The Montgomery advertiser., 1909-07-27
COTTON GOSSIP.

The local market was very quiet yestsr-
Only twelve bales were offered. but this
was not released owing to the high figure
wanted by the holder. -,
..1 The market advanced few points yss-
The cotton market Will no doubt be nsrv-
psnans ss
report due next Monday.
was due to several Of these private buiiish
reports.
Cloudy. unsettled weather has settled
down over most OF the belt and indications
point to showers everywhere.
This local section certainly would apprs-
ciate some rainfall this week.
Private reports from Texas said that they
had not had enough rain where Il was
needed.
Complaints are also coming In OF the vice.
Mobile announces the plus correction In
stock since September OF 4,o64 bales.
The journal of Commerce issued q very
builish report yesterday on the crop con-
~'~-~-~ - ~~-~
Texas temperatures also rose considerably
yesterday.
Tho market appears to be In q sold out
condition.
Liverpool appeared to be affected by bet
Use Of early cotton from Georgia, and II lost
twelve points.
One cable said. EMO backbone"
"A party travelling in Georgia states that
some early cotton can be expected from that
Ennis. Texas wires. Showers caused
sheddins. Must have general rains TO make
neif crop. 9.
The crop summaries for the past week
have been favorable. ~
favorable. but ali the planters I say that they
must have rain this week.
New York wires Cotton opened four to
another seven to eight points on room SELL
ing and q soft Liverpool market AT II 81
r ro "a cars local traders We're short and
that Borden had advanced print cloths half
cent. While there was only a part Of read
between cloths and spot cotton. Il hsS nv
eject Of raRying prices In . sold out market
so 80 that auotations at midday were about
or map was mostly cloudy with so precip-
itatiOn recorded at Amarillo. Texas."
Another wire from New York reads,
Following the rather easy Disappointing
cables this morning. the local crowd seemed
disposed to sell the market. but following
the first hour bullish news Of n substan
nature coming in seemed to change senti-
ment and covering soon advanced prices
Price issued exhaustive report in which
he puts the average condition at es as com-
pared wi, with hs Jun. figures q 5sl per cent
who have been sensationaily accurate In
forecasting the Government figures Will In.
sue report that will show deterioration.
It Is limited that the figures indicated win
De extremely buliish. though nothing H. CIV
en- Even out at this time The report WIN be
night and will be made up from reports OF
an average date of tho 26th instant. From
ceived daily the situation is growing more
bullish and the chances OF a decline will
grow less with every prospect Of a decided
advance before next, Monday"
The Journal of Commerce says the follow
ing about the crop condition In the Caro-
Special correspondence to The Jour
nal Of Commerce says rainfall very unevenly
being excessive in some sections and caus-
ing much damage.
Some fields are still grassy and cotton
in some places has been drowned Tho
weed is small with Indifferent stands and
fruiting only fairly well. Under late favora-
BILE weather. marked Improvement 10 shown
but rains have been frequent and heavy
that condition better than last month 10
doubtful Later returns may show q brighter
outlook, but thus far correspondent reports
reflects unsatisfactory conditions. The
crop is two weeks late.
Conditions in South Carolina during the
month were somewhat. spotty. but on the
whole the crop shows Improvement over last
month: 1t is doubtful whether it can COM
pare favorably with last year, for many
sections have not yet had the relief from
rains which could allow of sufficient eulti-
walton. 1t is in these districts that many
farmers are still in grass and cultivation
retarded. Very favorable weather has great
ly improved prospects in many other dis
tricts and although the plant 10 small, It
is strong and healthy with fair stand and
generally fruiting we'll Dry weather in the
saturated sections will materially help pros
poets and could quickly raise expectations
equal to last years, no insects are reported,
and the season Is ten days to two weeks
late
CONDITION OF THE TREASURY.
Washington. July 2s.-The condition OF
ut he aR hssaN