Salt Lake Telegram | 1936-04-14 | Page 23 | Copper Entrenched at Uniform Price

COPPER ENTRENCHED AT UNIFORM PRICE NEW YORK April Apri 14 1 UP The JP-The The domestic copper market began operations operations op op- op- op on a firmly established 9 91 cent a pound basis toda today after cont contending con con- t tending wih with two sets set of quotations for around two months All AU leading producers and smelters rs joined In the uniform higher quotations quotations quo quo- including Copper Cop Copper per company and American Smelting Smelting Smelting Smelt Smelt- ing Refining company the two companies that continued to quote copper at 9 91 cents cent from February 15 until yesterday despite despie the 9 91 9 cent prices price's s posted by Phelps-Dodge Phelps corporation Anaconda Copper MinIng Mining Min Mm- ing company and others Coincident with wih the new basis for lor domestic m met metal e t a I 1 export copper moved to a new new high level since 1931 with wih modest sales saes reported at cents a a pound c.i.f. cf European base ports