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Show loo:i copper is advakceo to 16 1-4 cpus per pound Tha copper metal arena tlsw waa much better today. LonSoa quotation ekowlne that tha battar grades at taetal war ooca-MuaOjuj ooca-MuaOjuj 1M eecrl a pound. It waa alas reported hat rtielpa, Deaxew Cw. had aoM Uitr sroduotlea wall lata March, which maana tkat lor rmaaadiata dellv. arlaa tha eanoumara will have ta Pay battar prtcee tha a have aaaa ta exlet-aoa exlet-aoa for esvernl aay. a waa tha rtMlpa. tVidaa A Co, aonoam which tin-darout tin-darout artoaa In Buropa and araclaltatad tha bt( alunrp la tha markat. It ta rial mad that tha L'nltad Utataa Matala (Vrlllna and tha Amarlran Smalt- tng and Reflnlna eompanlaa have stood firm and that they neve only made fractional frac-tional prioa c linnet ona. As a result af th heavy aalllng by Phelpa. iHxIse 4k Co. there wara aaya last week when I.-oo.oo I.-oo.oo to ll.doa.au pound of ooppar war sold. Oooaatotially there were day wtiaa tha raanilar prtcea era paid, a tna largest consumer in both this country coun-try and Buropa have allowed their stocks to baoomo entirely depleted. Tod near aaka rather a mora cheerful cheer-ful view of the outlook, for ttiev claim that tha war clnude In Buropa have been the graateat drawback to tha market, and that thla condition will be righted at a tlma when the refined output shall be curtailed considerably. This would make for higher prices for ths metal at a tlma when ths product could aot be unfilled. There la no aerrat In tha refinery re-finery opera t lone, for the emeltera do moat of their work In th winter tlma. when waather condition ere most favor-abls favor-abls for turning oat a tars supply of th metal. Production fmra tha mines this wtntar m certain to enow soma contraction, and for aavaral months tha copper produce re' etatemant should show a decltntna refinery re-finery sutmit. This Is due In soma de- Pve to ths sinks whu-n tied up ths tah and Nevada production for a couple cou-ple of months. rlnos work was resumed on sheea popart I aa tha ' production haa been about M par oant af ths normal output, by raason of ths Interferences of ths winter weather. At title season tha mlna product ta alwaya reduced considerably con-siderably In all properties throughout the country, and the refineries will som have to operate on a short supply of metal. The Balkan troubles will doubtless he adjusted when least expected, and thla will mean a resumption of big copper buying on ths continent. Tha whole situation sit-uation la clearly more hopeful and the matal Block a raflaot thla condition during dur-ing tha day. |