The Montgomery advertiser., 1904-09-09

of Io,12i,sss bales, against I0.7ss,s2s bales in 1so2-o3 were Instrumental in causing . shorts covered freely, fearing possible squeeze in the September option. After the opening prices sagged off somewhat on profit taking. but at the lower level support by Wall Street bulls. aided by the increased anxiety of the short interest to cover. check ed the decline and had a stimulating effect on prices. Sp,nners and mills were again moderate buyers of spots today. While the demand Is not large. 1t Is a significant Eact that they are again in the market as pur- chasers. and 1t is evident ethat they con- slider cotton as low enough for the present anyway. and despite the predictions of a big crop and favorable Government reports short of 12.500.000 bales Conditions at present justify much higher prices for cot ton and with planters throughout the South holding back for 12 cents thus restricting the movement to a certain extent. we think that cotton will soon reach T. cents. The market is purchase for a good advance.
 CHICAGO GRAIN AND PROvISIONSh
 CHICAGO, Sept. S.-An excellent demand for wheat for milling purposes. together with reiterated reports of serious damage upturn in speculative pf.ces. December closed lhc higher: corn was up h 4 Sc; oats up t q Ae and provisions 2h @ l? he higher t~<
 Easy cables and much Sarger local receipts than expected caused a ra:her tame opening in wheat. December being unchanged to hc lower at 1. 06 < 1.06%. Several prominent commission houses were active bidders at the decline and with only light offerings the market quickly developed strong undertone. As the session advanced the buying became more general. resulting in additional strength. The main factor was the extremely bullish news from the Nort~- west. AZ report from Minneapolis stated that the threshing returns showed an ex- ceedingly small yield and that the move ment of new spring was necessarily light. as urgent farm work will have no free deliv- cries before cold weather. good milling demand was reported from the Northwest. There was heavy selling of May by some big operators but offerings were readily taken. The demand continued excellent throughout the day. the market closing practically at ths high point After selling at l. 0Sb. De- cember closed at l. 0Sh. Cisarances eaualed s4. 100 bushels. Primary receipts were 1.11S,- 092. against l.295.5s0 year ago. Minne- apolis. Duluth and Chicago reported 719 cars against 322 last week and scr a year ago.
 Mainly in sympathy with wheat a firm undertone pervaded corn. Numerous reports from various parts of the belt as to the backwardness of the crop. however. had considerable influence. An absence of of ferings was a noticeable feature. December opened unchanged to kc higher at 5l < @ bsh, sold up to 52%d12% and closed at 52% d52h. Receipts. SIS co . 41 cont G.t.
 Trading in oats was mode. .to, the l..ar- ket being held steady by the strength of wheat and corn. December opened un- changed to bc lower at 32% g32A. sold up to 33 and closed at 32b a 33. Receipts, ll5 cars.
 Additional indications of a break in the strike resulted in a fair degree of anma- tion in provisions. Small hog receipts with higher prices also helped: October pork closed Sc higher at 1o.s7h: lard up 2hc at [. .12k. and ribs 10@121sc higher at ' 40.
 Estimated receipts for tomorrow: Wheat. Al cars: corn, 6sS cars; oats. l7s cars: nogs. 13.000 head. 4.t ~