The Archive · 1933

New York Rubber

New York, Sept. 1

A more optimistic sentiment has prevailed in the raw rubber market during the past week, this being duced by rising prices of securities ind commodities and also reiterated inflation talk. The market in other respects has been uninteresting, while depending upon outside In: fluences for sustenance, Factories are reported to have returned to a four-day working-been strengthened by reports that the" Administration is "considering plans to control next. season's cot fon" production, with the. reports Sugessting efforts: to hold next years acreage. 10, 25,000,000 acres Sich, Heed on the tana ver age yields, means '@ crop of appre-Simstely. $800,000 bales. to buy in the South-West.

A renewed demand for cotton-cloth is attributed partly to a cent, satisfactory turnover in these Nreanwhile, the action of the raw cotton market has strengthened Salish sentiment, but the conserative clement ie cautious, fearing an increasing new-crop movement.—Reuter.

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

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