Show I WORL'S WORLDS WORLD'S VAST VAS COPPER NEEDS France Alone Now After Pounds 3 Months Months' Supply Franco alone is In tho ho market right I now flow for tor copper equal to about the tho Ito to total total total to- to tal production of Ill all ni tho the mines of or tho I United States for Cor three normal months p r Relative e to this matter and tho immediate imme Imme- diate future of oC tho the copper branch of or ortho tho lie mining Industry tho the Wall Vali Street Journal says I Go regulation of ot copper prices and allocation of ot materials will wil continuo continue until January 1 next The Tho present rate rato of ot production and existIng existing exist exist- lug ing Ing level le of or prices and wn wages is to bec bo be c continued continued el m Big producers will wi sell Bel no copper un under cr 6 26 cents a a pound before beCore the ond end of or the lie year ear cai I Trance Franco Is li In tho the market for Cor I pounds of oC copper It Is ex expected ox- ox that inquiries for 1910 In export delivery will wil continue to pour Into the bl big producers nut But ut tho the bl big question In the minds of oC copper interests Is how will wil foreign consumers consumers arrange arrano for Cor payment t It I has not yet et been do- do 1101 whether foreign consumers or foreign governments gO will wil buy the metal metal Some producers incline to tho ho opinIon opinion ion that A n s system stem of oC credits will wil have to bo be arranged with wIh bankers in this countr country an any orders covering export delivery can be bo accepted The rho he big producers have o enough h business on their books now now to to carr carry them al almost almost almost al- al most up to the close of oC this year ear and the they are aro not wor worrying about tho the situation situation situ situ- aton after January 1 1 1 v A Aery very ery small smal refinery In New erse Jersey which has his heretofore been affiliated with wih German Interests has been Intimating intimating Int- Int Inti inti- mating that copper could bo be purchased under 26 6 cents cens a a pound This led to the tho circulation of oC rumors that the tho big producers vero offering metal under under the fixed price There is little or no copper to bo ho obtained under 26 6 cents a n pound Some Sometime Sometime time ago producers were informed b by tho government that the tho they were at at liberty lib liberty Ib- Ib lib lib- crt erty to dispose of oC their product as follows fol fol- oh- oh lows Sixty per cent to consumers haying hav hay ing government Jo orders and ond 40 10 per cent to all al other consumers But nut this ef of- of no change in prices |