The copper era and Morenci leader., 1922-01-27
Concentrates

COPPER SITUATION: The U. s.
 G. s. reports for January l, 1921 ! showed stocks of refined copper total | ing 59,O00,00O lbs. Refinery pro-
 duction for 1921 was 996,00O.0OO lbs 1 Domestic consumption during the year
 was 572.000000 and exports 5S7,OO0.- 1 GOO, leaving the copper surplus on
 January ist, 1922 at 496O0O, eco lbs 1 Of this 320,00O,000 is pooled for eX- i port thus leaving the small amount of 176,000,OO0 lbs. available for do
 mestic consumption. These figures
 show plainly why we are getting the announcement of resumption of op eratiOns of the copper mines. The
 Butte Mines have resumed, the Michi- gan mines have announced a defi-
 nite date of resumption, Inspiration is increasing it's force, International smelter has blown in the second fur l mace and definite announcements have come from the Iron Cap, Old
 Dominion, United Verde, Verde Ex- tension and others SUPERIOR-The Magma Copper
 Company cannot start operation un- til March even though it has lots of
 high grade ore that can be mined at
 profit now. The work of concreting
 the shaft must be completed before
 production is started A standard
 gauge railroad and smelter is plan
 ned. WINKELMAN-The @ Mine is again working a shipping high grade
 lead ores to Fl Paso. This mine has attracted considerable attention dur ing the past two years and the man. agement report that lead smelter
 is planned at an early date. It is probable that a tramway will also be erected
 RAY-While there has been no an nouncement coming from Ray as to
 when the Ray Consolidated will re- surne operations, a report that 50
  that property looks as though the
 announcement may be expected short i ly. The machinery is being run a short time each day to keep it in
 shape.
 DOUGLAS-The force at the Cop per Queen smelter has been in creased from 50 to 200 in the past
 six weeks and there is evident haste | in making the smelter ready for pro- I duction. It is probable that the c. | and A. Shelter will start ahead of | the mine as much ore is stacked up
 at the shelter.
 1 GLOBE-The Fl Capitan Mine is 1 preparing to increase the capacity Of i it's 90 ton milling plant to. -150 tons. I The Superior and Boston has re- sumed work. The Iron Cap and the ! Old Dominion have both announced
 resumtion of work in the, next few
 weeks, and Globe feels that the end 1 of it's depression is in sight. 1 HUMBOLDT-The property of the 1 Consolidated Arizona Smelling Com 1 panyswiH be formally transferred toi the Southwest Metals Company oci
 February 18th in accordance with the orders of the Federal Court. The new company is amply finanred and will be ready to operate free from the burdens of the old organization ! KINGMAN-A sensational strike has been reported from the Dean l mine where a 41a foot vein running 1 25O ounces in silver has been opened according to statements from reli- ! able sources in that district. This l company has a 75 ton milling plant
 which was recently erected. . 1 WHITE SIGNAL-There is T deal i pending for the control of the radiuIH ! properties at Unite Signal N. NJ, l that promises continuous operation Of | those: properties on a large scale is -consumated.; 2. The property was eX- ] plored by the Radium Company of | Colorado but without great success in finding a method for separation. l DOS CABEZAS-The new electric
 ore locating device was testing by the
 Arizona Bureau Of Mines at the prop ! erty of the Central Copper Company ! where they were able to make it
 work satisfactory over 9 distance Of. i 1A, miles underground locating the
 Elma Ore body from the Mascot
 workings.