The Montgomery advertiser., 1909-11-27
GREIL's MALT wHfsI&EY.
 The Whiskey For sieixness One Gallon &2.H0, Express Paid. ! Plain Paekage--Giass Jugs. 0reil Trading Co, Pensacola, Fla.
Additional Market Reports
WEEKLY COTTON REVIEW.

New York, Nov 26-Tha ootton ,,..ixo. hn,,, has resolved issf into speculative duel petween large trade interests who think that prices are unwarrantably7 high on ths one hand and certain powerful New Orleans le Snlcago ana val Street operators who sup port the thesis that supplies are certain to DC snort and the consumption large and that prices are due to be much higher
 nr L.Ssrpoi spot sales have been very small 1ancnester has sent gloomy reports as to the condition of trade politics In Egyut and india It Is contended may affect the British ueoe untavorabiy and if there is any short age of crop in America and Egvpt there S,t., be much larger yield in India Beiieysrs m lower prices contend that consunption must be unfayorably affected by the ruling prices and that there win be enough cotton and to spare. Not oHiy are some speculat ors lighting the advance. but spinners at For over a month many sptnners haze Dousht put sparingiy An English estimate or the orop. 1 too. of II. 25o.ooo bales. was is- York market was closed and the average guess of the members of the IiyerpooI ExS change is 1i,4s2. 900 bales.
 Liverpool keeps selling straddIas hare against purchases across the water on the theory. that the differences between inc tSl1 two markets are only about. half what they should be. At times there has been coYsId. erabie liquidation by Wall Street Western and Southern traders. Now and then it ap- some of their manipuIative lines sysI gt Is they have stood by their principal heldines, The tone was been nervous. uncertain and AtSAC VT iooS ApPESiacuSlfep OWI0E to the A. nipuiative character of much of the trading on both sides of the market. But even m days when liquidation was heavy, it has been remarked that the cotton on the whole haA been well taken The receipts have been steadily decreasing Those at the ports at times have been only about hail what they were on the corresponding days last year. and bullish weekly statistics arc expected by many from now on. One South. ern house estimated the crop today at only 1O,200o00 bales. including 2,456, 900 in Texas and 1,960,o00 in Georgia The South has sold so much cotton at high prices that fts financial condition. 1t is argued enables farmers to hold cotton back if they are dis posed to do so. A Baltimore authority puts the value of this years cotton crop with the seed at between $500, 900. 900 and S1, ,O0O OO0 900. That would be the most profItab bic crop on record and would have a distinctly favorable effect on the finances not only of the South but of the nation.
 A rumor has been current that 10 900 bales of the local stock would be shipped to to bring cotton here on the part of their op- ponents with equally determined efforts to dispose of the New York stock in Europe. James A. Patten in interviews in newspapers here expresses himself as very buliish on the outlook. partly owing to the presence of boil weevil in South, and also for the reason that he considers cotton in the same posi- ton that wheat was a year ago.
 As the case now stands, some consider the price adngerously inflated and others think that a further advance Is in order than they did year ago, but on the other hand, spinners' takings for the week are much smaller than for the same time last year,