The age-herald. [volume] (Birmingham, Ala.) 1897-1902, 1899-11-09
BULLS CONTROL
COTTON MARKET
Opening Attended by UnreSist-
able BuIIiSh Enthusiasm.
ONLY SLIGHT REACTION
Yesterdays Improvement Based in Part
on Strong Liverpool Gables and
Encouraging Information
From Cotton Belt.

Encouraging Information
From Cotton Belt.
New York, November s.-Bullish enthus-
iasm broke out with Irresistible force when
the market opened this morning and con-
tinued almost all the day. The markets
started in irregular with crop positions 5 to
points higher and October points higher.
While there was slight reaction from this
level shortly after the opening the general
trend Of variations was steadily upward on
tremendous buying for European southern
investment and local short account BY
midday the more active positions showed
an advance of Is points on Mondays close.
Throughout the late advance profit-taldng
figured conspicuously, setting aside fears
of top-heavy conditions obtaining To-
days improvement was based in part upon
strong Liverpool cables and in part upon
very bullsh information from the cotton
belt. As to the former, private cables were
unanimous in crediting the advance to a
turn about of European spinners and
shorts, effected by decided hardening of
spot cotton in the south and continued
small receipts New Orleans and other
places reported exporters bidding 3-16c
higher; prices for supplies, but that the
holders refusing to sell, as a rule,
pending further developments in New York
and Liverpool. The market was finally
steady with options up to Is points and
next crop options up to to 10 points.
New York. November S-Cotton, steady;
middling, 1916; net receipts, 1880; gross.
1910; sales, SAL; stock, 104,9i1 France,
6i5.
Total today: Net receipts, 1854; France,
2,154; continent, 1854; stock, 1894 065
Consolidated: Net receipts IT'S, 465; Great
Britain, 1924; France, 23,S9S; continent,
4712o.
Total since September /: Net receipts,
2.176,6SS; Great Britain, 611O12; France,
230 2i3; continent 500 .049.
New Orleans Cotton Market
New Orleans, November S.-Cotton fu-
lures, steady; November, 7.30, bid; Decem-
Der, 7.32a73i; January, 7.32q7S3; February,
7.S5a737; March, 7.37@7.3S; April, 7.SS@7.40;
May, 741@743; June, 7.42@7A July 7.4S@
7.45: August, 7.2S@7.29; September. 6.91Q6.95;
October, 6.S0d6S2.
firm sales, Il, 800; ordinary, SIS; good ordi-
nary. 6as; low middling, 15-16; middling,
5-16 good middling, 9-16; middling far,
tx; receipts, 1865; stock, 03,211.
Consolidated statement: Receipts, net,
It's, 465; exports to Great Britain, 42,524;
France, 23,S9S; continent. 1920; Stock
S64065.
raily Staten
Galveston-Firm; middling,7 5-16; sales
$3.50; receipts, IA, $50; stock, 1884.
Moble-Steady: midding Liz. saiaS'
sO0. receipts, 572; stock, 3S,267.
Sayannah--tSteady; middling, 3-l6; sales'
4a5: receipts, 7,4O4; stock, III 1853.
Charleston-Firm middling. IA; receipts,
1,439 stock, 26,32O.
Wilmngton-Firm; middling, IA; receipts,
1876; stock, 1850.
Norfolk-Steady; middling, 7-l6; sales'
251; receipts, 3,460; stock, 1898.
Baltimore-Nominal: middlmg, 1881 re-
ceipts, 791; stock, Aba.
Boston-Holiday; receipts, net, 5S3; gross
1887.
neutrality-suspicious.; middling, l-l6; re
ceipts PIG; stock. 4,162.
st. Louis-Firm; middling, 2 bis; safes,
$40: receipts, 6745; stock, 90,555.
Memphis-Firm, 1sc higher; middling, 49,
receipts, 4,729 sales, 1900; shipments, 2,64S;
stock 1859.