BASE METALS MARKET

Dominion, Volume 31, Issue 178, 26 April 1938, Page 14

BASE METALS MARKET

Tin Lower; Others Steady

By Telegraph—Press Assn.—Copyright. Loudon, April 22. The official London (middle) quotations, as reported by the Australian Mines and Metals Association, compare with those previously cabled as follows:—

Maize From Gisborne Maize has been moving more freely forward from Gisborne to consuming centres lately, although there has been $ lull during the Easter holidays. Fairly large shipments have been made to both Auckland. and Wellington. The entry of Wellington into the market is of interest because for some time Wellington demand from Gisborne had ceased. The position therefore is regarded, as more hopeful for the next few mouths and a greater part of the existing stocks should, be cleared before the new crop is available. Prices remain unaltered at 5/3 a bushel for both prompt and May delivery. • Picking is fexpecte_d to commence three to fo.ur wefks earlier this year. The crops have done well and maturity has been hastened by a long period of hot weather. New Zealand Fruit In London By Telegraph.—Press assn.—Copyright. (Received April 25, 6.30 p.m.) London, April 23. Apples are in good demand. New Zealand, ex Rangitiki, Cox’s Orange, 9/3 to 11/3. Pears are firm. New Zealand, ex Rangitiki, Boses, 10/- to 12/-; Coles, 10/6 to 12/9.

Apr. 21. Per ton. Apr. 22. Per ton. Copper— £ s. d £ s. d. Standard, spot , .. 39 11 10* 39 12 0 Ditto, forward . .., 39 10 dOJ 39 18 1* Electrolytic ... 43 10 0 43 0 0 Wire bars to 44 10 0 ... 44 10 0 44 10 0 44 10 0 Lead— Spot .. 15 11 101 15 10 71 Forward ,,, 15 11 10* 15 11 3 Spelter— Spot 131010* 13 18 1* Forward 14 0 74 14 0 7i Tin— Spot ,.. 108 17 0 107 17 0 Forward ..109 7 0 108 12 0 Silver— Standard, per oz. , . 1813-10d. 18 13-16d. Fine .. 205-lGd. 20 5-10d.