New York, Mar. 5.
The cotton market early moderately advanced on speculative buying, higher Liverpool cables and shorts Covering. Later, prices further hardened on trade and commission house buying and a scarcity of contracts. Finally, the market closed frm on a good mill demand, with quotations ranging from 8 to 14 points up.
Prices in the rubber market today opened lower on liquidation and easier cables, but later rallied on an influx of buying orders and reports of good trade and factory absorption. At the close, gains of 10 to 13 points were recorded.
Wheat futures in Chicago today commenced quietly easier, but later displayed strength on active covering by shorts, mill and outside buying and higher Winnipeg advices. At the final bell, gains of 2% to 2% cents. were registered.
New York Cotton New York Rubber Dividend: Montgomery Wald $0.10. war. aes at 5,000,000 ounces, but it is under- Harbin, Ipoh, Johore, Kobe, Kowloon, Kuala Lumpur, London, Lyons, stood that the company has no reliable information from Russia, which does not publish official figures, Information available here suggests that Russian production declined in 1939. The United States and Canada Malacca, Manila, Moukden, Muar, New York, Peiping (Peking), Penang, Rangoon, Saigon, San Francisco, Shanghai, Singapore, Sourabaya, Sungei Patani, Swatow, Tientsin, Tokyo, Tsingtao, Yloilo, Yokohama.
Every description of Banking & Exchange Business transacted.
Text read from the printed page and cleaned; old type leaves the occasional error.