New York, Feb. 27.
The cotton market early moderately advanced on some trade buying, but, later reacted on profit taking and liquidation. Subsequently, prices further slipped on Southern hedge-selling and favourable Brazilian crop advices. Finally, the market closed quiet on persistent liquidation, with quotations ranging from 1 to 6 points down.
Prices in the rubber market today progressively advanced on a broadening of speculative interest, some factory buying, the steadiness of Singapore advices and shorts covering. At the close, gains of 12 to 20 points were recorded.
Wheat futures in Chicago today eased on the smallness of mill buying, lower Winnipeg advices, an easier corn market and liquidation. At the tial bell, losses of % cent were registered.
New York Cotton New York Rubber "Mar. 1039-39—01
Muy 1035-36—05 July 1025-26—06 Oct. 986 N.—05 985-86—05
982 m.—06
Mar. 2065 N. 412 May 20.63-63 +18 July (N.C)
92015 N. 415
Sept. (NE)
1995 B 420
Sugar No. 3 N. Y. Sugar No. 4
23647 +1 Mar, 0.1015-71 unc.
May 0731-74 unc.
Text read from the printed page and cleaned; old type leaves the occasional error.