The cotton market opened steady and early advanced on active trade, Wall Street and foreign buying. Hedging was very light, and with offerings small the market finall closed strong, with quotations ranging from 9 to 10 points up-The rubber market early advanced on better cables, trade and factory buying ard shorts covering. At the last call-over quotations ranged from unchanged to 9 points up.
After early steadiness due to evening-up operations, wheat prices in Chicago declined on liquidation, a poor export demand and disappointing cables. At the final bell, losses of 1% to 1% cents were recorded The sugar market advanced on steady London advices, covering and light offerings. At the close, quotations were 1 point up. I Silk prices responded to better cables, less hedging and a more encouraging lead from the stock market. Closing quotations were a cent up.
4|. In the foreign exchange section several foreign currencies touched pod F: Be ey nee highs year, unde
EUM OE AEOS
rumours in London of a possible increase in the American gold purchase price.
Reports from Washington indicate that President Roosevelt declined to comment on the saying rumours of dollar devaluation, except sample of dangerous speculations in at it was an excellent the news field." Elsewhere, Government quarters ridiculed the rumours, even denying the event of a pos-
New York Cotton New York Rubber 174-74 410 Dec. 14.72-73 unc. 115-15 410 Mar. 1490-90 07 19-2 +10 May—1495-96 +06
184-85 +09 B/A
789-89 109 July 1504 N +09 000-00 +10 New York Sugar No.4
Text read from the printed page and cleaned; old type leaves the occasional error.