METAL PRICES — FREE MARKET (January 22, 1996)

London Metal Exchange

Spot closing prices in $US per tonne

DateJan. 16 Jan. 15 Jan. 12 Jan. 11Jan. 10

Copper2534-25392583-2585 2740-2745 2620-26252638-2643

Lead701-702 690-691 690-692 699-699.5692.5-693.5

Zinc1014-10151011-1012 1009.5-1010.5 1020-10211016-1017

Aluminum1583.5-1584.5 1605-1606 1628.5-1629.5 1632-16341609.5-1610.5

Nickel7525-7535 7475-7480 7715-7725 7670-76807595-7605

Spot Gold, Silver, Platinum and Palladium prices

Gold … London Bullion Dealers afternoon (morning) $US per oz.

397.80(397.60)395.55(396.35)395.90(396.40)399.25(399.40)400.00(396.75)

Gold … Bank of Nova Scotia, noon bid/ask $US per oz.

397.50-400.00393.50-397.00393.50-397.00396.50-400.00397.50-401.00

Silver … London Bullion Dealers, spot morning pence (US cents) per oz.

N/AN/A355.60(550.00)359.80(555.70)358.00(553.80)

Silver … Handy & Harman, Toronto (New York) cents per oz.

751.60(547.00)745.10(539.00)756.40(548.50)762.30(550.00)768.60(556.00)

Platinum … Bendix Foreign Exchange, Interbank closing $US per oz.

421.00 416.50 418.00 418.50 421.00

Palladium … Bendix Foreign Exchange, Interbank closing $US per oz.

133.00 132.20 130.80 131.00 133.00

Exchange Rates Canadian funds. Courtesy of the Bank of Montreal Treasury Group U.S. Dollar 1.3688 1.3628 1.3583 1.3630 1.3652

Pound Sterling 2.1018 2.1047 2.1079 2.1052 2.1120