The Archive · 1938

U.S. Commodities

Monday's Closing Quotations

New York, Oct. 17.

Trading in the cotton market was early inactive, and prices ruled narrow in sympathy with the stock market. Bombay was the best buyer of October option on differences. Outside interest, however, was lacking. Finally, the market eased or local selling but closed steady, with quotations ranging from 1 point up to 2 points down.

After early steadiness in sympathy with foreign cables, prices in. the rubber market eased on scattered commission-house liquidation. Foreign buyers were cautious. At the last-call-over, losses of 20 to 27 points were recorded.

Trading in the Chicago Wheat Pit continued to be very quiet, with outside interest at a low ebb. At the final bell, losses of % of a cent were registered.

The sugar market declined on commission house and foreign selling and liquidation, owing'to the easiness of London advices. Closing quotations were from 1% to 2 points down.

Trading in the local silk market today was very quiet, owing to the holiday in Japan. At the close, quotations ranged from unchanged to cents up.

New York Cotton New York Rubber!

Dec. 825-25

Jan. 819-19

Mar. 94-14

May 802-02

July 795-95 Oct. 730-7 une. Dec. unc. Jan.

—Ol Mar.

May 1692-93—27 1695N.—20

1699-99—21

1695-96—25

New York Sugar No, 4

New York Silk Mar. 101-012

Oct. 1.77B-79A unc.

May 10314-04—11

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

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