The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1900-02-02
STRONG
AND ADVANCING
The BuIIish Sentiment Has
Become World Wide.
CLOSE WAS AT THE TOP
NET ADVANCE OF FROM II TO Is
POINTS.
IMPERATIVE ORDERS FROM BOMBAY
These Being Unlimited Were Factor in the
Bulge Here. Gossip Following the
Close of Business Was Very
BuIIish in Tone.


change in the market for brown sheet
ings or drills today. modrate passing
on home account and very little doing
for export. Bleached cottons in better
request and prices steady. Coarse col
Ored cottosAS strong and tending upwad
Print cloths inactive and unchanged
Prints quiet for fancies. Staples il
fair demand. Cotton Innings generally
firm Slight weakness in cambrics. Ho
siery and underwear in good condition
Stocks slight and prices firm.
New York, Jan. 31.-No. 10s-1 an(
lbs l warps, at 1412-15; No. 14s-1 warps
at 1876; No 16s 1 warps. at 1872; No
20s-1 warps, at 17-171a; No. 22s-1 warps
at 49, No. 26s-1 warps, at 10; No. 6 t.
los bunch yarn, at 1312-14; No. Psi, al
1412; No. 14s-1, at 1917; No. les, at 16
1872; No. 20s-1, at 1712-1S; No. 22s-1, a
IS: No. 26s-1, at 1919; No. $50 ply
soft yarn, at 10; No. 1852 ply soft yarn
at 15-1512; No. $50 ply hard, at 141@; No
1852 ply hard, at 10; No. 1851 ply hard
at 10; No. 14s-2 ply at II; No. 20s-2 ply
at 1872; No. 24s-2 ply, at 211a; no. 26s-.
ply, at % 22112; No. 30s2 ply yarn, a
o. No. HOSP ply, at 50; No. Ss-3, 4, ant
) ply, at 14112; No. 20s-2 ply chain warps
at 20; No. 24s-2 ply chain warps, at 22112
No. 26s-2 ply chain warps, at %; No
30s-2 ply chain warps, at &c; No. JOS;
ply hard twist at II; No. 20s-ply hare
twist, at 1912; No. 26s-3 ply hard twist
at 22-2211a; 400 warps, 1888.
COTTON.
New York, Feb. 1.-The market fol
cotton, after opening steady at unchang
ed prices. to an advance of five points
became very strong The strength and
activity of the local situation increased
as the session advanced. Buying while
heavy and general was led by the short
contingent. Public cables showing q
net advance of three sixty-fourths to
four-sixty -fourths in futures at Liverpool
with spot cotton One-thirty-second pence
higher, were supplemented by private
cables indicating a bullish sentiment, not
only in the English market, but through
out Europe. An important influence
was the presence of buying orders in the
New York market from countries hereto
fore accustomed to purchase their spot
supplies at Liverpool. Imperative and
unlimited orders from Bombay We're q
factor in the bulge which at the strong
Coz pttlI VI llht ddy ShONCb oiA 0AN any
of fifteen to nineteen points.
Occasional intervals of reaction under
selling to secure profits were promptly
taken advantage of by investors.
1t is semi-officially estimated that the
sa,es of futures reached 100000 bales,
constituting the heaviest business of re-
cent weeks.
The market closed at about the top
of the day; firm in tone at a net advance
of from eleven to eighteen points. For
eigners We're heavy buyers all day. Shorts
took alarm early in the forenoon and
continued to be energetic bidders until
the close of the session. Gossip follow
ing the close of business today was very
bulEsh. Following the close of Change
transactions were made at a gain of
to 2 points higher than the official clos
ing figures. Holders of spot cotton in
the local market were very strong in
their views at the kc. advance officially
reported ON yesterdays quotations at 2:1j
p. M, since which an advance of one
sixteenth to one-eighth has been demand
ed.
Port and interior receipts fell short of
predictions.
NEW YORK.
New York. Feb. l.-Cotton futures opened