There were indications of a disagreement between the two Chinese governmental agencies engaged in purchasing the China tea crop. These iwo agencies are the Fuhua Trading Ca, a subsidiary of the Chinese Foreign Trade Commission, and the Chinese National Tea Corporation. another Chinese Government concern.
It was understood here that the Chinese National Tea Corporation has financed extensive tea buying in the interior of China with a view to ranged from 8 to 15 points down.
Wheat. futures in Chicago today opened mildly lower on Liquidation by nervous holders, but the market later rallied on more export enquiry, shorts covering and mill, spe-curative and spot houses buying. At the fina] bell, gains of % to % cent were recorded, New York Cotton New York Rubber Mar. 1100-00 +10 1013-74 +42
July (NE) Mar, 1902-02 1047-47 +08 May 1854-54—10 Oct. (N.C) July 18.17-20—15 92-72 412 Dee. (N.C)
939-80 +12 Jan. (N.C)
955 N +12
N. Y. Sugar No. 3. N. Y. Sugar No.
Mar. 185-86—l Mar. 1543-55 +46
May 19249—1 May 1361250
B/A B/A
Sept. 203-04—1 Sept. 155-56 +1
B/A B/A
B/A B/A
Text read from the printed page and cleaned; old type leaves the occasional error.