Salt Lake Telegram | 1938-09-19 | Page 14 | Metals and Money

Metals Metals' and Money Settlement prices price at Utah smelters reported reported reported re re- re- re ported by the Ame American Smelting and Reb Refining Refining Re Re- fining company a are Lead e pound copper b cathodes lh ri pound n NEW YORK Sept 19 AP Bar AP-Bar Bar silver all sil sl ve vet ver 42 0 unchanged unchanged LONDON Sept l 19 AP Bar AP-Bar Bar gold 1 Id off 2 pence en tP T Equivalent t va Bar silver off oft 5 len lent ger cents MOle Mone 14 1 per cent Discount rates Short and three months ree- ree bills ls 1 per cent cent LONDON Sept Sept 19 AP AP AP Closing copper copper copper cop cop- per standard spot 43 pounds Ss future future future fu fu- fu- fu ture 43 pounds electrolytic spot bid 48 pounds 55 asked 49 pounds Tin spot pounds l lOs future ur pounds Bids Lead d dl spot t 16 pounds u future 15 pounds Zinc spot 14 pounds future 15 pounds Is 15 NEW YORK TORE Sept 19 AP C AP-C AP- AP Copper firm electrolytic delivered Connecticut valley valey 1 1037 export 1056 Tin Tin Firm Firm spot and near near-by OP 87 forward Lead Lead Firm Firm s spot If New York k OP East ti SI St St. L Louis 4 95 Zinc Zinc Firm Firm East St. St Louis Luis spot and forward PI Pig iron Iron No 2 f. f o. o b. b eastern eater Pennsylvania Pennsylvania Penn Penn- sylvania 2100 Buffalo 2000 Alabama 1600 Aluminum Virgin Aluminum Virgin 99 per cent 2000 Antimony spot 1400 1 Quicksilver OP 80 00 Platinum pure pur NEW YORK YORK Sept Sept 19 AP Call Cal money steady 1 per cent all al day Prime commercial paper S I 54 per cent Time loans loans Steady Steady days 1 lJ 6 4 6 months 1 per cent cent Bankers Bankers' acceptances ces unchanged Sixty ninety days 4 57 16 7 16 per r cent Four i months o 9 16 l per r rn cent n six Five f s months th tt 54 9 16 rp p per cent en Rediscount rats rate rte ew New York Reserve bank 1 3 per cent NEW YORK R Sept Pi l 19 gJ AP Lead AP-Lead r Lead fu futures fu- fu tJ hires tures closed lo 2 to 5 higher D December b 9 March r NO Zinc futures closed sed 10 higher No sales 0 b Bid MONTREAL SILVER MONTREAL Sept Sept 19 AP Silver AP-Silver AP Silver futures futures futures fu fu- fu- fu tures closed unchanged to 45 points pints lower No Ho sales Bids September December De De- cember saes