BASE METALS MARKET

Dominion, Volume 28, Issue 285, 29 August 1935, Page 12

BASE METALS MARKET

Copper and Tin Ease Slightly By Telegraph.—Press Assn. —Copyright. (Received August 28, 8.35 p.m.) London, August 27. The official London (middle) quotations for Tuesday, as reported by the Australian Mines and Metals Association, com pare with those previously cabled as follow:—

Okarito Gold Dredge '

The Okaritp ,Five Mile Beach Gold Dredging Company, Ltd., yesterday advised the Stock Exchange Association that tbt wash-up for the week ended Saturday, August 24, was 240 z. ■ Sdwt. fbr 123 hours' dredg.ng. During the week the dredge passed through a section of the claim which contained very rough ground and which had previously been worked. The company has also issued the .following report for the four weeks from July 14 to August 10. —Total gold won. 120 oz. 17dwt.; total time worked, 483 hours; total non-working time. 93 hours; total yardage treated, 28,370, an average of 58.7 cubic yards per hour; average value of ground (on basis of gold worth £4 per ounce), 4d. per cubic yard.

Fruit Export Control Board

Notice that it has taken over complete control of the export of fruit from the Dominion as from August 1 has been given bytbe New Zealand Fruit Export Control Board. It is stated officially that the step taken by the board involves no practical change in its operations. In the past the board has exercised partial control only, but, in practice, al] exports have been made through the board for about eight years. The formal step now taken is designed to promote a better working basis. The order covers all markets for New Zealand fruit.

Aug. 26. Per ton. Aug. 27. Per ton. Copper— £ s. d. e s. d. Standard, spot 33 13 3 33 13 1$ Ditto, forward ... 34 4 4} 34 0 74 Electrolytic 37 0 0 37 0 0 to 37 15 0 37 15 0 Wire bars 37 15 0 37 15 0 LeadSpot 16 0 0 16 .1. 3. Forward 16 0 0 16 1 3 Spelter— Spot 15 2 G 15 11 3 Forward 15 7 6 15 11 3 Tin— Spot 221 5 0 220 12 G Forward ........ 221 5 0 210 12 6 SilverStandard, per oz. Fino 29d. 31 5-lCd. 29d. 315-16d.