New York, Dec. 11.
The cotton market early advanced on Liverpool prices recording maximum gains, shorts covering and trade end foreign buying. Intermediate profit taking, however, influenced a slight reaction. Later, prices further advanced on good commission house buying, Finally, the market closed strong on the reduction of the export subsidy stimulating renewed Wall Street, trade and foreign buying. with quotations ranging from 14 to 18 Points up.
Prices in the rubber market early advanced on substantially higher cables, and later further improved on shorts covering, outside buying and trade and factory absorption. At the close, gains of 31 to 35 points were recorded.
Wheat prices in Chicago today croned higher on shorts covering and some outside buying, but later eased on liquidation, realizing and the weakness of Winnipeg advices. At the final bell, losses of % cent were registered, ES Ses 2 sg
Text read from the printed page and cleaned; old type leaves the occasional error.