The Archive · 1938

US. Commodities

Tuesday's Closing Quotations

New York, Oct. 11.

The cotton market early advanced on higher Liverpool and Bombay advices, the absence of pressure and spot house and foreign buying. Later, Prices eased on liquidation, the easiness of stocks and speculative selling. Finally, the market again rallied ea covering and renewed foreign buying end closed steady, with quotations auging from 2 points up to 2 points down.

Continuing the consolidation of the recent advance the rubber market today ruled narrowly irregular, with trading mixed. Finally, prices eased on increased profit taking. At the final bell losses of 8 to 17 points were recorded.

Wheat prices in Chicago closed very quiet, with buying very caus hous against sales and covering in sympathy with Winnipeg advices which imparted steadiness, coupled with the influence of higher Liverpool cables. Improved cool weather in the Southern Hemisphere and prospects of rains in Kansas were restraining overseas demand. At the final bell, losses of 1$ to 14 of a cent were registered, The' sugar market eased slightly on liquidation and scattered selling, owing to the poor offtake and easier London advices.) Closing quotations were from unchanged to a 'ż point down.

New York Cotton New York Rubber!

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