The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1909-08-28
LOCAL WEEKLY COTTON STATEMENT
COTTON GOSSIP.

Two more Bales of new cotton were
sold yesterday In the local market for
II is cents.
the city now, and all of the local ware
houses are reporting the receipt or
few bales each day.
Some more new cotton was offered
yesterday. but NO trades were made.
All factors are taking more interest
IN the market now with the approach
ing new crop movement.
nine to twelve points yesterday above
Its close on Thursday evening.
Commission house buying and bullish
reports from the belt were tine causes,
Liverpool was about as expected yes
terday-
The decline OF crop prospects, and de-
terioration in the Eastern States ~
causing much concern.
BY Liverpoors large spot sales the
past few days II shows that cotton ~
In demand from all sides.
Texas receipts are at present said to
A deficiency OF sound lis spinners
cotton in the normal supply OF the crop
would prove to be q very bullisb
factor
Columbus, Ga. wires: Greatest de-
terioration ever known"
Yet some say that the Georgia crop
will be a bumper.
The reports from all over the cotton
belt are usually conflicting and exag-
gerated.
Tupelo, Miss. says: crop in North
Mississippi deterorating fast. Hot. dry
weather causing shedding to squares
and bolls.
Anderson. s. c.. wires: "Drquth will
cost cotton ginners dearly"
San Antonio, advises: "In the way OF
information may say that the crop in
this section has deteriorated material
~ In the last fifteen days on account of
hot and dry weather. Rain now would
do more harm than GOOD"
Texas did not receive any rain yes
terday. Generally fair weather exist
ed over most OF the belt.
The Journal of Commerce special re-
port on the Carolinas was quite favor.
able.
Dallas wires: Generally clear and
warm in Texas and Oklahoma"
cable from Liverpool read: SPIN
ners talking Of resuming full time.
China also a good buyer"
Liverpool cabled again: Manchester
active on demand from Calcutta"
Little Rock wires: From here to
Fort Smith, Ozark and Russellville,
along the Arkansas river, there is the
poorest crop this section has ever seen.
Plant yellow, will shed everything ex-
cept bolls which are opening prema-
turely."
From the majority of the reports II
would seem that there would not be
any cotton crop at all.
One report says that the prospective
yield from counties reporting would
be S1531O0 bales. In 1908 these coun-
ties produced 1o.Sl70OO bales.
New Orleans wires: Reliable reports
from the Eastern belt indicate serious
deterioration going on. Conditions in
west disastrous. Present outlook most
serious shortage on supplies for TWEEN
ty years Irrespective OF temporary
fluctuations, we believe cotton will ad-
vance to extreme levels. We advise
buying"
Following is The Journal Of Com
merce report on the crop condition in
the Carolinas:
North Carolina-Reports OF i'm
prnvement over last month are almost
universal Light and sandy lands Offer
a rather poor prospect. but elsewhere
under favorable weather conditions sat
lsfactory and in number OF sections
Improvement has been marked. The
plant is large and strong and a full
August Is usually a month OF shed
ding, but this year It is very slight
The season Is about two weeks late
and picking will not be general before
September Is. With a continuance III
present weather a large crop Is looked
for. No trouble from insects is re-
corded.
south Carolina-Many sections snow
decided Improvement since last month
but the need Of rain Is becoming ur-
/ ~