New York, Nov. 9.
The cotton market early advanced on heavy speculative and foreign buying, short covering and the strength of Wall Street, with sentiment buoyant, aided by the strength of other commodities. Later, prices partially eased on lower Liverpool cables and profit-taking. Finally, the market again rallied on renewed foreign buying from 5 to 9 points up.
Prices in the rubber market gradually gained strength on higher cables, a better general enquiry, speculative, trade and commission house buying and the strength of the stock market. Factories were also more interested. At the last call over, gains of 10 to 15 points were recorded.
Wheat prices in Chicago early moved higher- on the pronounced strength of foreign markets, covering, some new buying and better export and mill enquiries. Later, the market partially eased on realizing and profit taking, At the final bell, gains of to a lg cent were registered.
New York Cotton NeW York Rubber Jan. 843
407 Dec, 17.20-20 +415 +09 Jan.
09 Mar. May 824-24
Text read from the printed page and cleaned; old type leaves the occasional error.