The Montgomery advertiser., 1907-06-03

who are accustomed to go up against the cotton Harket and to finger over the llackboard quotations in the wire houses, reaped aNcich harvest over the sudden pulling of the New York mar ket At that, New York still has the best end of 1t.
 The local specuiators have been ex- pecting a big rise for some time ana have been playing for it. It was lons time coming and some of them got discouraged. But the last two big rains embolden those who were already in the market to hang on and induced others to take a flyer. AS " turned out. the day brought a fair mar vest to a number of local investors, but the spectators in New York have, at that the big end of the ledger.
 But trading in the wire houses both on Friday and Saturday was fast and lively. The same thing was true or New York. The expected drop Fro n the big prices of the previous days dil the inarsct amore than held its own At one time Saturday. it was consid- erably higher than the closing hsures of Friday. But towards the end or the day, the bears appeared to be get ting in their work and the market dropped off 10 points from the high water mark of Friday.
 luc HS oH tHc DtdChboatH ohe the nets that are made upon therl, are however, only incidental to the interests of the growers of the worlds greatest crop. For them prospects arc decidely gloomy, notwithstanding the 12 cent price that obtains. There are hundreds of farmers in Alabama who have had to plant their cotton crop over as many as three times. Thous- ands of Alahamians have nad to re- plant twice. And now the cotton grower who has a good stani Is the exception rather than the rule. It IS safe to say that on the average, tne cotton crop in Alabama is four weeks behind the season.
 The reports which had the most effect in bearing the cotton crcp, however, were those that were sent in from Louisiana and Texas. On the heels of the news frem Texas and Louistana that unprecedented rains had follow ed the 'ong wet spell, the market jumped to IF cents.
 The reports would indicate that the cotton fields O. those two States have suffered worse than those of Alaba ma. The South Alabama farmer would h. rdly relieve it. but the rains in North Alabama have been heavier and more frequent than those in Sou.h Alabama. As rosultf it is said, ex- cept for the prairie lands. where the water fingers longest. cotton IS Ill Il better fix in the Southern part of the State than 1t is in the Northern part. And 1t Is bad enough in either section
 Commissic ner Of Agriculture J. A. Wilkerson. mouth ago called attention to the serious condition which faced the cotton grower At that time many farmers had to replant their crops, and but few of them had sufficient soed
 Farmers who sold their surplus seed last fall at $14 a ton, had to buy seed for repIanting at $25 ton and more. Since the fields have been repl7nted, crop conditions have been no better tat they were before. It Is asserted that up until June. the crop condi- tions in Alabama for cotton were poorer than they have been at this time of the year for quarter of cen- tury.
 The big furry in the market was not caused by any government report. It was not the time of the month for the issuance of a government report. What the market did was done on a report from private agencies. These reports placed the conditions at the very low figure of 65.4 as opposed to S4.6 per cent for the previous year.