New York, Jan. 25.
The cotton market ruled very steady. Prices early advanced on higher cables, covering, trade, spe-curative and foreign buying, but later partially reacted on profit-taking and liquidation. Final levels ranged from 1 point up to 4 points down.
Sentiment in the rubber market was bolstered by the action of the International Rubber Regulation Committee fixing the quota at 60 per cent. for the second quarter. The reduction was greater than antic pated, with the result that prices moved up sharply. However, gains were somewhat pared as advances invited profi-taking, At tne nual bell, gains from 31 to 38 points were registered. la trading market was seen for} wheat. Reports of unfavourable weather conditions and better cables kept the market at a fairly even keel, with resulting final levels being of a cent. up compared with yes-, terday's closing quotations, New York Cotton New York Rubber Mar. 848-49—02 Jan. 8.79 May 856-56 +01 Mar. 15.30N +3% July 860-61—0] May—1540-45 F34 Oci. 869-09—04 July 1552-53 434 Dec. 816-76—01 Sept. 1543N +31
New York Sugar No. 4 New York Silk Mar. 11413541 Mar. 149-50 une.
B/A B/A
Text read from the printed page and cleaned; old type leaves the occasional error.