Salt Lake Telegram | 1938-02-28 | Page 15 | Metals and Money

Metals and Money Settlement prices at Utah Uta smelters reported re ye- ported by the American merican Smelting and Refining Refining Re- Re pored fining company are Lead a pound copper a a. aNEW pound NEW YORK FORK Feb 28 AP Bar AP-Bar Bar A-Bar Bar sliver silver unchanged c LONDON Feb Feb 28 AP Bar APi-Bar Bar silver silver silver- siver 20 l 1 off 54 Equivalent J Bar gold gold 9 unchanged t Equivalent Equivalent Equiv Equiv- alent Money Money- per cent MoneY 1 Discount t Short rates 3 and month 3 bills 9 16 per cent cent LONDON Feb 28 Copper CAP Copper Copper- Standard n d spot 40 75 future t 40 Electrolytic Spot Electrolytic Spot PO bl bid 44 4 lOs asked 45 Ss Tin Tin Spot Spot f future l Bids 1 sri Lead Spot Lead d Spot 15 10 future 15 85 Cd Zinc pot Zinc Spot Spot 14 11 lie lIs future 14 Cd NEW YORK Feb 28 AP opper A-opper- Copper Ap-Copper- Copper Steady NW YORK Electrolytic Spot Electrolytic Spot and future 10 export Tin teady Tin Steady Steady spot and near near-by c future Lead Lead steady Steady spot New York East St. St Louis Luis spot Zinc Steady Zino-Steady Steady East St. St st Louis spot and future fU fUt Iron Iron t No 2 f fob o 0 b eastern easter Pennsylvania 2500 Buffalo 2400 Alabama Alabama 2000 Aluminum Virgin Aluminum Virgin 99 per er cen cent Antimony Spot Antimony v Spot Quicksilver Platinum Pure Platinum Pure 3 nominal it nominal tOo NEW YORK Feb 28 25 AP AP-al AP CalI AP-CalI Call money Steady 1 per cent all al day r I I Prime commercial paper japer 1 1 p per cent Time r t loans Steady loans Steady l 90 60 days y l' l 1 6 4 months monts 1 v per cent cent Bankers Bankers' Banker acceptances acceptances Unchanged 90 60 days 15 7 16 per cent 4 months 9 16 18 It per cent 6 G months e 5 9 16 per cent II Rediscount i rate rate New New York reserve bank 1 per cent cent NEW YORK Feb 28 25 AP European AP-European European currencies s displayed P moderate weakness In i iTe tg terms of the dollar Monday Jt The Te pound sterling lost of a cent and the French Fench franc 00 Vi of a a cent cent The Swiss franc frane was down 01 01 of a cent the guilder 03 of a cent and the belga 00 of a cent The position of the te French Frenc unit showed Improvement as a the discount on the te day 90 ay 90 forward franc narrowed to 09 Vi of a cent I from 10 of a cent Friday The dollar dolar In London and Paris showed negligible chances Noon rates follow Great Britain In dollars dol dot lars others other In cents Great Britain Britain De mand mend cables o day 60 ay 60 bis bills France France Demand Demand cables gg t Italy Italy Demand i r Demand 5 cables Demand Demands Belgium Belgium Germany free registered Mastered 2050 travel 2485 Holland Holand Norway 2523 travels Sweden 25 Denmark 2242 Finland 2221 Switzerland 2325 7 Spain unquoted Portugal Fortu- Fortu gal Ial Gre Greece ce Poland 1900 Czechoslovakia Austria 1895 n nominal i Hungary 1993 Rumania a. a 74 Argentina i 33 47 nominal Brazil Brai free ree nominal Tokio 2906 Shanghai 2985 Hong Kong Kons 31 45 Mexico City 2780 Montreal al in New York 16 New York In itt Montreal NEW YORK F Feb 28 AP AP Lead P-Lead Lead fu- fu lures tures Closed tures-Closed Closed 15 lower sales pounds pounds' May nominal nomina June nominal Zinc Zine futures futures Closed Closed unchanged no sales MONTREAL SILVER MONTREAL Feb 28 25 SIVER AP AP A Silver futures fu fl tures closed unchanged Bids March May July