New York, July 7.
An irregular trend was witnessed at the opening of the stock market to-day. Metals and steels were sold down, while motors, rails and utilities had small'support. After a short period of realizing on a small scale. the market steadied on buying extending along the whole line result ting in recovery of part of the initial losses.
Faifly good buying support made for higher prices at the initial call ai the cotton section, October delivery gaining eight points from last docing level to 12.14. During early trading, demand continued unabated and October contract advanced a further five points to 12.19.
Liquidation tended to depress rubber prices during the period under review, At the opening, buyers were tflering 1935 for September option, a decline of fourteen points from yesterday's final call Later, the market continued to sag and September delivery recorded a further loss of four points to 19.31.
Wheat in the Chicago Grain Pit ruled quietly steady during early trading. At the initial call, September contract appreciated!& cent from previous closing level to 126. followed by a further advance of cent to 126%. Corn also moved upwards within a narrow range, with September option recording s total gain of 3& cent to 11334 at the time
Text read from the printed page and cleaned; old type leaves the occasional error.