Salt Lake Herald-Republican | 1910-07-12 | Page 9 | Price of Lake Copper Advances in Europe

PRICE OF LAKE COPPER ADVANCES IN EUROPE New Ne York July 11 According to cables received from Europe the Calu Calumet Clu Calumet met Hecla company has advanced the price of lake copper to 13 1 cents a pound having sold a I large lar e quantity recently on a basis of or 12 1 cents a n pound A general advance in prices U Is I anticipated by bV the tho trade as a result of o the better showing of the Copper Producers Producer association In the tho month of June A representative of or one large porphyry property says his company does not Intend to sell ecU l any more copper on a basis of 12 UI cents a pound The rho Te larger Jarf production in June was attributed to Increased Imports from fanada anada Dula Mexico and South America Americ The Tt consensus rO of f the trade Is that tion tinT this month will wi fall faU considerably sn short ort or of the output In June June