The Montgomery advertiser., 1909-12-30
I0CAL MARKET
 E ENLIVENED Dsadenins Sp& Demand
 Bsosts Prices HIGHER LEVELS ARE PAID iveIDooRs Sales Confirms Heavy
 European Buying. An Cotton Months Advance Many Psast. purs.s weane.aay's se.- sis.--nxcsting Spot Times Ex-
 psetea |. January, as Many
 co.nitments are Delayed.

Strict middling.. .. .. .. ....15 1s4c. Mldditng. --... ....-.l5 l-Sc strict low mfddling..,. ...l4 7-sc.
 Although the holiday spirit is still reflected in cotton circles, the local spot market, after a temporary depression, was somewhat enlivened Wednesday when total sales of 3se bales of the staple were recorded. The lots. which were released. have been hanging over the market for the past few days and trader were made around the i5i-s cent mark.
 four lists of lso, 1l5. twenty-nine and last lot was receipt cotton purchased by local shipper from local mer- chant-planter. These four lots brought son for spots in the local market
 Middiing cotton advanced Wednesday 1-& of cent, and was quoted at 15 1-4 cents. Some of the warehouses are not sending out quotations this week
 The total receipts of all the ware houses Wednesday were very light at III bales. The majority of this came by rail. as only ten bales of the staple was brought by wagon to the Square The street buyers paid f51-S cents. basis middling.
 Strong spot news Of every kind and cnly scant offerings to satisfy the gen. eral demand Is forcing the cotton mar ket higher. Although easier on open fnE, r-icss advanced during wednes- days session and the close showed all months 2 to IS points higher than Tuesdays closing figures. This activ- fly In spots and the advance in spot prices gives Justification and solidity to the advance in futures.
 Many spot commitments have been delayed until January and with the de- naand broadening daily. the indications are for exciting spot times next month. According to the reports from Europe the mills must buy because they are cause they have taken a different view of the markets future.
 This was confirmed Wednesday by the conspicuous increase In Ldyerpoofs spot sales which totaled 14,o00 bales. of which 12,600 bales was American cotton. Nine leading spot markets in America sold 10000 bales Wednesday at Is to 1-4 of cent advance,
 January futures opened two points down at 1S.5e- This month went as low as I6 .4s but closed at it's highest at 15.67, or an advance of points over Tuesdays close. dnesdsy's 1g-S6. Prices went down to 15. 79. then advanced and closed high at 15.sS, or points higher, than Tuesday.
 May cotton went to 16.26. an ad- vance of Is points for wednesday's ses- sion and July futures advanced 10 points to 1928.
 The Liverpool market, due unchang- cd. opened unc0AuEed Io 4-1 pOlub higher on some months. It closed quiet but steady at net advance of 1-2 to 2 ncs-ts. Spot sales were large at 14,000 bales.
 nance of colder weather throughout the belt. The indications for the Western States are for fair to partly cloudy and colder weather. Following is the fore cast for the Central and Atlantic States:
 North Carolina and South Carolina Part cloudy. much colder; Tuesday, fair, colder.
 Georgia--Fair, colder, temperatures below freezing.
 East Florida--Fair, colder, below freezing in north; Thursday. fair.
 West FIorida--Fair. colder, tempera- lures about freezing.
 Alabama and Mississippi-Fair, freez- fnK to coast,