The Archive · 1939

British Commodities

Thursday's Closing Quotations

London, Mar. 23. commodities were quietly B +7. Apl/June del. buyers Spot buyers 8 Hi; Be Hu. m Sugar (Buyers) May 6/4% unc; Dec. 6/2—%4.

2 à: May 4/454—%. July (new contract) 4/4%

American Futures: May 479 unc; July 448—2. Egyptian (Giza, F.G.F. No. 7) No. 2 Contract. Mar. 6.71 May 6.75—2; July 680—1; Sept. 680—1.

London Metals: Copper, Standard, cash, sellers £421j—jy: 3 mths del. sellers £438;—Pj. Electrolytic buyers £4814 unc; sellers £49% unc. Tin, Stan. Cash sellers £21514 +44; 3 mths del.

official price, sellers d eel ti. Taa, Form mths del. sellers £14]j E Ordinary, official price, sell £135 +46; 3 mths del sellers £14 unc—Reuter.

Courtesy of Swan, Culbertson & Fr The stock market today opened with net gains ranging up to three dollars, after which trading turned quiet and prices declined until irregularity appeared and trading further slackened. Rails led the early advance, after which automobiles took the lead, but later also receded when it was reported production was exceeding the demand. The tension slackened and traders were calm although they maintained an undercurrent of caution due to the European situation, Traders withheld from commitments pending further clarin fication. Car loadings showed a more than seasonal rise last week and business reports were generally good.

By Courtesy of Swan, Culbertson & Fritz Trade and industry reports during the week were only slightly less favourable than ever preceding periods. Further gains were registered in Carloadings, Retail Advertising, Bank Clearings and Construction Awards, with modest decreases being reported in Steel Operations, and Electricity Production.' In some circles the lateness of the Spring trade revival is considered to be

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