Evening star., 1915-09-26
COTTON MARKETS.
NEW YORK.


NEW YORK. September 25.-sti1,
1isher levels were reached in the cot
ton market here today with January
contracts selling up to 1915 or S.. so Der
pale above the low level of last Monda "
IND 2S points above last nights final
@ isures. on continuation of active gen.
erai buying. Closing prices were
strong at net gain Of from 20 to
Is points for the day.
Firm Liverpool cables, unfavora BILE
weather. encouraging reports from the
vate condition figures and buliish
spot market advices were among the
factors on the advance. The market
opened firm and to IA points higher
IN response to cables. and quickly sold
closing figures. 1t was reported that
there was more southern hedge selling
here on this advance than on any day
previously this month, and there was
also heavy realizing. but offerings
were readily absorbed on reactions Of
or points from the best, and prices
soon developed renewed firmness on
a further broadening Of Wall street.
commission house, and trade demand
October contracts sold up to 1883. De-
cember to 11.9s, and March to i2.ss,
with the general list showing net
gains of from "a to 2S points Offer
ings increased at this level and f1uc-
tuations were somewhat irrerular late,
best point of the day. Renorts that
the disturbance in the Caribbean sea
moving toward the gulf was of con-
siderable intensity. and the course of
the low barometer west of the belt
led to predictions Of unsettled weather
over Sunday and the private crop ad-
vices received durino the day were OF
bullish average. The larger amount
Of cotton on shipboard at the close
last night. $4,000 bales against Ss,-
400 yo1 II
| talk of increasing exports, and some
OF the local spot people reported an
increasing demand from domestic
spinners.
season, 770Rs6: exports, 2s,677: for
! season, 440.sS5. Port stocks, s55,243 .
! NEW ORLEANS.
NEW ORLEANS. La. September 25-
| All high records for the season were
again passed in the cotton market to-
! day. buying being in sufficient volume
taking longs. The demand was stimu-
lated by a better Liverpool than due
renewed warnings concerning the trop-
teal storm, heavy rains in the western
belt. lack of October tenders and a
rise Of Is points in the spot depart
ment. At the best Of the day prices
were 20 to 20 points up. The close
was 20 to % points up, on steady
tone.
| In the early trading prices rose abou,
Is points. after which the market halt.
ed and showed something of a re-
dictionary tendency under liquidation
Brisk bidding for October and posting
of the tropical storm warning started
the market upward again, and thi:
tendency was maintained until the
! close, with reactions of less than hall
a dozen points. January sold up tt
! 11.97, profit-taking around that leve
preventing its touching ~ cents. Previ
! Gus high marks for the season were
! exceeded by about 10 points.
| 1t was estimated that less than 2.50t
| bales of cotton were rendered agains
October and notices were promptly
stopped. Bulls action in bidding fol
| large lots of October showed theil
readiness to take UP cotton on con-
tracts. This proved one of the mos
bullish influences of the season. Trad
! ing was heavy throughout.