BASE METALS MARKET

Dominion, Volume 30, Issue 147, 18 March 1937, Page 14

BASE METALS MARKET

General Easing in Prices By Telegraph.—Press '.ssn.—Copyright. London, March 16. The official London (middle) quotations for Tuesday, as reported by the Auslian Mines and Metals Association, compare with those previously cabled as follows:— Mar. 15. Mar. 16.

FOREIGN EXCHANGES Position of Sterling By Telegraph.—Press Assn. —Copyright. London, March 16. The following mean closing rates on foreign exchanges were current to-day compared with those ruling on March 15:— Par Mar. 15. Mar. 16. N. York, dol to £ $4.866 4.8810-32

’Unofficial. tOfllcial. London, March IG. Gold.— £7/2/4 an ounce, fine. Silver.—Spot, 20Jd. an ounce; forward, 20.1 d.

AUCTION DIARY TO-DAY. Queen Street, Pnlmerslon North, 2 p.m,— Sale Jonathan i I olden Estate, “Iwlroa,” Longburn (Dalgcly and Co.). A. and I’. Showgrounds. Palmerston North, 10 si.in.—Annual Autumn Show and Sale Pedigree Pigs (N.Z. Loan ami Mercantile). At Pli miners ton. 2.30 p.m.—Cottage. 3 Baches, and 3 Vacant Sections (J. 11. Bethune and Co.). Dannevirke Autumn Cattle Fair, 11 a.m.— Mixed Stock Waikanao Sale, I p.m.—Mixed Stock. 52 Waterloo Road, Lower Hutt, 10.30 a.m.—-High-class Furniture (E. Johnston and Co.). 12 Sherwood Street, Lower Hutt, 1.30 p.m.— High-class Furniture (E. Johnston and Co.). Eketahuna Sale, 11.30 a.m.-,-1000 Sheep. Martinborough Sale. 1 p.m.-.Mixed Stock. McKonna’s, 15.21 Moleswortli Street, 2 p.m. High-class Furnishings (.1, F. McKenna ). TOMORROW. -11-13 Panama Street, 2.30 p.m.—ThreeCentral City Blocks, 185-7 Willis Street (Harcourt and Co.). Fcilding Sale (Dalgety and Co., Ltd.). Carterton Sale, 11.30 a.m.—Mixed Stock.

Per Ton. Per Ton. Copper £ s. d. £ s. <1. Standard, spot. . 77 *2 72 13 9 Ditto, forward . .. 74 S 9 71 13 9 Electrolytic .... .. 79 0 0 77 0 0 to SI 0 0 79 0 O Wire bars .. SI 0 0 79 0 0 Lead— Spot ... 34 12 6 33 16 3 Forward 34 10 0 33 15 0 Spelter— Spot .. 35 10 0 33 15 0 Forward ... 35 12 0 33 15 0 Tin — Spot .. 311 5 0 297 0 0 Forward ..30317 6 2S9 15 0 S i 1ver Standard, per oz. Fine . . .. 223-Sd. 20 7-Sd. 22 Ad.

4.88 21-32 Montreal, dol. to £ 4.SGG 4.$8} 4.88J Paris, ft. to £ 124.21 106 13-3£ 106 25-64 Brussels, bel. to £ 48.611 29.00 29.015 Geneva, fr. to £ 25.225 21.45 21.45 Amst’dam, il. to £ 12.107 8.94 8.941 Berlin, inks, to £ 20.43 12.15 12.145 St’liolm, knr. to £ IS. 159 19.395 19 .".95 C” h a gen. knr. to £ 18.159 22.40 22.40 Oslo, knr. to £ 1S.159 19.90 19.90 Vienna, sehgs. to £ 34.585 2G.50 26.50 Prague, knr. to £ 104.25 110 J-IG 140 1-16 Jlel’i’ors, inks. to £ 193.23 226.50 226.50 Madrid, pcs. to £ i 22i) — Lisbon, esc. to £ 100 .110 3-16 110 <3-10 Milan, lire to £ 92 9213-16 9213-16 Athens, drac. to £ Bucharest, lei to £ 375 *547* *547* 813.C.0 *670 *670 Belgrade, din. to £ 276.31 213 213 Rio de J., p. to mil. 5.S99 f41 t-H B. Aires, p. to peso 47.62 — M. Video, p. to peso 51 1391 139 J Calcutta, p. to rup. IS 1SJ IS J Shanghai, p. to dol. - 14 9-16 14 9-16 II.-Kong, p. to dol. — 14'15-16 14 15-16 Y’hania, p. to yen. 24.582 14 14 Batavia, fl. to £ 12.167 S.S9 S.S95