The Montgomery advertiser., 1909-12-22
COTTON GAINS
SOME POINTS
l,l55 Bales Of Local Spots
Released.
MARKET HAS BETTER SWING
Ginning for Balance Of Season In
dictated as Small.
Front Taking and Holiday spirat Fails
20 Cheek the Advanee--satisfac-
tory cables show Liver-
POOL Improvias-wires
and Gossip On Com
ditions.


Although the cotton market is UNI
der the ban of the holiday dullness
stili the buliish possibilities OF the
situation are by no means exhausted
and under the stimulus Of good buy
Ing. prices advanced fifteen to seven
teen points during Tuesdays session
The opening figures were only one to
two points higher and the further ad-
vance was well maintained until the
Gloss. despite heavy realizing and
shorts covering for over the holidays
Cables were satisfactory, good spot
advfces came from cotton centers, un-
mistakabie signs of big demand for
ket were shown. and In fact the mar
ket In general had a better swing
The change in the views of consum-
crs OF cotton caused by the estimate
strengthened by the census gfnnings
on Monday.
II the bears cannot force decline
in cotton prices while the holiday
be estimated that there will be TO pre-
vent advances when traders and con-
Eumers encounter the shortness OF
supplies with the turning of the new
year.
whether the ginnings from Decem-
Der IL through the balance of the sea-
son will be as great this year in COM
parison to the amount ginned after
this date year ago Is only q mat
from reliable parties in Louisiana,
Mississippi. Texas, Oklahoma and Ar
kansas indicate that no more than an
average OF more than two per cent.
remains to be ginned.
The local spot cotton market was
lively Tuesday as approximately L.
1b5 bales Of the staple were released
by the holders. This was the largest
total sale In local spots for several
weeks and the market was enlivened,
Three lots, OF IT'S bales. ESQ bales and
lao bales. made up this amount The
trades were made close to the IA 3-4
cent mark. The factors still had some
large lists OF cotton offering at 10
cents.
Rail and wagon receipts into the To-
cal market Tuesday amounted to about
4e5 bales. which was considered fair
~ good with the end OF the season so
close. The movement in this section
appears to be almost over and as one
man put It. Next week viii bring in
the last bales" Approximately sew
square by wagon ana the street price
was quoted at IL "a cents. basis mid
ding.
Tuesdays opening for January flu
lures showed prices one point UP al
INCA, which was the lowest quotations
Prices advanced TO Is rs, then eased
and closed at 1920, a gain of seven
teen points over Mondays closing fig
ures. A two points advance at 15.41
was the opening for March. This
As 1889. and closed at 1884, an adj
vance Of fifteen points.
The Liverpool market. due / Ia to
2 points higher, opened quiet. un-
changed on near to one point lower on
distant months. At noon the market
was steady one to two points higher
than the opening figures. Later ca
b1es reported an advance of one to
two more points on near and one point
on distant months at the close of the
English mark ct. Spots were dull, sew
en- points higher, with sales given as
5000 bales.
Fair and cold weather prevailed
over the greater portion Of the belt
Tuesday The forecast is as follows:
Louisiana--Fair, not SO cold; frost
TO coast. Wednesday, increasing cloud
mess, rising temperatures.
Arkaneas--Generally fair.
Okiahoma--Unsettied weather; snow
tlurries.
East Texas-Unsettled weather,
rain. rising temperature.
West Texas-Unsettled weather.
snow tonight or tomorrow, warmer in
south portion.
North CaFolina--Fair.
South Carolina and Georgia-Fair.
freezing temperatures.
East Fiorida--Fair. freezing tenn
peratures.
West FIorida-Fair. not quite so
cold.
Aiabama--Fair. freezing to the
coast.
Mississippi-Fair. freezing to the
coast.