OVERSEAS MARKETS.

Auckland Star, Volume LXX, Issue 31, 7 February 1939, Page 4

OVERSEAS MARKETS.

PRICES OF METALS. LONDON, February 6. Following are to-day's quotations on ■the London metal market, compared with those on February 2:—

SYDNEY WOOL SALES. SYDNEY, February 6. At the Sydney wool sales 10,932 bales were offered and 10,254 were sold, as well as 404 privately. The improvement in the market reported on Thursday was fully maintained. In the case of all well-grown wools, prices ruled from par to 5 per cent higher, with come-backs and crossbreds sharing the improvement, and meeting a particularly strong demand, especially from Japan. Competition wag well distributed. Greasy Merino made to 18d per lb. The average price of wool last week was £12 16/8 a bale and 10.5 d per lb.

Feb. 2. Feb. 0. Per ton. Per ton. £ s> d £ s d Copper, stan.. spot 42 18 1£ 43 4 4J Copper, stan., 3 months 43 3 9 43 J) 4J Copper, electro. 48 0 0 48 5 0 to to 49 0 0 49 5 0 Copper, elec., wire bars 49 0 0 49 5 0 soft, spot . 14 5 7| 14 H 10$ Lead. soft, forward 14 10 7l 14 10 7i Spelter, spot 13 11 10$ 13 13 1J Spelter, forward . 13 1<5 10J 13 18 li Tin, stan., spot . . 213 7 15 215 8 0 Tin. stan., 3 nios. 214 7 (5 214 18 9 Silver. stan, oz . 19 lo-16d 20 l-16d Silver] fine, oz . . 21Jd 21gd