THE LONDON MARKETS.

New Zealand Herald, Volume LXVIII, Issue 20851, 18 April 1931, Page 7

THE LONDON MARKETS.

PRICES FOR METALS. (Received April 17, 11.45 p.m.) LONDON. April . 16. (Quotations on April 13 in parentheses.) Copper.—Spot, £42 16s 10J,d (£44 3s 9d); throe months, £43 9s 4£d (£44 17s 6d). - Electrolytic Copper.—Spot, £45 15s (£46); three months, £46'lss (£47). Wire Bars.—£46 15s (£47). Lead. —Spot, £l2 lis 3d (£13); three months, £l2 17s 6d (£l3 6s 3d). Spelter.—Spot, £ll 7s 6d (£ll 18s 9d); three months, £ll 17s 6d (£l2 10s). Tin.—Spot, £lll 16s 10|d (£lls 3s 9d); three months, £ll3 3s 9d (£ll6 13s 9d). Silver. —Standard, 13 3-8 d (12 15-16 d) per ounco; fine, 14 7-16 d (13 15-16 d). BRADFORD TOPS. The markot is easier with little business. Seventies are quoted at 2s 3d per lb.; 64's, 2s lJ;d; 60's, 2s; 56's, Is sd; 50's, Is 2d; 46's, llgil; 40's, lljd. WHEAT, FLOUR, PULSE, ETC. Wheat. —Cargoes are firm at 3d to 6d dearer. Parcels are in poor demand and occasionally higher. Futures: London, April, 20 s 2d per quarter; June, 20s sd; Liverpool, May, 4s 5 l-8d per cental; July, 4s 5 5-8 d ; October, 4s 8 5-Bd. The spot trade is quietly firm; Australian, ex' store, 18s to 18s 6d. Oats.—Held for 3d advance. Peas and Benns. —Steady. Beet Sugar.—May, 6s s^d.

DOMINION PICTURES. LOWER INTERIM DIVIDEND. Tho directors of (ho Dominion Pictures Company, Ltd., have declared an interim dividend of 2i per cent, on tho ordinary shares and 32 per cent, on the preference shades. , Tho interim dividend on tho ordinary shares for 1930 and for a number of years before that was 3£ per cent. COAL VENTURE AT KAMO. |nv TELEGRAPH. —OWN CORRESPONDENT,] WIIANGAREI, Friday. Work has been commenced on a deposit of coal on tho property of Mr A. Ij. Shnlders, Kamo. Driving into the hillside the minciß, who aro working on tho co-operative system, have opened a seam 4ft. 6in. thick.