BASE METALS MARKET

Dominion, Volume 31, Issue 136, 5 March 1938, Page 14

BASE METALS MARKET

Prices Little Changed By Telegraph.—Press Assn.—Copyright. London, Alarch 3. The official London (middle; quotations, as reported by the Australian Mines and Metals Association, compare with thos« previously cabled as follows:—

Trade & Employment In Britain (British Official Wireless.) (Received Alarch 4, 6.30 p.m.) London, March 3. The value of retail sales in Britain during January was 6.2 per cent, higher than the year before. Stocks were valued at 3.3 per cent, more, and employment was 2.9 per cent, greater. Bradford Tops Market Firmer By Telegraph.— Press Assn.—Copyright. London, Alarch 3. The Bradford tops market is more confident, with an upward trend in prices. To-day’s quotations compare with those previously cabled as follows: —

Mar. 2. Per ton. Mar. 3. . Per ton. Copper— C s. d £ s. d. Standard, spot ... 10 5 7J 40 3 9 Ditto, forward . ... -10 10 71 40 8 Id Electrolytic ... 44 0 0 44 10 0 to 44 15 0 45 0 0 Wire bar's .. 44 15 0 45 0 O Lead— Spot ... 15 6 10} 15 G 10} Forward ..... ... 15 10 74 15 10 7} Spelter— Spot .•••■ 14 8 11 13 18 1* Forward , ... 14 13 11 14 3 14 Tin— tSpot ..180 11 3 185 7 6 Forward .. 180 5 O 184 17 0 Silver— Standard, per oz. . 201-10d. 20 3-16d. Fine ... 213-8d. 21 13-10d. (■American, 41.75 cents a lb.

Feb. Feb. Feb. Mar. 10 17 24 Merinos — <1. d. <1. d. . 70’s .. 281 28 274 28 64’s 27 264 254 264 GO’S .. 26 . Crossbreds— -•’s 244 254 58's 9‘* 22.', 21 99 56's 99 201 .184 191 50's 174 17 17 174 46’0 .. *17 *165 "161 "17 40’s .. *17 *164 ♦Nominal. *164 "17