MEMBERS WALK OUT
LONDON METAL EXCHANGE
BUFFER PRIVATE POOLS
LONDON, May 9. The "Daily Telegraph's" financial editor states that a group of members of the London Metal Exchange walked out from the almost deserted market as a protest against the present artificial tin conditions, but returned for the final session. The gesture thus did not develop into a strike. - The dissatisfaction is based on the operations of buffer private . pools which have . resulted in inadequate floating supplies, and consequently the price for immediate delivery is now £6 above the price for three months forward. The "Daily Mail" says that the tin dispute may be adjusted by the pool releasing more metal. The whole industry has benefited by the improved prices due to regulation.
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Evening Post, Volume CXIX, Issue 109, 10 May 1935, Page 7
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123MEMBERS WALK OUT Evening Post, Volume CXIX, Issue 109, 10 May 1935, Page 7
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