OVERSEAS MARKETS.

Auckland Star, Volume LXII, Issue 129, 3 June 1931, Page 4

OVERSEAS MARKETS.

PRICES FOR METALS. VALUES STILL LOWER. LONDON, June 2. (Quotations on May 28 in parentheses.) Copper.-Spot, £35 16/10% (£36 16/10%); three months, £36 10/7% (£37 10/7%). Electrolytic Copper—Spot, £40 (£39 10/); three months, £40 10/ (£4l 10/). Wire Bars.—£4o 10/ (£4l). Lead—Spot, £10 15/7% (£11); three months, £11 2/6 (£ll 5/). Spelter—Spot, £9 18/9 (£lO 6/3); three months, £10 10/ (£lO 10/). Tin—Spot, £100 13/9 (£lOl 8/9); three months, £102 3/9 (£lO2 18/9). Silver .-Standard, — (12 il-16d) per oz; fine', — (13% d). WHEAT. Cargoes are 3d easier. Parcels show 3d to 6d decline. Futures: London, June, 19/7 a quarter; September, 19/9V2. Liverpool, July, 4/2% a cental; October, 4/4%; December, 4/5 J A. CANADIAN WHEAT CROP. UNFAVOURABLE FORECAST. (Received 11 a.m.) OTTAWA, June 2.' The wheat crop of practically the entire Canadian prairies is in a critical condition as the result of severe prolonged drought. The Dominion Bureau statistics announced on Tuesday that additional serious damage had been caused by high winds, frost and cut worms. CHICAGO WHEAT VALUES. (Received 11 a.m.) CHICAGO, June 2. Wheat for delivery in June is quoted at IVA cents per bushel, for delivery in July at 59% cents, for September delivery 57% cents, and for December 61% cents.