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COPPER PRICES RISE

SHORTAGE IN U.S. PREDICTED

(Itec. 8 a.m.) .NEW YORK, March 4. Copper climbed to its highest quotation since 1929. when the price rose by one cent to 21J cents a lb. Lead rose by one cent to 15 cents a lb, making a two cents increase in a week. The president of the Revere Copiier and Brass Incorporated, Mr C. 1). Dallas, predieted that there would he a copper famine, resulting in the reduction or cessation of production in many vital industries within a month, unless immediate action was taken to expedite the importation of foreign copper.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ESD19470305.2.100

Bibliographic details

Evening Star, Issue 26042, 5 March 1947, Page 8

Word Count
100

COPPER PRICES RISE Evening Star, Issue 26042, 5 March 1947, Page 8

COPPER PRICES RISE Evening Star, Issue 26042, 5 March 1947, Page 8