New York, May 23.
Barely steady conditions prevailed at the opening of the cotton market today, with quotations ruling from 7 to 12 points down, The market early ruled erratic and after declining on commission house liquidation, induced by fears that President Roosev might veto farm legislation, rallied ply on trade and Wall Street buying ud covering after the disclosure by Congressional farm blee leaders parity loans. The upturn, attracted some active spot house selling as well as profit taking. Worth Street reports a revival of demand at firming prices. Finally, the market touched new highs on genera? buying, a scarcity of contracts and the with-spot houses, with quotations ranging from 12 to 21 points up Prices in the rubber market today [ruled active and firm on trade and factory buying, shorts covering, the clearing-up of Washington uncertainties and in response to encouraging Singapore call At the last cal] over gains of 35 to 48 points were re-n Chicago closed lower on hedging operation: against enlarging pre-harvest market-the South-Western districts d early gains after the re-at President Roos rel vould higher crop loan The flour buyers ears of widespread price con Was a discouraging factor. A e final bell, quotations ranged from ranged to %4 cent down v York Cotton New York Rubber 131 20 ya 19
13.38-20
1338 N. -+18
13.41.41 +14
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