New York, March 14.
The cotton market early advanced on a higher stock market, and the overwhelming farmers vote in favour of acreage allotments. Later, Liverpool and Bombay were again leading selling, but some foreign buying was also noted, attributed io the transfer of foreign capital into American commodities. Finally. ihe market declined further on renewed Bombay selling, liquidation and hedge-selling and closed steady, with quotations ranging from 4 to 8 points down, Prices in the rubber market early advanced on the firmness of London cables, which induced some commission house demand, but, in view of prevailing uncertainties, buyers were reluctant to follow-up. Consequently, prices receded from the day's highs on dealer offerings. At the last call-over, gains of 11 to 19 points were recorded, Wheat prices in. Chicago declined sharply on pressure of liquidation, very favourable crop weather in the south-west, the weakness of a holding market, less uneasiness reger ing the European political situation and the continued apathy on the part of -foreign importers. At the final bell, losses of 2% to 27% cents were registered.
New York Cotton New York Rubber May 889-88—5 May 1438-38 -19 July 8592-92—07 July 1446-46 +15 Oct. 902402—0& Sept. 1439-56 +11 Dec. 903-03—5 Dec. 1419-79 -+16 Jan, 903-04—08
New York Sugar No. 4 New York Silk Sept. 102-0214114 Mar, 1.60-60% +13
B/A B/A
Text read from the printed page and cleaned; old type leaves the occasional error.