The Archive · 1939

U.S. Commodities

Wednesday's Closing Quotations

New York, May 31.

Trading in the cotton market was early active on higher Liverpool and Bombay advices, combined with the firmness of southern markets. Later, prices further advanced on good trade and commission houses buying. with closing levels registering gains from 4 to 9 points.

The strength of London influenced a higher opening in raw rubber futures here. However, after the initial advance, conditions were fair-quiet, with some new buying keeping the market on an even keel Final quotations recorded gains ranging from 10 to 18 points.

Despite the narrowness of the Chicago wheat market today, the under tone was very firm. Unfavourable weather conditions continued to play an important role as a market factor, and at the final bell, prices showed gains from % to % cent up.

New York Cotton New York Rubber July £.96-96 407 July 1052-56 +10 OR. 829-29 +09 Sept. 1629-09 +11 Dec. 801-07 340 Dec. 1682-89—13 Jan. 801-01 406 1694-64 1l Mar. 79494 +06 May. 790-00 +04 New York Sugar No. 4 New York Silk July 134-96 +03

Sept. 1.15-15!&.unc.

July (No. 1 Con.)

240-41

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

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