Show I COPPER SALES ABOVE OUTPUT This Is Report on May Wi With l British Needing More lore Stocks E. E F. F Hutton Co members NewYork New New- NewYork NewYork York stock exchange local office 2 23 E. E South Temple street furnish the following bulletins buctin Engineering and Mining Journal of ot the the sales sn says s Tho The full figures In Ma May of copper proved to be he larger than any previous estimate and und were actually in excess of ot tho the production for or the month British h advices ad report a a. sentiment over o there thero to the effect that arrangements arrangements arrangements arrange arrange- ments should be bo made m for the pur- pur cha o of or copper from Au Australia where man ninny many Or of the min mines s have had to 10 t telos b bo elos clos closed j rather rathor than bu buy copper from America 11 However 0 W l' l 1 the thu probability i is that Great Britain has hns had enough h of sub subsidies etc etc and will bu buy copper where It can be obtained mot mostly cheaper New Now York News says Bullish activity activity ac nc- ac- ac is expected to continue Ih The Iho waiting list o of buyers app appears ars to belal belarge be lal large laige c enough to soon reverse reactionary reactionary reaction reaction- ary waves The Tho sudden announcement of the fhe he return of ot the wire companies to private ownership may stimulate th the rails Higher prices s being predicted for Cor U U. S S. Steel Stoel Republic Iron Steel Crucible Central L Leather Reading California Packing Sugar and Tobacco stocks Considerable short covering noted in the coppers and low priced rails milt I. I P P. Trask Co says Tho rho fact that higher records for Cor trading arc are boIn boing boing bo- bo In ing made Is not In Itself nn any sound soune argument for Cor belief belief that it marks the high water for the present wave of activity The volume of credit Is materially materially ma ma- greater The number of oC stock stocke traded In is much I larger The Tile number of oC persons Interested In the market has luif rown own enormously in the past few tew years rears |