New York, Jan. 18, The cotton market early ruled steady on higher Liverpool and Sombay cables, which, however, were offset by the failure of the conference of Southern Senators to some to any understanding on the disposal of the cotton surplus. Fluctuations were narrow, and final quotations ranged from 1 point up to 4 points down compared with yesserday's final levels, The early steadiness of the rubber market on good consumptive reports was later followed by a slight downward adjustment in price levels on profit taking and liquidation, However, there was litre in the news to affect the market either way to any great extent. Trading was generally dull and featureless, and the close saw quotations ruling from 5 to 8 points below the previous close, Higher Liverpool and Winnipeg advices, combined with the steadiness of the Argentine market influenced an advance on the Chicago Board of Trade today. Inditial gains were well-maintained through the session, and, at the final bell, advances of from % of cent to 1 cent were registered, New York Cotton New York Rubber Mar. 84041—01 Jan. 15.77 N—08
May—817-7 401 Mar. 1590-90—00 July 791-91 +01 May 150-82—06 Oct. 741-41—02July 1590-44—05 Dec. 740-40—04 B/A Jan. TAEN unc.
New York Sugar No. 4
Text read from the printed page and cleaned; old type leaves the occasional error.