Salt Lake Telegram | 1925-10-12 | Page 11 | Heavy Domestic Copper Consumption

H Heavy avy Domestic Copper Consumption The rho market for copper has been moderately moderately moderately mod mod- active the past pst few days at 14 1 K cents delivered for shipment during the thelast thelast last two months of the year says the I Boston t News Bureau r Considerable de cophas cop cop- I I t iper has been taken off aft the market at 1 thes terms recently I Deliveries against contracts contracts are going forward in large lare volume Brass Bran mills I aro are very busy buy and some Important new orders have been placed with wih big manufacturers manufacturers manu menu in the valley valey Heavy domestic domestic domes domes- dome dome- tic tc consumption bids fair to continue indefinitely Movements l in 1925 1025 represent pr a g great x si nen in consuming o I quarters ie s. s and eJ eJe a e wonder is Js that market values values are not higher Shipments since January 1 have been on a a mounting scale and it will wil be surprising if September statistics 10 do not show another substantial de s crease In surplus stocks tocks American surplus reserves are now so o low that even the most conservative i buyers are watching tho situation close close- I ly II A little stiffness the part of tt E sellers her would soon re rele clear le the outlook I o oe Expert pert e opinion holds ds that the te market a has been artificially easy et for fot the h past two weeks Speculative London ha has pursued Its usual policy for bringing prices down to suit sut Its It ideas by open market operations But Europe will wil necessarily be obliged to enter the mark market mar- mar k ket t. t for direct shipments shipment from the United States