The Montgomery advertiser., 1905-12-05

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 The sovernmsnt's final crop estimate of fo.lel,S1e bales was issued yesterday. the asnt and sn iss effect effect on n' spots was far rsach nR. At the close of business in Montgom,.,
 s sg .ss ssoSa sss with % fse of srsa sr freely for middiing cotton and little takers even ~ . purins 1 the day some round lots of cotton were sold as high as iinc but ll&c was the ruling price for small lots. There was very cry not sem one bit unessy about the future The quick advance did not send the own. ss some of the local buyers had predicted Indeed, holders oppressed the greatest con1t- uence yesterday that the bulge had just be-
 The New Orleans market responded with more rssainsss to the barsay M report than now G,a solns. ne' assnss Tns ~ass S m rsnss g n New York sons wsIis shs Ss New Ss orsans Showed as wide as ss points in some of the options. iy for spot midaifnE and only 200 bales. were Esessnss ss'ns s viv,ds in the lowing telegram sent by leading broker or that city to his Montgomery representative
 '.New Orleans, La. Dec. 1.
 Tt Is almost impossible to describe the nouncement of the annual cotton crop esti- mate for the season of 19o5-oe by the De sns sovsrnment. SL There was $ . large infiuy of vIsitors from every section of the cotton belt 1t was with difficulty that one was able to net about The galleries were reseryed Tor psrhsps thsre @ eTs never was such intenss & terest taken in course of production of the
 s'Erery effort had been made by procession Ai operators to educate the public into be- Iieving in . large crop of about i1.5oo. ooo they they are W now s- a sad, but wiser group of sta- tistical students: their arithmetical propo- sitionn having failed to prove their correct
 'sThe market opened about 20 points up Times Democrat. the actual growth having been placed at lo.1s5.ooe bales. This was ssrf ef Y tse Natione cnnsrs sas:ooo bales; There was some little delay from II a. m. to Ia:ss ?. m. the post, and dissstisfsction. but as ali ia well thai ends we'll. this litle disappointment wa port the delay as having been caused by tn, wide divergence in reports of yieid pc hs the meantime s s1 the market was very sensitiv
 ss s s@es a 70 bs psrty awaited the result with patience.
 Just prior to the reading Of the bureal report the tension was something awful the undertone of the market being one c suppressed nervousness. It was understoos that this years estimate was to be bases upon bales of 800 pounds gross weight. Il other words bagging and ties were to be fin. cfuded. which in itself was to swell the to i tal to be reported about per cent: new departure in crop estimating. When tn report from washington was heard. 10.167,. which practically means s.6Ss.000 bales O standard net weight. there was roar tha , would have silenced Niagara: hats. canei and bonnets went fin the air. and one would think that the roof would fly off the build ing as the market rose triumphantly on iti way to 13. 80 for March contracts. realizing causing 1t to close. at l2.Se to i2 :ST"
 bits of money on the excited market. Mos of them were bulls. and many of them hat the courage of their convictions. They helt their cotton over Sunday and dared to sinl or swim with the bureau report. Thos tifnid ones who ran away from the smarke were downcast yesterday. but those win had the courage to hold found their banl several Montgomery traders who cleared u Ss.e00 each and perhaps there vera thos even more fortunate.
 The large Montgomery buyer who tw fnontha ago declared without equivocatt) that he believed cotton would sell as high a IS cents before the season was over ha never changed his views. He was of tn same opinion yesterday declaring that wit such small crop the market was entirei too low right now.
 whatever may happen to the market on thing te certain the man who buys on break Is going to increase his bank account if h holds on to what he has.