OCR Text |
Show MUCH EXCITEMENT IN COTTON MARKET Prices Go Skyward and Shorts Skurry to Cover; Reaction Follow Bull Movement - NEW TORK. March 14. There was great excitement at the opening of the cotton market today. Prices advanced from 20 to 27 points at the outset on a surprise furnished by Liverpool. March rose from $9.46 to $9.85, after closing yesterday $9.62. May opened at $9.83 bid and soon rose to $9.85. It closed last night at $9.58. Soon after the opening there was a reaction, the May option declining 12 points from the best. The covering movement which followed fol-lowed the opening Jump produced a degree of excitement scarcely equalled at any time in the late bull campaign. |