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Show DORMANT METAL MART QUICKENS NEW YORK, Aug. 4 CW Non-ferrous Non-ferrous metal markets, dormant sine th crackup in commodity prices last spring, showed signs of renewed speculative as well as consumer con-sumer interest Wednesday, The gap between export and domestic do-mestic prices of electrolytic copper widened to .623 of a cent a pound, with the export quotation 14.623 centa and th local 14 cents. A spread of over a half cent in an active market often has proven a forerunner of an advance In the domestic future, but the trad currently cur-rently anticipate no lmmediat domestic do-mestic mark up. Leading producer Wednesday Jumped the price of lead Vi of a cent to (.23 cents a pound. New York, the first change sine April 7, last, when the quotation was dropped 1 cent to ( centa a pound. Continued small line production, coupled with increasing use, has substantially lowered visible stocks, firming that market for potentially potential-ly higher quotations later on, deal-era deal-era hold. Speculative interest In th non-ferrous non-ferrous metals was generally liquidated liqui-dated around two months ago, and sine then copper, lead and sine dealings have been mainly consumer consum-er and dealer transactions, according accord-ing to th trad. But renewed activity In copper, coupled with the boost in th price of lead and th scarcity of sine, provide good ground for belief that speculative interests may be taking a hand in the market again, clos observers said. |