The Archive · 1940

British Commodities

Wednesday's Closiag Quotations London, Nov. 6.

The tin market ruled steadier on the opinion that the reelection of President Roosevelt will stimulate United States production quicker than could do any new regime.

London Rubber: Spot buyers 1l:

sellers 11] unc. Dec. del. buyers alia une; 114 une.

Cotton: American Futures.

Futures New York, Nov. 6.

The heaviest trading since June 6, featured the Stock Exchange today. Prices declined irregularly and closed one to over three points lower, the decline being attributed to United States presidential election results.

Wheat was off one cent but cotton was up 50 cents a bale.

Gelling was heavy in the forenoon, representing pooled orders. The largest initial bloc was 35,000 shares of Commonwealth and Southern of which Mr. Wendell L. Willkie, the defeated Republican candidate, was president before he becanfe a candidate.

"Utilities were the hardest hit, the decline averaging one and three fourths points, the widestloss since July, 1933.

Several recent favourites were sharply lower, American Locomotive preferred touched 77 of six. Dupont also was down six points.

Declines of two to three points occurred in Chrysler, Eastern Air Lines, Savage Arms, Standard Oil of New Jersey, Union Carbide, and Westinghouse Electric.

Some copper issues declined two points.—United Press.

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

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