following is the first part of an informative article culled New York, June 24. "New. York, June 22. from "Finahee and Commerce" of July 25, dealing with the Waster conditions were witnessed of The cotton market opened irregular the Stock Exchange today, with quocolistalit Strain 6f fonds supplied by Shanghai to Germany during today, with quotations ruling from 2 [tations mainly aes! from terris 1940 and the first four months of year. The concluding part points down to 2 points up. Subsequently, an easier tone developed o™ to about one point lower. Trading will appear in tomorrow's issue.
Bombay liquidation and local proñt dwindled la to the caus The figures of Germany's trade with China, as recorded by tiotshess of operators, who were con-taking, influenced by uncertainties Sora e Akte Tenoria 1n the Chinese Customs, which have been published from time to over the new war front. At the close, time in "Finance & Commerce," were generally accepted by prices ranged from 17 to 21 points Shanghai merchants as presenting a reasonably accurate picture down from the previous final levels. Trading was resumed in the raw of the volume of business done, They did nothing of the sort. rubber futures market today, but The trade which China, and particularly Shanghai, carried on with under certain specified conditions. Germany was considerably larger than the Customs figures suggest.
Today's operations consisted mostly Indeed, it might almost be said that the official records served of the evening-up type. At the last call over, quotations were from 25 no other purpose than to hide th e true facts. points down to 10 points up from Imports from Germany, of course been fully declared, so, that import Friday's levels. have fallen drastically since 1939. figures may be regarded as accurate.
Selling on the reactionary theory Last year, however, when exports to and realizing were most noticeable in Germany were dwindling to insignia the Chicago Wheat Pit, whilst ficant totals, exports to the Kwan-bearish crop reports of Winter wheat tung Leased Territory were expand-further contributed to the easiness. if ing rapidly. Admittedly the Tientsin-'At the final bell, losses of 1% cents 3 geebetedete £ 285 Ba a8 Bee 882 s 88 ne
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Text read from the printed page and cleaned; old type leaves the occasional error.