Business: Copper's Week

Three things engaged the attention of coppermen last week: Union, Curtailment and Tariff. Union in the copper industry has existed through Copper Exporters, Inc.. the tight-lipped powerful U. S. selling association. Recently Phelps Dodge Corp. objected to some of the Association's policies, served a 30-days resignation notice (TIME, Dec. 7). Last week copper's united front was reunited. Phelps Dodge's resignation was withdrawn. Copper Exporters, Inc. seldom makes statements but it was understood that the selling agreements have been modified, that henceforth a member may undersell...

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