New York, Nov, 13 Trading in the cotton market was inactive and prices ruled easier on a. little selling, liquidation and in sympathy with lower Liverpool and Bombay cables, Steady conditions prevailed at the close, with quotations ranging from 10 to 13 points down compared with yesterday's close, Rubber prices eased on disappointing cables, the hesitancy of the stock market, dealers selling and the disposition of speculators to lighten commitments over the week-end. At the last call-over, losses from 31 to 35 points were recorded.
Belief that the seriousness of the Argentine frost damage has been exaggerated, coupled with the failure of European imports to follow through with purchases dampened enthusiasm in the Chicago Wheat Pit to-day. Evidence of an impaired technical position, the absence of new buying and the easiness of the Winnipeg market were depressing factors. At the final bell, quotations were from a cent to 1 cent down from yester-
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