The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-05-23
SPELTER SENSATION
OF METALS MARKpp
More Than 600. 600. 900 po,,,.
Sent to ~Europc-Ordins,
Brands at II Cents.
BIG EXPORTS or Liam

The feature OF the metal. ra-,.
week was the sensational rise IN n.s
prices, which scared far ahoy. All ~
pectatiofss and price levels. O~,,. III
the fact that there mr.. four mar,..,
grades OF spclter there wo. ~
range in quotations. For or.,,-|
brands. known MS prime Western N
high as II cents a pound was M, Al
nearby deliveries. while moro s,...
costracts wero booked a. high a. al
cents . pound. That price was trd -
terday for October shipment.
Brass s~pecials. the next bsg ~
sold up TO 20 cents q pound, whsn, =
Butte and Superior company mad. :
first sah OF this Kind. This oonnm
the largest Individual producer Of nd,
in the world. has heretofore sod An
It's product a. prime Western, ~rsosss.
therefor ordinary prioss4 I,
learned that the company viii pyodu
about 500 tom monthly of tho brsm -
specials for which II viii recetv> q ~
stantial premium.
intermediate grades and the MR.
grades sold from 20 up 70 rs osr.s
pound. II was reported yesterday az
eome OF the finest grades ohea,,,N
were quoeed at about 2s cents.
The copper market. usually -ns ma.
active of all metals. took secondary ma
ton during the week. There was s,
o. gntftrvpAn hvA.tOn. aAa.s - -
In the London speculative mark. ~
concessions were offered here By ssvs
hands for small tonnasos. All IN y
producers held frmly To their "a ~
quotation, at which level they wer 4,
uring on now business. Il vsA 4 mn.
ter Of some comment that mona Of a
largo inquiries IN the market m
abroad had developed thus far intp -
ness, but the selling agencies vuS "a
fdent that real businsss would scs I
done.
Reduced 70 100000 Psu.S.
From the best posted autAo-rs =
tho trade Il Wa learned thas stociu Z
copper At refinery points had bean n
duced TO approximately so,0csN
pounds. Estimates as 20 he h!ra
probable tonnaSes at ~renne1cs II u
United States indicated that aeor lN.
100000 pounds mad accumulated s,yi
OCTOBER i. from which point there u
oeen . steedily diminishing tenders
owing m great par to the 90 per ...
curtailment policy adopted by pr.-.
cally all Of tho producers last Aurr
On July I. 1s1&. there was a ,oa I
D 100000 pounds Of copper AZ ~,
cries, according TO the ~ state.neT 4
tho non-axiStent Copper Producers 40
ISOLATION OF this total s6.teap
pounds. or almost o~ns-four<h. va. r.2%
sented BY Lake ooppAr. AZ ire bsx,
ming OF June there were 10. ooo.cM ,
10000 900 pcrmde Of lake undsliy-A
40 mat the growth IN soocks Of tAa "a,
ttc,Yfar rods Of ma mstaI arrr, ~
single month Of Jun. va, abcu, 70 .s
Tho dsmand for lake ooppsr srs, 4.
nrst OF ns current year has bean un'p
cedented and stocks have been c~.a
UP under tho stimulus OF the o,ssss- ~
mfums ever paid for Mthirn pfoii.
The past week made history for "A
spelter industry by ren son o. the %
tremoly high prices and The enornya
volume OF business booked. sa.es q
three days the week are estimated n
have nun between rs, 900. 900 ant ~,
900, 900 pounds of spel-er 81 a vprc., I
prices RI nr,nr from "a cent. 10 A.
20 cents q pound accord,rc 70 rras,
Ine boom In IN. Auerca. So.
ma X which ra-,ed ,pr ae,e- q,
start OF ,ho Furon.an va III. 90,
"a me- fra. +ranano-,n-,cr a, Ays,- a.
zinc ooncen-ra,a 10 r-,,-o,s has r.s 4
In shipments abroad q, -consgr-sy
mora than ooo nOn 600 n,,.-5. n. I
comuoairy ~ ao,. ha,.~, 90 AL
~ s,I n N 60 yro7 = ,a- .
.~pelter p,aved T., IN. con, .-v,s or a
b~.-.to,ors ~, co,rn,-,scrs ,-N 80
y.er. annsa, uItbnr, yo,,o =, ~
III, ,,ua .rro-,s 'r -
bsa,. ~, 49,, ono hon ,,.,ss
u
~
In addition 20 the above big ;o-t.r
over 100000 pounds 0. d-oSs - 81
spelter was exported and q S-u' s7ci
OF zinc ore
With An increase Of more ;NsH
GOO tons the production o. -eH-el -:
IN the United States from doT@s' =
established a new high record b.
with a total OF 6i..1a4 tons \
both domestic AID fo-..En a-ss e.. .
put amounted 70 -49Icc s.U~'
against 4s2,4CO tors g.. 1913
The big sn!n IN domestic rroigc' I.
was due 10 larger o2ert.,o- \ ~ Nsart
where M Increase OF .g.u1u .n-- II
scored IN Idaho. whore me .rpr.,sa.i
extended 10 10000 tons. ara u I-.