Show HIGHER IGER COPPER PRICES IMMINENT WITH A ABI BI BIGGER GER DEMAND C I The big demand for copper metal has baa considerable local significance for In addition addition additon ad ad- diton to the promise of or an un increased price for small producers It Is reported that Utah smal Copper may dispose of a a lot lotof lotof of oC Its output for next year The sale sae aIe If of course would be he through its is selling the tile deal is agency In New York and If i ceal closed close the tile company will be assured of ot a atop atop atop top price for its metal wi for a goodly portion portion porton por por- tion ton of 1912 1911 Of the tho growing gowing demand for the red metal one authority fays says frays Growing demand for copper and ancl shortage short short- age ago of supplies for tor the balance of ot this year ear have combined to advance prices with every indication that the wih cannot ever be materially improved before the beginning of 1917 November sales or ot electrolytic at 28 cents and an advance cent In asking price for December to 28 81 cents cent picture graphically the week end co copper situation n. n The e fn foreign i requirements already known know and in i the air in the aggregate aggregate aggregate gate an enormous tonnage efforts to secure se- se After having abandoned s- s cure a fixed amount of the metal for next next years year's delvery tons for tor the first Great nan halt half of or 1917 representatives representative representative- ui of Britain and allied nations have been buying buying buy buy- aled ing mg heavily of copper brass bras products and manufacturers of these thess finished goods have v in turn bought freely freel of raw Ite rah supplies The combination has been neen the determining factor in effecting higher prices During midsummer the highest copper prices ot of recent years were established with sales sates of or small email quantities 01 of electro electro- at 31 smal cents cens a pound poun That Tha this figure may be equale equalled and nd possibly exceeded ex ex- c eded is quite quie likely according to pro pro- who pin their faith to a I continued record breaking d demand for copper from mald both home and foreign consumers Foreign governments now want copper and will wi take as much as they can cn secure for forward deliveries They desire to conduct their copper buying as quietly as possible and as a result will probably make their contracts contract for quantities wll In varying amounts but hut sufficiently large Inthe in inthe inthe the aggregate to meet the requirements of their own plants now busily engaged in turning out munitions The September refinery pi production is s snot snot not expected to show much if i any Improvement improvement Im im- im- im provement over the August estimate i of between and O pounds c f but in t October provided no labor disturbances disturbances disturbances dis dis- dis- dis Intervene a substantial re recovery recovery recovery re- re covery should be made made By December at atthe atthe atthe the latest refineries should be up to their recently demonstrated capacity of or HID HID- pounds a month |