The Archive · 1937

Peking Syndicate 4/- Gula Kalumpong Rubber 3/7" 30/714

Chosen Corp — U.S. METAL MARKETS

New York, Oct. 13.

Steel: Output of steel has further slightly declined during the past week and has completed the readjustment in conformity with the cur. Tent hand-to-mouth buying. Automotive purchases have failed to surge up as quickly as was expected. Other commodity consuming lines were not encouraging, but export enquiry has materially: increased. Fair business has already been booked. Scrap prices have declined to the year's lowest levels, Pig-Iron: Shipments were good. Consumers were well-booked, while production has been partially curtailed.

Copper: Buying sentiment was at a low ebb, with offerings outweighing demand.

Lead: Quiet on a hand-to-mouth basis. Consumers are cautious, being apprehensive of a further decline.

Zinc: Demand was steady.

Antimony: Inquiry has been very light.—Reuter.

Text read from the printed page and cleaned; old type leaves the occasional error.

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