The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-10-14
M COTTON MARKET.


AI4Am u AuV1uCno -WCg WoAnDf FFcuhCtCo
for Some eecsaons -LlvcrPooI Firm.
Although there wAs little or no frost thSrs
wAs some rain and predictions OF further rains.
which. should they strike the Misslssipp
Valley after the recent frost, might have q
bad eject. What 10 wanted now IL clear
and warmer weather. Liverpool. by the way
was stronger than any one had looked for,
and Wall street and the South showed plainly
enough q deposition to buy on any decline.
This buying centralized the selling TO secure
profits. the hedge selling by spot interests
and the hammering by Others. The spot
markets were arm. statistics are bullsh.
vet and colder weather was predicted for some
s~ectionsa and the general opinion 10 that unless
weather conditions change very much for
the better prices must move upward further.
ds aHSoS 81 ye sfSsi 4 va va. sSSS; sn ~ ES1S SpsS TSf
in the market. because the numerous Milling
minds Of the trade abroad. Therefore. the
opening decline abroad was partially re-
covered. While The OPENING here snSwsd ne
advance. This advance was sustained In face
Of an Increase in the movement, which PROM
tons for rain and colder. weather over the
Western cotton belt; In the present nervous
condition Of the trade the fret intimation q
rain Offsets any increase 10 the receipts.
bad weather does come a further advance 10
Msssrs. Hutton, Dick. MOy.e. Mitchell,
Lehman. Hubbard, McIntyre. band Violet
were buyers. Messrs. Price. Weld. Norden,
Edward Moyse L Co. said: THE action, on
the part Of Liverpool was accepted as q plain
seriousiy snTious over the frost situation
and not disposed TO- follow any reaction
1T looks a. II this measure Of the situation
2 = Oorrect one. temperatures ranging AL
the way from 70 down 70 70 over nearly 2 e
growth has been stopped and that the plants
will mature only the nearly grown bolls on
s sSsli 't "a icrlo VI %s sast on %a ne heels wGrS 81 the re c0la
wave. Since midnight 1t has been raining in
Texas and the Territories. and the wet weather
the next forty eight hours. II seems almost
9 f~oregone conclusion. that by Monday or
p pSssaS az S Ssf % aaoEn DOLLS Sai p See nSDdsa s SaSn and md
mushy. and q stampede Of the shortages may
be the immediate result. Outside Of that pos
factors-spot demand Ia. urgent, exporters
are taking every bale Of good cotton that
dependent as prices advance. and isst, but not
least. a very bullish gtnners' report seems
ahead OF US. All these conditions may be
they are none the less serious and menactng."
The statistical position Is as follows:
than at the corresponding time last year;
visible supply during the week gains, l0s.Sl8
bales. against a gain Of 1885, es during the
sight for the week. ass, sos bales. or 7s2 more
than the corresponding week last year:
brought into sight 10 date. I,7s2, i2s bales, or
800 .966 less than last year; visible supply to-
day. l,0O0, 04S bales. or e7e. S24 less than last
year: visible supply during the week gains
2l0.5lS bales. against a gain Of 237. 769 last
year: spinners' takings for week. 297.O 75, or
%, 7s2 more than last year; spinners' takings
20 date. 1857, 4SO bales. or 1912 less than last
year.
Cotton on the spot advanced 10 points.
Middling, II Soc, against li.lOo. last year.
New Orleans and Gulf. ii.55c., against 10. 35c.
The Southern pot markets were 3-loc. higher
to I-I0c. lower. M~iddling-New Orleans.
II 9-ieo. Galveston. ME; Savannah. lOkc.: