New York, Feb. 6.
Dull but steady conditions were witnessed in the cotton market, with traders keeping to the side lines, pending clarification of some Washington uncertainties. Prices early advanced on trade buying, but later reacted slightly on southern hedging and New Orleans selling to close about 1 point down from Saturday's levels.
Rubber prices early moved higher on a little factory buying, but subsequently the market eased on general selling. At the last call over, quotations were from 5 to 8 points down from Saturday's final levels, Slightly easier conditions prevailed in the Chicago Wheat Pit today, owing to bearish overseas advices and the paucity of export inquiry. At the final bell, losses from to % cent were registered.
New York Cotton New York Rubber Mar. 845-45—01 Mar. 1585-94—07 May 816-16—01 B/A July 787-87—01 May 1515-171—0 Oct. 748-48—01 B/A Dec. 74—July 1525-75—07 Jan. 750N—01 Sept. 15.75-80—07
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