Last week the New York Commodity Exchange celebrated its first anniversary under one roof. Silk had been dull for more than a year. Hide sales had dropped 47,000,000 lb. Copper, restricted by NRA price controls, had been inactive for months, as had tin, affected by cartels abroad. Trading in silver futures slumped off three weeks ago when the Silver Purchase Act slapped a 50% tax on the profits of silver speculators. Only rubber continued to be active. Last week the Commodity Exchange, casting about for other staples...
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