New York, July 19.
Fairly good buying support was witnessed at the opening of the stock market this morning. Under the leadership of steels, practically all sections responded to the upward movement. Rails were some neglected, while utilities had a mixed trend. As trading progressed, demand continued unabated improvement was accelerate: time of going to pr gains were recorded up to slightly over three poi Realizing tended to ease cotton prices at the outset and October option declined four points from previous final call to 11.98. Good trade demand thereupon set in and October delivery improved eight points to 12.06. Profit-taking hampered the upward movement and a reaction of two points to 12.04 was registered for October contract, Easier conditions prevailed in the rubber market. At the/initial call buyers were offering 18.85 for September option, a decline of thirteen Points from yesterday's Business resulted at 18.92 for September delivery and no further change was recorded up to the end of the period under review Liquidation on a small scale governed wheat in the Chicago Grain Pit during early trading. "Opening with a drop of %4 cent from last final level to 127!2, September delivery lost a further!& cent to 12 Corn prices also eased off in sympathy with wheat. At the time of going to press, September contract was quoted at 111%, a total decline of % cent from yesterday's close.
Silver futures on the Montreal ex: change opened barely steady, September contract losing ten points to 44.50 bid and 4500 asked—Reuter "Wall Street Journal" Comment
Text read from the printed page and cleaned; old type leaves the occasional error.