Cotton prices fluctuated feverishly, due to the uncertainty over the Gov ernment loan, which had a restricting influence on operations. Further overnight liquidation was met by trade buying. Later, the market reacted on hedge-selling, but again rallied on covering to finally close steady, with quotations ranging from 3 to 6 points down compared' with yesterday's close.
The rubber market declined to-day on the easiness of Singapore advices, whilst commission house selling was accredited to foreign accounts. Tired long liquidation was also in evidence. Factory interest continues to be slack, At the last call-over, quotations were 26 to 28 points lower, from the previous day.
Prices in the Chicago wheat market advanced on the strength of cables and the Winnipeg market, the appearance, of an export demand for North American wheats, and_coupled with the bullish Canadian(Government report. At the final bell, gains anged from 3% to 3% cents Irregular trading was witnessed in the sugar market to-day, Commission house selling and liquidation was met by Cuban operators, foreign and trade buyifig. The feature of the di was the switching of September 1937 to distants. Final quotations were unchanged to half-a-cent lower from yesterday.
Silk prices to-day reflected the overnight steadiness of the Japanese market. The trade absorbed commission- house offerings. However beurrent labour and Far Eastern political situations are restricting activity At the end of the day's trading, quotations showeal advances ranging from 1% to 2 cents.
New York Cotton New York Rubber Qct. 10.29-40 03 Sept. 18.50-50—28 Dec. 1031-32 06 Dec. 1861-62—28 Jan, 1035-35 06 Mar. 18.72-72—28 Mar, 1044-44 06 May 884N.—27 May 10.81-47—06 July 10.50-50—08
New York Sugar New York Siti Sept.l.20t@B-21A—ty Sept. 1.81-81 +112
Chicago Wheat Chicago Corn Septl13%4-119%419'4 Sept, 101% Dec.114%4-1149¢48%% Dec." 66%-6612 May116%-116%+3% May 6794-67%—1%
Winnipeg Wheat Montreal Silver Oct. 127% B. +5 Sept. 44.65. 10 Dec, 124%4-B) 15 B/A
B—Bid. A—Asked Reuter,
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