Show ON MEALS METALS SITUATION IN IN EAST NEW YOm YORK May 3 21 Copper C me metal l market dull dul and featureless Prices of oC lend leading In agencies unchanged at al Among second con hand dealers concessions are being mado In proportion to tim the pressure to soil sell cl Reports of sales salea of small lots Iota at reductions I are common Big Ig pi producing educing Interests assert aser tha that strength of their position Is 11 In their ability to supply large larce amounts needed to crr carry cam out bl big contract for or war materials ma which mills bus tennis on mis are busy A copper says man that that If it the price of spelter passes that of copper the tho latter metal will wi be substituted for Cor brass brans wherever possible possible An export expert analysis of the coppet coppel shares hares estimates s that when producing full Cul capacity Ray nay Consolidated ted would woul not earn l teas less ss than 1 4 t per share share- In a 19 cent metal market If I the tho lc price should bo be maintained for Cor an any considerable consid consid- erable length lel th of time as It probably will wi Ha Hay Itay should resume not nol only Its former Cormer dividend rate rte but bo be 0 able to pay at al rate rte o of or 2 or 3 per pcr share sharo and arid Is on one of tho the cheapest of or c coppers Exports of or copper from the Atlantic seaboard for fOI or tho week ending May RY 20 o totaled 1357 tons Since May tny 1 I tons corresponding period last year car ton toni tone I Wo We 0 are aro told that Butte Hute Superior has refused offer to sell eoll sel pounds of ol speller spelter per per- month for one r year at 16 16 cents 11 |