The Montgomery advertiser., 1909-08-31

tation elSeWnere or any peneHt Gen- orally fair weather prevailed through out the balance of the belt The in- dications are for continued fair wealth CT in the West, while rain is predicted for the Central and Eastern States.
 COTTON GOSSIP,
 The local market opened the week with a sale of six bales of the new crop.
 The new cotton Is expected to move faster toward the end of the week.
 All the local warehouses had g few small lots offering.
 The prices for some lots were deem- ed too high by the shippers and no trades were made.
 The prevailing price for the new sta- pie ranges about IF If cents.
 The cotton market ruled firm and steady yesterday.
 Although prices were a few points off on opening. the market closed at from 3 to ' points above Saturdays closing figures.
 All months except october closed above 12.50.
 
 Liverpool advanced some yesterday. and showed some heaviness during the day.
 All the crop advices were bullish.
 Reports are coming in from all sides of deterioration. especially from the Atlantic States.
 The hot winds and dry weather has about ruined the upland cotton.
 one of the local cotton men reports the deterioration as very deplorable.
 The weather map was unfavorable yesterday.
 No rain in the belt except along the Atlantic coast.
 Indications are for rain throughout this section.
 The most important item of news in the market yesterday was the report of The Journal of Commerce on the ed the situation as very disastrous. Their report on Tennessee was also un- favorable.
 The September government condition report will be issued Saturday.
 number of private reports forecast ing the government figures will be is- sued during the next three days.
 Liverpool will stay open until 6 o'clock on Thursday on account of the Issuance of the government report on that day.
 Spartanburg, S. C., says: Govern ment records show 101 degrees here on Sunday"
 Rome, Ga, wires: Some reliable planters describe the damage in this section during the past five days as fierce. Some say the cotton has been cut half in two, with the fruit dead or dropping off"
 Spinners are said to be fighting the advance. and are in position to hold out for sometime yet.
 Silver in London is advancing stead fly. The report Is that this viii heIp Manchester in the Oriental trade
 Tupelo, Miss, says: Crop in this ated sadly the past three weeks, she'd ding squares and half-grown bolls The bright promises of a month ago have disappeared"
 Meridian, Miss, advises: Crop con- ditions throughout this section not so promising as two weeks ago. Unless we get rain soon, deterioration will he shedding already.
 A party at Paris. Tex. writes: Just returned from trip through Delta and bad shape. All cotton has opened on account of hot winds that hit Texas about ten days ago, and from what can learn from the most conservative farmers, 1t will take from three to ten acres to make a bale. Of course the black land Is some better than the would say bale to every i've acres. I noticed several gins busy ginning cot ton, and farmers seem to be in. clined to hold their cotton for higher
 Lots of cotton baled and laying around in the farmers yards"
 Following are some opinions of some New York cotton houses:
 "On all decided breaks we still ad. vise buying"
 We still favor the constructive side and advise buying on all recessions"
 "our advice Is to adhere to the buu side of the market"
 "we continue of the opinion that cot. ton must sell at much higher prices porary set-backs. On such declines 1t should be bought"
 New York wires: "The news from houses in New York Is ninety-ive per cent bullish. Letters and telegrams from reliable sources in the eastern portion. particularly in Alabama. Geor- Fia. South Carolina and Tennessee. de- scribe almost unprecedented deterior- ation from excessively high tempera- lures and hot winds during the past ten days
 ''This taken in connection with the bNd reports that come from Arkansas Oklahoma Texas Louisiana and Mis- sissippi. there ls a general disposition 1O.5O0, ,000 to 11.25O. 900. During the week there will be several private re- ports from statisticians. and if they hear out the news that has already VI rt,o o htarta sa 'iS soEesn, .,Il,