The Montgomery advertiser., 1909-08-27
COTTON GOSSIP.

OOIIVN 6OSo4xs
 leased yesterday in the local market for IF cents
 All the local warehouses are report ing the receipt every day now of ia | few new bales.
 After an advance during the first | few hours the cotton market ruled dull and eased off toward its close.
 It closed about six points under Wednesdays closing figures Liverpool again showed large spots sales yesterday of 10000 bales. The quotations too were five points high l Some complaints are heard about de- | terioration
 The cotton market took this into consideration yesterday, which helped
 The weather condition continue1 l favorable.
 | West with generally fair weather throughout the balance of the belt.
 The temper of the market is still 
 A report yesterday said raining at Baton Rouge.
 authority says that rain would not hurt the Texas crop, but it would do no good as it is too late.'
 New Orleans wires: "A travelling party returning from the Eastern part of the belt says that people do not re- aliZe the deterioration going on In that section.
 Dallas wires: Reports of 300 cor l respondents to wholesale houses here | indicates the crop will be about AZ per cent. of last year. Weather clear and | hot"
 Pine Bluff, Ark, wires: Numerous | complaints are heard or the sharp shooter boil worm getting what the drouth left
 "Rome, Ga, wires: "One of the lar gest planters in this section says much damage last week; ,hf Iui1y St, Sv PCT een.; eye1 good sized bolls deterioratlng. North Georgia something astounding"
 A party traveling at Fort Smith. Ark: says: "Oklahoma to here very spotted 10 very poor. Fairly good around Shawnee fvr few miles. East Oklaho- ma and West Arkansas as a whole very poor, shed heavily. opening pre- maiureIy West Arkansas to here ex- tremely poor. no rain yet. Light scat | tered showers of no importance part cloudy, threatentnY.
 New York wires: Bad reports are coming to us from all sections of Att Iantic States and particularly Alabama. Georgia and South Carolina, although best prospects were earlier described. | The market Is under the influence of bad reports reaching here almost every hour and the anticipation of a very low condition report by, the ,govern- ment. September Z, possibly under 66.
 "Spinners are not buyInY yet, and the question Is when will they start, or at this markets 4lnd establish a higher bAs- Is of valur. Certainly the outlook Is favorable to higher prires now. while the bears claim excessive heat has | rush movement will be against prIces holding. This Is prodt nocfmwypcmf the public pi gre are awaiti99g BE- information great damage and deterioration during 1 the last ten days. In the meantime, the bears seem afraid to do any sell | ing while the bulls hesitate to take any aggressive action In forcing prices higher.
 The first reports of The Journal of Commerce describe decidedly bulllsh
 It is rumored that the National Gin l ners forecasts condition under 66 i This would be ample Justification for an advance and the establishment of basis Of new high value | Following Is an advanced report of l The Journal of Commerce on the crop condition in Alabama and Georgia 1 Need of rain is reported in many sec tions. but frequent showers in wide ly scattered districts have proved ben efcial. Precipitation was excessive in many places, resulting in considerable shedding and rust. The stalk Is gen. orally of good size and well fruited and 1 picking will be fairly started by Sep | tember to 10.
 Alabama Preliminary reports, as in ration. The crop. however. Is very spotted The plant is generally large and vigorous, but nearly all core Rainfall was excessive in some portions and deficient in others; Drouth and | hot winds with a sprinkling of show CTS caused considerable shedding but insects are giving no trouble with the 1 exception or few boil worms. The season in many districts is two to three