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Show GERMAN COPPER BUYING A prominent copper mnn says: " PP "The domestic copper situation is close ly wrapped up with German industrial condition, because the principal brass and wire works of Europe are in Germany. "The Germans formerly made the bulk of the brass articles and the electrical machinery used in Europe. With American Amer-ican dollars at such a premium, Europe cannot afford to pay us for copper. Europe Eur-ope must in other words buy where exchange ex-change is most favorable. The only large manufacturing nation in regard to which s-w Europe's exchange is almost universally advantageous to buying is Germany. y That is why Germany even now is the key to the copper situation so far as it concerns con-cerns Europe. f "The reason why Europe is buying so little copper is mainly shortage of coal to '" operate factories.7' Mines are working long hours, howev-- howev-- er, to produce the coal which will permit f full time operation of factories. |