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Show HIGHER PRICE FOR jl COPPER 13 CERTAIN i iiu uiLitJitae in mo asmng pneo 01 copper metal to 1G 3-1 conts per pound on Tuesday by ono of the largest lar-gest Amorlcan selling agoncles and tho advance of 17s Cd in London cop- I per on Wednesday, again calls attention at-tention to the Bteadlly rising metal market During tho past thrqe weeks London copper has adanced 0 pounds lis 3d, or the equivalent of nearly 1 1.2 cents per pound, say Thompson, Towlo & Co The Copper Producers' statement as of June 1, hi all probability, will bo favorable, and 17-cent copper would seem an early possibility. The strike at tho Baltimore refiner?' will have Its effect upon May production, but I to what extent can nol be definitely stated at the present time Purlng the month oxportn havo been heavy. I and, with domestic deliveries, should reach 130,000,000 pounds. Whllo It Is an extremely difficult matter to hazard a guess as to what the Copper Producers' statement will show when conditions aro such as at naltlmorc, where not onlr production has been affected hut where tho question of tho sailing of a steamer will make a difference dif-ference of 2,000.000 pounds In Ihe final results, we bollevo that a substantial decreaso will be made In tho surplus stocks on June 1. nnd that at least a 10.000,000-pound reduction will result. re-sult. Certain of tho Felling agencies, which up to Wednesdny had not advanced ad-vanced the price of the metal to 1C 3-4 cents par pound, early In Lho dar raised their quotations to that figure, placing oopper firmly upon a 16 3-4-cent busls. Wo understand i very heavv sales of the vnetal werq made at this figure both Tuesday aiul Wednesday by thrcq of tho largest soiling agencies. Ono of these Informs In-forms up that as a result of tho heavy buying at in 3-4 cents they havo no more metal lo offer at "this price, which would Indicate that 16 7-S-centa copper has practically been reached. oo N. E Maun has been appointed general gen-eral agent of tho Atchison, Topckn & Santa Fe, with office at Lcavenwoith, Kan., succeeding E. E Hook, transferred. |