The Archive · 1938

U.S. COMMODITIES Tuesday's Closing Quotations

New York, Mar. 15.

The cotton market was early depressed by liquidation and the circulation of notices covering 203 bales. Later, prices became steadier on trade and speculative buying with foreign buying of later months, while the action of other commodities as well as the further steadiness of Liverpool advices encouraged replacement buying. Towards the close the heavy straddle pressure was noticeably reduced. Finally, the market again advanced on spot houses and Liverpool buying and closed steady, with quotations ranging from 4 to 8 points up.

Prices in the rubber market early declined on lower cables, liquidation and a lack of interest. Buyers still appear to be apathetic. At the last call-over, quotations ranged from 1 point up to 6 points down.

Wheat prices in Chicago advanced on better export and mill demands, covering, an improved technical position and unfavourable weather reports, At the final bell, gains of to % of a cent. were registered.

New York Cotton 4 New York Silk Mar. 1.602-61 +12} BA

Chicago Wheat chicago corm Bias Da July oto pu Montreal Silve: 1$ Mar. 4485-50 +05

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

Your account