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Show I SOME RED III IS HEINE SOLD European Conferences Stimulate Stimu-late to Some Extent Sales of the Metal. CONSUMER NOW IS ENTERING MARKET Mi He Is Proceeding With Due Cure Until Real Condition Is Knoivn. f I Whatever the exnet relations bfttweon Iho two groat copper factions, between wnora somo sort of a truce Is undcr-stooa undcr-stooa to have been, declared on the soli of old England, the impression thai somo sort oi a peaco arrangement has been made already Is having its inlluenco on the copper metal market. Reports irom me taat have It thai the United Staler Metals Selling company, which handles the Amalgamated and Anaconda production, produc-tion, has made sale of from 2t,0UU,0U0 lo JO.OUU.OOU pounds of coppur, the lowest price being 1-S cents a pound, and some of tho metal brought a shade bolter lha.n that ligure. It Is said also that other celling agencies have met with oiiual puccess, so tho sales recently have- totaled to-taled close to 00.000.000 pounds. This would Indicate that the manufacturers manufac-turers and copper consumers as a general gen-eral rule have been forced to alter somewhat some-what the attitude they have'hcld for over a year to the consternation of the copper folks generally. Tho repeated assurances assur-ances given by copper companies themselves them-selves that there was to be an abundance of copper metal thrown on the markets by the numerous new companies starting start-ing production or malting preparations to produce, and tho predictions, which wcro as thick as fleas, to the effect that the metal could not go too low to put the porphvrlcs out of business, every one reaching the conclusion that copper was to bo so plentiful that the price would be reduced and hold below previous expectations, expecta-tions, all operated to keep the consumer out of the copper market oxcopt for just enough of the metal to supply his Immediate, Imme-diate, almost dally, needs. lie theretofore thereto-fore had been In tho habit of buying large stocks far ahead, paying Interest as a consequence on his investment, often being forced to compete with the fortunate for-tunate fellow who was using copper purchased pur-chased at a few cents a pound lower than his own metal cost him. thus securing the inside track of the prices of manufactured manu-factured articles. So the consumer be-san be-san a new plan, that of allowing the copper producer to carry the surplus of tno metal, to pay interest on the money wrapped up in copper, and. as a consequence, conse-quence, and with the aid of near-pnnlc times in an industrial way. the surplus of copper has increased to a proportion that recently Inspired the European conferences con-ferences of many of the most noted coppor cop-por producers of the world, where the pipe of peaco was evidently kept pretty warm But the consumer has lost none of his wisdom Just newly secured. These European Eu-ropean conferences look good, but no one knows how far the results went or may go- Copper sales, while showing some increase, nave not increased to such an extent that one can picture the consumer con-sumer rushing in all out of breath to ask if there Is any of the surplus left on the bargain counter. He Is edging carefully, and it Is a lot of fun for the audience. |