Tuesday's Closing Quotations New York, Dec. 13.
The cotton market early declined on lower Liverpool and Bombay cables, liquidation and realizing. Later, some speculative buying met with local and foreign selling, with most operators content to remain on the side-lines. Finally, the market further drifted down on renewed liquidation, influenced by New Orleans and trade selling, and closed barely steady, with quotations ranging from 6 to 8 points down.
Trading in the rubber market today was featureless, with prices early depressed by unencouraging cables and a lack of incentives. Some commission house selling was offset by the strength of Wall Street. At thei last call-over, losses of 2 to 4 points were recorded.
Bombay Rupee T. T, on:
New York 28° 2 mths Japan 78% London Shanghai 4814 (sellers) Hongkong 8614 N
Tondon £ Sterling T. T. on:
New York 466,50 Paris 117,75 Berlin 1189 Hongkong Brussels 7.10 Singapore Amsterdam 8.5814 Yokohama Milan 88.65 C'slovakia 136.189. Madrid 100.00 " (buying) unq.
Berne 20.62 S—selers. N—nom.
New York U.S.$ T. T. on:
Profit-taking and the heaviness of Winnipeg cables early brought about a downward adjustment in wheat prices on the Chicago Board of Trade, with week foreign markets, Eastern selling and the easiness of corn additional unfavourable factors. At the final bell, losses of % of a cent were registered.
New York Cotton New York Rubber 08 Jan. 16.00 N—02—08 Mar. 15.96-99—04—08 May 15.95-95—04—08 July 15.96-97—04
4010 Japan Ung. Shanghai 54.36 Austria 2.62% C'slovakia 16.841%
Text read from the printed page and cleaned; old type leaves the occasional error.