Thursday's Closing Quotations New York, July 27.
Cotton prices early declined on lower Liverpool cables and speculative, southern hedge and foreign selling, with liquidation much in evidence. Later, the market rallied mildly on covering, some Wall Street buying and a good export demand. However, renewed liquidation turned ihe market nervous and irregular, and, at the close, quotations ranged from 7 to 12 points down, compared with yesterday's close.
Trading in the rubber market was rather mixed. After early ruling steady, prices moved lower on liquidation and switching. However, some buying appeared at the lower levels. Closing quotations ruled from 5 to 7 points down.
Better Liverpool and Winnipeg advices, unfavourable Weather reports and good mill buying sharply extended yesterday's gains in the Chicago Wheat Pit today. At the final bell, prices closed from 1% to 1% cents up.
New York Cotton New York Rubber Oct. 889-99—07 Sept. 184041—07 Dec. 81-82—Q07 Dec. 1649-49—06 Jan. 858 N—08 Mar. 1651-53—06 Mar. 855-55—12 B/A May 842-43—10 May 16.53-55—05 July 831-31—12 B/A
New York Sugar No. 4 New York Silk Sept. 120-201; unc.
Mar. 1.1634-17 unc.
Sept, (No. 1 Con.)
24545—08
Chicago Wheat Chicago Corn Sept. (415-0436 +1% Sept. 419-414 Dec. 6555-6515 +1% Dec. 42%-4214-+1
Winnipeg Wheat Dec. 5336-5955.
Oct. 52 A B—Bid. A—Asked.—Reuter, Paris Bourse Paris, July 27.
The bullish trend which has prevailed at the Bourse during the past few days continued unabated today.
Prices went up sharply at the opening bell, slowed down somewhat later in the day, but spurted again towards the close to end the session at or near their highest levels.—Havas.
Text read from the printed page and cleaned; old type leaves the occasional error.