The Archive · 1938

U.S. COMMODITIES Fridays Closing Quotations

New York, Mar. 11.

The cotton market early declined on selling due to the European political situation, unfavourable conditions in the-dry goods trade and the easiness of Liverpool cables. Later, prices partially advanced on better Bombay cables, trade and speculative buying. Finally, the market again eased on foreign selling, liquidation and hedging and closed easy,. with quotations ranging from 6 to 9 points down.

Priced in the rubber market to-day. eased on nervous liquidation, lower cables, an absence of support and increased United Kingdom stocks. At the last call-over, losses of 15 to 24 points were recorded.

Wheat prices in Chicago advanced on a better export demand, the improved technical position of the market, covering and some commission house buying. At the final bell, gains of 1% to 1% cents were registered.

New York Cotton New York Rubber May 896-90—9 May 1435-35 July 902-03—09 July 1455-56—15 Oct. 91-13—97 Sept. 14.80-06—15 Dec, 911-11—08 ec, 1478-78—20 Jan. 914-14—06

New York Sugar No. 4 New York Silk Sept, 10414-05 +1 Mar. 159-61

B/A B/A

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

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