The Archive · 1940

U. S. Commodities

Wednesday's Closing Quotations New York, Sept. 11.

Cotton prices opened slightly easier on some hedging, but later rallied on Southern buying, a firm stock market and commission house buying. At the higher levels, there was a little liquidation. Closing quotations ranged from unchanged to 2 points up from the previous final levels.

Trading was featureless in the market for raw rubber futures, with the recent news of an increase in quota responsible for some belated liquidation, which, however, was of no great dimensions. At the last call-over, losses from 5 t0 9 points were recorded.

Chicago wheat quotations moved up on the tightness of the cash market and in sympathy with the firmness of securities. Later, the market reacted moderately on the British Prime Minister's speech, which induced some liquidation. At the final bell gains from!& to % of a cent were registered.

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

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