The Montgomery advertiser., 1904-09-27

values Options lost 10 points and sno,s oh..,ar .s o1 f,ooo bales. Is points. Man. SnesteI reported cloths quiet and firm and yarns quiet. A very good weather map and iniications of large receipts induced sell .hs .hs ana a, lower prices at our opening For fairiy steady at the r.duction hut latar showed evidences of an easier undertone ana values worked lower for a short period tfnued dminution Sellers arc becomIna more active in their endeavors to dIsno.a their holdings, and from certain portions or the interior offeriEgN were quite free American spinners do not apear as active buyers Ter extended lines as vet the ind, ear,ons samo , being that with the exception of stanIes 'nmea'ate thnsS e, requirements of special s.aples their demand Is limited to almost immediate necessities. Traders seneraIiv are showing a disposition of conservatism aho sh altnoush recent reports of injury to tne crop suggest the possibility that no more may be produced than will be re- ouIed py consumers operators will look 10 the Government bureau condition report TOT more complete verification of excessive deterioratfon before largely committins themselves on the long side.
 VIRGIN \ FAUNCE's COTTON LETTER. SSy Private Wire from J. Walter Labares
 & Col
 NEW YORK. Sept. 26.-The cotton mar ss net opened quiet and lower responding to the lower advices from Liverpool There was considerable long stuff dumned Sor protits ana this, coupled with some short sehhng by leading Wall Street bear helped the decline. The market howt a,r raceiYaS eooo support around the low levels and tha pears were indisposed to push. the reaction 100 Tar In view of this feature. The South oousn. moderately of December and Janu- ary ana spinners were good buyers of the spot article Philadelphia spot cotton mousse was also buyer. The weather was eenerany favorable over Sunday and the expectation that the weekly report tomor- row would not be unfavorable had a ten eeney 10 oepress sentiment. The short in tsres. mas increased considerably during the past week and looks to us as if if was becoming too heavy. and would not be sur Prlseo 10 see bear panic of no mean r-o- portions in the near future. The size of . N interest Is large enough to put cotton nm 100 points.at the minimum and think coz ron VIII reach l21a cents before October tst, No mistake can be made by taking a Tree position on the long side of the mar ket a- current quotations and on all sIigh+ receesions. "'' "'
 CHICAGO GRAIN AND PROVISIONS.
 CHICAGO, Sept 26.-A break of 4 cents a oushel In the price of wheat occurred here today. The decline was due to gen eraI nquldation and to the execution of nu- heavy primary receipts contributed to inc weakness The market closed at almost inc lowest point of the day. December being < 93hc down. Corn Is off 5tG1c oetas down 4 and provisions 21h a 10c higher
 At the start wheat 'howed a fair degree or firmnesi December opening h 6n n 71S at SI.l4A W1.1AlS and @115h T-Ao*
 To large extent this was due to the strength or foreign markets, Liverpool be- ins up nearly penny Immediately after the opening two or three big operators be- gan to sell out lines of long wheat and prices started io~n the decline continuing the entire session. Weakening influences carly were liberal Ncrfhw estern receipts ard expectations for still larger receipts AS prices declired many step loss orders were reached and the execution or those orders added to the weakness. UnexpectedIy heavy arrivals in the Southwest and an increase Of nearly 2,o0o0o bushels in the visible supply were late bear influences December sold to 1.10lk just before the close and quit at 11o% and May touched aaih and clo',d at 1.11S. Clearan ,es passage decreased 72O.oOo bushels and the visible supply increased 1.1s3.o0O bushels Primary receipts were 1890. TOO against l. is1;2o0 M year ago Minneapolis. Duluth ana Chicago reported 1,156 cars -AEainst l'o47 last week and 964 a year ago
 Continued warm weather had a weaken h, ing influence on corn early and later the break in wheat added to the depression country acceptances of Saturdays bids were liberal and sales made today against these were noticeable feature of early trading The market closed almost at the lowest. December opened shade to a %c lower at bo ss A. sold off to 50h @50X and tract
 Oats were weak in sympathy with other grains Bearish sentiment was augmented by an increase for the week of 5cO, OOO bushels in local stocks carried in local warehouses December opened A@hc higher at 3lN aS19S, sold down to 3o% and closed at 30%. Receipts, 2S6 ears
 In spite of weakness in corn, provisions were firm. Small hog receipts and higher prices were the bull factors. Selling was mainly in the way of profit taking. Janu- ary pork closed 1Oc higher at s13.35; lard Nc higher at s7.45 and ribs 2h q 5c higher at ss.9o4s .s2H
 The leading futures ranged as follows:
 Open. High Low. Close