The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1909-11-18
RECEIPTS OF
STAPLE LIGHT
Cotton Movement Falling OF
in Sections.
SHORT CROP NOW IS FELT
Gold Wave Pushes Into Bell And
Frosts Are Recorded.
Local spot Cotton Market Statistics
wires And cables From Many
Cotton Cenfers--LocaI Mer-
chant-Pianter Gives
Views For Higher
Prices.
Good middling .............. II 3-4c
Strict middling ............. IL 5-Sc
Mfddling -. ... IA 1-2c


With steady market before them
mistaken, local holders made only
small offerings Wednesday and as the
result one lot of $50 bales was releas-
Ell In the local spot market This
trade was made around the Ii SIS cent
quoted niddlins s at Il IL cents n'' or
lis higher than Tuesday. The ship
pers made some inquiry but were not
Inclined to pay the price asked by the
Receipts of the staple into the local
market are showing up lighter every
day ana as one man put IL wednesday,
from now on the falling off In re-
cetpts will be sensational" Approx
mately 500 bales covered the total re-
ceipts OF the city Wednesday. Almost
every warehouse complained about the
receipts and everyone had short run
on the staple. Wagon cotton at the
square amounted to about fifty bales
and this was warehoused long before
Not only Is the local cotton market.
but.every other cotton center In the
South Is complaining of the movement
falling off 1t Is said that the insight
Tor the week will be 10000 bales less
than this week last year when $50, 900
baies were brought in: Ga dn
compared to $4,000 this day year ago,
Houston recorded 10000 bales Wednes-
day In comparison to $4,000 bales of
csived 80 5000 bales a wed G d against
10000 In 1908.
local warehouseman In looking
over his receipt books Wednesday was
greatly surprised In the comparison
total of fifty bales Wednesday by
rail AMI wagon and this day a year
ago this same warehouse recorded the
receipt Of $50 bales of wagon cotton
alone. This fG Nifnnlu ~ m nj NJ
many cases with all the warehouses.
The shortness OF the crop Is beginning
TO be felt and as this warehouseman
put IL, this Is a terrible drop from
last year and we never experienced
such a dull year in receipts"
The cotton market remained steady
yesterday and no violent fluctuations
we're recorded Opening prices were
five to six points up and the market
was supported from abe start almost
BY general and confident buying.
Although few New York bulls tried
70 hammer the market Wednesday, the
rallied after the extensive decline OF
last week surprised many bull Al
though the market eased off from It's
f fbgs d the closing prices were TIVE 70
figures
The initial prices of December
futures were five points up at 1880.
14.57, an advance Of two points over
Tuesday's close. January futures
opened the day at 1919. and quickly
advanced to 1885. This month then
dipped to 14.76 and closed at i4.75, or
three points higher than the day be-
FORE
The Liverpool market made full
response to the call for advance
This market. due five points up on
January and six points higher on other
positions. opened seven points UP on
near and eight higher on distant
months. Later cables reported a fur
Their advance Of one point Spots were
dull at an IL points advance with
sales given as 5000 bales.
Colder weather prevailed over most
OF the cotton belt Wednesday and the
cold wave Is pushing further into the
Central and eastern belt Official and
private reports showed killing frost In
North Texas and Arkansas. The fore
cast Is for fair and colder weather
Heavy frost is also predicted for the
Northern portions Of the central
states,