The Archive · 1940

U. S. Commodities

Saturday's Closing Quotations

New York, Feb, 17.

The cotton market early moderately advanced on game trade buying and covering by shorts. Later, prices further gained on a good cash demand and in sympathy with Wall Street advices. Finally, the market closed steady on the firmness of spots, with quotations ranging from unchanged to 4 points up.

Prices in the rubber market today opened higher on an improved spe-curative demand and sustained interest. Towards the close, profit taking appeared and partially' shaved earlier gains. At the close, gains of 5 to 9 points were recorded.

Wheat futures in Chicago today early slipped, despite higher Winnipeg advices, on' liquidation, speculative selling and reports of beneficial rains. At the final bell, losses of % to cent were registered, New York, Feb. 17.

Further selective, buying wes witnessed on the New York Stock Exchange today, with prices, on balance, finishing @tmer and fractionally higher. Interest was chiefly centered on metals, oils and aircraft issues, Trading, however, was still slow, with the turnover for the day amount-

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