25 MARCH 1966, Page 37

Yorkshire Copper A well - known firm of brokers suggests that the

new issue Of IMPERIAL METAL INDUSTRIES (now 8s. 9d.) offers a good opportunity for holders of YORKSHIRE COPPER to switch into a company with similar interests but with a higher yield and more favourable price/earnings ratio. Yorkshire Copper's only significant business is a..,50 per cent holding in YORKSHIRE IMPERIAL METALS, the other 50 per cent being held by Imperial Metal Industries. Yorkshire Copper at 40s. yields 4 per cent with an estimated price- earnings ratio of 10.4. Earnings are expected to be lower in the current year. Imperial Metal Industries, at the current price of 8s. 9d., yields over 5 per cent with a prospective price/earnings ratio of 13.9.