Salt Lake Tribune | 1908-11-02 | Page 6 | Copper Commodities in Line for Prosperity

COPPER COMMODITIES IN LINE FOR PROSPERITY The wire manufacturers, at a meeting late yestorday afternoon. followed the advance In copper metal prices by raising rais-ing the base price for their own product from UJ to 15 cents. Early in August wire prices were advanced to in J cents on a suddon spurt and greator strength In the motal market, but subsequently tho quotations were dropped i cent to 141 cants, from which point they havo Just been raised again. "Our September business. Including new bookings and goods shipped." eavg a wire manufacturer using between z',000.-000 z',000.-000 and 4.000,000. pounds of copper a month. "wa under that of August, while October will be no better than Soptem-K0r: Soptem-K0r: .Iher0. ,a, 110 .snlnsaylng the fact thnt there is In sight a large volume pt new business which will materially holp the wiro industry In the event of Mr. Talis election. We hnve recently bought some copper at provaillng prices which will last us up to December " ,AJ?fllcr w,re tnanufacturor using 50.-000,000 50.-000,000 pounds of the metal a y.jar in normal limes, says: "Business with us Is fair and we are constantly booking new orders, although I look for no spurt until oft-ir tho new yoar." "The brass manufacturers." said a representative, of one of tho larger Connecticut Con-necticut concorns, "win probably not raise their prices unUl copper has gone up about cent more. There has been no cnange In brass quotations since August Au-gust 10, and shoot stands at 14 cnts 'asp. rods and wire li cents and braised tubing at 205 cents." Boston News Eu-xeau.