New York, Apr. 2.
Trading in the cotton market was early inactive, but prices ruled steadier, with lower Liverpool advices offset by the continued absence of contracts. Later, there was fair trade and foreign buying on a firmer stock market, but speculative interest proved to be negligible. Finally, the market closed steady, with quotations ranging from 9 to 11 points up.
Prices in the rubber market to-day extended their recovery on the firmness of cables, better Wall Street &dvices, foreign and dealer buying, shorts covering and a commission house demand. At the last call-over, gains of 42 to 48 points were recorded.
After being steady, wheat prices in Chicago declined on general selling based on an estimate suggesting that the winter wheat crop will be 755,000,000 bushels, compared with 685,000,000 bushels last year. Very little spot business was reported. At the final bell, losses of 114 to 1% cents were registered.
The sugar market ruled dull today, with a little scattered buying on steady London advices being reported. No selling pressure was evident. At the close, quotations were from unchanged to a % point New York Cotton New York Rubber May 866-67 +09 May 1140-45 443 July 814-4 +11 B/A Oct.—880-80 +09 July 110-58 447 Dec. 882-83 +10 Sept. 1168-69 +48 Jan. 884 N +10 Dec, 1186-86 Mar. 888 N +10
New York Sugar No,4 New York Silk Sept. 1.011-02 une. Market closed.
Text read from the printed page and cleaned; old type leaves the occasional error.