New York, June 17.
Steady conditions prevailed at the opening of the cotton market today. with initial quotations ruling from 4 to 7 points up. compared with yesterday's close. The market early advanced on'trade and speculative buying and Shorts covering. Later. prices further hardened on a possibility of higher parity prices and renewed active covering by shorts. and the gnarket closed strong with quotations ranging from 16 to 20 points up.
Trading in the market for raw rubber futures today was quiet. with some trade and professional buying being offset by hedge-selling and liquidation. At the last call-over. quotations ranged from unchanged to 5 points down.
Wheat futures in Chicago today eased on hedge-selling, favourable weather reports, the smallness of mill demand and liquidation. At the final "ell losses of 34 cent were recorded.
New York Cotton New York Rubber July 1420-22 +20 Oct 144043 -HT Dec. 1450-50 +18 Jan. 1452 N.-LIT Mar. 1456-95 May 1456-56 -HIS
July 21.00-00—05 Sept. 2052-12—03 Dec. 2070-72 unc N. Y. Sugar No. 3 guy—2665011
Sept. 257-58 unc.
2 B/A
Text read from the printed page and cleaned; old type leaves the occasional error.