New York, Jan, 15.
Firm conditions prevailed in the cotton market, with quotations early advancing on higher Liverpool advices, speculative and foreign demand and shorts covering. Later, the advance was accelerated on "spot" house buying a further foreign demand and in sympathy with the closing strength of stocks. At the close, quotations ranged from 3 to 21 points up from the previous final levels.
Raw rubber futures were early depressed by overnight selling orders, but later rallied on shorts covering and foreign buying, owing to reports of intensified warfare in Europe. At the last call over, quotations were from 14 points down to 10 points up from Saturday. ra Wheat prices early ruled steady on mills buying and shorts covering. Later, the market turned firm on a good cash demand and speculative buying, owing to European reports of the possibility of the war spreading. At the final bell, gains from 1% to 2% cents were recorded.
New York Cotton New York Rubber Jan. 11.02N +03 Mar. 11.08-09 416 May 1083-83 418 July 1044-44 +19 Mar. 1887-88—14 July (N.C) May 1857-57—03 10N H9 July 1831-35 +02 Oct. (N.C) B/A 985-85 +19 Dec.
9.79-79 +21
N. Y. Sugar No. 3 N. Y. Sugar No. 4 Mar. 152-52—01
May
B/A B/A
200-01 +04 May 15214-53—01
Sept.
1.539-54—01
Chicago Wheat Chicago Corn May 10014-10014+2 May 5844-58% July 98-9814 41%
Winnipeg Wheat New York Silk No, 1
May 84B H4 Mar.
Text read from the printed page and cleaned; old type leaves the occasional error.