Salt Lake Telegram | 1919-11-11 | Page 12 | 20,000,000 LBS. of Copper Bought by Germany

I lBS OF COPPER BOUGHT BY GERMANY 1 Price Paid for Metal Said to Be 22 Cents Delivered Delivered ered in N New ew York Mich Nov 11 One One purchase of ot pounds of Lake copper for German consumption may be authenticated This purchase is not dependent upon the signing of the peace terms Neither is it de dependent de- de pendent upon pendent upon American financing It does explain a decided change In sentiment among among certain Michigan producers relative to the future of the metal Ten Ien million pounds has already been I forwarded to Buffalo by water The remainder will go forward by hy water within ten days from Michigan 1 ports It H is known that this lot Jot of ot pounds of Michigan copper Is part of ofa a much larger general purchase for German Cerman manufacturing usage It is understood that the price paid Is 22 cents cent delivered in New York Arrangements for immediate reshipment reship reship- I ment to Hamburg are understood to tobo I bo ho dependent upon Eastern interests who are not appearing in the business I arrangements at the present time