At the highest of the week, the
trading months wore eighty-two to f
?debt y-flve points over the previous
week's close, and ninety-four to ninety- j
eight points up from the lowest. Heavy 1
realizing checked the upwaiM move
ment toward the. week-end. and the j
close was at a net gain of seventy- j
five to seventy-nine points. All the j
winter months were forced over the '
14-cent level, March, at Its topmost 1
level, rising to 14-.33. Spot, cotton i
shared in the advance to the extent of1
II points, middling closing at 13.?>7.
The market was moderately advanced
on Tuesday by the condition report of
72.3 per cent of the normal, which,
compared to average expectations of
about seventy-six, was further
strengthened on Wednesday by the
weather and crop reports from tho
Weather Bureau. which were taken to
mean that tin* crop had undergone con
tinued deterioration since July 25, and
was sent into a burst of spectacular
trading with wild rises in the price
on Thursday, following the Issuance'
of tlie figures on consumption by Sor
retary Hester.
This week the trade will he concern
ed chiefly with the weather over the
belt, although toward the close in
formation bearing on the manufactur
ing In this country will be closely
watched.
bearish traders predict that the new
crop soon will have to be taken into
consideration, since Texas is glnnintr
considerable cotton and the first bale
of the Louisiana crop was reported last '
Kriday, s'omewhat earlier than usual.
TASK NEARLY COMPLETE
PrcMldfiit Wilson Putting 1'lnlnhlng
Timm-Iu-n on IIIn Speech of
Acceptance.
