The Archive · 1938

U.S. COMMODITIES Tuesday's Closing Quotations

New York, Feb. 1.

The cotton market was early fairly active and prices advanced on higher cables, trade, foreign and speculative buying and covering. Finally, the market reacted on liquidation and hedging but closed steady, with quotations ranging from 1 to 2 points down, After being quiet, the rubber market eased on lower cables, liquidation and a lack of support. Trading was very light.. At the last call-over, losses of 16 to 20 points were recorded.

Wheat prices in Chicago to-day advanced on higher cables, unfavourable weather reports, a firm Winnipeg market and better export demand. At the final bell, gains of 1% cents were registered.

New York Cotton New York Rubber Mar. 841-41—01 Mar. 14.57-60*—16.

848-48—02 /A.

8.56-57—01 May 14.10-72—18 868-68—01 July 1480-84—20 8.12 N—01 874 N—02 Sept.

14.94-95—16

New York Sugar No.4 New York Silk Mar. 105-046—3% Mar. 1481-4912 unc.

B/A B/A

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

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