New York, Dec. 16.
The cotton market early moderately advanced on higher Liverpool advices, speculative buying and shorts covering. Later, prices reacted on liquidation, profit-taking and the easier trend of Wall Street. Finally, the market further eased on commission house selling and renewed liquidation and closed barely steady, with quotations ranging from 3 to 7 points down.
Prices in the rubber market openett quietly steady, with unencouraging cables being offset by some professional interest. Later, the market rallied moderately on commission house buying, more factory interest and some covering operations. At the last call-over, gains of 4 to 13 points were recorded.
Trading in the Chicago Wheat Pit today was quiet and more or less featureless. Most operators were inclined to be inactive, and the volume of business passing was consequently very small. Price changes were narrow, with the market moderately declining on favourable weather reports, lower cables and the weakness of other grain markets. At the final bell, losses of % to % of a cent. were registered.
New York Cotton ' New York Rubber Jan. 820-20—04 Jan. 16.13 N
Mar. 817-17—% Mar. 1611-12 +04 May 797-98—0 May 1609-09 July 769-70—05 July 1610-10 Oct 741-41—03
New York Sugar No.4—New York Silk.
Mar. 11214-13—!3
May 11315-14 unc.
Text read from the printed page and cleaned; old type leaves the occasional error.