The Archive · 1937

BRITISH COMMODITIES

Tuesday's Closing Quotations

London, Nov. 2.

Among commodities base metals were weaker, especially tin and copper in the absence of trade interest. Moreover, sentiment was depressed by yesterday's disappointing Wall Street advices, and the estimated further fall of American steel mill activity.—Reuter.

London Rubber; Spot buyers 7% une sellers 7, une; Dec. del, buyers 7y A seileis 71 unc, London Sugar (Buyers): Dec, 6/214 unc: Mar. 6/31, unc; May 6/3% une.

Liverpool Wheat: Dec. 8/714—13%; Mar. 8/274 let May Bän Liverpool Cotton: American' Futures 454—3: Jan, 454°—3: Mar. 4.56 Egyptian Futures Nov. 6.20 +8: Jan. 6.40 +4: Mar London Metals standard, cash sellers £4134 3 maths Sellers £42);—14 Copper, Electrolytic buyers £47—1'; sellers £49.

Tin, Standard cash sellers £20215 a mths sellers £2021,—4, Foreign, official price, sellers £17% 3 mths del. EL Ä—3%. Becher ry. official price sellers £1613 3 mths del, sellers £16%—t4 Reuter Berlin, Nov. 2.

The Reichsbank return' issued today shows the gold stock unchanged at 70,100,000 but the foreign exchange holdings 200,000 lower at 5,700,000, making a total decrease in the note cover of 200,000 to 75,800,-

000 Reichsmarks.

The note circulation increased by 562,400,000 to 5,275,300,000 Reichsmarks. The amount of credit issued as measured by bills, cheques, investments and advances increased by 764,900,000 to 6,025,900,000 Reichsmarks, The total amount of legal tender in circulation on October 30 was 7,286,000,000 as against 6,712,000,- 000 at the same date last year and 5,636,000,000 on October 30, 1933—

Trans-Ocean Kuo Min.

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

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