New York, Nov. 23.
Inactive conditions prevailed at the opening of the New York cotton} market today, but soon afterwards! prices advanced on higher Bombay cables, and then reacted on the reversal of trend in Bombay and lower Liverpool cables. Later, the market further declined on southern heageselling and liquidation and closed very quiet, with prices ranging from 5 to 7 points below yesterday's final levels.
Despite higher London cables, trading in the rubber market was quiet, characterized by professional operations and a certain amount of liquidation. At the close of the market, quotations ranged from 6 to 12 points down, compared with yesterday's closing levels.
Trading in the Chicago Wheat Pit was narrow today, influenced by the action ai corn. Closing prices were from unchanged to % of a cent below yesterday's final quotations. Corn advanced on the scarcity of offerings which influenced some new buying and covering.
New York Cotton New York Rubber —05 Dec.
15.00-93
08 Jan.
1585 N
~05 Mar.
1590-04.
07 May 1550-92
Text read from the printed page and cleaned; old type leaves the occasional error.