The times and democrat. [volume] (Orangeburg, S.C.) 1881-current, 1909-11-11
PRICE OF COTTON
WENT Ut. ON HEAVY OPERA.

WENT UT' ON HEAVY OPERA
F1oNs ON THE BULL SIDE.
me Prices Advanced Over Hall
Cent Per Pound and the Market
Closed Firm.
New York. Nov. "a gradual ad-
vance during today's early session
was not accompanied by any little
activity, but as the market worked
higher recent sellers began cover
ins,. and i. Was reported that lead
ing Western and Southern bulls were
re-entering the market on the long
side and before the close business
became very active and excited, while
prices shot up even more rapidly
than they had declined on the pre-
v5ous day.
/ The close was little of from the
best under realizing. but was strong
on tone, and the final bids showed
net gain of q to 62 points. The
market opened firm, at an advar oe
OF 10 to 1S points on the active
months in response to the cables:
October being 5 points lower under
liquidation. Immediately following
the call the active months reacte1,
but the whole list soon firmed Up
with offerings comparatively lisht,
and with u scattering demand, wh:cH
evidently came from strong sources.
The shorting of the Liverpool mar
ket indicated that there had been no
pressure of Southern spot offerings
there over night, and advances re-
ceived here indicated that the int
rior as rule was holding spot very
firm. The character of the news
was disappointment to local bears
and when it was rumored that Wes-
tern and Southern bull leaders were
reiterating their prediction of very
much higher prices as we'll as buy
ing in the open market, covering be-
came active.
January contracts advanced to
14.65 and May sold at 1892, or 7S
to 80 points above the low level of
yesterday. In fact, the market SEEM
ed to have undergone complete re-
zersal OF form as compared with
Monday with local bears, as panicky
In today's trading, as the outside
long interest was on the break of
yesterday. The close was only a
little OF from the top.
Quotations and Movement.
Galveston, Nov. 9.-Cotton steady;
middling IL Is; receipts 50,24S;
sales 1,246: stock 235,S67.
New Orleans, Nov. 9.-Cotton
steady; middling Il 3-16; net re-
ceipts 1914; sales 1,340; stocK l7G,-
7a0; to Great Britain 10000; to the
uontinent $50; coastwise 1884.
Mobile, Nov. 9.-Cotton firm; mid
ding II; receipts 3,O1O; sales $50;
stock 36,673; coastwise 131.
Savannah, Nov. 9.-Cotton nor
NAL; middling IA; receipts 11,740;
sales 100; stock 230,365; to France
1887; coastwise $3.50.
Charleston, Nov. Cotton firm;
1niddling IA; receipts 4s5; sales 100;
stock 1909.
Norfolk, Nov. Cotton steady;
middling IA; receipts 5,61s; sales
163S; stock 4O,227; coastwise 5,SS2.
Baltimore. Nov. Cotton nor
NAL; middling IA 3-S; gross receipts
s75; stock S,6O6. oa
New York, Nov. s.-Gotton qui-
eft; middling 1856; gross receipts
80; stock 1O7.327; to tie CONT
nent 400.
Houston. Nov. 9.-Cotton steady;
middling Il Is; sales 10,052; ship
ments 6,35S; sales IT'S; stock 49,
695.
Augusta, Nov. Cotton steady;
middling Ia Ia; net receipts 3,431;
gross receipts 3,675; shipments l.
502; sales Ill; stock 56,343.
Memphis, Nov. 9.-Cotton steady;
middling 4 rs; net receipts 5,023;
gross receipts 10,140; shipments 81
S3S; sales 75S; stock 160,999.
st. Louis, Nov. Cotton steady;
middling II SIS; net receipts 535;
gross receipts $500; shipments g.
SAT; stock 23,75S.
New York Futures.
Onon C1oca