Mohave County miner and our mineral wealth., 1922-03-24
COPPER MINING INDUSTRY

ering the copper mining industry. "1ts present condition and the factors in- fluencing it's future" the monograph being by John Perrin, chairman of the Board and Federal Reserve Agent. The monograph covers a wide area of country, taking in the wide ramifica- tions of the district, which embraces the states of California, Nevada, Utah and large part of Arizona. It may be well to state that the southeastern part of Arizona is embraced in the Dallas, Texas, district, which is known as the 11th district. It is explained that for the purposes of comparison the entire state of Arizona is carried in the report.
 The report shows that the stocks of copper on January 1, 1922, were twice the pre-war normal copper stocks; that the consumption of cop per in 1921 was approximately two- thirds of the normal consumption, talk ing 1913 as basic normal year; that the production of copper from primary sources was approximately one-third of that of 1913, the decrease being most marked in the mines of the United States. Old copper (remelted) is a large competitive factor. A mo- ticeable feature during the last quar- ter of 1921 was the rise in copper and the decline in reserve stocks.
 The writer continues:
 Based upon the hypothesis that permanent improvement in the indus try must depend upon the reduction of present stocks, certain provisional calculations which have a bearing,upon the resumption of mining operations may be made from the foregoing facts"
 And we take it the view of the re- port is that if additions to the sup ply of copper stocks continue at the same rate as at present (prior to start ing up new operation) and deductions therefrom continue at the rate they averaged during the past year, the ex- cess of stocks over normal will van ish within eight months; and if con- sumption for domestic use and exports increase the stocks will be absorbed in five months.
 In summarizing the productive pos abilities of the copper mines of the world. Mir. Perrin goes far afield and concludes that their capacity at the present time would be about 3,260,00O,- 900 pounds, as against 2,200,000, ,000 pounds in the pre-war days. The worlds consumption is not in excess of 2,30O, 100000 per annum, about 2OO,OOO,OO0 pounds less than the Unit ed States refinery capacity.
 The report is replete with maps and charts showing every phase of the cop per situation, every angle of the ques- tion being met and analysed. Not in years has such a comprehensive re- port been put out by any department of the government. And one of the most important features is the show ing that our federal reserve district is one of the most important in cop per production of all the other federal districts in the United States, embrac- ing all the large production areas of the country. The monograph will be used widely by copper interests, as showing that although production Of copper has fallen off immeasurably the possibilities of the mines have grown far beyond the present day ne. cessities. This is right, as copper Will always be one of the most important of all the metallic groups, covering, as it does, the manufacturing possib.li- ties of brass, steel, copper utensils, cooper wire and everything into which such metals may go. In its ramifica- tions it makes use of other metals ana through it's use may enable zinc, lead and many other metal mines to be largely operated.
 Arizona's prosperity depends large. lv on the intensive development and nroduction of its copper mines. It was these wonderful mines that gave wide publicity to the state, and gave it the standing it has in the mining world, making millionaires over night and giving us taxable wealth Tar in excess of any other state of the union, prorata. The building Of the great copper mines, however, does not overshadow our other metallic .resour- ces, there being great possibility o1 brinping the state to the forefront as a producer of gold, zinc, lead' ana practically every metal necessary Tn the arts and sciences. And our possi, bilities in agriculture, horticulture ana viticulture, its numbering interests itS vast areas of grazing lands, It's sheeP upon a thousand hills and plains' ana the crowning possibility of manufactur, ing all these products into the 1inisnea article through the conversion o1 our water resources into power, Will make of the state of Arizona, an lntergral mart of the 18th federal reserve dis- trict, the richest part of the Globe.