Salt Lake Telegram | 1916-07-22 | Page 7 | Copper Buying Field in Possession of Fewer Hands

COPPER BUYING fiElD fiElDIN IN POSSESSION OF fEWER HANDS I. I Telegrams received in Salt Lake today from New York say that there was a a. I better demand on the tile copper market leading agencies intimating that a good business could be done if they would shade their prices which are around 29 cents for October and 29 cents for November The agencies however are said to have luave refused concessions as a consequence conse conse- quence o of w the days day's trading was H do V Ve confined d do to o resellers ll se and second e hands for the g nearby latter quoting and I forward r ri electrolytic i deliveries rl rl at From Boston the report came that In Inthe Inthe I the absence of big business In the copper cop cop- cOPper copper per market the tile smaller producers have havethe havethe havethe the field temporarily to themselves During During Dur Dur- ing the tile last few days sales of electrolytic copper for delivery next January an and 1 February l have been made at 24 cents New York bankers buying for the al allied allied allied al- al lied European governments have been heavy purchasers recently of brass goods and are understood to have finished this week This is expected to result in some additional takings of raw copper against requirements