For June Wednesday's Closing Quotations According to the monthly by the Chi Micitme E covering the Imports 939 foreign trade of China, net $720,884,998 and $411,460,223, as against $442310930 and $822,605,951 respectively im New York, July 26.
The cotton market early advanced on higher Liverpool and Bombay cables, géneràl buying and covering by shorts. Later, the market became strong and active on foreign buying, and closed with prices finishing from. 7 to 18 points up.
Prices in the rubber market early advanced on steady London cables and heavy trade buying. Later, belated liquidation offset the earlier gains, and the market closed steady with quotations ranging from 1 to 2 points down.
"After opening quiet, wheat prices in Chicago today advanced in sympathy with stocks, covering by shorts and a firm flour market. At the final bell, gains of from 1% to 1% cents were registered.
New York Cotton New York Rubber Seen im the Federal Financial Operations Washington, D.C, July 26. leadership in the fight tax reforms and a brighter budget picture highlighted—the] federal government's financial operations in the 1939 fiscal year ended Oct. 9400-02 +07 Sept. 1647-47—01 Dec. 888-89 +07 Dec, Jan. 8.76 N 407 867-67 +13 Mar.
852-52 +09 By:
843-43 409 May 16.58-60—02 BA
York Sitk Sept, (No. 1 Con.) Mar. 1.16% -17#une,—259-59—4244
Although final figures of the fovernrent's fiscal position at the Year-end will not be available until July $1, latest available treasury statistics indicated that the deficit will be approximately $500,000,000 less than was forecast in the pre-Sident's budget six months ago.
The budget estimated a deficit of $4,072,259,000, but an unexpected increase in receipts and a slight reduction in spending due to stricter control by the budget bureau combined to cut down the excess in Chicago Wheat Chicago Corn Sept. 63-83 +1% Sept. 3834-3974 +195 Dec. 64%-64%4-+114 Dec. 40%-41 FIB
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