Salt Lake Telegram | 1939-02-16 | Page 17 | Lead Price Cut to 4.75 Cents

LEAD PRICE GUT TO 4J5 CENTS NEW YORK. Feb. II LTV-St. Joseph Jo-seph Lead company today announced an-nounced a reduction of one-tenth of a cent a pound In the price of lead for Immediate delivery. The new price Is 4.TS cents s pound. New York, snd 4.60 cents, 8L Louis. The change was the first since January II last, when the metal was boosted one-tenth of a cent to 4.15 cents. New York baaia, from the 4.75-cent price set January Janu-ary 14. The reduction earrlea the price back to the low for The 131 high for spot lead was S.10 cents a pound and the low 4 cents.