Salt Lake Herald-Republican | 1920-05-13 | Page 12 | Strike is Holding down Copper Market

Strike Is H Holding g Down Copper Market New c York May Ia Evening E Mail says While tho the general g opinion is that thai not flot for or a long time past have ha conditions conditions conditions condi condi- underlying the copper metal m market mar mr r- r ket been stronger two factors have o temporarily served to check activities in R a marked markel degree The first traffic tic fic congestion I is so great that man domestic consumers could not gt t the thc metal should thc they want to till nil up UI their material bins in the face tace of or the thc second factor labor unrest Where here sh shipping IPP I ii g Co conditions nd I t I o n a would PC permit mi I t manufacturers arc are unwilling to h havo vo voth th the metal shipped to them believing that their failure to stock up will ex- ex erciso a 3 salutary effect on the strike leaders It probably will be several severa I weeks before traffic conditions arc are normal an and in the tho meantime domestic om sl bu buying ln will make little progress but buta butI a I good gool deal of pr metal is la being taken for foreign account with large lanc producers producers producers pro pro- holding the price at 19 cents Small dealers deniers shade this figure frac trac- Labor conditions at the tho p mines are improving but man many miners miners min min- ers are arc leaving for tor other labor In cities and there will not hot be an any great increase in 01 output until fall all I i