RAW MATERIALS

Dominion, Volume 33, Issue 188, 6 May 1940, Page 12

RAW MATERIALS

Last Week’s Closing Rates (By Telegraph. —Press Assn. —Copyright.) (Received May 5, 7 p.m.) LONDON, May 4. Friday's closing prices for the following raw materials were as follows, those for April 26 being shown in parentheses :— Cotton: Liverpool quotation, good American middling, spot, 8.18(1. a lb. (8.07 d. ; .lune delivery, S.Ood. u lb. (7.98(1.). Rubber: Para. 14d. a lb. (same) ; plantation smoked ribbed sheet. Hid. a lb. (lid.).’ Copra: Not quoted. Jute: Not quoted. Turpentine: 53/- a cwt. (same). Prices Of Metals By Telegraph—Press Assn.—Copyright. LONDON. May 3. ■ Prices of metals areas follows: — Tin: Spot buyers £254 a ton ; sellers £254/5/- a ton; forward, buyers £251 15/- a ton, sellers £252. Pig-iron: 111/- a ton (same). Antimony: British, £lOO to £lO2 a ton (same) ; foreign, £BO to £B5, nominal (same). _ Molybdenite: 47/- to 00/- a unit (4a/6 to 47/6). Wolfram : Chinese, 50/6 to 60/6 a unit, nominal (same). World Tin Supplies By Telegraph—Press Assn.—Copyright. LONDON, May 3. The statistical position of tin at the close of April compared with previous

Canterbury Produce Markets (By Telegraph—Press Association.) CHRISTCHURCH, May 3. The May increment of Id. a bushel went on to wheat this week, bringing prices to the following levels:—Tuscan 5/8, Hunters 5/10, Pearl 6/-, and Marquis 6/2. A. good inquiry continues for seed wheat for autumn sowing. There have been no developments concerning the Australian embargo on New Zealand potatoes, and the local market is inclined to be slightly easier. Some inquiries have been received from the North Island, mostly from Auckland. It is reported that local growers have been holding their potatoes on the chance of an export market. Quotation remains at up to £4 a ton at handy stations. .Markets for seeds remain quiet at previous prices.

periods was as follows: — Mar. Apr. Jan. Tons. Tons. Tons. World visible supplies 24,708 22,080 23.119 Straits carryover 4,008 3,897 4,564 Supplies 18,022 Deliveries 18,244 15,001 12,808 111,84(1 12,669