Salt Lake Telegram | 1925-01-25 | Page 22 | Metals Show Easier Tones

METALS SHOW SHO EASIER TUNES TUNE L Slack in Lead Due to Larger Supplies W i i ii NW olE NEW YORK TORK Jan 24 The C. The 1 l nn 1 for r finished steel teel is fair f although bust bubl- has not assumed any pronounced Production however ha hae hac been heen further enlarged at an l mils mills are v vry ry busy buoy on old orders Prices am very and show how an upward tendency de- de J. J Increased offers ro from abroad and and e evidences of Increasing foreign tion riG Pig Iron Js Jo very firm at the reent re- re J cont ent advance Furnaces are Retting gettIng ome ore good god orders order and outside offers are influence v little If it any markets attributed in foreign market VP to liquidation of ot speculative hold- hold stow Mow doand do- do her vers combined with continued JV and for domestic consumption cona were A by an easier tono in the COPS COP'S copPer COP cop- S 'S n Per er market here this week Trie shadi shad shad- hadIn i g by second hands bands and custom smelters In era eT unsettled the market but it appeared op ap- K eared that the cheaper offerings were being absorbed In small smal lob lots loti and the I ton tone of the market was wae steadier toward the end of ot the week owing to rallies rales In on don anti and the Crt further her advance in sterling atoning exchange Tin was wea WIS temporarily affected l by the sharp rp slump I in iI lead but consumer were rood good d buyers on rece recessions lons being encouraged encouraged encouraged I aged by the falling off oc in straits shipment ship- ship and firmness in sterling exchange ment and price showed hoed a a. slight alight net gain galD nc 1 Lead was cut half hal a I cent owing tov to to- v more flOra available salable supplies for prompt tore shipment and the possibility of Mon tion of ot Mexican nodal metal n etal declined as the result of a a less les active demand but toward the close of or th week displayed a et steadier tone In lii te sympathy with a better belter beter e feeling abroad Antimony was fasl easier r despite sm small 1 of offers ot- ot I Zero fers for quick delivery delvey owing to evl evidence evi frs dence dences s of at increased production in Mexico Mex ico and Bolivia in inspired by the Chi Clot Chinese I nese ue situation