The Archive · 1938

British Commodities

Wednesday's Closing Quotations

London, Mar. 23.

Rubber weakened in sympathy with disappointing American and Eastern advices, coupled with stop-loss selling. Finally, steady conditions prevailed at lower levels. Wheat was steadier on less Austra-lion selling pressure.

London Rubber; Spot, buyers Unión Carbide & Carbon Union Pacific United Aircraft (New) United Air Lines Transport. United Corporation $3 cum. pfd. united Gas Corporation United Gas Improvement United Light & Power Ca. U. S. Industrial Alcohol U. S: Rubber 8 8o non-cum. 7: U. S: Smelting, "Refining U. S. Steel Vanadium.

Warner Bros, Pictures Westinghouse Elec.

Woodward Iron Youngstown Sheet & Tube sellers 6%

BONDS

London Sugar (Buyers): Mar. 5/114 unch; May 5/114—ta; Aug. 5/2%4

Liverpool Wheat: Mar. 6/7"

6/8 +a; July 6/7% H.

Liverpool Cotton: Amer, Futures: Mar. 436—8; May 479—8: July 486—8; Sept. 490—8; Egyptian Futures (Giza, FGF. No, 7): Mar. 6.75—10; May july 6.77—9; Sept. 6.17—9.

Amer. & For. Power 5s Brazil Int. Tel. & Tel. 414s Int Tel. & Tel. 5s 1955 Chic. Mil. Stp. & Pac. Cities Service Power New England Gas Peru 6s 1981 Standard Gas & Eec. B—Bi London Silver Market London, Mar. 23.

Messrs. Samuel Montagu and Company, in their weekly bullion letter, write: Silver prices in the London market during the past week were influenced by the firmness of the American dollar.

Quotations hardened initially, but -buyers hesitated at higher levels and values have since reacted.—

Reuter.

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

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