Show YEAR END COPPER IS AT 25 CENTS Price Is Highest at Which Red Metal Has Sold This Year BOSTON Aug 4 EI Electrolytic coP copper J for December shipment has been boke booked at 26 cents a a pound the highest price e at t 1 t which the metal has ha sold this year t Requirements of ot manufacturers hv have f been filled fled for the time being and al l J In new buying has resulted There hav have I m been price concessions offered but only in a a small smal way It I would be difficult today toay to buy much spot copper below belov 23 23 cents cent although current business has been ben booked both at 23 cents cash and 23 cents delivered i 30 days r Germany Gerany has purchased a moderate moderate- amount of ot copper in this market and 0 shipments are under way Metal Is I also being bing shipped to Franco France and England and throughout Europe generally The American Metal Market says The contract which the government entered entered entered en- en I Into with the United Metals Selling company on April Apri 10 for tor the disposal disposal of Us Its Is surplus stocks of ot copper provided for the delvery delivery of not more than pounds of refined copper and pounds of scrap copper the copper wa was to be delivered at the rate of ot ponds per month from April to January Inclusive and pounds per pel month from February to June 1920 subject to the condition that should Mould the total sales by the producers represented by the f United Metals etal Selling company exceed pounds a month from April to January of ot pounds per month from February to June 1920 that the te deliveries de de- de liveries by the government would be bo In Increased In in- increased creased crease by an amount equal to 20 percent per percent percent cent of ot such excess that the tho copper should for according to the monthly average New York price for tor else elec copper as a quoted by the Engineering Engineering Engin Engin- and Mining Journal Joural It I has ha been officially announced that all aU of ot the copper covered by this contract has been sold and th the deliveries during duing the three months ending June are ae said ad to have been as follows April a pounds at cents May pounds at cents June pounds at 1761 cents or an average price of ot cents per pound for pounds pound |