The Montgomery advertiser., 1904-11-16
HAYWARD, WICK q CO.'S COTTON
 LETTER.
lover Private Leased wire

NEW ORLEANS. Nov. 15.-A graveyard with the speculative cotton market today In the spot marfet there was more than the usual activity. with buyers rushing the future ring there was nothing to do but wait and yawn. f's
 The market opened in rather a cheerfui way and with a good sundertone Therei seemed to be . disposition to advance on the. encouraging reports from the market for the actual stuff but soon after the open Ing some little liquidation by longs was seen the trading up to o'clock. however, the ac- tive months were never more than one point lover than @ the a close , of yesterday Tsls. s. part, bullish. and they helped to preserve the good undertone. The tone at the first call was quiet and firat prices were un- of yesterday. Soon after the opening pricef were four points up. but they then went off until they were one point lowe lower than yester. slight recovery. Fluctuations were lazy and narrow on the restricted trading. Some traders expected bad weather report, but It. as drawn, could hardly have been i'm proved upon. Temperatures were reasonable and no rainfall was reported in the cotton bell, The movsmsnt sS P9,ss port, ,ns saoysd rsdord up breaking receipts last year of 1l3,67s ba.es Today's receipts were estimated at 7s.oo0 bales Up to 2 late hour today all of yes, terday's statistics from ports have not been received. The trade is beginning to show some impatience at the census bureau be- ca9se of its silence over the manner of putting out the report on the amount of cot- ton gfnned to November 14th. If the re- port is to be put out In the same way as last month the first bulletin should be re- pare with 7,070,4S7 commercial bales, count Ing round bales as half bales, 6,Sl5,l61 giuned up to November 14th of last year.
 CHICAGO GRAIN AND PROVISIONS.
 CHICAGO. Nov, IS. - Record breaking shipments from Russia and prospects of an increaeed movement in the United States were factors in causing a decidedly weak wheat market here today. Al the close the December option was off axe May was down kc Corn showk a Joss of % Hc oats are down IT@ < e and provisions s1a Q 121sc
 Beginning with an easy tone at the start the wheat market srs1naly developed his" ,nse and weather suitable for the movement of the crop caused considerable liquidation at Der were unchanged to hc lower at i:i3n @l.13%. May was off is @kc at 1. .1SM Q LEX. Wires to the East were still work.
 ing badly so that the ordinary market in- ments and visible supply statement that should have, been, received Monday was st'il was received from a private source that Russian shipments last week were of enor' nous proportions. the largest weekly ship
 ents from any one country Although ts n,nc not
 
 nation apparently had considerable effec. and materially augmented the selling pres sure. Prospects of u big increase in the yis- ible supply also counted against the longs A decrease of half million bushels in pri- mary receipts was apparently altogether ig- nored. Neither was any attention given to seemingly bullish gossip from the South west telling of exhausted supplies. Another influential factor tending to depress prices were was weakness in the Northwestern markets. due to expectations of a more lib- erai movement of wheat from the farms As prices fell numerous stop loss orders were reached. forcing prices still further down. ward. The principal selling was in the De eefnber delivery. That option showed the greatest loss the lowest point reached, III, being 2%e below the highest point cline of 1 7S a 2c. The market closed almost at the lowest point. final quotations on December being at 1.11. May closed al equal to 4,200 bushels. Primary receipts were s03, 800 bushels, compared with t.400- 200 a year ago. Minneapolis. Duluth and Chicago reported receipts of T52 cars against 990 a year ago.
 The break in wheat and a liberal increase in the movement of the new crop caused for cash corn also tended to depress specu- lative values. The selling was mainly of the December option. The market closed practically at the lowest point. December opened unchanged to kc lower at S0% 0 50 5k, sold off to soc and closed at 5o@50h Local receipts. 405 cars. contract grade
 In sympathy with the weakness or otn- CT grains the oats market trifle easier, although prices moved within a nar- row range. Trading was exceedingly quiet the pressure of the enormous stocks at this point apparently reducing business to a min mum December opened a shade lower at 2sx. sold between 2Sk and 2SB @ 29 and closed at 2S%.,' Local receipts, 169 cars.
 Heavy receipts of hogs at the yards and a eurtailment in shipment of products to the East caused weakness in provisions. Small packers were the principal sellers At the rIn rOr NyQa l2 55@12 57h. Lard and ribs were each down 2m @bc at 7.o2h 97.o5 and $50 re- spectively.
 57 cars: corn. IFS cars: oats, 6s cars; hogs. 3S.000 head.