The Montgomery advertiser., 1905-03-25
HAYWARD, WICK < CIARK's COTTON
 LETTER.

Managers; Phone 73s.)
 New Orleans, March 24.-In the cottoi market today the statisticians got busy t ant in their weekend figures. Good sized plu corrections, large Interior receipts ant stocks and heavy movement at ports. U receipts tomorrow at principal points. wer' what the trade was confronted with whe, the first batch of statistics for thew the wees 2 the figures will be is not much Of ques tion with the trade. as the general belle is that they can not help being bearish. II II spite of all this. however, prices refused tt do any gymnastics which bore the slightes resemblance to a break; during the greatei part of the morning they were only aoou five points lower than the close of yester day and the undertone was enthusiastically steady.
 The market opened quiet with the en 10 points. Liverpool was somewhat disap pointing and the weather map was al that any reasonable bear ought to wisr for. The bears, however. did not seem al all enthusiastic over features which 1T time gone by would have broken the market a dollar a bale. and throughout the sessior prices deriving the greater part of theil steadiness to the somewhat anxious at tampts of scalping shorts to take profits
 The amount of cotton into sight durini the week ending today was 235.ooo bales exclusive of a plus correction in the stocks at Atlanta of 1000 bales. This into-sigh'
 
 s03 last year. Interior stocks showed up a. large as ever, being 563.227 bales. against 27O,054 last year; receipts at the 30 in terior towns during the week 12s.s62 bales against 45.37s last year. while shipments were 127.36s. against 56,604 last year. Thii last item gives the promise that receipts to come. any way. Receipts at all port' during the week were 171,226 bales, com pared with 63,444 for the same week las year. This gives a fair idea of the move ceipts of 28,500 to 31,500 bales for tomor row at New Orleans. Galveston and Houston against actual receipts of s,o95 at these three points same day last year gives ar idea of what the movement will be during the coming week.
 Spots were in fair demand. Sales, s.1Oo the market was called steady at 7hc fol middling.
 LOvEMAN q CO.'S COTTON LETTER.
 (By Private Wire from H. & B. Beer.)
 New Orleans. March 24.-Market ruled dull and very narrow during the entire ses sion. fluctuations being confined within { ally closing at T.4s@7.i4o. against 7.4S, yesterday.
 shorts were favored with favorable weather, only light showers in central DOT ions of belt. and a forecast for fair weather tonight and tomorrow.
 The movement was in excess of expecta tions, insight for week 235. 900, last year 1O4. 900. and estimates for tomorrow's ar rivals were very large. New Orleans ant Galveston combined looking for 20.500 ts 23.000. compared with 5.S02 last year, wheI port arrivals were only 7,999
 While values ruled a little easier thar yesterday. they exhibited an undercurren of strength which was only accounted fol by some little covering, by shorts in tn, current month and in the May position.
 There was nothing new in the way of DO litical developments to influence the mar ket. Traders. however. were skeptical O the short side on account of possibilities O this evenings worlds visible supply state ment making a bullish showing. spinners takings of this week one year ago amount ing to but 17s.0O0 bales.
 Our private wire reports from the in terior indicate continuance of free re interior towns for the past week, 127,00O last year 57,000.
 Thus far this month the amount market year; since Sept. 1st 10.s7S.0OO against g.. 127.000.
 At the present moment the commsrcia largest crop ever marketed. Ii, 262. .OOe bales which is about 300,000 in excess of tn, consumptive record, and 1t will not be honi a basis for Q commercial crop of more thai 12,000.000 and continue to expand until total of about 2.500. 900 has been account ed for. which In all probability will leav @ large visible surplus in addition to larg reserves in the interior to be carried ove into the next season.
 The features will soon be realized an, unless the South sees fit to live up to reso utions adopted by the New Orleans con vention looking to reduction in acreag of about 25 per cent. and in the use of fer tilizer, market Is apt to work lower. yer. much lower if favorable growing seasoi be experienced.
 The ginners' report of next Tuesday i since Sept. 1st 6,172,743. last year 5,155.74s Spots here closed barely steady. Sales g., 100; to arrive. 1,5oo; middling. 7hc.