Salt Lake Tribune | 1912-05-16 | Page 12 | April Should Have Shown a Decrease

APRIL SHOULD HAVE SHOWN A DECREASE Thompson, Towl - Co.. say: "Wo understand un-derstand from an authoratatlve source that in the Copper Producers' siatmnnt of April, published a few davs ago. which showed an Inercoso of 2.63S.472 txmuds in the stocks of copper, on hand, thore j was included an item of 5,000,000 pounds, which liad been sold for Europuan account ac-count that month, but could not be delivered de-livered owing to tho tevcdore.V strlko ,at Baltimore. These slocks were Includ- ' $ cd in the surplus ns of May 1. This Is an item of great importanco to those interested in-terested In the coppor situation and indicates in-dicates that instead of an increase In supplies bcinir shown. In reality there was a decrease of approximately 2,500.-000 2,500.-000 pounds. Thcso figures should bf reflected re-flected In the May Copper l'roducora' statement."