New York, June 28.
The New York cotton market opened easy today, with quotations ruling from 36 to 48 points down on in-from 47 to 54 points down done previous final levels.
"Weak conditions prevailed in the Chicago Wheat Pit, with prices sagging on liquidation and general selling, being influenced by the Government proposal of a price-ceiling for cottonseed oil at far below current prices. At the final bell, losses from 3% to 3% cents were registered.
Text read from the printed page and cleaned; old type leaves the occasional error.