New York, Jan. 4.
The cotton market early moderately advanced on higher Liverpool cables, shorts covering and trade and foreign buying. Later, prices reacted on liquidation, switching, southern hedge-selling and shorts selling freely. Finally, the market closed quiet on profit taking, with quotations ranging from unchanged to 5 points down.
Trading in the rubber market today was dull, with prices moving within very narrow limits owing to a lack of interest. Speculative support was consequently not maintained. At the close, quotations ranged from 1 to 4 points down. 3 After early advancing on foreign and speculative buying, wheat futures in Chicago today reacted on liquidation, profit taking and reports of beneficial rains. At the final bell, losses of 1% to 1% cents were recorded.
New York Cotton New York Rubber Jen. 1118 N—9& Mar, 1110-10—08 May 1079-80—02 July 1045-45—05 Mar. 1899-00—01 July (N.C.) May 18.74-74—O8 1087 N—O6 July 18 7.59—2 wt. (NE) B/A 1005-05 unc.
Dec. (N.C)
10.0-00—02
N. Y. Sugar No.3 N. Y. Sugar Ni Mar, 191-92—Mor, 15152—4
B/A B/A
May 196-97 unc. May 152-53—4
B/A B/A
Sept. 202-08 +1 Sept. 1.533-54—4
B/A B/A
Text read from the printed page and cleaned; old type leaves the occasional error.