The cotton market early declined on liquidation and hedging, but later rallied on some mill buying. Subsequently, prices further appreciated on some speculative buying, shorts covering and the strength of Wall Street. Finally, the market closed steady on a good "spot" demand, with quotations ranging from 3 to 6 points wy After a quiet opening, prices in the rubber market advanced on an improved speculative demand, good factory buying and covering by shorts. At the close, quotations ranged from unchanged to 5 points up.
Wheat futures in Chicago toda: were early depressed by liquidation, but later rallied in sympathy with other markets, mill and North-Western buying, shorts covering and more outside interests. At the final bell, gains of 1% cents were recorded.
London, Aug. 30.
British gilt edged. securities and Kaffirs were the brightest spots of the on renewed purchases, industrials moved to higher levels.
Cement shares, however, ruled dull on the reduction of the interim Gividend of Associated Portland Cement.
Otherwise, the market was quiet but cheerful—Reuter.
Aug. 29 ux. LOANS
[316 War Loan, (Red.) £1014 3ci Defence Loan 1007
Text read from the printed page and cleaned; old type leaves the occasional error.