New York, July 30.
The cotton market early moderately advanced on improved buying and shorts covering. Later, prices further appreciated on trade buying and the strength of Wall Street. Finally, the market closed quiet on the steadiness of spots, with quotations ranging from 4 to 5 points up.
Prices in the rubber market today moved higher on an improved speculative demand, especially for distants, higher cables, shorts govering and some speculative repurchases. At the close, quotations ranged from uhchanged to 19 points up.
Wheat futures in Chicago today advanced on mills and outside buying, shorts covering, a firm corn market and the strength of Wall Street. At the final bell, gains of 1% to 1% cents were recorded.
N. Y. Cotton (N.C)
N. Y. Rubber Oct. 940-41 +04 July 8.69-69 +05 Dec. 928-28 +05 Spt.
1951-51 unc. Jan. 017N. 404 Dec. 1897-97 -+19 Mar. 900 N. +04 Jan. 1888 N. +17 May 87N. 40t Mar. 18.73 N. +18
Text read from the printed page and cleaned; old type leaves the occasional error.