OVERSEAS MARKETS.
RUBBER QUOTA REDUCED. SHARES REACT FAVOURABLY. (Received 11 a.m.) LONDON, May 31. The International Rubber Committee has reduced the quota for the third quarter of 1938 to 45 per cent. Shares in rubber companies have risen slightly as the reduction meets the market's best expectations. There now seems to be hope of reducing stocks to a more reasonable level. METALS FIRMER AGAIN. (Received 11 a.m.) LONDON, May 31. Following are to-day's quotations on the London metal market, compared with those of May 30; —
May 30. May 31. Per tou. Per ton. £ s. d. £ s. d. Copper, stan.. spot 33 10 4.', 33 10 3 Copper, stan., 3 months 33 19 4J 34 1 3 Copper, electro. . . 37 15 U 38 0 o to to 38 lo 0 3D U 0 Copper, elec, wire Imrs 38 1," O 39 0 0 Lead, soft, spot .. 13 13 0 13 14 4J I,end. soft, l'onv'd 13 Hi In J 13 Hi HI I Spelter, spot ..... 12 8 !t 12 7 (i Spelter, forward . 12 9 4J 11* S 1J Tin. stan., spot . . 161 7 (i 1(54 7 li Tin. stan.. 3 inos. 162 2. 0 1M4 7 (i Silver, stan., oz . . lS£d 18 l.VlCd Silver, fine, oz .. 201(1 20 7-10d
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Bibliographic details
Auckland Star, Volume LXIX, Issue 127, 1 June 1938, Page 4
Word Count
209OVERSEAS MARKETS. Auckland Star, Volume LXIX, Issue 127, 1 June 1938, Page 4
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