New York, May 4.
The cotton market opened slightly higher on Liverpool cables, and later ihe advance was sustained on trade buying and covering by shorts Finally, the market closed firm, with quotations ruling from 1 point do to 2 points up, compared witn yesterday's final levels.
The rubber market was a trading affair, with operators awaiting the meeting of the International Rubber Regulation Committee, News was generally featureless and the market closed dull with quotations ruling from 10 to 12 points under the previous close.
Continued reports of crop damage from the south-west, the firmness of Winnipeg and Liverpoo? brought about a rally today in wheat futures on the Chicago Board of Trade. The market opened higher and advanced on good buying and covering, and finally closed with gains ranging from to 1% cent.
New York Cotton New York Rubber May 859-53 +02 July 826-26 +02 Oct 774-5—01 Dec. 758-58 unc.
July 1595-99—12
Sept. Dec.
Jan. 756-56 unc.
Mar. 755-55 unc.
Mar.
New York Sugar No. 4 New York silk July 148-49 unc.
Sept 12434725—255 fe B/A
Text read from the printed page and cleaned; old type leaves the occasional error.