New York, Dec. 29.
Cotton prices declined on southern hedging and foreign selling, while a little trade buying wes offset by liquidation. The spot market was inactive, while textiles continued to rule firm. At the close, quotations ranged from 4 to 9 points down competed with the previous final levels.
The rubber market was featureless today, as operators were not inclined to enter into any new commitments over the year end. Small factory buying wes met by liquidation. At the last call over, losses from 6 to 12 oints were registered.
Firm foreign advices induced a higher opening in the Chicago Wheat Pit today. Later, prices advanced further on local support, influenced by reports of continued unfavourable weather. At the final bell, gains of cent were recorded.
New York Cotton New York Rubber!
Jan. Mar.
May July Oct. 760-61—July Dec. 782-82—9
Text read from the printed page and cleaned; old type leaves the occasional error.