The Archive · 1940

U. S. Commodities

Wednesday's Closing Quotations

New York, May 29.

The cotton market was early more or less featureless, with shorts covering and trade and mill buying being offset by realizing. Later, prices moderately advanced on some commission house buying. Finally, the market closed quiet on the steadiness of spots, with quotations ranging from 2 to 4 points up.

Prices in the rubber market today opened higher on an improved speculative demand, higher cables and a moderate demand for physicals. Later, the market further advanced on some professional and factory buying at advancing prices. At the close. quotations ranged from 25 to 30 points up.

Wheat futures in Chicago today opened quiet and unchanged, but prices later moderately advanced on firm Winnip>g advices, some miller buying and shorts covering. At the final bell, gains of % to % cent. were recorded.—Reuter.

New York Rubber July Sept. Dec.

Jan.

1955-55 +25 18.36-36 +26 1790-90 +30 1780 N. +30

N. Y. Sugar No. 3

Sept. L90B-91A +5 Mar. 187B-88A 4+4

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

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