Wednesday's Closing Quotations New York, Nov. 3.
The cotton market to-day was early moderately active and prices declined on Liverpool cables, favourable weather, increased private crop estimates, the weakness of the stock market and active December liquidation and exchanging to later months on an easier spat basis. The trade was the best buyer on the scale-down, but confidence was lacking. Finally, the market advanced on moderate covering and closed steady, with quotations ranging from 9 to 22 points down.
After reflecting disappointing tables and the extended easiness of securities, the rubber market declined on trade selling. Later, shorts yere covering and commission houses buying on the scale-down. At the last call-over, losses of 40 to 41 points were recorded.
Wheat prices in Chicago early: sagged to new season lows on professional pressure, liquidation, the easiness of securities, the present attitude of speculative elements, lull in the export demand, despite favourable parities, together with satisfactory crop weather in the Southern Hemisphere and bearish private estimates At the final bell, losses of 2 to 2!s cents were registered, 1 The sugar market closed quiet on scattered selling, liquidation, easy London advices and a poor offtake. Closing quotations were from 1% to 2% points down, Sentiment in the silk market was somewhat mixed, and prices eased on the hesitancy of buyers, liquidation and commission houses selling. At the close, quotations were from 1% to 2 cents down.
New York Cotton New York Rubber Jan. 9 Dec, 7.66-67—22
Mar.
May July Oci. 791-91—10
Dec. 14.92.98—40 B/A, 15.01-03—4l 15.13 N—41
New York Sugar No. 4
New York Silk Mar, 11061041 154-54—113
B/A"
Chicago Wheat Chicago Corn Dee. 917 May 91 13-5930 no change
Text read from the printed page and cleaned; old type leaves the occasional error.