The Archive · 1939

U.S. Commodities

Fridays Closing Quotations

New York, July 28.

The cotton market early advanced on higher Liverpool and Bombay cables, trade buying and fairly active covering, on the belief that enlarged Japanese: buying will be seen in the near future. Later prices reacted on profit taking and. Wall Street and foreign selling, and subsequently further moved lower on liquidation and hedging.. Closing. quotations ranged from 5 to 7. points, down, compared with the previous final levels.

Trading in the rubber market was quiet. There was nothing in the news to affect the market either way. Trade and factory interests were buying moderately. - Final quotations showed gai from 5 10 7 points, "Wheat in Chicago showed a tendency to move lower on liquidation, hedging and favourable weather reports.' However, some mill demand was' in evidence during the day. - At the final bell, quotations were from cent up to 34 cent down.—Reuter.

New York Cotton New York Rubber Oct. 889-89—05 Sept. 1641-50 +07 Dec. 874-15—07 Jan. 881 №—07 Dec. Mar. 848-49—07 Mar. May 836-36—06 July 625-25—06 May New York Sugar №. 4 New York Silk 1.1834-1914 Sept, (No. 1 Con.)

Mar. 11538-16—1 B/A B/A 2491450 Hia Chicago Wheat: Chicago Corm Sept. 6%%-64% +34 Sept. 4136-4112 +4 Dec. 653-655—l& Dec. 4214-4214—16

Winnipeg Wheat Oct. 52-525 unc. B—Bid. A—Asked.—Reuter.

Dec. 533-53

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

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