PRICES OF METALS

Evening Post, Volume CXXVIII, Issue 13, 15 July 1939, Page 12

PRICES OF METALS

(By Telegrapb—l'resa Association—Copyright.! (Received July 15, 11.30 a.m.) LONDON, July 14. The official quotations on the London metal markets compare with those previously cabled as follows:— July 13, July 14. \ Per ton. Per ton. 1 £ s. d. £ s. d.| !Copper— Standard, spot 42 16 101 42 16 10.', Ditto, forward 43 3 1J 43 3 1£ Electrolytic .. 48 15 0 49 0 0 to 49 5 0 49 10 0 Wire bars ... 49 5 0 49 10 0 Lead— Spot 14 13 H- 14 14 4.V Forward .... 14 15 7£ 1415 74 SpelterSpot ........ 14 1 104 14 3 14 Forward .... 14 5 7J 14 8 1| TinrSpot ; 229 18 9 229 18 9 Forward .... 224 16 3 225 2 6 SilverStandard, per oz 1613-16 dl 6 7-8 d Fine 181-8 d 18 3-16 d Quotations for other metals, with those for July 7 in parentheses, are as follows:— i Pig iron: Home trade, 99s a ton (samej; export, not quoted. Antimony: British, £70 10s a ton (same); foreign, £51 a ton, nominal ( £SO). Molybdenite: 40s a unit, nominal (same). Wolfram: Chinese, 49s a unit, nomijnal (same). The mental attitude of politicians to the Australian £41,000,000 loan programme "is curious," said Mr. C. W\ Wilson, presiding at a meeting of the Taxpayers' Association in Melbourne. "These millions are treated as money to be spent, not as loans which must be repaid. Moreover, the addition to Australia's interest bill was cheerfully disregarded."