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Show CONDITION OF COPPER TRADE w -REGISTERS IMPROVEMENT Demand for the Red Metal Picking' Up; Lead Also Enjoys Excellent Business Both in New York and St. Louis; Zinc Sluggish Demand for Copper from domes i;c consumers in the first week of ' lie new year showed a fair degree f iniproycmeiit..,Tbe tonage' sold was not so impressive, but the volume vol-ume was larger'than for any week ince the middle of 'September. " "Most of the busines . booked was fur Jnuary and Fegruary shipment ! t oi.e lot sold for the February . iarc li position. ; i 1 he improvement in buying-was ' lino itli 'expecttions and- fab-ricators fab-ricators approaching - the point . here IVbrifry eon.sumptive re-!uircmentsi re-!uircmentsi will i(aye to be taken n earnest. I'Jho jsales curve is exacted ex-acted tofliove up overthe remain 'er of the month. All Of the busi-;'ss busi-;'ss placed was on the basis of !S"dj'livcre.d'in the east and' 18' in the middle west. it. Louis, the former Talao being h-! cimtriict price of, the Ameri-im Ameri-im Smelling and Refining com- any, " Chemical lead m the east, . .iikh, has heretofore sold at $1 r ton iihove the Ne"w York basis '.' r desilvQi'izfd' is now quoted at h- full freight differential of 35c 'Cr: 100 "pounds' -'abOve St, Louis, n the N"ew York district. Corrod-;rg Corrod-;rg grades continue at $2-at- $3 :icr ton premium over common lead. - 1 . Demand has been Veil divided , .'tween January and February, .'th good tonnages going to the : dile, ammunition niixed metal rid oxide and white lead manu-'actiirfrs."; manu-'actiirfrs."; .'-Producers, in general, lave already sold their expec'.d Jiinuary production', so further or-r or-r most tiB filled from stock. The statistics f or , Decembei J tvhich rc due shortly, may; cause ome he si aucy on-the part of the : c"onsaftifrs, 'but that -stocks will sho'w another" substantial ,airi il; .veil underst.od, and, this .develop-went .develop-went has been more or Tqs discounted. discoun-ted. .,. , .i' Export demnad for copper during dur-ing the JiVeek wasi fair. Foriegn salra'closed since. the iirst of the year amounted to 6500 .ions. The " copper exports Inc., continues to ':note 18.30 c. i. f. usual European jir.rts. Weekly average, 17 775c. The unfavorable statistics foi December, coupled with a -rather indifferent demand, brought out p. low er price level for zinci Some business went through as low tn 5.25e,: Sj. , Louis, but all jsellen were not anxious to quote On thi basis. In fact, most of the busi ress placed during the week waf jit prises ranging from 5.375c tc 5 40c, , Sentiment in the marke" seemed to improve toward the close., Production is expeqted tc meet 'with some check at prevailing prevail-ing prices. Anumber of isellers v ere not at all disposed to push business at present prices except for - near-by delivery. Weekly average, St. Louis zinc, 5.353c. . , .. -. ...-, :. Lead Active .;', ,"i -The lead market has resumed the mid-December activity 'that was slowed down somewhat; by the holidays. All sellers report excellent ex-cellent business , at "unchanged prices, fi.25c New York and 6.10v vhich is adequate for the purpose, hotdd present demarfd continue, poduction, recently .curtailed, ould have to be; speeded up, Aough it seems logical .that the .r'ie'e , Would be advanced firs !"lowever, producers are cautious vtout considering any advance un- il they have assered themselves 'hat it ean be stlst'airjcd. The low rice of silver and zinc commonly i'ssociate-d metals, is likely to have -:ome adverse effect on lead production. pro-duction. ' ' AU led stoclis held 1)y Desioge Consolidated, absorbed last sum-nqr sum-nqr by St." Joseph Lead, have nuw x'cn sold. Weekly average New : iTork lead, $0.23 S:. Louis lead, ?6.10. Tin Stronger Though the price of tin shows io tendency to go above 40 cents he tin situation gives signs of im- .. iiroving. " Demand for prompt has lieon very good this-week, though fnc seller has done, the lion's -hare of the business, with a considerable con-siderable improvement reported in orders from t he automobile industry. in-dustry. Tin plate manufacturers jure also coining into' the market , Tor-both prompt and future whin- 3 ment. .Production stems cert.iii to be curtailed tliis jonth, which diould prevwii'a further decline .. price. . Some Cliine.se l9 per . . 'on tin has soM fit a concession i -f 1 cent Jiclow straits. Week'y ;; i vera go straits tin, 3Ll.lO.1o. |