The Montgomery advertiser., 1905-03-21
II. & B. BEERS COTTON LETTER.

1T. B. BEERS COTTON LETTER.
 New Orleans. March ao.-Movement at all ports for the day was very heavy, 4z.- 442. last year ISIS. put unfavorable wet of the belt torrential being reported from along the middle and East Gulf States. rain fluenced market to higher level than Saturdays closing, May after opening at 7.57 advancing to I6s. finally closing at quite in keeping with the good trade ac- counts from that quarter, for while busi- ness in the cloth market during the past week was generally smaller, the restriction In operations was mainly due to the firm mes of manufacturers on contracts for dis ders faster than they can fill their old en- gagements. and yarns were reported in good demand notwithstanding prices.
 the rains of yesterday Id today has been made one of the principal issues of the day. but reports from Texas are to the effeet that seed potatoes which were so generally planted this year. are rottins in the ground as is corn in some sections of the State.
 crops, planting of cotton may be delayed all the more, but if farmers find 1t to their advantage to plant cotton instead. the age might not take place. The lateness of the season, owing to the fine season in the ground for cotton, will not be so much of an auction in acreage, as 1t is yet too early for the planting of cotton. except in
 The next feature of importance to come to the surface will be the publishing of the last of series of ginners reports on cot report is expected by the end sof the month probably by March 2bth. and 1t will most likely show 1s,loo.ooo bales actually sinned possibly estimate of what there remains to be ginned and perhaps the number Of bales of linters obtained from last year growth, making an actual crop of about 13,- ROO 000 nOSaihlV larger.
 This weeks insight points to about ioo.- 900 more than last years ioS,ooo These finding its way tc market, and If weather becomes favorable, it will be question as to whether or not the world will take care of the remnant at present prices.
 CHICAGO GRAIN AND PROVISIONS.
 caused many realizing sales in May wheat the close was off k. July is down \ @ H and provisions are up 2h 912Mc.
 Weakness in the wheat market devel- of fs S%ss h' wsssSg sesSnns being up S@A at s2N N@ss. May was Owing to a decrease of 100000 in world s shipments for the week compared with those of the corresponding week year ago prices in foreign markets showed gains. | The decrease in the worlds movement was l the main reason for the initial firmness tive buyers for future deliveries. The May | option, however, was under considerable selling pressure. number of prominent longs being reported active on the selling side of the market. One reason given for the desire to unload May was an increase in receipts Northwest arrivals at Mime, either the corresponding day last week or | a year ago. Later the selling became more % primary receipts % e' we're posted G on the bGlie- | tin boards. The total movement today m the United States was nearly 100000 bush
 els in excess of what 1t was year ago | The showing on primary receipts was hard blow to the theory of depleted reserves and was largely responsible for ,,,n the weak ak isiiverS islf followed May in a downward reached reached at t .i4%. July % sold I off to ss% During the last half of the session the mar ket derived some support from strength oi cash grain. but demand was not urgent
 The market closed rather weak with May at .1a%. July closed at s2% 932h:
 The corn market was firm from start tc influenced by smaller receipts than esti- mated, arrivals today being nearly lOo car, port rss1 'r of twenty-five boat loads taken fol | export gave additional support A feature
 of trading was the reported purchase of E. house. May opened BGA to S @Mc high. CT at 49k 9isM, sold between .s% Ind 4sh ana closed at 4sB 94sA. Local re- | Sentiment in the oats pit was inclined | to bearshness owing to liberal receipts l desire to take advantage Of the low freigh
 rate was the cause of the larger move | ment May opened unchanged at 31%, solt
 between 31% and Sl% and closed at S1%: | Provisions firm on smaller receipts of liv,
 hogs. Shorts were good buyers Offering | were light. At the close May pork was uI
 1Oa12h at 12.97h @1s.UO. Lard and ribl
 were each up 2h Q6c at 7.15@7.17h ant
 6.97hQ7.
 The leading futures ranged as follows: | Articles ODen. High. Low. Close