The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1909-08-11
COTTON GOSSIP.

lot of fifty-five bales was released
In the local market yesterday for II IL
cents.
This is the largest sale made in the
local market for some time.
The cotton market had a better tone
yesterday.
Liverpool sent over higher cables
and the initial prices of the market
were about 10 points up.
Liverpool and the continent were
good buyers.
The bear crowd got busy at the close
of Liverpool and the market reacted
few points.
= However 1t closed from "a to &c
points above Mondays closing figures.
Texas had more rain yesterday.
Indications too are for more rain and
cooler temperatures in the West.
The weekly weather report was IA
vorable except for Oklahoma, where
heat and lack of rain are mentioned.
In Texas twenty-one stations out of
thirty-two reported precipitation.
One cable from Liverpool said: "Ex-
tremely favorable Board of Trade re.
port"
Washington has published a long
range forecast pedicting more rain
for the West in the next few days.
Waco. Texas, wires: Recent rains
will increase Texas yield materially.
Crop reports generally are more favor
able. Craig Interests covered large
part line yesterday. but they are sup
posed to be still bearish and will prob
ably sell on hard spots. Feeling, how
ever, generally traders is not bearish
and doubtful if market can be ham
mered below"
ond bale of cotton came in yesterday.
the third one to be ginned here. The
cotton receipts in the county will show
a great decrease as in this section
worm and the continued dry weather
have stunted the plant 50 badly that
good rain would not make It put out
much. OF course. the rain will mature
in this immediate section Will he
about one bale to five acres"
The Washington forecast reads:
The scattered rains of the past two
Or three days over the Western por-
tion of the belt will be supplemented
during the next two or three days by
abundant rains in that section and
generally over the Southern states.
In the Middle. Eastern and Northeas-
tern States, the excessive heat of the
last few days will give way today to
comparatively moderate temperatures
Following is the weekly weather re-
port
The mean temperature for the week
was - to 80 degrees over the Eas-
tern portion OF the cotton region and
81 to So degrees over the Western
portion. The lowest mean tempera.
ture was Ga degrees over the central
portion of North Carolina and Geor-
gia and the highest was SO degrees in
Texas.
There was an excess In temperature
over Oklahoma. Arkansas. the inte-
rior of Texas and Florida and the
low over other portions of the cotton
region. The highest temperature re-
corded at regular weather bureau sta
tons ranged from sc at Atlanta to
104 at Oklahoma City. The minimum
temperature was ~ to "A along the
Gulf coast and was Ga to 70 over the
interior of the cotton growing states
Following are some opinions of the
Grusel 4 Finn: There is no logi-
cal reason to bear the market at this
time"
Dick Bros. G. Co: Undoubtedly
good deal of cotton bought after the
government report last Monday is
hanging in the balance"
Miller g. Co. Further bear pres
sure may result in renewed liquida-
ton ami witness temporarily further
set backs"
s. b. Chaplin. & Co: 1T is still a
case of speculative conditions. We
expect marked change from the
present bearish temperament of the
trade with a sharp rally in prices.
Edward Moyse, & Co: I'VE should
go a little slow at this level until it
is learned just how much cotton spin
ners will take around these prices.
ST. LOUIS LIVE STOCK.