The Archive · 1938

SILVER QUOTATIONS

London, Feb. 16.

A slightly lower price for spot was Lop Snell at the end of March, fixed in the London silver market will. have completed his fourth suc-to-day, while forward remained uncessive year as Chairman of the changed, with quotations being:—London County Council and, accord-Feb. 15 Feb. 16 ing to the newspapers, it is the inten-London spot 205d. 20d. tion of the Labour Party to nominate, forward as his successor, Mr. E. G. Culpin.

A well-known architect and town London/New York: planner, Mr. Culpin is chairman One pound U.S.$5.023 $5.03} One U.S. dollar 47.73; d. 47.666d. the Greater London Regional Plan-Gold 139/9d. 139/94. of 13 to 16 points were recorded.

After being steady, wheat prices in Chicago slumped on bearish weather reports, liquidation, disappointing outside markets and a lack of interest. Business continued to be very light. At the final bell, losses of 2% to 3% cents. were registered.

New York Cotton New York Rubber Mar. 883-83 405 Mar. 1464-64 +14 May—887-87—01 May—1484-85 +16 July 895-95 91 July 1497-97 i15 Oct. 90305 +01 Sept. 1508-10 213 Dec.—905-05—04 B/A Jan.—909-10—03

New York Sugar No.4 New York Silk Mar. 104-0434 +2 Mar. 1531-54

B/A B/A

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

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