Show Cotton Market NEW YORK Jan 12 AP AP Cotton showed further moderate losses Saturday OfferIngs were absorbed by trade buying and covering and alter after showing allowing net losses of 6 to 10 points prices steadied but slight bulges encountered additional liquidation and last prices were within a point or two of the lowest on most mast lions off to 1251 or 8 6 points net lower and 33 poInts point below the high of January 2 That delivery closed at 1252 with the general market ending steady alnet at al net declines of 4 to 8 points Futures Future closed steady 8 lower High Low CloSe Clote January 1239 1235 1238 1233 March 1251 1244 1245 May 12 57 1251 July 1257 1251 October 1244 1235 1237 December 1250 1230 1243 1243 Spot quiet middling 1265 NEW ORLEANS Jan 12 32 AP Cotton AP-Cotton Cotton futures closed steady at net declines of 10 points Nigh High Lox Low Close January March 1250 1344 s May 1257 1250 1251 July 1258 1350 1253 October i i 1244 1225 1237 December 1231 1241 1341 1241 Spot cotton closed steady 7 points down Sales middling 1263 1265 |