Salt Lake Herald | 1908-10-20 | Page 8 | Copper is Touted to Hang at Present Price

COPPER IS TOUTED TO HANG AT PRESENT PRICE Boston Oct 19 The United Metals Sell Selling Selling SellIng ing company which has lias las been holding the price of or copper at IS 13 c or c above aboe the market for some weeks has reduced its it asking price to the market level leel of or Wc I c thirty days das All AlI of the selling Interests have lave about caught ca up with their orders and unless substantial sales are effected within the tIme next two weeks stocks should begin to accumulate In this country countr There will be of necessity large sales of copper around 13 c per pound before any an advance in the price of the metal can be looked for tOI Leading copper trade author authorities estimate that there are not over 50 pounds of or refined copper In this country countr available for immediate delivery The copper mined in July Jul Is now no avail available available available able having been refined The Increased production which has come from Butte Cananea and nd Ely Eh Is not yet et ethea hea heavy but will soon be