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Show SURPLUS IS LESS mum ago Year 1914 Starts With Copper Cop-per Supply 12,000,000 Pounds Under 1913. The Boston News Bureau, noting .tho fact that there Is practically no demand for copper olthor in Europe or America for tho moment, and that in spite of Kiat fact tho big selling agonclcs hold firmly to tho price of 141 cento, comments ns follows: , With all that has been said regarding tha recession In business and Its offoct on tho consumption of copper, tha fact remains thut tho year 1014 darted out better, from tho statistical standpoint, than 1913, with a net decreaso In world's vlslblo supply of about 12.000,000 pounds, against an Inemtso of 12,00.0,000 pounds I for tho same month of 1013. In the United States alono thero was a decrease t.'ils year of 4,000,000 pounds, which compares with Incroaso in January, Janu-ary, 1013. of 17.SS5.000 pounds. Against this big liii-reuso in tho United States In January, 1013. tho foreign vlslblo mado a small decrease, so that net increase in world's visible in January, 1013, was about 17,500,000 pounds. This Is in ciulto marked contrast with January of this year, when, added to tho 4,000,000 decreaso In United Stxitcs surplus, sur-plus, the foreign visible decreased 3,000,-000 3,000,-000 pounds. Tho January domestic deliveries were only about 75 per cent of tho average for the 1013 year, but the foreign takings came to lho rescue. Deliveries for export were 123,000.000 pounds greater In the entire en-tire year 1013 than In 1012. , Wo .show In the following tables the movement of surplus here und abroad In January for both yearn: January, 1913. Pounds. American surplus increased., 17,885,000 European surplus decreased 300,000 Net Increase world's vlslblo. . .17,500.000 January, 1914. Pounds. American surplus decreased 4,100,000 European surplus decreased 8,000,000 Total decrease world's visible. 12, 100,000 |