OCR Text |
Show COPPER SITUATION IS WIMBLE The inquiry of the French government sent to the war industries board for 200,-Ooo 200,-Ooo tons of copper carried with It an agreement to pay 2$ cents a pound or a certain portion of this big order for quick delivery. The balance was sought at 21) cents a pound. Under agreement between the board -and the copper producers, pro-ducers, however, no more than 2G cents a pound can be accepted. Pope Yeatman. in charge of tlie meLals division of the war Industries hoard, has been in Europe for a few weeks. It is understood that while abroad lie will confer con-fer with various governmental representatives represen-tatives concerning their probable copper req uirements. At the beginning of the war England and France bought their copper in this country in large blocks and. for distant deliveries. This no longer was necessary after the United States became a participant par-ticipant and took over control of the metal. Since that time, with the knowledge knowl-edge that the United States would look after their requirements, a very large part of all purchases has been on a month-to-month basis. Boston News Bureau. |