New York, June 25.
Trading in the cotton market was early moderately active and prices declined on Liverpool cables and moderate Liverpool and Bombay selling, as well as some week-end liquidation. Later, the market advanced on trade buying, shorts covering and the steady tone of stocks. Finally, the market advanced further on the return of showery weather and general buying and closed steady, with quotations ranging from 3 to 7 points up.
After easiness, wheat prices in Chicago rallied on general buying, the strength of securities and reports of rain in the south-west, while the lightness of hedge pressure and a moderate foreign demand aided sentiment. At the final bell, gains of to 1% cents were recorded.
New York Cotton 1
July—825-15 403 Jan.—884-84 +05 Oct, 8160-78-05 Mar. 888-88 +04 Dec. 883-83 +05 May 893-93 +07
Chicago Wheat Chicago Corn T4774) H1SeTuly 5755-575 um. Sapt. 78%-7844+1%¢Sept. 59-59%
Winnipeg Wheat Montreal Silver July 1097-107 +14July 4230-230 unc.
Text read from the printed page and cleaned; old type leaves the occasional error.