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Show GUGGENHEIM DECLARES ' IDE MVMll iOfl SnTeltcfMilgnatc of OpmioiT That Metal Market Will Steadily Grow Better. IfEW YORK, Feb. 28. Daniel Guggenheim, Gug-genheim, president, of the American Smelting and Refining company, who will sail on Tuesday for a three months' vacation abroad, talked today of -general business conditions. "The metal business, as a. whole," said Mr. Guggeuhcim, "has suffered iu this depression more-severely than was lo have been rpected for even such a sensitive barometer of business conditions. condi-tions. Copper, in my judgment, has taken thc place formerly held by steel and iron as tho index of business conditions. con-ditions. Tho mot a I felt the reaction year mouths iu advance of steel and general mecantilo enterprises. "Indications point, to a turn upward in the tide. Enter prises which wore halted in complete last winter will be financed now. In 1113' judgment, there will be a stead3' betterment throughout I the year. Bv the time the elections j have' been decided, fresh capital 'will bo forthcoming. "Wall street is undoubtedly blue. It. is 1113- opinion that present conditions do not warrant so much pessimism. Wall street is no doubt the barometer of the county's markets, but Uhink it is more seusitive to a coming decline than a succeeding recover'." |