New York, Nov. 4.
The colton market early declined on Liverpool and Bombay cables, liquidation and moderate selling, with buyers timid owing to the general declining tendency of all markets. Later, the market partially rallied on fairly substantial dealer price-fixing, covering and moderate switching to later months and closed steady, with quotations ranging from unchanged to 3 points down.
The rubber market early declined to new lowson theeasiness of cables, Far Eastern offerings, trade selling. liquidation of stop-loss orders. Towards the close prices rallied partially in sympathy with the stock market. At the last call-over, losses of 18 to 20 points were recorded.
In the Chicago Grain Pit, the continued scant foreign demand and uncertainty over the action of securities brought sporadic professional liquidation. Liberal Russian shipments, showers in Argentine and helpful moisture in Kansas contributed towards the establishment of new season's lows. At the final bell, losses of 1% to 2% cents were registered.
The sugar market eased slightly on tired long liquidation and foreign selling, reflecting easier London advices. Closing quotations were from unchanged to 1 point down, Trading in the silk market was again a dull affair, with operators generally adopting a waiting attitude. At the close quotations were from 1% to 1 cent down, In the metal market, domestic copper was under new pressure, resales by leading customs smoters offered at 11% cents.
New York Cotton New York Rubber 164-64—02 Dec.—1402.3—20 185-65 unc. Mar. 1483-84—18 189-69—03 May 1489-89—18 715-75—02 July 1495-95—18 130-80—01 790-90—01
New York Sugar No. 4 New York Silk Mar. 109-0015—1 B/A Mar, 153B-54A—1 Sept.
Text read from the printed page and cleaned; old type leaves the occasional error.