The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-09-29
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4 iG2v Yoek e 4 GepG 1o~-1AeI
- noeAl r. ~ rsA1y TT ~
SSnel A1vasee n psles 6o1D6te
Snn1ts tncsUaoe1 aoneGt5e euorI
1870. hiGhB Wages u I'll
4 $3.50 anl bettsr business Droe-l
seeD thrUughout the oOuntry. Pro-
a oooe1 n nlaav list1icks are oount-l
Hg uvon SueA a adyaAce bot tA1ff
4 - ars, 1fksly e b. deferred M
I ~ ealsnlAf Of aaothee year =
nne abost their desks On the
ofSnaa ltoattCn will reot prob |
2Sly the cause Tor the delay.
Nofmallo Europe takes slightly
\ Nnore thar half Of the America
& rD0nery outyut II became known
- the writer to-day through An
nes1can banker just returned
RU0 Germany that ofncials Of the
slDo09r export association have re-
1ogto1 most unfavorubly upon the
&ntIook for increased use and puf-
GAaso Of American copper in Eur
lops during the remainder Of the
ysar.
Il u n connection with such re-
noFts and TO investigate the situa
Hon and II possible alleviate 1t that
IL. l. Agassix. president of the Cal
omet and Hecla Mining company;
Joeepr Olendennin, sales manager
81 the 0uggenheim interests. and
Edward Mosenhauer OF the United
Metals Selling company. recently
sailed for the other side of the
Atlantic.
Germany Can't Pay.
Germany, according to the bank
" mentioned, willingly would take
large supplies Of copper. but can
not pay. Orders maN be placed but
there is q possibility that when
stocks are shipped they may be
lsft on the docks as was the case
| with American goods at Buenos
| Aires In 1921 when millions Of dol
| lArs we're lost by American ship
! pers because the exchange situa-
| ton was such that consignees
| would not or could not pay the
hills.
Industrial revival in Great Brit
ain. France, Belgium and Italy de-
/, pends in large part on the situa-
ton In Germany and the relative
value of the mark. Even the war
furry in the Near East gives no
| promise OF increased consumption
Of copper abroad for the amount
used in munitions would be cOun-
ter balanced by the slackening Of
consumption for industrial pur
poses.
In this country consumption is
Increasing rapidly. Reports OF
electric companies indicate start
ling increases in the use Of electro
cal equipment in which copper
plAyB an important part. Produc-
| ton also is growing as telegraphic
reports received within the last IL
hours indicate.
Alaskan Mines Busy.
The kennecott and Latouche
mines OF Alaska are now turning
out approximately 5000, 900 pounds
of copper month, according TO
word from Seattle and production
will be increased gradually as men
become available with the end of
the fishing and prospecting season.
Z Mighty per cent Of man power ca
pacity now is employed. Wages
~ are running from $3.50 to IS q day
( for the miners.
Copper production in Utah now
n between 50 to 60 per cent Of ca
pacity, according to dispatch from
A. @. Mackenzie. secretary OF the
Utah section OF the American Min
ing congress. Possible production
Of he big Utah properties is esti-
nnted at 200,0o0,000 pounds an
nuAlly. The mines today are at
least $500 men below their labor
requirements. Wages have been in
creased more than 10 per cent in
ths last 80 days. This has attract
| q few additional men but more
arc expected to respond now that
tho agricultural season is over. In
Utah the harvest hands usually 70
70 the mines for the winter season.
The Michigan and Minnesota have
increased wages at least Is per cent
nd today are still short Of men,
Duluth reports. The only check to
production il seen in a possible
lake seamen's strike. Shipments Of
copper on the lakes are running 40
EDor cent above the last years
average.
Heavy Montana Operations.
Heavier operations are expected
n the Montana copper mines, ac-
scordinE to reports today from Butte.
ma Anaconda company is produc-
ing about 100000 pounds q