The Archive · 1938

Monday's Closing Quotations

New York, Jan. 17.

The cotton market ruled dull, with quotations moving lower on spot houses and southern hedge-selling. At the close, losses from 2 to 4 points were recorded compared with Saturday's final levels.

Featureless conditions prevailed in the rubber market, Trickling liquidation brought levels down. somewhat. At the last call-over, quotations ranged from 5 to 7 points down.

Continued unfavourable weather reports from the south-west and higher Liverpool advices influenced a better opening in the Chicago Wheat Pit, which later closed unchanged to '% of a cent higher from Saturday's final levels.

New York Coton New York Rubber Mar. 650-5103 Mar. 1&5 N—05 May 857-57 02 May 14.97-97—u7 July—881620 July 1501-0—05 Oct—830-105 Sept. 15.17 N—06 Dec. 815-18 04 Jan. Unquoted—02

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

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