The Montgomery advertiser., 1909-11-24
TRADE SUFFERS SOME RELAPSE Bears Again Hammering
 Prices Down. A 2O-POINT DECLINE RECORDED Poor Spot Demand and No Export Trade Affects Sentiment. Desdlock Between Bsyers and sellers an Local Market continues--No Trades Recorded Monday
 Dull Day for Lack of
 Offerings and

ssood middiing .. .. :. ...... .14 1-2c. Strict middling.. ..14 3-Sc. Middifng.... .....,.lf 4c.
 With the bears making a dying effort to break the bull spirit and with timid longs iiqufdatin the cotton market suffered another relapse Tuesday. A decline of about 20 points for all cot prices were down on a discouraging Liverpool, and the market was fiat throughout the day. The poor spot de- mand and the statement from export CTS that there was no inquiry from abroad. also affected the sentiment somewhat.
 There Is absolutely nothing doing Tuesday in the local spot cotton mar is s. at tna ss ssandsti GSs % Factors Sad no spots to offer and shippers made no inquiry. The deadlock. which has ex- listed between the two for several weeks continued and dull market, was the consequence. Spots were steady at a little lower quotation for middling due to the decline. Not single sale was recorded.
 Approximately only sixty bales of wagon cotton was for sale at tho Square. The 14 Ia cent price was paid by the representatives of the ware houses and the decline made another disappointing cotton day for them. Had the receipts into the city Tuesday would have been lighter than usual. A total of about 532 bales of the staple was received by rail and wagon.
 The Liverpool market was very weak Tuesday and at one time showed 8 de- cline of IF English points. This weakness was possibly due to the re- port Monday that 3s.00o bales of New York stock was engaged for export and trying to break up the bull determina- ton.
 The lack of demand from abroad is a fact that many are trying to solve. erabie cheap cotton from speculators during the summer The stock on hand, 1t is estimated, will last them about a month longer. It-is said that this experiment. was tried by the Eu- ropean mills to force holders to place their staple on the market. There can be no doubt. however. that if the Southern holders stand pat higher prices for cotton will be the ultimate
 The cotton market Tuesday was dis appointing. First prices were from I2 to 22 points down. Although the mar ket remained steady the balance of the all months closed at decline of about 20 points under Mondays closing figures. December futures opened z2 points of at 14.32. This month went as high as l4.4A. and low as 90 and closed
 
 22 points under Mondays close. The fnittAh psiee8s oGnzJ ansIaEysS ct 14.ef, only 12 points down. e Prices went as high as f4.67, as low as l4 50 and closed at 14.53. or 20 points under the close of this month the day be- fore.
 The Liverpool market, due points higher on January and 6 to 2 points up on other months, opened quiet only 5 to points higher for all months Around noon the market showed a net decline of to 5 points. The decline continued and the close was weak Spots were dull. points higher. with sales given as 1000 bales.
 The weather map Tuesday showed generally fair weather in the West and partly cloudy and cold weather in the Central and Western States. The fore cast Is for fair and slightly warmer weather in the Central States, partly cloudy and colder in the Atlantics. and fair and warmer in the western section of the belt.