The Archive · 1937

British Rubber Stocks Lower

London, June 7.

Stocks of ruber in Great Britain fon June 5 were estimated at 45,401 tons, showing a decrease of 1,196 tons from the previous week.

'The stock of rubber in London on June S totalled 21,666 tons, showing an' increase of 99 tons, while the stock at Liverpool was listed at 28,925 tons, representing a decrease of 1,205 tons British rubber deliveries during the week ended June 5 amounted to 2,804 tons, compared with 1,744 tons the previous week.

Deliveries in London during the period under review totalled 889 tons, compared with 988 tons Inst woek—decrease of 46 tons.

Liverpool deliveries, with a total cof 1,708" tons, revealed' an increase of foe lions over the previous week uniformity of coloury low grade tea and nearly all offerings are sound. Prices, however, are as high as those obtained for last year's fine teas. The market was opened at $300 by the corporation on May 31, con= stituting the highest imported price in London for Keemun since the war. Since then, a small business has been Gone at around $200—~-8200 for the best teas available. Arrivals are now 20,000 live and saiticments 3,500 h/c. Ningchows: Many of these have been made this season, partly by machin. ery, and. the result shows a great Improvement in average quality. The price however, 13 100 high and apart from one settlement at $145 no buslness has been done. deliveries. Prices continually ad~ vanced both for spot and future Geliveries resulting in an advance of about $12 a bale when compared with that last ruling. Best chop 20's spot yarn has risen up to a height of "$300 and the general sentiment appears to be still bullish even at those Mgures.

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

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