COMMERCIAL.
(CONTINUED.) WHEAT TRADING. CARGOES, PARCELS, AND FUTURES. A FIRM MARKET. (tnrrrßD prcrs association— by slxctrio TIUEOBAPH—COPTIUOHT.) LONDON, July 10. Wheat cargoes are quiet. Parcels are 3id to 3d down. Futures are quoted:— July 6. July 10. s. d, s, d. London (a quarter)— September .. 24 7 24 7 December .. 25 3J 25 SJ February .. 25 11* 25 11J Liverpool (a cental)— July .. 5 6§ 5 62 October .. 5 9 5 8| December .. 6 14 6 1 CHICAGO FUTURES. BIG RISE IN QUOTATIONS. (UIUTED PRESS ASSOCIATION—BT ELBCTEIC TBLKOBAPH—COPYTHOHT.) NEW YORK, July 10. Chicago futures are quoted:— Cents a bushel. Julyl. July 10. July .. .. 93J 1008 September .. 96i 103J December .. 99J 1053 May .. 1038 109} New York (cash)—ll3g. POOR PROSPECTS IN AMERICA. WORST CROP FOR 50 YEARS LIKELY.
WASHINGTON, July 10. To-day the Crop Reporting Board reported that the first six months of the year had been less favourable for crop production than any similar period in 50 years. Wheat production as at July 1 was estimated at 495,681.000 bushels. With average weather during the rest of the growing season the crop would be the smallest since 1893. Normally, the country produces 850,000,000 bushels. PRODUCTION TO BE RESTRICTED. (Received July 11, 8.50 p.m.) WASHINGTON, July 10. The Secretary for Agriculture, Mr Henry Wallace, said to-night that he would proceed with his programme for cutting American farm production, despite to-day's forecast of the smallest grain harvest in decades. METALS MARKET. LONDON, July 10. Metals, with the exception of copper, are lower, particularly tin, which receded sharply during the week-end. Ouotationa:— July 8. July 10. A ton. A ton. Copper— £■ s. d. £ s. d. Standard, spot 88 14 4& 38 18 9 Forward .. 88 16 10} 89 1 10} Electrolytic .. 43 0 0 42 6 0 to .. 48 0 0 48 5 0 Wire bars .. 48 0 0 43 6 0 American electrolytic: 0 cents per lb. Lead— Spot .. 18 16 3 IS 12 6 Forward ... 14 1 8 13 17 tt Spelter— Spot .. 18 10 0 18 11 3 Forward .. 18 S 0 18 8 9 TinSpot .. 221 12 6 21S 17 6 Forward ..221 7 6 215 17 6 SilverStandard, per.os. 18 7-16 d 172 Fine, per os. 19|d 19 5-16 d
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Press, Volume LXIX, Issue 20905, 12 July 1933, Page 15
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371COMMERCIAL. Press, Volume LXIX, Issue 20905, 12 July 1933, Page 15
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