New York, Feb. 9.
Cotton prices ruled very steady today, with quotations advancing on higher Liverpool cables, trade and general buying and shorts covering. The House of Representatives has passed the Farm Bill, which is on its way to the Sentate. At the close, quotations ranged from 5 to 13 points up from the previous final levels.
Featureless conditions prevailed in the rubber market, with prices early moving higher on better London advices, but later partially reacting on reports of labour difficulties at Akron. At the last call-over, gains from 3 to 7 points were recorded.
The firmness of foreign markets induced a higher opening in the Chi-cage wheat market, whilst reports of the continued drought in the South-West were stimulating. Export inquiry was negligible. At the final bell, quotations showed gains of % of cent from yesterday.
New York Cotton New York Rubber 8.71-77 +13 831-88 12
"9.02-02 105 9.06 N +05
New York Sugar No.
Text read from the printed page and cleaned; old type leaves the occasional error.