Tombstone epitaph., 1922-04-23
PRICE SLUMP IN COPPER IS
 NOT SERIOUS
BY CHARLES E. WILLIS
eaitor Arizona Mining yo. na'

''h7 f''A PHsi''Hs 'hiho' ANdN N'HSb4i dater. Utah and Nevada. Consolidated the resumption of work al these prui- critics had it's effect on he copper market by anoticeab'e slowing I'D m the demand for the metal Via an .c. -ompanyins decrease in price
 The present slunp II the ipper market. however. caH be bar tenn. porary. aad there is np dortc but that the resumption by the sackling properties was entirely justified, as all the free copper held by these in. terests is reported to have been sold
 Is is blieved that buying of import ance wilI develop shortly. and for this reason the larger producers are not disposed to shade their price of l275 delivered, though some sales are reported al a lower figure. few 9: the smaller companies. in parti. cuiar marketing the metal al q sac rifice.
 With but few exception. copper mining camps throughout the South. west are now active. with noteable Improvement in business conditions generally The Calumet X Arizona and the Copper Queen at BiSbee. the New Cornelia al Ajo. the Miami and Inspiration at Miami the Old Do, minioa, Superior t Boston and Ari- Zona Commercial at Globe the Uni. ted Verde and the United Verde Elk tension at perUme. together with the Ray Consolidated at Ray. and the Chino at Hurley, have all joined the growing list of operating companies. most Of which are now producing copper. The Magma at Superior. will soon start an extensive program of construction work
 In addition jo these many smaller companies are active and each week sees an increasing number of prop critics undertaking development work Al Jerome the C. & 4. is developing the Verde Central mine on large scale and vii undoubtedly take over the Shea property for development Tn Louis dor and the Fl Capitan. in the Globe Miami district are active. while in ,he Tombstone. Warren and Patagonia districts, numerous operat- DTS are busy
 George A. Newett editor oi Iron Ore. and director of the Calumet & Arizona Mining company. on re- cent visit in the Southwest predicted Ia great boom for the Copper industry, accompanied by tremendous expan- sion in the use Of the red metal in building and other forms of industrial application. Regarding the manutac- ture Of copper shingles. MT Newet, said:
 T think the importance of this lit tie side line. and it is but one of many possibilities, is not thoroughly under stood. Most people seem to look on it as altogether insignificant. even if il is interesting as showing the new tread of ideas
 They may change their minds when they know that the copper shingle manufacture alone. 10 say nothing of gutters. leaders and other exterior building requirements. will in time. consume from 5O0.OOo. 600 to soo,o0o.0O0 pounds Of copper a year am in position tp state positively iHdt tHt AbdtUIIua com pdnl, WDlCn IS heading this movement. has made plans calling for this much copper every year and every pound of twill go into shingles
 Tt is certain that people have got ten tired of putting on roofs that are good for but a few years and that need constant repair and attention. We are learning to exercise real eco nomy and il is absolutely certain that no man will ever use shingles e any other form of perishable roofing when once he knows that he can get an everlasting covering on his buildings for no more than other forms would cost. Not only will the coppe- roof be everlasting, but it will also have large scrap value when the build ing wears out. Note that l say when the building wears out. for the roof never will
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