The Montgomery advertiser., 1909-08-23
COTTON SOLD FOR DELIVERY Farmers Protect Against
 Future. GOOD PRICES ARE SECURED Interior Markets Report 100000 Bales Turned Loose. Pat week Did Net Brinx GseA weather and Crop wnr Be short. Ticking season h Now
 At Hand.
GOOD PRICES ARE SECURED

Reports received by The Advertiser from tho important interior cotton mar kets of Alabama. indicate that at least 100000 bales Of cotton have been sold by farmers for future delivery at prices ranging from 10 cents to IF Ia cents.
 While definite figures are not avail able, sufficient information is at hand to indicate that the growers are scll- ing considerable cotton against lower prices when the movement of the pres ent crop begins.
 These reports of sales for future de- livery come from Montgomery. Selma. Eufauia. Troy. Athens. Anniston. De- mopolis. Greensboro and other markets in the cotton growing sectiSn of the State.
 The past week has not brought fa- vorable weather for the growing plant and although the picking season Is near ct hand. 1t is still believed that tho crop will not yield mora than ss per cent of the average.
 MONTGOMEhxs
 If there had not been some improve ment In the plant during the past three weeks. we would not have had any crop at all"
 This was the expression used by one of Montgomery couuty's prominent planters yesterday. No doubt there has been some Improvement. although slight in some cases: yet despite all complaints. the county will make . flair crop.
 This year. of course. has been a bad crop year. Cotton is dry weather plant and most planters say they have { had too much rain, especially in the earlier part of the season. It has not been a cotton year at any stage of the game. No two planters of the county have the same kind of @ crop. Some crops are good, some are favorable while others are bad. Consequently, the opinions as to the outlook differ at this time.
 some planters. who did not have as much rainfall as others on account of the local showers. and who works ed their crops fast, giving 1t the needful cultivation. have a good crop. They have no complaints to offer. notwith- standing the fact that they are usual " pesstmistic. They have no com plaints of shedding or of damage done
 
 man put it yesterday, 'the cotton crop looks as well as 1t could at this time.'
 Other planters, who got . bad start with their crop, with their fields filling up with grass, and who were slow In working out the crop. have 8 differ ent opinion as to the outlook. Some complain that the heat the past few days has caused the bolls to open pre- maturely. Yet the hottest it has been fn this section was 9S degrees. Others complain of the plant shedding, but all cotton when fruiting heavily. Is bound To shed.
 From some parts of Montgomery County all reports are bad. If 1t rains, 1t Is unfavorable. the crop cannot be worked and the grass has crowded out the cotton. Then 1t becomes too hot. which is bad. The plant begins 70 shed or Is scorched and the bolls open prematurely. So 1t goes, each planter with his own views and his own complaints.
 As a general rule. the bol1s are be- ginning to open. and although prema- tureiy or not, they are full. Many of fhe local planters reported yesterday that they would begin to pick this week and that they expected to bring cotton into the city from now on. The new crop movement has begun and 1t now remains to be seen what kind of . crop Montgomery County will make.
 This years crop, on account of the many vicissitudes encountered, has been the most expensive crop, the hardest crop to work. and has cost more labor than any other crop for several years. Alabama made an excel lent crop in 1908. but the general opin- ions are that this years yield will not come up to that of Inst years.
 With this end In view. many of the planters and farmers of the Montgom- cry district have already made forward saies on their crops. They have sold their cotton, the run of the picking for October delivery. at from 10 1-2 to IF IA cents. Most of the sales for future deliveries were made earlier in the season: still many contracts of this kind have been made within the last few weeks.
 Several of the local shippers and warehousemen have contracted with the planters for future deliveries on their crop at certain prices. according to the market levels at the time the contracts were made. It Is estimated that from this territory about 12,000 to 15.0O0 bales have already been con- tracted for delivery in October at from 10 1-2 to 12 1-4 cents.
 ANNTsTON.
 Anniston. Aug. 22.-.Special. )-There has been an unusually small amount of cotton sold on the Anniston mar ket for future delivery. according to statements gathered from Anniston dealers. The reason for this Is said