BASE METALS MARKET

Dominion, Volume 31, Issue 243, 11 July 1938, Page 14

BASE METALS MARKET

General Fall In Prices

Bv Telegraph—Prcsti Assu.—Copyright.

I.ondon, July 8.

The official London (middle) quotations as reported 'l>y the Australian Mines and Metals Association, compare with those previously cabled as follows: —

Quotations Dor Other Metals,

Quotations for other metals, with those for the previous week in parentheses, are as follows :— ■ Pig iron: Home trade, 109/- a ton (same); export, not quoted. Antimony: British, £7O/10/- a ton nominal (same); foreign, £lO/15/- a ton (£4O 43- a unit, nominal (same). Wolfram: Chinese, 49/6 a unit, nominal (51/6). British Treasury Bills . (British Official Wireless.) Ixmdon. July 8. The total amount applied for in tenders for £45,000.000 of treasury bills was £85.160.000. The average rate per cent, for bills at three months was 10/5.43 as against 10/5.33 a week ago.

July 7. Per ton. July 8. Per ton. Cupper— s. d. ,11 s. d. Standard, spot ... 39 15 0 38 6 104 Ditto, forward ... 40 0 74 38 13 1.} Electrolytic 44 5 0 43 0 0 to 45 5 0 43 15 0 Wire bars 45 5 0 43 15 0 Lead— Spot 15 9 44 15 11 10J 14 IB 104 15 0 7j Spelter— 14 8 1J Forward 14 13 It 14 0 0 Tin— Spot 194 0 0 189 2 6 Forward 195 2 0 190 7 (1 Silver— Standard, per oz. . 193-lfid. 191d. Fine, per oz...... 20 11-lCd. 2OJ<1.