The Montgomery advertiser., 1909-12-29
COTTON GAINS TWENTY POINTS Prices Advance After HoG-
 day Rest. LOCAL RPORTS ARE DULL Seventeen Cent Cotton Is Predicted
 Within 30 Days. puilness Probably Win Continue Un- tn After January 1--Liverpool shows strong Tuesday--sta- tistics on Insight, spin-
 ners' Takings and
 supply-Condi-
 tions Notes. Strict middling .. .....isl-s

On the resumption of business Tues day the local spot cotton market was practically at a standstill. Tranquil ity reigned supreme and the dullness is likely 10 continue through the bal ance of the holiday season. The fac- tors had only few small lots offering eut sales were not pushed and no trades were recorded. ;.
 The shippers made g little inquiry although they report q very small de- mand for spots from the mills at this period. Many of the local shippers re- sans the@ on account the Immense amount of speculative in- terebts In the market During the past fall, with the aigh price of cot ton. the market has been full of pix erss" who make 1t hard for firms do- ing a legitimate business.
 The receipts into the market Tues day were very light as approximately only 12S bales were secetved by all the warehouses. The majority of this came by rail as only i've bales of the stable was brought to the Square by basis middiing. As one man put it:
 rhis week will likely see. the last
 The cotton market was in a recep- day. and after the holiday rest the opening prices Monday morning show cd all months IS to 20 points above last Thqrsday,s close. Prices eased off gradually during the morning session but regained the lost ground early in the afternoon and closed 16 to 1S points above the closing figures be-
 During the session the market ab- sorbed volume of selling without ill., effect. The Liverpool cables were en- cnuraginE and these. together with decided change in views among the foreign consumers. A further advance in the market is now considered as ansv'ts5ls ;ra and ,ba In fact ssc one New York cotton was looked for within the next thirty days.
 Mondays opening figures for Jan- I lsss whicn wss ws' the ~ hiShest oaota up at kton of this month for the day. Prices vent as low as 15.4s but closed at 1s.s@ ;r,.dsa an advance n,ans Ss IS points oyer q March were IS points higher than Whursdav at 15.91. March went as tow as ib-s1 and closed steady at I5.s9. or 16 points gain.
 May cotton, which went above the 1e cent level during Thursdays ses : Hious but which eased back to 15.97 before the close, adyapced l6 ' points Monday and closed at 1s.1z.
 The Liverpool market, due 1-2 to l-2 points higher. opened strong and Irregular at q to 15 points advance At noon the. English market was 12 fo ta points higher except for Novem- Iber and December where a 10 to II point gain was recorded. Later ca hiea reported reaction of 1-2 a point at the close.
 The spots in the Liverpool mark ct were in q moderate demand. IS points higher with sales given at 1000 bales. lof which $500 bales was American cotton. The estimated ports were 49. = loeo bales. against 1i1.Ooo bales last
 The weather map showed the con- finuance of cold and generally fair weather over the belt on Tuesday. The forecast is as follows:
 North Carolina and South Carolina freme south.
 East Florida-Generally fair, colder.
 vest Florida, Alabama, and Missis- sippi-Fair. frost to coast.