New York, June 29.
No. 1 heavy melting steel scrap at Pittsburgh has again advanced $0.25 to $1300 per ton.—Reuter, Wednesday's Closing Quotations Annual Meeting of includes. an item of $28,134.20 for necessary additions, bought on the. hire-purchase system, which were added to our printing plant last sum-
New York, June 29. Trading in the cotton market was did.not attract much new buying. Finally, the market advanced further on the continued strength of stocks and closed steady, with quotations ranging from 2 to 5 points up.
Prices in the rubber marke advanced to new highs on the strength of: stocks, continued factory interest in actuals, covering, the prompt. stoppage of 82 July notices and general buying of distants, which easily absorbed profit-taking and hedge-selling against shipment purchases. The general demand at present is smaller, but the buoyancy of stocks is expected to bolster sentiment. At the last call-over, gains of 73 to 87 points were recorded.
After early firmness on the upturn of securities, wheat prices in Chicago declined on the easiness of Liverpoot advices, favourable harvest weather and helpful showers in & North Dakota which checked the advance. Finally, the market eased further on hedge-selling and prospects of increased new crop movements. At the final bell, losses of % to % of a cent were registered.
In the sugar market trade, commission house and operator büying was absorbed bf Cuban selling. The market closed steady, with optimism prevailing over the forthcoming international conference on July At the close, quotations ranged from 1% points down to a % point up, New highs were recorded in the silk market on the strength of cables and securities, the lightness of offerings, hedge lifting against increased sales in the outside market and fresh speculative, trade and importer absorption. Closing quotations were from 6 to 6 cents up, New York Cotton New York Rubber
Text read from the printed page and cleaned; old type leaves the occasional error.