Deseret Evening News | 1907-05-28 | Page 6 | Daily Copper Letter

DAlLY DAILY COPPER LETTER James J A Pollock r Co bankers and brokers furnish the following owl 11 11 received over U their private wire witt title tills afternoon Houton Tho Tue hu local market opened weak weal reflecting the break in lit thu the London prices for lor the metal The Thc strength In the ut York lint how lion however ever soon oon began be nn to make Itself felt lt here and the tue local list hit lI t hardened per Pal iti III S Ariz led tile the with a II gain of 01 about 3 I points while Copper HaliK and Wol each cuch milled rn III II n ii point The Th market t closed clo d weak The metal market mallet COt con continues practically unchanged and auth the ito immediate future for or copper shIes shares depends more mOIo upon the action of ot the tho Now Nest ow list thun anything Iw else cite el r anti and Weeks The fhe Ely I I Witch some sometime sometime time ago that the Ito water titer struck in the curried considerable copper Tanks ranks have been built and ami theto lIe aro tilled hued with water rater wat Old Oh Oh cans callIS and all pieces of oe tin aro are thrown Into litto the tanks tho Iho copper coppet precipitates upon these the I J 1 Hodgson A 1 T W cv and an l other othel Salt Lakers forming the Iho Federal F Ely Eb company operating nt at LIly Ely 11 are aro rejoicing over a lilt bit of good goodnews news neils received yesterday At a n depth of cf 61 fell feet the tho hi bottom of ot the th shaft In Inthe Inthe the thc Queen of the tho Vest et Is entirely In Ina Inn Ina a n ore 0 carrying good Copper epper l values ulues Another and tunnel In other oIlier portions of or the lie property matte make It I icek like Ilk n coming shipper