Show COPPER ME METAL At IS V. V HElD CENTS S J DESPIE One for the thed of the tl reasons assigned fol d dullness in the tho coppin copper m ta I 1 market marlet market market-is Ms is Said to be le Ie the tho anticipation i vt f tho year yearend yearend end inventory by consumers For this reason they ther desire to have as small sinai smal a astock astock astock stock as possible on hand Sales have ha been becI very limited lied for some time tinie and some Rome of th thc tho small smal dealers 11 have vo been placing orders f foi- foi l' l laJ lots luts at less than 13 lo cents These deliveries eries have been booked for fOI t this lila month til and alJ January ry but the larger tho-larger larger sales agents ts ro still sUB holding to 13 cents a pound On Monday of this week weel it i Is said that some good sized or orders ers were filled fled at 13 celt cents These hese deliveries are to be bo ma made c cin in February and be beyond ond this time no orders orders have have 1 been hued filled The Tho temporary rc recession in prices lids his not ot altered the position of tho the l largest sellers who arc are prepared cd to book big contracts for fOI future deliveries They have held firmly for 13 cents cents and and they twy aro are receiving this price During November No the tho average price of opper for both lake and electrolytic was wasl l H cents and cents Cents respectively as with for lake lako and fo for electrolytic fo for October Tho average in il electrolytic was the tho best since last March while lake lako made its is best record rec rec- ord since last Jast April Apri While some somo encouragement can be betaken betaken betaken taken from these theBo figures it must be borne bore in mind that some of the copper properties can cati show shw little profit at prevailing prices It I is no secret that unless a cent 11 l copper market is provided pro pro- vided quite a a few of the producers will willbe willbe wi be unable to earn operating expenses but the tho low grade m mines les with large ore deposits are making fair profits a and nd can continue to do so as the thc Average cost of production is between S and 9 cents a al l pound und A Actable table Showing the average average prices of the tho metal for the first eleven months of 1908 o Q is herewith given |