The Montgomery advertiser., 1909-12-18
COTTON PRICES ARB UNCHANGED fessure to Sell on Holiday $
 Approach CELSIUS ISSUED ON MONDAY Ginning Figures Expected BuIlish at 9,42O,OOO Bales. TWO Lots, Totaling 42e Bales. Released h Local Market---Receipts Heav- Ter Than Usual Reaction On Liauidation Expected--
 Market Letters On
 situstion.
 
CELSIUS ISSUED ON MONDAY

SLr3cI low mfddiing II 1-4c
 Although there is slight pressure to seIl at this season of the year by small merchants and farmers for extra money on account of the ap- market Friday refieeted f no @ result from from this. The traders from former ex- periences know that the anti-holiday market Is no place for fresh venture and and consequently the market was f In spite of the bearish efforts. the market held steady and futures did not loose any ground. Prices opened chanssd from oaEs TSnrsdaSs daS eroseH efosinr In figures In fact. 1t was narrow waiting market but the situation seems to be perfectly well under
 The next Government Census report of the amount of cotton ginned from December l to 13 will be issued next Monday Private reports estimate the publication will be around the s.42e.- the Governments crop estimate. Last year during this same period Sg4,0OO hales were gfnned and the information tp date indicates that Mondays re- pert will show about 50 per cent of
 On any advance resulting from the punIieation of the ginning figures, should they be lower than generally tttt +&|&Ra II Ab GRPttkeQ tnaI mere Will be rather extensive Hquida- tion. Besides this. outside support is restricted now and with ali these forces bearing on the situation, New York futures may work for a re-
 On the other hand most of the spot cotton is strongly held in a justified expectation of higher values in the ply. Fifteen cent cotton Is still the goal of most of the heavy holders, who are anxiously awaiting the reali- Eation of their dreams. Warehouses in all the cotton centers have thous- ands of bales of the staple with a Is cent limit, which will be turned out when the market reaches that figure.
 The local spot cotton market carried out the pressure to sell" situation Eriday, when 420 bales of the staple were released. This amount was in two lots of 150 and 270 bales. The trades were made around the fl 5-S and II 11-1e cent marks. The factors had plenty of the staple offering, In sale on the tables of the warehouses; The shippers held off and no other sales were recorded.
 The wagon cotton at the Square Friday was the heaviest for several weeks as approximately 800 bales were hauled Ainto the city by the pear-Ry farmers. The street price Mas 14 5-S cents, basis middling. The
 
 rail and wagon amounted to about s49 bales.
 At II94. January futures opened Fridays session unchanged from Thursdays close. This month went as low as 14.S6 and as high as f4.9s, but closed at its opening figures. Two points down at 15.30 was the open Ing prices of March futures. This month went as high as 15.32. as low as 15.23, and closed at 15.31 or one point below Thursdays close.
 The Liverpool market. due four to Five points lower on January and 4 1-2 to 1-2 points off on other months. opened easy at a decline of seven to ten points. The English market of Tered no resistance to the decline in New York Thursday. Around noon The market stood, quiet but steady. six to seven lower on near and five to six off on late months. The close showed an advance of half a point. Spots were dull at three points de- cline with sales at 5000 bales.
 The weather map showed unsettled 10 partly cloudy weather, rain and colder in the West. fair and warmer weather in the Atlantics and rain for the Central states.