New York, May 2.
The cotton market opened higher on bullish overseas advices and covering, but later reacted on spot house selling and liquidation. Final quotations ranged from 7 points down to 7 points up, compared with the previous closing levels.
The rubber market presented a steady appearance on good buying and covering, steady London cables and better trade interest. At the close, gains ruling from 12 to 16 points were recorded.
Conditions in the Chicago Board of Trade were somewhat irregular. The firmness of Liverpool. cables and unfavourable weather reports imparted early firmness, but later a reaction set in on liquidation and profit-taking. At the final call, fractional gains of cent were recorded.—Reuter.
New York Cotton New York Rubber May 843-44—02 July 1599-96 +13 July 718-18—07 Oct T12-12 402 Dec. 756-56 +04 Jan. 154-54 +07 Dec. Mar. 753-53 +06 Mar.
New York Sugar No. 4 New York Silk July 14834-49 44% May- (No. 1 cent.) Sept. 129-2932 +215 252B-54 +4
Chicago Wheat Chicago. Corn July 73-5355 Sept. 1314-7314
Text read from the printed page and cleaned; old type leaves the occasional error.