New York, July 17.
The cotton market opened irregular today, with quotations ruling from 6 points down to 4 points up. Prices were early inclined to move lower {y on speculative selling, influenced b; price-control talks and the Commodity Exchange Administration request that all exchange adopt uniform margin requirements of at least 15 per cent. Later, the market rallied on trade buying and unfavourable crop prospects, At the close, quotations ranged from 3 points down to 6 points up from the previous final levels, Trading was quiet and featureless In: in the market for raw futures, with pointe down 10 points up.
Conditions easy on the Chi-se Space in the talks of price-control increased margin requirements. At the final bell. losses from 1% to 1% cents were registered.
New York Rubber Sept. 2200-18—02
Dec. 2190-95 +10
Mar. 21.60 B unc Sugar No. 3 m. Y. Sugar No, 4
233-54 05
B/A A
Sept. 116-17—05
Jan. 256-9]—0 Dec. 10-901—5%
Mar. 124-9415—4%
Text read from the printed page and cleaned; old type leaves the occasional error.