Show CONSUMERS OF COPPER ENGAGED IN LIVELY SCRAMBlE Judging from the tile w way wy Y domestic consumers con con- sumers have been scrambling for copper during the past past few days they have greatly underestimated their requirements require require- requirements ments geat for the period up to he beginning of July uly Producers hold this view as a result of the onslaught being made upon them for large tonnages of ot copper They point out that the healthiest sign in the domestic situation comes from the many buying sources with a million pounds pounds' as asa asa asa a general thing the minimum tonnage sought Tune June copper has sold Bold at 2 27 cents July uly at 27 cents and for tor the entire entre third quarter at 27 7 cents An independent independent independent dent producer has just sold copper through the last halt half hal of the tile year at 26 cents Fearful of a big advance many AmerIcan American Amerlean Amer Amer- ican lean consumers have been scouring the market in their efforts to lay Jn In fl a surplus supply of the metal but the producing interests In such critical times refuse to sell sel more to a consumer than they be beleve believe belleve be- be lieve leve can be actually consumed in the specified time The New England freight situation is improving with refiners rushing consignments consignments consign consign- ments meats to Connecticut and other Eastern Easter manufacturing points against a possible resumption of the embargo So great geat has been the volume of copper copper copper cop cop- per sold told In the past pat week that producers have begun to consider price advances June copper has been selling freely freel at 27 cents a pound but an advance to 28 cents will wi be ordered within twenty four twenty twenty-fou hours unless a cessation of demand ap ap- ap- ap pears I The Tuesday business consisted of both domestic and foreign orders Being able to get top prices on copper for home consumption some of the producers have been accepting this tilts class cass of bookings ini In preference to the export queries with wih their additional details A good business has sprung up for lead led and good sized sales have been made by Independents at 8 cents a pound East St St. St Louis Producers say that some big tonnages have come collie into sight and should be under under under un un- un- un der negotiation very shortly shorty |