The Montgomery advertiser., 1909-07-15
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Worth. l0a; corslcana. DaIlas, Henri- iss: dTsssviiis' wsssS.shi.. iss. e
 rollowing is . crsp letter e sent 'Montsomsry. Ala. July IS. 1908.
 '.rhs weather for the first half of July has been in the main more fa- ssss. shSn ' could s sssst nave sssn a.' rsason- % ably expected, and from pezsonef ob- aervetipn and the consensus of reports t can be definitely stated that the i'm tion has been corrsspondingly marked.
 Tn fact, thousands of acres. which tnree weeks ago were supposed to De 70 hopslessiy n grass and weed: that have been reclaimed. though the plant necessarily suffered severely in the weedlng and is much behind in growth In these sections compared to more vancsd and of good promise. The range in sise of the stalk, from six inches up. to waist high and better, is. at present the least promising feature mate yield viii very much depend up on an early or late fall. more than In seasons of uniform growth.
 With fully four months stIii anend ing frost 1or our latitude. any prsdio- means simply an idis guess.
 'The weather conditions. which for the better, were almost ideal. Tn 70 far as in the beginning of the month the hot sun killed the grass where struck by hoe or piow, and later we able rains to help the plant to recu- perate and catch up in growth.
 Taking 1t altogether there Is no denying the fact that on the average sasancsa s sSS ss nSs Ssuai Iy .s sn 9hs time the season owing to the reverses which t encountered. but considering Its pres ent condition, we feel optimistic as to
 "As an iiinstration of the farmers opinion of the crop. we might mention that we find an unusual disposition on his part to contract for fall delivery. are of great inducement. 1t is only with the late improvement Tn condi. tions that the movement started. ana 1t will not be for want of his enorts. if he does not make the most of his crop
 Following are some opinions of the New York cotton houses:
 ''The position of the market is all the stronger now and unless real rain falls in Texas we may look for higher
 we strongly advise the purchase of contracts on any further declina
 ent levels should be embraced to in- crease long lines:"
 Unless conditions change radically for the better In the West, we believe reaction will be temporary and short lived" CHICAGO GRAIN AND PROVISION.
 Chicago. July 14.-Wheat for July delivery advanced today to Sl ;27 per son and gain of T cents over the pre- vious close. The more distant deliv- cries were bullishly affected by the unusual strength of the current month prices were 7-8 to 5-s to 6 3-4 above yesterdays final figures. The strength of wheat had comparatively little ef- feet on corn and oats. the former closing easy and the latter steady. Pro- visions were strong.
 The sensational advance in the July delivery kept the wheat pit in fer ment of excitement throughout the en: amount of trading in that option was not large. Shorts were exceedingly urgent In their demand for July wheat but offerings at no time were liberal The demand was based on weather conditions in this country.
 Rains were reported in Kansas and Nebraska which will cause additional delay to harvesting and the ofiicial forecast predicted showers and thunder storms generally over a large section of the wheat growing States of the country. This will further retard the movement of the new crop. At the same time many reports were received from points In Illinois, Kentucky and Tennessee. claiming that wheat in shocks was sprouting as q result of wet weather.
 The market opened strong with prices IA to I1-S higher. July being at 12o 7-S to ~121 1-2. Within the first half hour the price had been forced up to 124 1-4 by leaps of 1-4 to 1 cent: the leading longs seemed to have wheat for sale and as result the price re- ceded about 1 cent: Sentiment in the pit was extremely bullish all day and shot upward and failed to stop until 1t had touched 127. The market closed excited and strong with prices almost at ss,na the top finsl 9u0tstiOns on July
 An advance of more than 1 cent in the price of the July delivery was the feature of trading in the corn pit. The upturn was due to persistent buying tional bulge in July wheat had com mercial effect during the last of the session. The market early in the day was yss.s inclined ,V, to be weak because of nand Tor the cash grain. Realizing by local holders caused reaction late In the day and at the close prices were l-S higher to 1-4 lower compared with the previous close. The 7-cent jump In July wheat detracted from activity In the oats market, trading being duil nearly all day. The market was in ;iined to be weak throughout the en. ire session owing to continued unfa- vorable reports regarding the new crop. Prices at the close were i-s lower to 1-S to 1-4 higher than the hnal figures of the previous day. Pro- visions were strong all day because of extremely light receipts of live hogs at All western packing centers The shortage of hogs was 31. 900 head com. pared with the corresponding day a year ago. At the close prices were than yesterdays close,
 The leading futuren eop thn S.. .~n Ae followas @@s~ WSe. Open. High. Low ciess July .. 1.2o% l.27 1.2o% 1.2sE Sept. .11b 1.12N 1.1lk il2E zee. Cec. .' 1.09h 1.09% 1.OSN I09% hay 1.ll& 1.12K 1oIS