New York, Feb. 23.
The cotton market was early active and prices advanced on Liverpool cables, the firmness of the stock and commodity markets, the bullish reaction to European political developments, hedging and buyers covering. Finally, the market advanced further on foreign, trade and general buying and closed strong, with quotations ranging from 5 to 14 points up.
Prices in the rubber market early advanced on high cables, more support, covering and general buying. Later, the market partially reacted on profit-taking and realizing. At the last call-over, gains of 4 to 12 points were recorded.
Wheat prices in Chicago were early higher on firm foreign markets, covering, European enquiries and a good export demand. At the final bell, gains of 1% to 1% cents were registered.
New York Cotton New York Rubber 927-27 +14 Mar. 931-32 to7 May 1543-17 404 15.55-35 40. 1530-55 +11 1504-54 412
Text read from the printed page and cleaned; old type leaves the occasional error.