New York, Apr. 29.
Narrow and irregular conditions prevailed at the opening of the cotton market today, with initial quotations opening from 2 points down to 3 points up. Traders generally adopted waiting attitude, but prices later turned strong and active on trade and speculative buying, shorts covering, the steadiness of Wall Street and expectations of the House approval of a 75 per cent. parity loan. Closing quotations were from 13 to 16 points up. 4 Prices in the market for raw rubber futures today finished strong on a broadening of trade and speculative interest, a good demand for physicals, the prompt stoppage of notices and some apprehension over the international shipping situation. At the close, gains of 45 fo 50 points were recorded, Wheat futures in Chicago today ruled steady, with some mill and spe-curative Buying beirfg offset by profit-taking and liquidation. The market is awaiting Washington action on the parity loans. At the final bell. quotations ranged from % cent down to a % cent up.
New York Cotton New York Rubber May 1127-20 +13 Juy 1139-94 H4 Oct 1134-36 +13
Dec. 1136-96 -H15 Jan. 1131 N. +4 Mar. 1136-30 +16
May 2350-61 445 July (N.C)
22.99-3.02 449 Sept. (NE)
2250-50 +50 Dec. (N.C.)
2215-15 445
N.Y.
Sugar No. 3
N. Y, Sugar No. 4
May 242-43 unc.
May 0615-7 -H14
July 242-44—1
July 0.793-80 unc.
Text read from the printed page and cleaned; old type leaves the occasional error.