The Montgomery advertiser., 1909-12-05

=-===----= -=---=- if the mills were running full time in stead of four days week..
 local merchant-planter said Sat urday:
 The Struggle between the farmer and the merchant on one side, and the spinner on the other, is about to be ended The advantage Is evidently on the side of the farmer as the spinner pIenish his depleted stock of cotton. It was u question of endurance and the holder of the staple won. leading English statesman has sounded a note of warning on the difficulties which are besetttng the Lancashire district. the largest spinning center in the world. He realizes this years short age and predicts the time approaching when the United States will require her homegrown crop for home consump- ton. He warns the British spinner to look to other lands for his supply"
 A portion of New Orleans market letter said:
 We estimate next weeks movement to market at about 350.000 bales against 543.269 last year and 462.775 in 1s07 Southern spot markets are rul- ing firner. higher in some instances, as result of an increased demand for the staple. Up to last Friday sptnners of the world had taken 3.254.000 bales of American, which represents about fourteen weeks supply on the basis of the present curtailmeut. half of this cotton is already consumed, and as the mills are doing away with about 243.- 900 bales per sweek against 253.O00 per week last season. they will be obliged to buy"
 Following is the official bale weight statement:
 Average weight ose of third month this year. 517.35 pounds; last year, Ac. Olr .nf
 Texas, 519.42;, last year, 53767
 Louisiana, 512.50; last year. 523.26.
 Alabama, 515.82; last year, 525.I7.
 soStS eofsia; a5dins SaH5s as ast ayyanst ysar aie
 North Carolina, 499 against 507.
 Virginia. etc. 500 against 490.
 Tennessee, 51416 against 524.30.
 NeweYork wired:
 "Cocke returned from two weeks trip in Texas. He says absolutely no weak cotton in Teyas. Largest insu- rance firms In State say less cotton in surance at present time than in any year in past ten years Fields practf- eally bare except some scrapping. West of Temple in Ballinger territory, weevils propagated rapidly and fields badly infected. Largest small grain acreage in years. Much cotton sold vet to be called"
 i Following are some opinions from ] New York cotton firms:
 1 Argo, Jester & Co.-"A further ad- vance to new high levels Is very prob able without further delay"
 Miller & co..-"There can be no | question that the markets technical position has been greatly strengthen ed and we expect a further improve ment after next weeks reports are out of the way"
 Crusel & Flinn-"We look for high | CT prices when spots begin tc show signs of exhaustion, but in the mean | on bulges with the view of replacing on cheaper basis"
 Following is 9: copy of a market let ter mailed by H. & B. Beer, cotton merchants of New Orleans. to their correspondents:
 There was an all around better tone to the market today. due to more bullish advices from Liverpool regarding the shortage of the Egyp- tian crop and the smallness of the | American movement attracting atten- tion. Liverpool was only due shade i higher, final prices show an improve ment of seven points on futures and | ten points on spots, sales of the latter 1 figuring 5000 bales. Receipts at all ports today were 1S.945 bales, last 1 year 67,S16. since Friday 1S9.S93 com- pared with 394.20S. The amount mar l ketGd during LHS month NON6llptf was 1,941.139 bales. last year 2.595.e97, year before last I,930,193. since Sep temher l 5,602,341 againstt 6,346,7Os and 4.619.S27. Estimated receipts for New Orleans and Galveston tomorrow, l combined, total only 14,300 to II, 7,300 compared with 3G.0SG one year ago The quantity of cotton to be reported marketed this week points to about | 36O, ,O00 bales against 6O6.O0O one year age and 463,0OO year before last There | anipAr in cotton in the interior and at principal trading | points.
 '.The Mississippi State crop of about 3,000 bales was sold for To cents there was more inquiry here and Memphis reported moro business doing than for some time. and. as general rule spots were somewhat higher te buy. There was a further advance In English eonsols today up one-ha'i point which was favorable insofar as l English internal troubles are concern ed. The many reports coming In as regards light weight bales is attrac- l ting considerable attention, as 1t Is | argued that when the government or l hcials make their deductions on which they are to base their estimate Of this crop, the number of pounds produced On the reduced acreage. which IS [" ne divided in bales of 500 pounds gross weight, will not be as large as the ! pubItc expects and the figures to be i promulgated as the probable size nt this years growth, exclusive of lin- ters. etc. will be smaller than gener' ally look ed for.
 Be this as 1t may, the fact remains that receipts are unusually light fot this time of the year, and from many sections of the belt are received ad- vices to the effect that gins have clos ed down for the season. and from other districts that the crop is all but in. Exports continue on a libera scale, and as arrivals to market have been smaller than shipments to Flu rope up to yesterday of this week stocks are gradually shrinking, about i 260. GOO less than last year and dowr to about the same two years ago.
 '"rhe weather has been more or les! favorable during November. and there were no obstacles in the way to pre- vent the movement from being large except the lack of an urgent spot de mand. which. probably, Is responsib i in a measure for the small arrivals Is l Tut a good deal of the loss can b' credited to stocks nearing eXhaus l ton"
 SELMA COTTON MARKST. Selma Dec 4.-tS cial) )-The price Q spot cotton was quoted in the local marke today as follows: