Salt Lake Telegram | 1938-09-19 | Page 14 | Prices Hiked on 3 Metals

I Prices Hiked Hil ed On 3 Metals NEW YORK Sept 19 UP Lead U-Lead- Lead Ri-Lead- LeadIng Lead Lead- Ing nonferrous metal producers to today today to to- day boosted prices to new high level levels since early in the year Copper Copper Cop Cop- Cp- Cp per advanced advance a ton and lead and zinc 2 a ton each The price of domestic copper was raised 1 l of a cent a pound to 10 8 3 cents best bet level bevel since Janu Janu- ary It I was the second boost for forthe forthe forthe the metal this month In July there were five advances which raised the price from front 9 9 cents cent on July 1 to 10 8 1 cents July 29 The advances followed stronger markets markets mar roar in Europe The new quotation for lead is cents a pound which compares with witha wih a a. a 1938 low of 4 cents in May The zinc price was was fixed at cents a pound which also contrasts with wih a 1938 1038 low of 4 cents Some other divisions of the metal market were also marked by hardening hardening hardening hard hard- ening prices in response to larger demand Scrap copper dealers quoted 8 8 7 cents cent a pound an advance advance ad ad- vance of 8 1 cent This lift followed a rise in the price of export copper