New York, July 15.
Cotton prices early moved lower on bearish foreign cables, foreign and local selling, final July liquidation, generally favourable weather and reports of too much rains in portions of the Eastern belt. Later, the market rallied in sympathy with the action of securities and covering to close steady, with quotations ranging from 1 point down to 1 point up from the previous final level Bullish London cables early infuenced the rubber market here and the advance was accelerated favourable domestic June statistics, covering and commission house bu which absorbed primary ofter-At the last call-over, gains from 17 to 23 points were registered.
Quiet conditions prevailed in the Chicago Wheat Pit today and prices moved lower on reports that southwestern farmers were dissatisfied with the Government Loan Programme, coupled with favourable weather and crop advices and hedge ing. There was, however, some evidence of a Russian demand, while the new crop movement continued to be on a liberal basis. At the final bell, losses from 1% to 1% cents were recorded.
Sugar prices moved higher today on steady London wires, Cuban and foreign operators buying and an improved technical position. At the end of the des trading, values were increased by 1. to 1% points from yesterday.
New York Cotton New York Rubber Oct. 864-64 +01 Sept. 15.08-10 +17 Dec. 8.712-12—01Dec. 15.25-25 +22 Jan. 8.73-13 unc. Jan. 1528 B +23 Mar. 8.171-77 unc. Mar. 1534-34 +20
May 880-80—01
New York Sugar No. 4 New York Silk Sept. 100-0114 +1July 1.7714-794414
B-A B-A
Text read from the printed page and cleaned; old type leaves the occasional error.