Salt Lake Telegram | 1934-12-14 | Page 24 | Mining, Financial, Commercial News

Mining Financial Financial- Commercial News Metals and Money Settlement prices nt ot Utah smelters smellers as quoted by the American Smelting and Re- Re company are lae Silver nationalized nationalised at cents newly mined domestic amer 6 c lead led per pound copper 8 per pound NEW YORK Dec 14 AP AP Bar Bar silver sliver steady unchanged at 54 c. c LONDON Dec 14 AP AP Bar Bar silver steady adY unchanged nl ot 24 7 U U. S S. S equivalent 54 39 cents cen on basis of sterling opening at Bar f Jold gold advanced li penny to 1405 U. U S S. S equivalent on basis bails of r- r Unit line opening at Money MODe is Ii per cent Discount rates Short rates Short and three-month three bills 16 0 per cent LONDON Dec 14 H AP Copper AP Copper Stand Standard ard spot 38 28 5 future 28 lOs Elec Dec Electrolytic Spot Spot 31 future 31 ISs Tin Tin Spot tb 17 fUl future Lead Spot Lead Spot 10 Ss future 10 to lOa Zinc Zinc Spot Spot 11 Cd Gd Suture future 11 NEW YORK Dec 14 H AP AP Copper quiet electrolytic spot pot and aDd future blue eagle Tin n steady spot and ond nearby and future SO 90 Iron quiet unchanged L Lead od firm T spot pot New York East St st. Louis Zinc steady East St. St Lou Louis spot poL and future Aluminum 00 Antimony Spot Antimony Spot 1400 00 NEW YORK Dec c. c 14 AP Lead P-Lud Lead futures Closed steady 6 5 higher December 3 Sales none Zinc Closed futures Closed quiet unchanged December 3 Sales none Nominal n-Nominal n Nominal n NEW YORK De Dec c. c 14 Call iP-Call AP Call money Steady 1 per cent all aU day Time lo Steady loans ns Steady 60 days 6 mos C 6 l 1 per cent Prime commercial paper paper- Bankers Bankers' acceptance acceptance Unchanged I rate rate New New York Yorio reserve bank 1 IS 11 per cent NEW YORK Dec 14 LP AP AP Foreign ex exchange ex- ex change Firm change Firm Great Britain In dollars others in cents Great Britain BrItain Demand Demand i cables day 60 bIlL bills bilk 4 4 France France Demand cables i. i Italy ItalY Demand 8 51 cables cable 8 85 54 Demands Demands Belgium 23 2337 37 Germany Holland Norway 2434 28 Seden Sweden Swe Swe- den 2549 Denmark 2207 Finland Switzerland 32 37 Spain 13 1367 67 al Greece 94 94 U Poland 1392 1892 CzechoSlovakia Czecho CZecho- slovakia 4 2 Austria J 18 Hungary 29 Rumania Argentina Brazil 8 n 2387 2887 Mexico CIt City silver sliver peso 27 2785 85 Montreal In New York New York In Montreal Mon Mon- treal n Nominal n