The Chattanooga news. [volume] (Chattanooga, Tenn.) 1891-1939, 1920-09-14
OCTOBER COTTON RUNS
UP'4 CENTS HIGHER

New York, Sept. IA renewal OF
yesterdays selling movement was en-
couraged by favorable weather reports
and unfavorable trade adylces In the
cotton market early today. First price
were 4 points higher on October, but
generlly TO i3 points lower, and ac-
tive months soon showed net losses or
10 70 20 points with octb% selling, az
Orleans and the south were sellers here,
but the offerings were absorbed by
trade and Wall street buying. while
there was renewed covering by October
end OF the first hour. New Bedford ad-
vices reported n better demand for fine
goods. but not much actual business
and yarn markets were generally quiet.
carried October TO rs. 22c; and Decem-
her to rs .73c, active months generally
selling about 20 to 28 points above last
nights closing. There was some trade
buying on the advance, accompanied by
reports OF a sitter spot basis In the
feature was connected with the i'm
provement, unless II was q report that
the conference on the question OF short
time In Manchester has been adjourned
for week. Favorable weather fore
casts and the census report showing
domestic consumption OF 483.193 bales
for August held buying In check and
there was some irregularity later, but
the tone was fairly steady around mid
day and prices held within a few points
OF the best.
The closing was Arm; sales approx
NEW ORLEANS COTTON.
New Orleans, Sept. 14-Poor cables
and good weather over the belt put
the price Of cotton 23 TO 80 points lower
around the opening today. but the
upon consumption figures for. August
and full recoverles were made. The
upturn did not stop until the active
months were 2 to IS points higher than
the close Of yesterday. October traded
26.62c.
A sharp break in the price OF October
ut New Orleans and rumors Of lower
spot offerings from the southwest led
to liquidation OF October here early In
the afternoon. The month sold off to
81. 55c. or 40 points net lower. while
later deliveries showed net losses Of
about 15 to 20 points. Trading was
comparatively quiet, however, and the
market showed moderate rallies on COW
ering around Q o'clock.
Consumption for August OF 4S3,1S3
bales was smaller than expected and 1t
resulted in new selling. Offerings were
increased by the forecast OF continued
favorable weathr over the belt and by
reports OF further reductions In cotton
goods prices October turned very weak
under liquidation Of the long interest
At this level the market was 80 to so
points down compared with yesterday s
close.
NEW ORLEANS SPOT COTTON.
New Orleans, Sept 14.--Spot cotton
quiet; rs Is points lower; sales aoo on nth, the
low mlddling, 90 .00c; middling. 2S Soc;
good middlinf, 81 .75c;. receipts, 1927
| bales: stosk, 193,U58 bales.
NEW oRLEAss COTTON FUTURES
~ OPENING; co,.o. O.,
Msw op oas%n' o Ssp sss5S @
cember. 24,2oc;. January. $3.50 bid
March. 22.esc; May. 222Oc bid; market
| steady.
NEW oRLEAn y; o eoT1oN FUTURES
New Orleans, Sept. l4.-Cotton closed
steady at net declines OF to 80 points;
October, 26. Csc; December. "a 38c; jan
uary, 20. SEC: March. % S5c May, y: 4Oc
NEW YORK eoIT ,n FUTURES
New York, sept. isocotton future.
opened steady; October. 2s.ooc;. De
cember, 25.40c; January, 24Osc; March
23.30c May. 22.S5c.
NEW YORK COTTON FUTURES
New York, Sept. 14;mcotton CLOSED
25 SIC; January. 24.lOc; March, 20 .4oc
~ new YORK SPOT COTTON
New York. Sept. 14,-spot cottol
quiet; middling. 81 DOC.
LIVERPOOL COTTON.
Liverpool. Sept. 14.-Cotton spot NOR
inquiry, prices unchanged; good md
ding, 24.57d; fully mddling, 2307d
middling, 2l.57d; low middling, 1777d
good ordinary, 1432d; ordinary. 1890
sales, 5000 bales. including 5000 Amer
lean; receipts, 5000 bales. includin
$500 American; futures closed steady
September 1850: October, 19.0Sd; Jan
uary, 1924; March. 17sdd; May, 17.Sid
| n1ly 16 Odd