The Montgomery advertiser., 1905-03-15
HAYWARD, vICK CLARK's COTTON
 LETTER.

| tBy Direct Private Wire to Virgin Fauncs. Managers: phone 73s)
 New Orleans. March 14,--In the cotton market today old-time bulls were in Ina saddle again and past performances seemed broad and had a good undertone. Prices | had q strong upward tendency until about noon when some profit taking on a large action. The full glare of the lime light was turned on sully. who. after a long psriod @ of inactivity. M @ seems to S have consider: | to boost prices. Price has long dom- | mated. or nearly dominated. the situation in a a1 if s ment. In this mornings papers in New York sully was interviewed at length as to that he believes the mills of the world will buy about 12500,0 900 bales of American cot ton from crop which he says everybody out circular yesterday afternoon explain ing his views. and Price retaliated this morning by sending out out a ,l iSns telegram in | about s5,o0o bales of cotton during the last three days, and this cotton had been
 uss bD Dy Sss who nsa Gssn | to doubt Sully's leadership. The last chap ter up to date in the story of the duel be- noon suliy unloaded considerable of his long holdings upon Price. who was commonly supposed to be covering shorts. not only in ' looks as if there were great times ahead in the cotton market.
 A great many conservative bulls In the local market dislike to prices put up any higher because they fear 1t will influ- l ence farmers not to reduce their cotton acreage as they promised at the cotton convention held some time ago in this city For this reason many of them are taking no part In the concerted effort to boost values some time past.
 The market opened steady at an advance or S@S points on favorable Liverpool. Prices steadily advanced until they were | $l per bale higher than the closing of yes- l terday At this level profit taking by longs became general and 10 points was shaved to o'clock.
 Spots were in spring demand. while of- ferinss were extremely limited. Prices were firm and higher than yesterday by Hc. Up to o'clock about 5000 bales had been sold. These sales would have doubled had
 Liverpool futures opened steady at an ad- vance Of 3 points and closed to s points | higher than the closing of yesterday. At | they stood at an advance of 5 and 6 points whereas an advance of 4 points would have met the fluctuations in the American mar ket yesterday afternoon. Private cables said that tobbers were going long, being | influenced by the operations of Sully in Sa dne New York market; Spots were in fair ding was marked up points to 4. 27; sales were 10000 bales; receipts 10000 bales. 
 CHICAGO GRAIN AND PROVISIONS.
 chicago. March 4.-Covertng by shorts M.d tate in the day. mainly by strength of corn. saased MsS bsin1 firm n close in wheat here today Sss Prosl.ons Sas srs sf Hiss fIs nishsl was somewhat divided. the May option be- ing firm while distant deliveries were rath- CT weak. May opened Nc lower to Z,sc shade to k0Hc at ssS @ss. Rain and snow throughout the West and Southwest formed 1 the basis of the weakness of the firmness declining along with July. fac tor that brought out some additional selling worlds visible supply as shown by Brad reached at l;12h; July sold off to, sa%. | siderable firmness. shorts being good buyers during the last hour of trading. strength the main for the % Northwest was considered bullish. July was in best demand during late trading and ad- l.is%, but reacted again on profit taking the close being at 1.1sh. July closed at sax @ss%: Clearances of wheat and flour were equal to 111,500 bushels. Primary re- | ceipts were 450.s00. compared with 5s5.- 0oo bushels a year ago. Minneapolis. Du- luth and Chicago reported receipts of S4s cars. against 2S4 last week and AS last year.
 Sentiment in the corn pit was decidedly | good gains. An active general demand was in evidence several prominent commission houses being heavy purchasers. decrease of 6O5.OO0 bushels in the visible supply com- pared with an increase of 1,632.o00 last year had strengthening influence Clearances | of nearly half million bushels also tend ed to create bullish sentiment. May opened 4sls, sold up to 4sy and closed at 4s% c 49h.
 Strength of corn held the oats market firm. but trading light. Cash houses were moderate buyers. Pit traders and commission houses sold. May opened un- changed to a shade lower at s1% G31% to S1A, sold up to SEX and closed at S2M @ 22k. Receipts 2S1 cars.
 Provisions were strong on an active de- mand from shorts. Offerings were not suf- ficient to meet the demand and in consc- Quence all products made good gains, Strength of coarse grains was an important factor. At the close May pork was up Ac at 12.72h. Lard was up loo at [ o7h, and rihs were 7hc higher at 6.s7h 96. 90.
 The leading futures ranged as follows: ARTICLES. open High. Low. Close. May. :. .. i.14M 1.14M 1.12M 1.1aH September Six S7H ss% sf