The Archive · 1938

Total Exports From

Including: To Netherlands To France

Switzerland Finland Sweden.

United States To Norway Total Imports To U. K.

Including: From Canada From British Africa From British India From Mexico From Belgium From Netherlands From Australia From New Zealand From Venezuela From Switzerland 24 N.B.—Incoming gold is declared on the basis of its coinage value. Outgoing gold is declared on its value in the open market.—Reuter. j N. Y. Cotton Market New York, July 29.

After ruling higher, prices in the New York cotton market during the past week eased on disappointing long liquidation, when the market failed to advance above the nine cents level end disregarded the firmness of the stock market and heavy rains in the belt.

A forecast places the carry over above 13,400,000 bales.

Meanwhile, the boll-weevil threat is being watched very closely as a potentially important factor.

Spot houses reported moderately increased in qui S, but complained about the limited forward business. At the same time, the consumption outlook is clouded by the small new textile business during the past fortnight.

The market at present is a pre-Bureau affair, with traders awaiting estimates.

An inactive trading market is expected in the near future, with rises and declines about evenly divided, whether it be realizing on the part of bulls or purchases on reactions—Reuter.

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

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