Omaha daily bee., 1889-05-17
The English Metal Market.

The New York Metal Market of May IL
prints the following cablegrams:
LONDON.
TIN - AT last there has been turn
upward, albeit on comparatively quiet
market and spectators for rise
who invested a week ago, have had an
opportunity to realize profits. The opening
on Monday was only steady ut slight ad-
vance from tho preceding business day, and
prices reacted again to eS9 LIS Cd spot, 200
los forward at the close, cash tin losing los
more the next day; but values began to re-
cover Wednesday afternoon, gaining 5s for the
day, and yesterday were quite strong at an
advance of l0s(0l1s I'd on each 'change; the
closing figures being .e9l and f9l 15s. This
morning there was another rise of l0s0l los,
but spot reacted on late change to E9l0E9l
5s, forward prompts holding comparatively
steady at 992.
CoPPER-So much uncertainty clouds the
situation that operators have been very re-
luctant to enter upon fresh engagements.
After rumor had spread that all the Paris
negotiations had come to naught, it was
given out with much show of authority that
the various parties to the conference had
actually signed an agreement, under which
American producers are to limit their eX-
portations to Europe, all other mines to re-
strict their product and existing stocks to be
withheld from immediate pressure on the
market. This report has been generally dis
credited; yet prices of bars have been slowly
of SIS on that, and 10@l5s on the previous
day had reduced ethc value to e3S 5s. The
next forenoon 93S los was current, forward
prompts improving 5s more ut late Change,
and yesterday were bid up los at each ses-
sion. without finding sellers, until the closing
quotation reached $50 los. A reaction of
IS was noted at todav's early Change and
the closing was still easier at $50.
ANTIMoNY-1s again Fl higher this week,
Halletts being now quoted at $50.
Declined lbs more in the week
to Ell IS Cd for Sllesian.
ENGLISH Pig IRoN-Improved on Monday
to 39s, which price has since been main
tanned.
BEssEMER PIG-Remains unaltered, and
quoted SOS Cd at West Coast ports.
STEEL RAILs-Contnue active, but are
offered more freely and not quotable at over
"a l2s Cd for heavy sections.
OLD RAILs-Quiet and without change in
price from last quotations of 62s 6d461s Cd,
for Us 70s@75s, ID. Fl. C. j. f., N. Y.
SCRAP IRoN-Rather easier in tone at
45s, +. o. b.
GLASGOW.
SCoTCH WARRANTs-Fluctua during the
week within narrow limits but is steadier
in tone than last reported. Prices stood un-
changed at AIS on Monday, gaining 3C94d The
next forenoon, but reacting to AIS Id at the
close. Values were held up in the early
dealings on Wednesday, but closing figures
again lower, this time at ABS l0d, which lat
ter quotation was ruling again at the first
board yesterday, and improved to AS In the
afternoon. Still higher prices were current
this morning. but the market closed at q
slight reaction to AIS Id.
Makers quotations are: For Coltness,
alongside, Glasgow, 55s Cd; Gartsherrie,
alongside, Glasgow, 52s Sd; Summeree,
alongside, Glasgow, 54s 3D.; Langloan. along
side, Glasgow, BIS I'd; Carnbroe, alongside,
Glasgow, 46s; ,Glengarnock, alongside, Ar.
drossan, 52s 3D.; Eglinton, alongside, AR.
drossan, Ais Cd; Dalmellipgton, along gside,
Ardrossan, 45s Cd; lighterage, Ardrossan to
Glasgow Is ton.
LIVERPOOL.
TIN PLATEs-Market dull and quiet. Char
coal tin plates, Melyn grade, lis 30 01l1s
415d; charcoal TIN plates. Allaway grade, 15s
l14d@l5s Sd; charcoal Terne plates, Dean
grade, 14-20 13s@l3s Sd; charcoal Tern.
plates, Dean grade, 20-2S, 26s(026 Sd coke
tin plates, b. V. grade, l3s@l3s I'D.
SINGAPORE
TiN-Firm at e94 los, cost and freight t,
New York.