The Archive · 1939

US. Commodities

Wednesday's Closing Quotations

New York, Feb. 8.

Trading in the cotton market was fairly active today, with prices early firming on higher overseas cables end Wall Street and Liverpool buying. Later, some switching from nears to distants was witnessed. At the close, quotations ranged from 4 points down 1o 4 points up from yesterday's final levels. 3 A lower opening for rubber prices was seen, influenced by bearish overseas advices and European selling. Later, the market rallied owing to the belief that consumption prospects have now improved. At the Jast.cali over, gains from 1 to 2-points were recorded.

Wheat prices on the Chicago Board of Trade ruled steady on come shorts covering, induced by reports of freeze ing weather in the south-west. At (33 the final bell, gains of 12 cent were registered.

New York Cotton New York Rubber Mar. Mar. 15.6465 +01 May May 1556-56 +02 Oct. Sept. 1952-52 +01 July July 1554-54 +03 Dee.

Jan.

New York Sugar New York Silk Mar. 1135-14 unc.

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

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