Friday's Closing Quotations Movements of gold in the United Kingdom during the week ending June 1 resulted in a surplus of imports over exports by £3,710,000, compared with net imports of £1,- 793,000 for the previous week.
Imports during the period under review totalled £9,562,000 and included shipments from the following principal countries: the Netherlands £65,000; Switzerland ' £72,000; Belgium £4,211,000; France £510,000
British Africa £1,598,000; the Soviet Union £1,134,000; Australia £3
000; British India £324000 and Canada £365,000.
The previous. week's imports totalled 4,679,000, including £38,000 from the Netherlands; £75,000 from Switzerland; £1,826000 from Belgium; £37,000 from France; £1,- 480,000 from British Africa; £657,-
000 from Uruguay; £480,000 from Brazil and £27,000 from Venezuela.
Exports during the period under review were placed at £5,852,000, including £477,000 to the Netherlands; £190,000 to France; £967,000 to Switzerland; £771,000 to Sweden: £3348000 to the United States:
New York, June 3, Trading in the cotton market was inactive and prices were early influenced by better Liverpool and Bombay cables, Later, the advance was upheld by overnight trade and foreign buying of near months and covering. Contracts were scarce, At the close, quotations were from 17 to 19 points up from the previous final levels.
Scattered commission house selling and dealer buying were in evidence in the rubber market early in the day, Later, factories sold nearby c tracts and futures against purchases of actuals and repurchasing of distants, At the last call-over, losses from 4 to 8 points were recorded, Increasing fears of black rust developments, a disappointing yield in the south-west reports of food damage in Kansas prompted active covering in the Chicago Wheat Pit from the outset. Later, the firmness of Winnipeg and Liverpool markets, evidence of Government flour purchases and insufficient moisture in australia offset the smallness of the overseas demand, At the final bell, £31,000 to Yugo Slavia and £24,000] Quotations were from of a cent io Syria.
The previous week's exports summed up to a total of £2,886,000, of which £442,000 was sent to the Netherlands £257,000 to France: £163,000 to Switzerland; £1,539,000 to. Sweden and £470,000 to the United. States.—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.