Bisbee daily review., 1905-07-09
COPPER MARKET IN
 SPLENDID CONDITION
IN CONFORMITY WITH THE MET, AL IS THE STOCK SIl-
 LAYTON.
copPers Al! Showing to Excellent Ad- vantage. inviting Investments. George Walkers Boston commer- ciai Letter.
lspeclal Correspondence.l )

Copper is slightly firmer. Lake and electrOlyaic are still selling at 15 cents per pound, but the offerings are said to have practically dropped Out 0i sight and the leading producers are inclined to demand an eighth to a quarter of a cent advance. Home consumers are now buying for Au gust and September deliveries. and the foreign demand is excellent. China continues to buy copper ln considera- ble lots. It is now anticipated that the export movement for the month of June will exceed 20,000 long tons.
 Foreign trade advices state that dur ing the recent period ef duIiness and W veakness in the market for Standard. .or G. NJ. B. copper. there was a brisk trade in refined copper at full prices. It is declared that the new 10 cash pieces made of the copper bought for China are being rapidly absorbed by the Chinese public and that the ce- mand for them has not been nearly satisfied, indicating that China will continue to figure prominently ID our copper market for a long time to come
 It is learned that the bullion pro duct of the Amalgamated company's big Washoe smdlter has for sUme time past been loaded on the cars and shipped hot to the refineries in the east in an effort to supply the heavy consumptive demand and prevent a further advance in the price of cop per.
 The metal market is healthy and legitimate in every department. There are no surplus supplies, and none are sikeiy to accumulate. It is quite probable that copper may again sell up to IS 1-2 cents per pound. but pro ducers will do their best to prevent q } greater advance.
 Opposing influences have been at work in the coppers of late. A big | trading interest, undoubtedly the ad. vertising philanthropist who is under stood to have repeatedly declared that he would see to it that there was no bull market in the coppers, has apparently been endeavoring to cneck len increasing public demand for this ] lclass of securities. Copper Range has seemingly been used as a club to beat down the prices of other coppers, but every time that stock has been offered down ii has met the best kind of buying. t is now quite plain that : he will be unable 10 get Copper l:ange lower without losing a lot of the stock.
 It cannot be denied that a great many traders and investors have been : scared by flaming advertisements and ! disaster predicting bulletins They have caused some innocent people to sell their stocks at much. lower prices than they would now command. and gre preventing a great many others from taking advantage of the % --sni opportunity to buy copper stocks a: bargain prices. There is really no good reason for fear. however. as the va.ue of good securities will continue to be recognized even though forty or fifty more pages be added to the monthly magazine confessions oi me man who is short of stocks.
 i In connection with this. ! find in i my flies that it was just about a year aeo that Lawson made his first attack on Utah Consolidated stock. then sell ing at about s36 per share. He came out with a declaration to the effect that he alone was resOOnsibie for the advance in its price. that it had been simply a manipulated movement. that he had made sll GOO and was no long CT long or short of share of the