New York, Mar. 2.
The cotton market early declined en unfavourable overseas advices, hedging and liquidation. Later, however, prices rallied on trade and foreign buying and covering by shorts. Closing quotations were steady ranging from 6 to 8 points up from the previous final levels, Trading in the rubber market was quiet and featureless, with prices declining on some profit-taking and the absence of factory interest. At the last call-over, losses from 10 to 13 points were recorded.
Lower quotations were witnessed in the Chicago Wheat Pit owing to reports of continued moisture being received in the south-west and the paucity of export inquiry. At the final bell, prices ranged from 34 to 5g of a cent down from yesterday.
New York Cotton New York Rubber May—918-19 +08 May July Oct. 9 Dec—93494 Jan. 935 N. +07
New York Sugar No.4 New York Silk Sept. 110-10—1 Mar, 1581-59144
Chicago Wheat Chicago Corn July seise—i July CULA 9344-934; 49 May 59%§-59%
Winnipeg Wheat Montreal Silver May 127-127—!5 Mar. 4450-90 unc.
B—Bid. A—Asked.—Reuter,
Text read from the printed page and cleaned; old type leaves the occasional error.