The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-02-21
AT HIGHEST
PRICE IN 4S YEARS
,oss Demand From Foreign
Con,umers-lmpOrts for
Week Bliss Tons.
VAR RISKS AFFECT TIN

r,oner was strong anu actiNe uurtHk
A.. carly rart NJ last week and prices
.svanced about &c. a pound OH h late
uo.tlons. Subsequently some Of the
.,,.r r,odncing interests were moro
..,,ous to dispose OF clectrolytic for
r.sruar,. March and April shipment
I'D moderate sales were made at from
,,,.c to ?Si.c. for these positions.
:. some instances these sales were
,,.nled with contracts for delivery over
10 ,hird quarter Of the year. the latter
=, a. The demand from domestic
.o,sumers. however, was largely con-
90 20 June delivery. sales being made
.s-Lc e7i.c., the outside price pre-
,,ii,nS At the close OF h week. Somc
,eness Of Importance was lone for
,,,or, early in the week, but there was
,..s demand in the last few days from
foreign consumers
rhe nrtres prevailing for refined
,,,r.r to-day are the highest In forty
,,-ee wears that is. since 1879. Previous
- ma, time lake copper sold in various
y,a-s from 27c, tn 55c. The highest
.t,e ever reported. according to Gov
e-rncnt statistics. was DOC. In 1864 p:
ht.c. was touched in 1855. i2c. In
SIS. sc. IN is12 aud 35c. In 1870.
r-or 10 1885 interests were almost en-
,re'y centred in lake copper, as from
4. nor cent. To- Is per cent. of the output
came from The Lake superior region.
] s,cs 1888 when Montana and Arizona
.rst became factors. electrolytic copper
has been most prominent.
The result OF the fluctuations In the
,rce OF copper at London last week
US an advance Of 80 los. in the price
., american elcctrolytic. ca los. on spot
rsndsrd and % Js. ON future standard.
Exports only 2.s3O Tons.
Exports OF copper last week were only
1855 tons and sine" the list of February
.ss; tons. Imports during the week
ended February I, were 3.15i o II OF
,onr.r and IL tons of ore. Since tho
Is, Of February arrivals at At,anti,
rc-,s only have included 1850 tons OF
coprer and $50 tons OF ore.
Tin was stronger n higher early
IN the werk. with more buying of nearb,
..s,.ons 10y domestic consumers. bu
.yeard tho close Of the week the mar
NJ, weakened. resulting in a sharp breai
o. straits and a sympathetic decline
t,te Spot sin in small lots sold a
hsn a. i2i,c. during the week, but
vas Difficult; to sell over ala, to 4l7.c
q, me close. March WAS quotable a
~. to ilH,c. April. At 4o", Il
IN'.c. May. i0i. to ONc.: June. a
az. 80 i0LIc. and July and August. a
49,. 10 900. During rhe week, howeve'
scs were made about i.c. higher.
Trn disposition ~ producing inter
49, A., tire straits 10 throw the war risl
charee> oatlroly uron dealers or Amer
can consumers has Nad some influence l
ehe,king business In Far futures. IN
sich firigh. rates and increased Wa
| .isk have added to the cost OF deliNerin
\ A. IN the United States. Wal risk
ave been reduced somewhat by ship
meuts over the Pacific via the strait c
MAGELLAN and overland from San Fran
$500. More tin. however. has come b
vsy %. the Mediterranean and Londor
Tin HiRhrr In London.
H. result OF the fluctuations in N
Lndor market was "a net or [
~ 500, S'ralts tin and ijs. on Strai;
In a, singapore. Spot standard close
he same as , week ago. n future
perc oplv -. hlgher. Arrivals at Unite
\ e',tes ports since February I have bee
l'itl1 tons. and about $50 tons tx ~
% arr -. before the close OF the mont
-,'udod iu the 5.o23 Ions still o
Sptl,cr VAS active. strong and high'
Noih hero and broad. with liberal pu'
,tases made by brass manufacturer
\ prrcs advanced here from n tn Ic.
7 roiud The close of tNe week. howeve
va quiet. with spot and Fehrua'
cl1,sblc a. Ella, to &c. March. s
g A.. Arm. at Iac.. and second qua
go u.l. .,lo,, ,,a.pLnt af