Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1919-04-21
tTTON MARKET
BULLS HANDS;
lying GENERAL
BY Victor Barron.
ket Correspondent of the Times
Recorder)

sentiment decidedly bullisI
lghout and shorts anxious buyers
ps as we'll as scale up.
ceedingly favorable political news
Paris and a phenomenal change
e dry goods market for the bet
,ogether with growing optimism
all street, increased demand for
cotton and unreasonable weather
e belt, were the most discussed
III features of the market
lal prices ON the New York ex-
&c at the close of business Thurs
showed old contracts 105 to $50
S higher than the previous week S
while new style options exhibit
net gain of "a to 1872 points. Flu
at New Orleans closed IS to
points higher, while new style
acts displayed net gain of 142
points.
h cotton markets were closed
y and Saturday-Easter holidays
lie shorts were the principal buy
caring some cheering news from
over the triple holiday and dan
# frost over the belt, spinners,
firms, Liverpool and commission
IS also absorbed at big supply OF
acts. fOferings came principal
m profit takers and some selling
reaction by professionals
Big Gains January.
the crest of the rise all options
at new high records for the
nent, with old contracts at New
220 to 375 points higher than the
larks of Monday, March 81. New
acts showed a gain of 294 to 42S
i-$14,80 to $21.40 a bale-and
IS at New Orleans recorded a
+ improvement. At the high
new May at New York stood
10, July $3.50, October 242S and
lber 1888. From the seasons
Iuotations, established January
y stood TAO points-$3700 a bale
er, July 675 points and October
lints. On that day October sold
to 1S.02f while the position at
orleans fell to 17.40.
Orts from the domestic goods
indicated broadening demand
mediate shipment and for de-
S running we'll into the Summer
T. reports came in from Man
3 r, which said there was a good
d for clothes from India, China
Weral other minor outlets, and
he demand for yarns had been
ated by the curtailment of pro-
through the stoppage of the
for the fortnight ending April
pods prices advanced steadily
the increased demand.
SpinnerS Reach Limit.
ng by domestic spinners indi
that they anticipate greater
lion of trade and realize that
auSt buy for their needs and not
ae to make inroads in surplus
which, according to the recent
report showed that mill stocks,
lg $4,000 bales per month, were
cient to tide them over three
!. While consumption of cot
nfirmed bearish anticipation,
ting to 433, 720 bales, against
bales the same month last
/ was offset by the small sup
hand at mills and the fact
Mill activity at present is up
in excess of the same period
ear when about $4,000 bales
sed.
,rt demand continues fairly
with March's outgo amounting
,239 bales, against 81, 6S1 in
1918. With Europe going
t adequate clothes for more
our years, it is natural to ex-
tremendous demand for cotton
lately following the signing OF
zee treaty, the demand broaden
each foreign country arranges
nee it's purchases.
Spot Situation Stronger.
spot situation is stronger, with
more active and offerings
holders being confident OF
ally higher prices
weekly weather and crop report
nsidered a standoff, being more
favorable in the eastern bell
more or less favorable in the
belt and unfavorable in the
belt. In many sections cot
nting has progressed rapidly
in other districts very little
has been done. However
little cotton above ground IN
lntis states. A year ago at this
m, me cotton was above ground
Is killed by frost. Heretofore
vailing low temperatures are
the attention of the trade and
heavy frost prevail, no doubt
d cause a hurried buying
mt esnecially owing to the