Show THE COPPER TUATION i I j The copper situation Is one of much rrystery The fall In price Is clearly not due tov natural causes for the supply sup-ply Is not excessive and the demand Is I greater than ever Manipulation Is without doubt at J the bottom of the dealing and whether the movement assumes as-sumes threatening form or not will depend largely upon the strength of the bear movement Thus far It appears ap-pears to have made triumphant progress pro-gress and the outcome of It will be noted with anxiety In the West The net losses In the shares of the twenty two leading ppercompanles compar ing their figures of valuation In November No-vember 1S98 with the valuation o the same shares now arebut 9S1S7SS the figures being 172401700 at the be boom In copper stocks began at the date named and approximately 102552912 now But at the jjelght j of the boom the valuations rose to 315779625 from which figure the drop has reached the damaging aggregate of 153190713 The boom In copper stocks began at the date named In November 1898 and continued contin-ued nearly two years The heavy capital capi-tal required to handle It can be Judced by the figures given But now that the values have receded to a point even below that prevailing when the boom began we see no reason for any further fur-ther recession The demand for copper cop-per Is increasing all the time and the price should be fair |