New York, Aug. 1.
Trading in the cotton market today was very quiet and featureless, with the market drifting aimlessly and easily influenced by small orders either way. Later, some speculative buying was offset by liquidation and realizing. Finally, the market closed quiet, with quotations ranging from unchanged to 2 points down.
The rubber market today ruled dull, inactive and featureless, despite encouraging London cables, on the hesitancy of operators pending indications of a progressive improvement in the statistical position. At the close, losses of 4 to 9 points were recorded.
Wheat futures in Chicago today ruled very steady in a narrow market, with mill buying and a firm cash market being counterbalanced by profit taking and liquidation. At the final bell, quotations were unchanged compared with yesterday's close.
N. Y. Cotton (N. c. N. Y. Rubber
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