The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-10-25
CLOSING QUOTATIONS.
THE COTTON MARKET.
Irregular Closing. Slightly Higher weather
Better Than Looked For~ -Theodore
Prices Statement OF tho Ginning 20
October IS-GOvernment Figures To
hNN

A small advance after frequent backing
and nllinG was the net result Of the day after
small trading.
The market begins TO hesitate q little.
whether It IL overbouRht or not, II has the
appearance OF being overbouEht. Certainly
II needs stimulating factors IL II IL to be lifted
10 a higher level. for the receipts are very
large. the weather ls on the whole favorable.
much better than many have been led to
believe II might be by the predictions OF late,
and there are no signs that the outside public
is at all eager to take part in the speculation.
Professionals dominate IL, and between them,
~ In usually the case In q professional market.
II Ii simply an affair Of diamond cut diamond.
II il true that at times there was some ad-
vance, partly in response to an unexpectedly
marked rise in Liverpool. where American and
Continental buYing had not a little effect,
while Hight to killing irosts occurred IN parts
OF Texas. oklahoma and Arkansas. and bull
support was not altogether waning. Rut
the ADVANCES were impeded by, selling which,
i seems, did not come altogether from small
operators, and the result was reactions in
spite of'the fact that further frost was pre-
dicted for the Texas coast and the Territories
Liverpool Itself led the reaction, and it begins
20 be asked whether even a pretty bullisb gin
ners' report has not been pretty well dis
the report will sppear to-day. II may as well
be, said at once. however. that unless Il IL de-
ctdedly bullish.. or the weather proves de-
cidedly bad, nothing would be less surprising
than some decline in prizes. even IL il shonld
prove 10 he only temporary.
and predictions o. had Weather with rains.
frosts and the likelihood OF q rarticul arly
bullish exhibit in the Census ginning figures
enough to say that every ~ginner's report il
likely, 20 be more or less bnllish and that
the ginneTs will not be 10 blame for making
il so, since an inquiry into the planter q bust
ness H. at once inquisitorial and inyidiour,
the spinner's business not being subjected
10 a nv aIgh aaarHhiNT aNratinU ~ Tho VlaAN..
sasked TO show his hand, why not the spinner?
Ginning reports ha We Injured the planter
9 recent years. or certainly he thinks 40, and
Il is absurd 70 expect anything like a full
report OF the, ginning. In that case there
can be no reliance placed on such reports Hs
they stand, and adding this or that peroanta Re
with the view Of getting ct something like
the exact figures y mere guesswork.
rs me case stands the guesses on the
ginners report 70 be issued to-day range from
t:5oo,0O 70 5.OOo,o0O bales ginned to October Is.
Putting the total. say At 100000. n would
he about 4OO.OoO bales less than for a like
period last year and 1000. 900 lere than during
The same p~eriod-that is up 10 October IS
two wears ago.
Mr. Price states the quantity Rinned up IN
October Is this year at 1858. 600 bales, against
3,Ol2,uNG Tor the same time last wear, a.IaI. coo
~ 900, J. 5000 In 1905 and S,ss3.OOO in 1907.
TO ClaiTnS mat on an average l6.f Der cent.
Of the Prop. has during the last four years
been Rinned up tn October IA. In regard
10 the present large receipts he instances tile
season OF iNNo-NI when the crop was smsii
vet the November movement OF The 1rop
was cNrentiOnAlly large. the infe renee. Of
OF tho season arc not always a true indication
Carpenter. Ra9sot1 Co, said: In spit. or
the enormous movement. both interior and
20 ports, prices advance. and though the
to sell At this time. All the ictorTsation obe
demand thrOUSAous NSvsnSsr. =! sO 8. ' 90.