The Montgomery advertiser., 1904-02-17
Caldwell. Ward 6 Co.'S Cotton Lettel


 Caldwell. Ward & Co.'S Cotton LetteS. MONTGOMERY Ala, Feb. l6.-Stocks.- =
 Nearly all the activity of to-day's market was compressed within the first hour. Dealings h that time were fairly large and a stronge tone developed. Stimulus nom current news
 either home or m fosesn was asking ana s tne | its possible averse force because 1t had long
 been expected. Outside of a more or less this country from Jaban's. parchases of war materials and supplies, common, talk of the sod and the isrser ss M Tver tunity to effect a diversion @on' the bears. The market drifted into dullness and . late sag ging left it virtually unchanged from ycster- day The closing was dull, but heavy. Total '"''' <''' eVo' coTToN. 'f
 The bears got in their work in time to savs the last SIow at the mSs. during the from the high prices. thoigh it eiosed eI to points above last night. The New Orleans is closed to-day due to Mardi Gras, festivi- orders from there and everything points to a disposition on the part of the bulls both here and in New Orleans to let the bear crowd sell themselves into a hold. thus forming an- other large short interest. 80 that there will ssain es rerc & to ga gan when the pulls shall limited but as the market declines it seems to make more bear friends. Spots show de- qaoed Y0Te for seOts sOoss Southern interior towns is reported good with We feel that this decline is oniy temporary and much higher prices will prevail. On New aSoS Gsr ponts pSnsns s due
 All Board of Trade markets were reaction letters We adhere to the bull tO6 sde but o% SS- ing to the rapid advance believed in taking placing 0 on 'nr % sS is trading only on the old and we should con- slider buying orders at Chicago for the new unless otherwise specified. Receipts 54 cars. 20 cars expected tomorrow The receipts of ments Cash situation strong. y but @ %s we would R toS 8n OTy on EsaE sposs a and then & the gSl which only 2 would grade Think May shorts will have to settle at much higher prices Oats Receipts 32I cars. of which only would the market turned quickly either way. stand as. tbe May. option. which speaks well for the PprnSspects Pnn ps of this commodity Provisions-3o,- row row Sold off in % sympatSy with es Srain. amSF %e believe in utilizing weak spots to buy and at the moment prefer ,,dss1y JsIy lard,
 We have decided, in order to avoid confu- sion with any orders with our Chicago lowing: ''Ail orders for July and september wheat wilr be understood new style unless ofh- erwise specified" Great care should be taken in closing out contracts made previous to that date to specify old style
 The coffee market was again influenced by local liquidation and as a result the opening this morning showed decline of 10 to 5 points from last nights prices. since which time there have been moderate fractional. but no actual recovery. The advices from abroad are to the effect that while no financial trou- bles have as yet actually developed. some arc expected and this added to the fact that re- ceipts at primary points again show ten dency to increase, has created considerable beartsh sentiment. and it is by no means un- likely that the liquidation may extend further earryins, prices temporarily below theIr pres