Cotton prices fluctuated within a narrow range, with traders awaiting clarification of pending issues in connection with the cotton programme: At the opening, barely steady conditions prevailed due to the apathy of operators and lack of speculative interest. Later, some new buying and short covering developed and, at the close, quotations ranged from ' unchanged to 5 points up, compared with yesterday's final levels.
A lower opening was seen in the rubber market, with profit taking depressing prices. However, offerings were well absorbed, and final price changes were 6 to 11 points below the previous close.
Narrow conditions prevailed in the Chicago Wheat Pit, with price fluctuating either way. Weather new: continues to be a factor in the market. At the final call, quotations were from 3a cent down to 14 cent up, compared with yesterday's closing levels.
New York Cotton New York Rubber Mar, 8.4040 +01 May 802-03 une. July 7.75-716 +05 Oct. 725-35 unc. Dec. 7.371-37 uno, Jan.
14040 05 Mar.
16.10-10 May 16.10-11—05
July 16.03-05—10 Sept. 16.04-05—11
New York Sugar No.4 New York Silk Mar. 1.131-14 +1% May 1.111312—133
Text read from the printed page and cleaned; old type leaves the occasional error.