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Show H r'ZZ u 1IKLV KOU WK8TKRX M1XKS M Js$r.ijlyE, , rians hare w completed Tor financing the sale. H C ';;. for ("sport of 400,000,000 pounds of nurplus copper H '!'&&. In this country, Forty million dollars eight per cent B rfi'cr notes will be iR&uod by tbo Copper Hxport association H &'&)( .' an offered for sale to the public with tbo above fef amount of copper ns security. This Is said to bo tho first largo public loan mado In this country to bo secured specifically by a certain amount of. an essential commodity, ns well as tho first big movement by Amcrlcau companies to tako advantage of the opportunities offered under the Webb export trade act to Invite public participation In the financing of fotelgn tiade. Copper has been n drug on tho marke't In this country since the close of tho war, due to the Inability Inabil-ity of Kuropcan consumers to take their pre-war requirements re-quirements for lack of financing arrangements, lly this plan sufficient credit can be extended to Kuiopean buyers to enable them to tnke our copper and thus end the stagnation which has been depressing western metal production to the lowest point in years. |