Show PRICE OF EXPORT I COPPER ADY ADVANCES ANCES NEW YORK May 10 IP JP Domes Domes- tic fc copper for lor export attained the highest level In more than a year today tolay to to- lay day when it reached an equivalent of 8 8 cents a pound c c. c L f. f European base ports I Pers Persistent accumulation by European European Euro- Euro ean nations that have been engaged in n a lot of oC war ar talk to together ether with the he curtailment of foreign production production tion lion were believed by American coper copper copper cop- cop per er quarters quarter to be responsible for tor the rise ise Under the terms of an agreement entered into in New York several months ago ego production of copper outside out out- side ide of the United States was curtailed curtailed cur cur- tailed tons monthly effective lay May 1 1 While no official view could be obtained it has been suggested on several veral o occasions recently when the firmness in copper stood out against relative weakness in other metals that bat considerable stocks were being earmarked d in this country by Euro Euro- can interests acting for their gov gov- The price for tor domestic copper for tor home hom ome consumption is fixed at 9 cents a pound under the N NKA R A code but could be raised o of course should the world price make such a step sar ary sary |