Bingham Bulletin | 1936-07-31 | Page 6 | Copper Price Hits High Level

COPPERPRif HITS HIGH LEVEL Reaching the highest w, , May, 1931. prices of el Monday were equivalent J and 9.425 cent, a pound, i'f in May, 1931 Were 947 pound. Buying 0f me ' was stimulated by lifUng J sanctions against Italy, which ported to have acted as a d " European trade generally, fw for copper was said to be from armament makers. If the price abroad maintain, level, the domestic price f or per is expected to rise soon I , , 34 cents or possibly io cents 1 pound. Sales for the first half montll) July were approximately ij tons and it is predicted that a volume will be larger for the set ond half. Estimates of sales for the month range from 25,000 to 20, tons. Sales in May and June wen about 16,000 tons each month.