The Archive · 1937

Crude Oil Production

NEW YORK. SILK MARKET

New York, Oct. 14.

The, daily. average gross: crude. oil production in the United States for the week ended October 9 totalled 3,579,000 barrels, according to the: weekly, report of the American, Petroleum Institute of New York, issued. to-day.

This compares. with 3,647,000 barrels last week and 3,025,000 barrels. for the corresponding. period. of, last year, showing a decrease of 68,000 barrels: and: am increase: of 564,000 barrels. respectively; compared: with the figure for. the: week under re~ view.—Reuter.

New York, Oct, 14.

Prices in the. New York: sills market vacillated narrowly with- the. slight up-and-down movement resulting in little net. change. Buying was restricted: solely to very urgent requirements of hosiers, who, following the liberal purchases of last week, relapsed into a attitude of caption, together with weavers, were. watphing. the. Far Eastern situation, apprehensive that developments in the consumers' boycott movement may háve; some. effect on. silk im. further depressing raw prices Reuter.

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

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