The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-06-20
Copper Outlook.

Tho National Conduit and Gable Com
pany says Despite disturbing conditions
and tho uncertainty due TO political and
business unsettlement. the market for cop
per has escaped the extreme depression
of former dlscouraging periods. a nat
ural gradually increasing domestic de-
mand would change the situation In a
comparatively short time. But from pres
ent indications the return to normal con-
sumption must wait until the course OF
events is more favorable for Industrial ex-
pansion. Deliveries OF copper for domes-
tic consumption last month were $500
40 pounds, compared with Sl,10s,32l
pounds In May, 1913, a decrease OF 3d.
5l6,l5i pounds. For the first five months
OF this year the quantity OF copper deliv-
cred to domestic concerns shows a falling
off amounting to 67.323.3s7 pounds. in
comparison with home deliveries made for
the first five months OF last year. A con-
sideration OF the figures will reveal TO any
fair minded individual OF ordinary mental
calibre whether the shrinkage in American
brass and copper manufacture Is 'physcho-
logical or actual And II Is a notable
fact that while United States copper con-
sumption records such a large decrease the
shipments OF American copper TO foreign
countries for the Ave months ended May
81 were 416.472.543. or 100, 0b6.77s pounds
greater than the deliveries into domestic
consumption for the same months. In
normal times and under suspicious condi-
lions this country Is able TO consume over
so per cent. of It's product. but lately we
must look on and see Europe taking the
bulk OF copper from our own mines to
keep It's industrial plants forging ahead
while our mills are forced to operate
under time"
The trade reviews comment on a grow
ing confidence. not measured equally how
ever In development Of actual business,
which continues slow.
Dun's Rouieto says: coincidence re-
mains mistaken. and while conditions are
not wholly satisfactory. yet the volume
OF trade Is very steady. The promise OF
bountiful harvests Is the factor of most
weight. betterment In the dry goods
market Is a feature In New England.
Large sales in many lines have been
noted and operators In the great agrl-
cultural regions OF the West and South
west are displaying decidedly moro In
terest than previously. Worsted mills are
busy and some manufacturers OF woollens
are actively engaged, with prices steady
| because OF the frmness In raw wool. The
latter remains very strong, as the supply
apparently Is inadequate TO meet cur
rent requirements"
| Brddstreets says: Excellent all round
crop advlces continue TO extend the cir
Gle OF optimism, which widens AZ
greater rate than actual buying. How
ever, evidences of improvement In trade
are accommodating In tho surplus crop
growing sections. which is In sharp con-
trast TO that noticed in the essentially
Industrial regions. But over a large area
distribution at retail Is better. whole
sale trade is looking up. demand for iron
and steel Is larger, collections are some
what easier. traffic on Western railroads
| is Increasing. being In excess OF last year
and heavy sales of wheat for export are
reported. Activity Is the keynote OF North
western reports, returns from the wlnee.
yyheat belt are assuring, In the midwest
interior distributors are buying more
freeIy and trade news from the South
though somewhat mixed. Is more encour-
aging in the main because OF the favor
able trend OF crop reports"