Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-04-07
NEW COPPER POOL
MAY Be ORGANIZED
Former Action to Dispose of
Surplus Stocks Is Recalled
in Street.
BY JOHN F. SINCLAIR.

Special Dispatch to The Star.
NEW YORK, April It's a new pool
being formed by the leading copper
producers for the purpose of disposing
of the large quantity of the metal they
now have on hand? If so, it will be
no new departure. After the war the
Copper Export Association was organ
lied for the same purpose. Bonds
were floated and retired from time to
time as the copper was. sold.
Later, the present Copper Exporters,
Inc, was organized, although its pur-
pose was simply to aid in the stabill-
cation of prices, and so far 1t has been
successful.
F. H. Brownlee, president. of the Cop
per Institute, had nothing to say about
the pool when asked for his opinion,
but Mr.. Brownlee is celebrated for not
talking about his plans until they are
completed.
The total amount of clustered and
refined copper" on hand in North and
South America at the end of February
was 1871 tons. The surplus stock
of refined copper-that which is mar
keted-was 233,123 tons at the same
time, while the March figures, avail
able next week, will probably show
1000 tons.
Increased business activity. however,
should help reduce the amount Of cop
per held by thI 7"Nducers materially
in the next few moi:
IT never saw a more marvellous DEM
onstration of artistic skill - almost u
miracle and completed in there hours, "
said Prince Matchabelli as we stood
before the bust of the prince, sculptured
by Maj Georges Scapani. the blind
member of the French Chamber Of
Deputies.
trymen in the war, and unequipped
for anything to which he might turn
to make a living, Maj. Georges Scapani
has become one of the worlds great
men.
In 1915 the major was shunted home
from the front. He studied law, grad
uated with high honors and practiced,
meanwhile organizing the Legion of the
Blind, made up of $500 Sightless vet
has been used in helping others.
A new talent, that of Sculpturlng,
which was unknown to him two yeals
ago. has been discovered. He can feel
mans head and mold that likeness
in clay without the use of tools.
An inspiring story of indomltable
courage and genius!
It won't be long now before your
favorite canned fruit will be served
frozen hard right at your table.
The froZen-pack method of canning
and preserving strawberries, raSpber-
ries. loganberries and other fruits in
small containers for domestic use offers
considerable promise, says H. c. Diehl
of the United States Department of
Agriculture, commenting on frozen
experiments in the Pacific Northwest.
Mr.. Diehl doesn't assure the public
Of any immediate prospects, but expert
ments are rapidly being made to hurry
this new industry into a working pos
sibility.
II know of no business in which the
future looks brighter" said Walter P.
Chrysler to this writer, when discuss
ing some of the possibilities OF these
new freezing processes in connection
with perishables and other foods.
Cuba has at last decided that king
cane has had its day. Ever since the
war, when Cubans turned every avail
able acre of their soil to the growing
of the sweet product, sugar has been a
source of dissatisfaction.
It made considerable money for some
and made paupers of others. And now
with world overproduction, sugar has
been completely relegated to the back
encountered with new tariff possible
ties now under consideration by the
United States Congress.
Cuba has, therefore, come to the con-
clusion that one-product nation. en-
tirely depending upon a single market,
is a very precarious position for any
country. The sugar producers there
like the cotton growers in the South
and the wheat farmers in the Middle
West HlVPTSlf1P2fl0n
of crops as essential to the welfare of
the island. Internal industrial develop
ment is also necessary. Both are 60
ing on in Cuba.
Copyright, 1880, BIZ the North American
Newspaper Alliance.)