TIN MARKET FALLS

Evening Post, Volume CXXI, Issue 128, 1 June 1936, Page 12

TIN MARKET FALLS

(By Telegraph.—Press Assn.—Copyright.) (Received June 1, 11.35 a.m.) LONDON, May 31. A feature in the commodity markets has been the heavy decline in tin. Confidence in the outlook of tin disappeared with the decision of the International Tin Committee to postpone fixing the quota. This decision has called attention to the dissensions among the various producers of the metal. PRICES OF RIETALS. (By Telegraph.—Press Assn.—Copyright.) LONDON, May 30. Today's quotations for metals, with those of May 15 in parentheses, arc as follows: — Pig-iron.—Home trade, £3 10s a ton (same); export, £3 10s a tone (same). Antimony.—British, £67 a ton (same); foreign, £44 10s a ton (not quoted). Molybdenite.—36s 6d a unit (same). Wolfram.—32s 6d a unit (33s 3d). Osmiridium.—£9 to £10 an ounce Sa fh<P official London (middle) quotations for Friday, as reported by the Australian Mines and Metals Association, compare with those previously cabled as follows:— May 28. May 29. Per ton. Per ton Copper— £ s. d. £ s. d. Standard, spot 36 10 7.} 36 12 6 , Ditto, forward 36 15 7J 36 17 6 Electrolytic . 40 10 0 40 10 0 to 41 0 0 41 0 0 Wire bars .. 41 0 0 41 0 0 Lead — Spot 15 8 9 15 11 3 Forward .... 15 10 0 15 11 3 Spelter— ! Spot 14 7 6 14 5 0 Forward .... 14 11 3 14 8 9 Tin— Spot 198 7 6 195 13 9 Forward .... 193 18 9 191 15 0 SilverStandard, per oz 1915-16 d 19 7-8 d Fine 21 id 217-16 d RAW MATERIALS. (Bv Telegraph—Press Assr..—Copyright.) LONDON, May 30. Friday's closing prices for the following raw materials were as follows, those for May 22 being shown in parentheses! —— Cotton.—Liverpool quotation, good American middling, spot, 6.64 d a lb 16 57d); June delivery, 6.21 d a lb (G.l6d>. , , Rubber.—Para, 9d a lb (same); plantation smoked ribbed sheet, 7 5-16 d a lb (7 3-8 d). „ Jute.—J une-July shipment, Indian iute Dundee quotation, £17 13s 9d a ' ton (£lB 3s 9d). Copra.—Not quoted. Linseed 0i1.—£26 15s a ton (£27). Turpentine.—3Bs 6d a cwt (38s 9d). WAIRARAPA FARMERS. An extraordinary meeting of members of the Wairarapa Farmers' Cooperative Association is to be held at Masterton on June 24 in connection I with the reduction of the company's . capital. AUSTRALIAN FRUIT PRICES. (15v Telegraph.—Press Assn.—Copyright.) LONDON, May 30. Appfcs are easier. Australian: Cox's, 10s to 13s 6d; Cleopatra, 7s to 10s; ■ Jonathans, 5s 9d to 8s 6d; Sturmers, ; 0s 3d to 9s 6d. * Pears are easier. Australian: Coles, : 7s 3d to 9s 9d a case; Nelis, 7s 3d to , 12s Cd. EASY TRICES I OR HOLIDAYS. , j (Uy Ti'legrapli.—Press Awn.—Copyright.) i j (Received June 1, 11.20 a.m.) ' LONDON, May 31. [ I Arrivals of fruit are again very : hcavv. The proximity of the Whitsun I holidays lias resulted in easier uriccs.