OCR Text |
Show STEEL ORDERS 1 STILL GOOD Spot Lead Limited; Is in Strong Position : NEW TORK, Aug. 4. The probaola effect of tabor readjustments to the shorter number of hours per day la th te trad I disturbing tnm tor In th ttotl market t th present time which, howfVfr, wcmi lo be considered a (staining factor so far as values ar concerned. Buyers r.re Inclined to b conaervailve but order continue to core In In fair voltim and th market Is tedlly held. Buy. r aro taking delivery on old eon tracu. whloh Is considered favorable. Th demand for pic Iron Is quiet but th market shows a somewhat itMdlor undertonje owing to th re-cnt re-cnt sharp reduction In production. Copper Showed further weakness during ths week In sympathy with a decline In Europe. It was possible to buy at 14 l-t rents and consumers showed a llttla Riort Interest st the decline. Ttn wss ssy deeptte favorable Monthly statements, offering of metal below a London parity falling to in lerest buyers. Lead was quoted at 50 with the Staistfral position strong and spot supplies limited. The outlook for fall trad Is considered 4etter. Zinc was dull and easy on account af unfavorable development la Ku rope an conditions. Antimony has quieted down conald-. conald-. anUtly - but pr.esa eaiamin 4lrmm swisf . lo bullish advice from Chicago, i |