Show rai PK MET At is SIRO IN FACE oi Of J BIG BEG DEPRESSION another share adi adIn ad- ad r t metAl mAde road shao For tho the this morning i In Er n w k k th the tho market ha hu been n strong n reported o as high a as 16 1895 aaita W ere re Q a i t a a pound pun Some omo have havo asked nta SOT for th the te and the price has haa haJ haJt e rn at nt lS cents p t In Inc Inie Authority wy that the te anc ac advance ie c M of th the metal has baa ba been en due to the i tendency tt of copper warrants waz d d. which have advanced several at I per ton on since tho first fIrt fist of the Hut But pr the wide fluctuations In cop cop- prIces Jut broad abroad are not liked by the thee e pru and nd the of opinion Is he that a te is i more moro in evidence than tn it I I tn time past tsen tor some pt L t tb the moment the te copper situation is Ia ison and statistical stand stand- on a price Int nL If there ther ther T I II to b be a general depres- depres It n in I copper cannot escape espe a st ck ek and nd shutdowns over the I d. d In months month have b been teon on the tho elva salva- salva Eon i of the the the- copper market Had Mad the tho mines mince mine i to produce pruce copper at R ft r record oN Freaking rate rte lB tn the average price of copper r ru uld have be ben n much lower The u 0 hv view new In of ot the National Con Conduit ul the position of oC copper can ble bie Co C. C on cn taken as ac a composite view vew of or in general The They b bellevo levo 17 li c cent nt copier cop cop- ier T r whIch represents 1 a net nel profit to the companies of or between 75 ir 6 and lu andIs H Is per cent is Ia high enough enough and that tat a ater advance above that level would ault ter In cutting down dow consumption and conditions in general enor fit Ut urn la Is pointed out Ott that it will wi not be beany any nany months month before fore all al th the large copper I bee Int will wJ b be in operation Including lr the I Ine Bines itt of or th lake Jake district dietrict A As Ae copper ne l' l reduced scale ecale on a greatly been bun running at the the- rate of moro more moron morea nan n a pounds a month record king outputs may mar be In evidence e a an anwon 3 seo won aJ u normal norl mine conditions prevail l. ln Bit Jt is Ia yet et too to earl early to forecast th the shown show show- shoW shoW- i n of oC the tho cP copper r producers producers' statement for October but so far It does not nt look lok as aa a though another big decrease derce In stocks to be reported Many producers look for ox or a email increase while whilo others say eay sy her ee will wl be very ver little chango change either eat ay The foreign In Industrial situation la Ic II fv- fv ng aoma Ime concern concern While copper stocks atocha f Jve ave decreased abroad abra in tho the face tace of record breaking braking exports Germany and andOr Or Gmt reat rr at Britain are passing through through a R very were severe er depression slon In certain ln lines lipes of or bui- bui neis Ju particularly steel It I IH le difficult for forthe forthe the fe trade tude to reconcile those these adverse factor fac fac- tort tor lOr and it 1 is le because of this that they look for an increase in foreign copper Ik if It exports continue at the rate re reported re ic- ported rte over tho last Jast few months |