined to quote II cents. al though 1878 cents continues to be he prevailing level. However, some authorities are of the opinion that prices will le advanced slightly in he near future.
 Export inquiries also are good and ! number of fair sized orders have been placed in this country witn individual sellers in addition to the business which went through the Copper Export association
 Domestic consumers have shown in creased interest in the market for he red metal. Orders have been re- ported larger than recently, and some lair inquiries were in the market rom manufacturing interests to take care of their future requirements Several inquiries covered monthly shipments up to the end of next March. The fact that manufacturers Ire showing indications of placing orders is looked upon by some auth )rities as evidence of increased in 1ustrial activity. It is pointed out that the consumers of copper are lot now speculating in metal. and place orders only for their actual re- auirements as they can see them head
 There is still good buying for the account of Germany. Most of the transactions with German consum- ITS are made on a basis of New York larbor, and although it is stated by some sellers that 13% cents per pound f. 0. b. New York. is the gen eral- quotation, there is a we'll de- ined report that some business was lone during the past week at F n per pound, New York. The fact-th Germany is still paying for it's cop )er in American dollars is a matter If considerable comment outside the rade.