New York, Dec. 19.
The cotton market early ruled quiet, with price changes comparatively narrow. Scattered speculative and local buying were offset by unencouraging cables, the lack of in-centimes and liquidation. Finally, the market firmed up and closed fairly active, on trade and commission house buying and covering by shorts, with quotations ranging from 5 to 10 points up.
After opening steady, prices in the rubber market today advanced on higher cables, professional buying and a good consumer demand. Improved factory interest additionally aided the market. At the last call over, gains of 11 to 22 points were recorded.
Wheat prices in Chicago opened higher on firm overseas cables, Liverpool buying and the strength of other grain markets. Later, prices further hardened on a better milling demand and some new buying. At the final bell, gains of 5& of a cent gistered.
New York Cotton New Yor Rubber Jan. 829-90 405 Jan. 16.
Mar. 827-27 406 Mar. 163435 -H8
May 807-10 407 May 163891 +22 July—730-82 +08 July 16.2433 +18 Oct 755-55 409 B/A
758 N +10
York Sugar No.4 New York Silk 1193-14
May 1141-15
Text read from the printed page and cleaned; old type leaves the occasional error.