The Archive · 1937

US. COMMODITIES

Thursday's Closing Quotations 7 New York, Sept. 30

The cotton market early eased on lower Liverpool cables, favourable weather reports, a tendency to revise further hedging tions ranging from 4 to 2 dinis down, 'The rubber market to-day declined to new lows on the weakness of London advices, coupled with reports of Far Eastern pressure and commission "house liquidation. Factory buying at the decline was a steadying influence. At the last call-over' losses of 16 to 20 points were recorded.

Wheat prices in Chicago early responded to the strength of cables, liberal exports of hard Winter wheat to Europe and increasing complaints that needed rainfall is absent Towards the close pri reacted on realizing and the easiness of Winnipeg. At the final bell, losses of % to a % cent were registered.

The sugar market advanced on producers buying and covering, owing to steady London cables and the absence pf selling pressure. Closing quotations were 1 point up.

The silk market early declined on overnight c. ion house selling in the face of steadier uni cables, Latterly\the market advanced on covering by the trade and shorts, and some new/buying was a steadying influence. Finally, prices closed firm on more aggressive covering. At the close quotations were 1 cent up.—Reuter.

New York Cotton New York Rubber Oct. Dee. 1157-97—19 Dec. Ma Jan.

Mar, May July New York Sugar No.4 New York Silk Mar. 1171 +1 Dec. 1.05-651% 41 Sep. l2 +1

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

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