| Show r I u u u Lii COPPER PRICES WILL CO 00 HIGHER FIlCHER Prediction Made That It U Will Reach 14 Coats Cents Per Pound OF AN AGREEMENT HID he anil Itie be fill Iu n ft on the copper situation the tho Financial News NeilS of ot New York gio good reasons for Its lIe belief tint that t th pilco Ilce EiCO of oC that metal II Is goIn to Improve all 1111 at of which tends to give on cn to Utah copper cupper maine milio own cis I I It a it I on of lr af the tIme of an between r and the Iha demand for It In tho manu It says ean Tho infliction l h freely frody made In well that the recent reent ad advance vance In In Ia only tho the prelim preliminary inary of a much fui thur lr Ir r that stock file fhe recent buying Lulng la k l currently credited to time tho fact that th gi at copper producers have hare come to tn toa a 11 a 1111 t which provided for to tho the gradual advance of o thu of or the th metal to 1014 14 cents a pound I r rb h in b 1 pointed out that the time with lie Its new smelter to be bo one of at the th finest timot at In tite Iho la 18 i In JO a II position to take full advantage of It that Wo We Vo 01 ave aro e advised also that the thc Ana Alln Hildas to 40 reserves are arc richer anti ami fur than the tho general pub Ik Ha 1 An authority on Oil Montana trine a inca II mining ua us that time the liaR HUH only just begun Legun tp to level oi OJ them There here Is Ii another element In III the tho cop cat jer situation which we believe haa has not noL boon bomi discounted t The Che demand for fOl or cup copS pir Pr to have hlo about overtaken again The faLL fact U I 1 the timi de dt chile cinie In n forced many pro mu mines to 10 shut abut down and the up lip that copper collier production would be b no tee great Brent throughout the coun lOun country country try tr last In I year lear that thai a large lorge surplus of oC the would ha accumulated d R to proven unwarranted In many nue now new mines have failed to 10 show up the time ore bodies anticipated In 11 a n num lIum Lem of others time the cost COlli cumm of o production has haK wiped out all prospect ot or profitable re ro returns turns Jt It hits bus plainly shown ehon that lint 1 jacket furnaces and nM smelt smell tra rim of ot limited capacity cn no b ti IJ rolled for resit wholesale methods of ot treating ole ore not only present Irp eul much greater Advantage limit hut a few ell exceptional cases cusee omitted they Ihl have havu ha virtually put mae email copper producer out of ot business thus hue eliminating no vol volume 01 ume of ot production It Is Ia likely likel however time the hoot ant Influence In Im the metals market l I llie Ithe ie time the lie enormous electrical development In n progress and projected throughout the lie world roads roa ls are changing to 10 0 electricity and not new Interurban roi h i lines are Arc 11 being built amid equipped at al 1 such spelt a n rate that It Is III to ket It p 11 rack of ut them the use ue of oC elec power In Intramural ton ion Is III extending even faster miter and nOlI the time of at electrical apparatus In III InIn Ih In equipment of ot building and ammO In man lecturing establishments la is fully keep mit ng pace wRit with wih the development of ot Glee elec traction All 1 Ii of n this thia calls calia CUS for fer or oer eer Hr quantities of ot all copper ord the statement that the demands s of ot g Industry business and tho time arts fo br or this metal I for which there thor Is i no n at II ut at li only their beginning 1 does not seem se 1 a I wild wid one We Ve WI 11 Ille believe lev lInt hat the current prices nf ot the Ihl great It voll equipped copper prop r I of ot which hh the thO Anaconda Is II In ni nany ny the b It beat t example lIlt do nut not conditions In iii being Ind mIRI operative In II the Ih market mark t for th and anI that they the are ar far below tInge rote which a 1 fair tall and III Intelligent con consideration cn of ot the future fully rents Ie nu fiR tuly wan wai wanIe |
