OCR Text |
Show EXCiTCi IZhT III ; COTTON I iMRi'iEt Big Advence at Liver-; Liver-; peel II:!.es Its Effect Felt in Mew-iYcrk; : c- - - ... ' " - - - NEW YORK, - Nov. I There -was great activity and excitement at the opening of the cotton market today owing to a big advance .. In Liverpool. - - unfavorable weather In the" cotton belt over Saturday and very- bearish ' reports as to' the crop situation.- The market opened at . an advance of 15 to a points with January- selling at 11.43c, or s new high level for the season begln-nlfcg begln-nlfcg September 1 and within 7 points of the high figure touched on July 16. There waa tremdhdoua reallzina- at the advance and while .there ..was also excited ex-cited covering and .enthusiastic bull support, sup-port, .the market moved very Irregularly. January broke to 11 .SO during the first half hour, following which it rallied to practically the opening level on the continued con-tinued strength of -Liverpool, but eased off again during the middle of the morning morn-ing when prices "were 10 to la points net higher. , |