New York, Jan. 27.
The cotton market early declined on lower cables, liquidation, hedging and the weakness of Wall Street advices. Later, the market partially advanced on foreign buying, but then again eased on renewed liquidation and realizing and closed barely steady, with quotations ranging from 4 to 7 points down.
Prices in the rubber market closed steady, with higher cables and some outside buying being offset by persistent liquidation. At the last call-over, losses of 1 to 8 points were recorded, Wheat prices in Chicago to-day advanced on mills buying, covering, a favourable cash demand and some speculative buying. At the final bell, gains of % to % of a cent were registered.
New York Cotton New York Rubber 840-4104 Mar. 1454-84—01 545-46—07 May 14.99-5.00—05
852-52—06 B/A
552-52—06 July—15.10-10—06 8.67 N—06 Sept. 1520-25—08
2.71 N—05 B/A
Text read from the printed page and cleaned; old type leaves the occasional error.