New York, Nov. 15.
The cotton market was generally quiet, but steady to-day. Prices declined on lower Liverpool advices, moderate selling of near months, Wall Street selling and hedging. The trade, however, absorbed December Government funds, banking, insurance, property, commercial mining and industrial shares.
Sums from £23 upwards accepted offerings. At the close, quotations were from 7 to 8 points down compared with Saturday's levels.
Rubber prices ruled irregularly easier, owing to the disappointing domestic October statistics, At pre sent local and commission house
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