New York, June 22.
Trading in the cotton market was early active on good buying and covering, influenced by the Senate approval of the compromise Appropriations Bill, together with subsidy payments. Some liquidation and hedging was in evidence, but this was offset by the steadiness of spots and good southern advices. At the close, prices ruled active and strong, ranging from 3 to 13 points above the previous final levels.
Dull and featureless conditions again prevailed in the rubber market today. However, the steadiness of London advices imparted a good un-3|dertone to the market, and, at the close, losses from 1 to 4 points were recorded.
Reports of favourable weather and good growing conditions, combined with the weakness of Winnipeg, brought about a further decline in wheat futures in the Chicago Grain Pit today. The market opened lower, and later further declined on liquidation and hedging to close with losses ruling from % cent to 1% cents.
New York Cotton New York Rubber July Oct. Dec. Jan.
Mar.
935-85 +03 July 1621-28—03 868-70 +12 Sept. 1635-35—04 443-44 +12 Dec. 1641-41—08 83N +12 Mar. 1646-46—01 822-22 +10
May 814-14 +09
New York Sugar No. 4 New York Silk July (No. 1 Sept. 119-1912 H02 232B-39A——20à
Text read from the printed page and cleaned; old type leaves the occasional error.