Closing, May 20.
Bombay Rupee T. T. on:
Japan 81% N, London 1/5} N.Y, 33914-39234 2 mths Shanghai 19 u Sellers 1/5}] Hongkong 8214 buyers 1/6 Japan 2 mths sellers 83 N. buyers 7714 N.
London £ Sterling T. T. 01
New York 40250 Bombay 1/6 Madrid 40.00 Hongkong 1, Berne 17.30 Singapore 2/4, Bel. Congo 176% Yokohama 1/21% Shanghai 3}3d.. buying 1/2
New York U.S.$. T. T, on: Berlin 40.05 Brazil 5.05 Spain 925 N. Japan 23.45/48" Paris 231 Shanghai 5.50 Italy 5.05 N. Hongkong 24.57 S'zerland 232% Hungary 1985 "free" 23.20 Finland 2.05, Sweden 23.85 Manila 49.80 N.
Montreal 87.250 London 4.084% Buenos Aires Paper 20.78 ne, u market. rate 23.80 Montreal on London 4624 *—Offered N-Nominal—Reuter.
New York, May 29.
Steady conditions prevailed at the opening of the cotton market today, with quotations ruling from 3 to 7 points up from yesterday. The market early advanced on small persistent price fixing and mill and cooperative buying disclosing a scarcity of offerings, reflecting a temporary subsidence of the recent heavy spot house hedging against repossessions, Subsequently, prices partially reacted on scattered' local selling, realizing and limited outside interest pending official action on the Loan Bill, Trading in textiles was practically at a standstill, after yesterday's developments in connection with combed yarns. Finally, the market closed steady, with quotations ranging from 7 to 10 points up.
Prices in the rubber market slumped today on unconfirmed rumours of possible price fixing, trade and spe-curative selling, ower London cables and a poor factory demand in the "spot" market. At the close, losses of 54 to 65 points were recorded.
After ruling firm on mill buying and the practical assurance of higher crop loans, wheat futures in Chi-cage today reacted on profit taking, excellent crop weather and hedging against increased interior marketings. At the final bell, losses of % to cent, were registered.
New York Cotton New York Rubber July 12.98.99 +08 Oct. 1311-12407 July Dee. Sept. Jan. Dee. Mar, Mar, May N. Y. Sugar No.3 N. Y. Sugar No, 4
July 245-46 43 July 0.8314-8415
B/A B/A
Text read from the printed page and cleaned; old type leaves the occasional error.