The copper era and Morenci leader., 1922-02-24

a single shaft. Identification of operated by steam prime-movers also appears promising
 Future Export Market
 The export market after the next two or three years is also uncertain. The questions of exchange and the rehabilitation of European industry are apparently only part of the pro- blem. Though Germanys buying pow CT is now limited, it is believed by l some that her replacement needs will l offer a great market for domestic l copper Much Of Germany's apparent 1 pre-War consumption, however, was merely a scheme for the creation of great reserves by inducing the con- sumption of copper in such forms as to be readily available for war pur-
 poses Copper was consumed in Ger
 many in the decorating and covering
 of shop fronts and in a variety of
 other unnecessary uses which prob-
 ably will never be renewed in Ger
 many or in any other country suf-
 fering from the war while cheaper
 material can be obtained The cleo
 trlcal industry of Europe, as Ill
 other regions. will probably recover
 and expand slowly.
 Foreign competition for the Euro pean market within the next decade may well be considered The Chile 1 Copper Company is reported upon | good authority to be planning enorm-
 ous increases in ore treated The 1 first increase is to raise the capa- 1 city to about 27,000 tons of ore per
 day, or more than 300,00O,0O0 ID. of i copper per annum. The second will
 raise to 10000 tons per day and the | third to 50,000 tons per day. A large
 plant for the treatment of ores which
 do not leach readily is also contem- plated. Plans and specifications are ! supposed to be complete for the plant | of 10000 ton capacity. but progress
 on it has been delayed on account of high costs. With this increased
 capacity, the company should have available for European market with
 in the next decade about 300 900, ,000
 to 00,000,000 ID. of electrolytic cop. !, per at a relatively low cost.
 | The Union Miniere du Haut Kat,
 anga has recently started the con.
 struction of a 4,000-ton concentrat ing plant for ores not amenable to . teaching and of too low grade for direct smelting, and a teaching plant reported capable of producing no. 100000 ID. of copper per annum Both installations are reported to be the initial units of a much larger plant. The company is also under
 taking development of sufficient hy
 dro-electric power for the refining oi all copper produced. At this rate the , company should produce in the neal
 future about 200,000.0O0 ID. of refined : copper available for the European ? market at a low cost, and it is pro f bable that within few years ths , company's production may be in : creased to about 100000, 900 lb pe1 3 annum. These two great companies I if their planned output is realized : should, together with the Spanish
 producers. make from 00,00O,OOO |, l. 1,1O0, 100000 lb.. of copper per an g mum, available to the European mar : let at price with which competition r will be difficult
 a With allowance for the increase, }. output of these producers, product1v e capacity within the next decad f should be nearly 4.0O0,O0O,OOO ib., o which about 2.000, 100000 to 2.5OO [. 100000 lb. will be available to tn > European market, large part 0 '- which may be at a cost with whicl d producers in the United States car Q not easily compete. In short, bot e the slow recovery of the Europea e market and the growing competition r for it are possibilities that our pro $ ducers must bear in mind in plar e ming for the future.
 l. The shelter production of coppe Q from domestic ore in 1921 based UT B on actual figures for the first eleve ], months and estimates for Decembe # was about 61.00O.eO0 ID. The rs 0 finery production on the same basi
 was about 601 900. 900 Ib. from dome; r. tic sources and about 0,000.000 Il Il from foreign sources.
 d According to the records of tn e Department of Commerce, total in l. ports for the first eleven months ( Il copper, in ore concentrates, mattt :t blister. and refined copper, wer I. about 31S,000.000 h.. of which 6S,000 n- GOO lb- was refined coper and 157.000 Il 900 was blister copper. Exports fC ,e eleven months totaled about 567 ,00O
 0O0 h.. of which about 53S 900 900 Il d was new refined copper and 29,00C le 900 ID. was manufactured. IT, The total supply of new refined CO te per for the year was about 9S900C ,e GOO h.. which includes refinery pr is duction from foreign and domest is sources and refined copper importe O. The stocks of refined copper in hanf oi of domestic refneries Dec. 31, 192 t. excluding those in transit, were aboi to 5000. 900 In. Stocks of blister ( ly that date in hands of smelters, ic transit to refneries, and in hands g. refineries. including materials in pr e. cess. were about 291 .000, 900 ID. .s- BACK FROM PHOENIX
 M Enrich