Babson notes copper market dip boosts investor interest
Wellesley Hills reports Roger W. Babson finds copper securities at year lows spark investor interest. He cites rising domestic consumption from 1921 to 1923 and improving exports, with a current low market blamed on depleted raw material stocks and the need to cover new orders for copper and brass products. The survey warns prices have recently trended downward after a March rise.
MENTIONED IN THIS ARTICLE
Wellesley Hills
Mass
Roger W. Babson
Mr. Babson
Copper market signals long buying wave amid tight shipments
The analysis argues a buying movement is shaping as refinery to mill shipments fall. September deliveries hit 93 million pounds, the lowest since early 1922 and well under the year's early-average. Psychology and declining prices point to sustained strength before peacetime production adjusts.
Copper Stocks Seen as First to Benefit After Bottom
The market’s long downward trend deters buying and a single stock group cannot reverse the overall condition. Once the bottom is reached and the long swing upward begins, copper stocks should be among the first to benefit from the rise.
Constitutional Amendment Expands Workmen's Compensation Rewards
The amendment allows the Workmen's Compensation Board to award an additional net share between 15 and 50 percent of the original award to injured workers or dependents when the employer fails to meet requirements. Claimants keep original compensation even if failing to prove employer fault, avoiding total loss in court. The article notes a $36,500 maximum award in death cases starting January 1.
MENTIONED IN THIS ARTICLE
Ohio
Ohio Workmen's Compensation proposed increase and safety fund
The speaker extols a constitutional amendment raising workers compensation to ten thousand dollars from January 1st, with added funeral and medical costs. He compares it favorably to legal suits, notes a one percent deduction to fund accident prevention, and urges a safety campaign to reduce industrial accidents and fatalities.
Wanted Young Man For Survey Work Near Elyria
Classified notice seeking a young man aged twenty to thirty with a Ford touring car to assist a crew surveying new telephone cable near Elyria. Pay listed as 34 50 per day plus car allowance. Contact Lee K Fleckemer or Hate Brown in Elyria for details, work slated for Saturday afternoon or Sunday.
MENTIONED IN THIS ARTICLE
Young Mai
Elyria
Lee K. Fleckemer
Hate Brown
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