OCR Text |
Show Zinc Prices Join Copper in Slump NEW YORK, Nov. .2). .U.E) . Zinc prices joined copper today in a decline to further new lows for the movement. Producers cut the price or zinc 30 points to 4.75 cents a pound, East St. Louis and 5.14 cents a pound, New York. Observers attributed at-tributed the rather sharp decline to slow demand and unfavorable aspects of the Anglo-American trade pact on the domestical metal. The duty on zinc imports was cut by the pact over the protests of domestic interests. Export copper was 10.63 cents a pound, C. I. F. European base ports, the lowest level in about six weeks, compared with 10.775 cents Saturday. |