Show fOREIGN F COPPER MS TOCKS DECREASE fOR 12 r That the copper situation is clarifying is ap amply illustrated b by tho the reduction of at tho the surplus stock carried by tho the United Metals Selling company A considerable amount of its Is to pounds of oC copper stock V was K disposed of or at It 12 cents and tho the announcement IB is made that the th concern is in a very Cr strong po position llon to demand a I good god price for the metal for Cor somo some time All Al sales of oC the metal are ore being mado made at from to 12 cents cent and deliveries eel erles for March and April are lot considered In some ome quarters no fal sales s aro are being made for April Apri tho the being that a I better I price will 11 prevail pr al at that time Foreign copper statistics for Cor a month and a a. a half hal po past t indicate that the consumption consumption con con- abroad and Imports are running running run run- ning very cr close cose to a parity Tho rho Im Imports In- In un- un ports pors of the tho metal nr are art less than they wore around arund tho the holiday season seaon but buttock stock tock t taking and cleaning up of tho the years year's ers end business arc ar responsible In ln a large measure Tho The exports up to February February Feb Feb- 16 were 1 at tho the rato rate of pounds for the month Tho The price abroad ruled slightly under the home market markot for this period and tho the buying for foreign delivery delver in consequence W was 8 smaller Toward Toward Toward To To- ward the close close up tho the month exports oro expect expected el to Jump up as Is often oren tho the case throwing out of alignment all al earlier oar oar- lier ler calculations For the tho first two to weeks of o tho the month there was a slight alight decrease In tho the visible stocks abroad This will wll be th the twelfth consecutive O month that the visible and stocks in foreign countries have hR shown a decrease o. o the tho total up to February 16 being 6 pounds from the high highpoint highpoint point pInt is La II visible and pounds in stocks Following is a summary of or the movement mo of copper statistics during thelast tho the last two years ears and tho the current year ear to the middle mirdle of February Visible i j 1911 J JFe Fe February ruY 15 January 31 1910 uno I December 31 b 0 61 fj February 28 1909 December 31 1800 January 31 31 Increase Last three figures omitted I thre Chrs 1 between Provo Pro and Tb The latest recorded acquisition ie lor tor the purpose purpose pur pur- pose is is i the right to all al minerals that may be found in a forty forty acre acre tract owned b by iy James E. E Daniels and others in n Slate canyon for which a deed has r recently c been een given Ji en to tho the Kni Knight ht Iii In- vestment compan company Tho The consideration named in iu the Iced deed is i 6 |