The Archive · 1938

Gold Flows Into U.S

"Washington, Oct, 1

Gold from "Europe reaching the United States for the week ending October 7 amounted to US$100,479,032, the Department of Commerce announced today. The gold came mostly from the United Kingdom the Netherlands, Sweden, and Canada.

Silver imports into the United States for the same period amounted to US$1098076 with Mexico as the largest shipper of the white metal—United Press.

New York, Oct. 14.

The cotton market early declined on liquidation, but later rallied on higher Liverpool and Bombay advices and some speculative buying. Price movements, however, -were narrow, with traders generally inclined to be apathetic. Towards the close trading became quieter, and prices eased on renewed liquidation, Southern ana commission house selling and finally closed steady, with quotations ranging from unchanged to 7 points down.

Prices in the rubber market early advanced on higher cables and a firm and active commission house demand. Later, foreign buying absorbed dealer offerings, and prices finally partially eased on profit taking. At the last. call over, gains of 3 to 9 points were recorded.

Wheat prices in Chicago today closed steady in a very quiet session, 4 with price changes confined to a narrow range. Buying by mills ana firm Winnipeg advices were partially offset by liquidation and professional selling. At the final bell, gains of of a cent were registered.

New York Cotton New York Rubber

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

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