New York, Mar. 24.
Irregular conditions early prevailed in the cotton market, influenced by moderate orders either way. Later, the market steadied-up in sympathy with Wall Street, New Orr in the cotton-goods trade, xps ing end a slight improvement!
with Tax Bill developments "Washington. Finally, prices eased partially on realising to close Lori with quotations ranging from 1 point own to 5 points up from the preopen inclined to be easier on dealer selling against primary Offerings. However, the market Tallied on the withdrawal of dealer pressure, a better stock market tone and shorts covering. Finally, prices closed barely steady on mixed selling, with quotations ranging from unchanged to 6 points down from yesterday.
Chicago wheat prices opened higher in sympathy with the unexpected strength of Liverpool, European crop complaints the improvement in foreign demand and the better tone of securities. Reports of dust storms were helpful influences. At the final bell, gains from % to X of a cent were recorded.
Liquidation, foreign selling and easier opening London cables had a depressing effect on sugar prices here at the outset. Later, the market rallied on producer buying, covering and steadier London closing advices. At the end of the day's trading, quotations ranged from % a point down to 1 point up.
With the weakness of the Japanese spot market offsetting the steadiness of the Bourse, barely steady conditions prevailed in the silk market on mixed trading. Later, prices steadied in sympathy with Wall Street and shorts covering. At the close, values were from unchanged to one cent down from the previous day.
New York Cotton New York Rubber May—861-82 unc May 1249-91 unc, July B/A Oct—873-73 +01 July 129-02 unc. Dec. 825-15 +02 Sept, 1510-12—05 Jan. 836-76 401 Dec. 1331-33—06 Mar. 881-82 +05
New York Sugar No. 4
Text read from the printed page and cleaned; old type leaves the occasional error.