New-York tribune., 1922-06-11
The Reduction in Rail-.
Freight Rates I. ''S'' :
pecied to Give q y
Stimulus 10 Proda.,s,' ,,''
Coal Stocks Seem Ami.
Industry at a High D.,
Compared With C.'S wa
iions of Six Month, !.

the copper mining indg,,,,
now practically all Of the l.rs :. :.
ators in the country are ,rl,,c. -
although six months ago b. !,
try was virtually In a sts, !, !. =. !.
nation.
The resumption % Arss.i,
limited seals last January n,.,
senS-of Tor TIE whole ins.rr ,.'
gradually has been s,,.s,, Il
mentum. Al added imys.. -.
parted By the compsraiiy,Iy ...'...
resumptions around April (. ,,l II
that time tho moyemsr, k,,k.,..
wardod without cherk lsg "a,
cut IN railroad rates is ,rs,,,,.
furnish fresh stimulation
4 picture ~ present se.lyl,, 4. 4
metal mining le.d il preis.,,l I.
current issue ~ "fnrr,,r,,
Mining JournalPresi' b. l,, s.,,,
tor. A. II Hub5e.I, uho sayt.
Announcement 0f ths r,s.r,
freight rates hes caused l,t', I.
visible change as yet .n ossr,.,., 7.
the metal mining districts of ,ts,,
try Undoubtedly b. Viil ,,lnsIsy =
duction. II does rot apply, ~
% iron ore moU1g ffon ne Ng.-l
ranges % the Lake Superior S,,o f,
commodity bo ong subject % a u,,.
ruling not yet handed doTr, ut,l
suit Of which iron ore pf.esi IA, 4
been quoted so far ior isz2.
Coal Stocks Ample
"coal stocks appear % B. s-,,,
the present. cnd no .ncoav,,i,s
reported resulting from 81, I'll
Skilled labor ls becoming wn,
many districts. ard 10 'he js,', 4
lead district shortage q ,.,uiI
has suddenly developed. Wage, a.
the l0W sDOilt. tle genera. f,.1I
hardly permitting fgr,hsr ssa
some districts fhoy have a'rsi.J =
some advance. particularly n y,
country and .n the B.rn.ng.i-
tr.ct ~ Alabama. The average t~
supplies BE- rising slowly. Dgns =
for June I being lisg,sr, ss-r
with sl6i.8ii On January a.. o
533 on July last
"ln less than SIX months ihs -
mining industry has passed ha
position of widespread stag,rz
one where almos, al Of the ir;az
operators ~ the country are re
ing. This transition. which tsesr
Anaconda's resumption on afs
scale last January, was eenfs1. 4
Gently when North Bg.'e al .H|
DAILY. in Montana, and ne l1I
Verde, In Arizona. started g,n l
Phelps Dodge branches a. IIr1
". and ~ Ciif.on-Morenei fs''i' T.
down: likewise some q ., -
properties IN northern NefI
stagnaney still prevails IN i.s ~
copper belt IN Caiiforr.a. A''1
In the United states impor'E' az
are running.
"A, Butte abou, i05oo nrre'
ployed. Anaconda is gorkiaf ~ =,
mines and has both smelisn = =
capacity and is zine p.ars q y :
pacity. East Butte has ilefsi~ ,
force 20 handle Dsvs.Day q |.
East Helena the A. S. ard <. -
has several hundred men eag0-
At Half Capacity
"Of the porphyries. U,ah t' Se'' ~
Consolidated have reached iisf :.
porary objective Of half eaccI =
Ray and Chino tagging. u AZ :
the Copper Queen has !'s'i.,s 's'... 7
output from 6.250.O00 . ~
pounds a month and - 1nss -
trates from It's new Noei,i--. :. =
az Nacozari. Old Dominlos e't.. !.
its monthly rate OF 2,o9t~ -.
Calumet and Arizona and Aes .ei.. y
are running at 60 and 70 p. :s,' ~ n
city. Miami Is operating y y =
year. and Inspiration is r'ss..'.s .
a rate OF not less than 5,NQa" 20
a month. -,
elsewhere In the West. E.',al' E''.l \
California. Is producing over ls..r
pounds per month and GRANNY
per cent capacity 18th,
Copper production ~ h0',a, u,
Michigan IS slowly increasing, -, ~,
ou,nus Of resned metal being ss'.si' W.
~ Il $50 90 pounds. against 80. ...
in April. or . and - pei CEN, ~, -,
lively. Of the districts pre.sS'i c,i..l 80
OF % 600. 900 pounds 4 montn. O..., 80
and Heela's production is s. 2er . s.'
% ro-,,ai .ha, of Copper k,nt
Quincy rs. Ahmeek sS ara ~. 80 s',. :
IS. Mohawk ard WolFei'ns ~
ducing az capacity u..... 4 r
"ln the Duckiown dislIi.. d.., ~, rs
resse. both the two prodgeeliss ~ =, - q
ming. Tennessee Copper :. a.. :. cr
~ eSpacity and the Duekie~A >
I. Company az eapaei'y.
improvement, Marked -.
Though conditions are s,ia ~. -,
tied In the Lake Superior ,.. ~. -, ~, y
imnroycmcnt Is marked. it1. 49, ", q
J"e.ion ir Nay. though iaf - ~, a
- - gs,. ne largest slnee ", Y.
mn 49, closed. Delay IN eso..,.. ~
ore priees IS naturally kespIty,-sI
~. .o." .s.ges ~so IL is reported ga. .i., Z
.on on. r."s ss~o,ertics are opersil... =, 4
eS rsr cent basis, tneif ~, W, ,lsi>l
bu, 40 per cent q Norman w.
OF the year a,.tris. is
bama reserve iron ore ,.i'.',S s'Gssi i,si 8
drawn unon rather heaFl,y -, :, 4
crease IN OUTPUT % az sosI,. ,.--,sI
.as. 80 - rormal IS corsidersa -
About twenty furnaces az, ~, Il
with six on J4ns',s \. ,.ss-..,f
S,c,ion Of iron and steei ! = n, 1
rs steady increase 80 u "-'
frst Of the year IA ,rl ff.
Better prices for i,.- .s, ~
cether with the foriheon'a,..ly 50
IN freight rates, have efe..' n y
he outlook Tor producers sI,t
metals The produet'oh " 49,
bv Butte aud superior ,..s',r sas ~
continues large In ne 49, JT.els ~,
in northern Idaho. tle - isrsy
COMPANY is producing .. a.e-,h' ~. %,
rate OF 1000 tons "a ,he -,
q 200 a month ago, ara n. y. -
nd Bunker Hill c.upSnlal,,' na, ,s.i
chsnee a.. 5000 and y, W. ,or =. =
spectively giving q 'o-a'
triet Of 900 tons q hon,ss.u ..'.s,u .,
I'm Ctah. PARK City, hiht.g s.g. ~
Tint, district continue ., ~, !, .
!, ,ns' ,'.''' =, r,noham progressing .~~,l,s