Show COPPER PRICE BOOSTED AGAIN NEW YORK Dec 22 UP Prin JP-Prin- Prin Principal Principal c cipal producers Tuesday raised the price of copper for domestic use ue to 1 11 1 1 8 5 cents a pound from front 11 1 cents cent The new quotation is the highest s since ince June 1930 The une cent 11 cent 1 level was established December 14 1 when the price was lifted l from 1050 cents Tuesdays Tuesday's Tuesdays boost came as the climax climax cli cli- cl- cl max of a broad upward surge in nonferrous metal pr prices es throughout the fall fal which has brought to six and year seven-year highs the te quotations of zinc lead tin tn and copper for export ex ex- ex port port Copper for shipment abroad got another boost Tuesday rising to meet the domestic price at 1162 cents a pound a top since July uly 1930 when 1180 cents was reached The climb of the industrial metals has been ascribed by experts to a combination of increased usage flowing from improved world business business business busi busi- I ness and to extensive rearmament programs abroad The New York price rise followed earlier earler strength in copper in Lon Lon- don The quotation for spot delivery delivery elv ery on the metal exchange there rose the equivalent of about a ton the closing range being equal to approximately a ton During 1936 the price of domestic copper has been jumped 2625 cents cent |