The U.S. Mint said it awarded contracts to Philipp Brothers N.Y. and Sidney Danziger a New York metals merchant to procure 3701000 lbs of electrolytic copper and 629000 lbs electrolytic cut nickel cathodes or briquettes. The Mint said Philipp Brothers will supply the entire 3701000 lbs of copper at a cost of 0.66845 dlrs per lb. Sidney Danziger will furnish 338000 lbs of the nickel at 1.8344 dlrs per lb while Phibro will provide 291000 lbs at 1.8369 dlrs per lb the Mint said.
U.S. MINT ANNOUNCES COPPER/NICKEL AWARDS