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Show COPPERS BEGIN THE HOLIDAY AT THE TOP' James A. Pollock it Co.. bankers and brokers, furnish the following, received over their private wire yesterday afternoon: after-noon: Palric. AVebber & Co.. Huston. This movement In the copper shares is steadily maintaining headway und with the strong position of the metal wc oxpect to see materially higher prices. We extend to you very best wishes for a Merry Christmas Christ-mas and a Happy New Year. Logan & Bryan, New York. The bulk of the trading during the day's session was principally th the nature of evening up accounts over the holidays, though the buying of "a few selected Issues, such as Lclilgh Valley, also the Gould lines, the latter being based on the expectancy; of an early adjustment of tin Wubnah affairs, was rather Impressive. The buying buy-ing of i'tah Copper was exceptionally good, and was rellccted by marked strength In other coppers. In connection with Utah, It l? J-aid that the advance In copper metal will do much towards materially increasing tho company's earnings nnd many Investors in mining shares have of late been transferring their holdings to Utah in view of the company's low cost of production and its excellent prospect. Marketwise there was not much news of Importance, but the week-end trade reviews were rather cheerful nnd the bank clearings denote that holiday trade lias ben of good proportion throughout the countrv. It is not thought that any further price changes on llnlshcd steel products will bo announced this yenr. but both domestic and foreign advices are indicative in-dicative of higher prices In tho near future fu-ture for i-opper niotal. Berlin continues to be a large borrower of American funds and It is thought that tlie.ir bidding, coupled with the usual preparations for ithe January disbursement, will result In some rtrmneas In money rate before the year ond. 'Wo still believe that ufforl will be put forth tending towards the establishment of a hlzher range of quot-1 quot-1 ol Motility values before the year end.1 but. of course, the uncertainties abroad and politics again may tend to dampon the ardor of the interests committed to the side, of advancing Prices. The attitude atti-tude of politicians is bound to exert a marked Influence, and unles conservatism conserva-tism and a constructive attitude axe applied ap-plied to a greater extent than has been the cnee during 1911. it is qneatlonable whether trade and Industry will show a distinct lendVnrv towards betterment, during 1912. Wishing on all a Merry I Christmas and a Happy New Year. |