The Archive · 1938

U.S. COMMODITIES

Wednesday's Closing Quotations

New York, Mar. 9.

The cotton maker was early quiet and featureless,. with favourable Liverpool advices being offset by hedging and liquidation, Finally, the market rallied on trade, speculative and foreign buying and closed very steady, with quotations ranging from 2 to 4 points up.

Prices in the rubber market early declined on switching and the continued absence of support. Later, prices rallied moderately on some naw buying, especially of later months, The market closed quiet and featureless, with quotations ranging from 2 to 7 points up.

Wheat prices in Chicago lost ground steadily on favourable weather reports, liquidation, weak foreign markets and a poor export demand. At the final bell, losses of to 2 cents were recorded.

New York Cotton New York Rubber May 910-10 +04 May 1450-50 -+02 July 9:13-14 403 July 14-62-62 +03 Oct. 922-22 102 Sept. 14.74B-76A-106 923-23 +03 Dec.

924 N. +02

New York Sugar No.4 New York Silk Sept. 104-041-115 Mar, 161-61 +01

Chicago Wheat Winnipeg Wheat Montreal Silver May 120-120—2 Mar. 44.70-5.00 +05

B—Bid. A—Asked—Reuter,

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

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