The Montgomery advertiser., 1909-09-04
NEW YORK COTTON REVIEW.

New York, Sept. .S--Aside from some irregularity. as q result of evening up tor over Labor Day, today's cotton tone, owing to the continued influence of yesterdays government report, talk of a better spot demand and New York bull support. the closing being firm at net advance of SQ12 points. The market opened steady at an ad- vance of 2Q7 points with the active months selling about 6 to ' points net higher during the early session, on was encouraged by the tirmness of ca bles, bullish private advices indi- cating uneasiness among foreign spin neds as the result of the low Septem- Der condition and reports of improving trade.
 un the advance the market met the same sort or pressure that was In evidence yesterday, and which seems to come from very strong local bear clique. This pressure, in connection with realizing for over the holidays. sent prices off to nearly the closing figures of yesterday during the middle of the morning, but the market devei- Oped renewed firmness in the latter trading on the larger sales reported in Southern spot markets and claims of more urgent demand from spinners.
 At the high point December con- of the best level touched yesterday That position closed at .5S, and the general list clsed within a point or two of the top. While the local and Saturday and Monday, Liverpool wili be open. and having recently shown a buliish tendency, apprehensions of higher cables at the re-opening on Tuesday, probably promoted local GOV ering In the late trading.
 Southern spot markets officially re ported early were unchanged to- i-s lower, Weather reports attracted no
 Receipts at the ports today 17.229 bales. against 10,245 last week and 1s, s49 last year. For the week, S0,00o bales against s4,7os last week and
 Today's receipts at New Orleans .7s bales. against AS last year; and at Houston 1850 bales. against 6,65S last year.
 SECRETARY TESTERS STATEMENT.
 New Orleans Sept. 3.-Secretary Hester's statement of the worlds visible supply of telegraphic advices compares the figures of this week with last week. last year and the week just closed of 45,45s, against a decrease of 19.04S last year and at decrease of i1sl65 year before last.
 s35.5e9 last week. 1,6s1.54s last year and 2.2l1.3 364 year before last Of this the total A%sriSs% fs.t SssS SG.t9n !: sds ssns l.2ss.sSs year before last, and of all other kinds, including Egypt Brazil India, etc. +S1. .000 against 490. 900 last week, f22,J46 last year and 922.975 year before last The total worlds visible supply of cotton as above shows a decrease compared with last week of 45.453. an increase compared with last year of 19S, 56T, and a decrease compared with year before last of 32124S. Of the worlds visible supply of cotton as above there is now afloat and held in Great Britain and continental Europe l. 1406- | 000 against 959,000 last year and IL 10, 900 | year before last; in Egypt 45.0OO. against | 60. 900 last year and 23. 900 year before last; | In India 174,000 against 3S4.0o0 last year | and 5O9000 year before last; and in the | United States 265 0O0 against 2SS, 900 last | year and 369,00 year before last. 1 CONDITION OF TREASURY Washington. Sept 3.-The condition of the treasury at the beginning of business today was follows: Trust fund:
 | Nolu coir '''' '''. $So9, ,779, ,S69 silver dollars .... .. 4S6.9l3, 900 Silver dollars of 1890 .. Ais 000 Silver certificates outstanding 4S6 e1 a nno General fund
 Standard silver dollars in gen-
 eral fund -. .... .... .... 4597 Current liabilities .... 102. .677. 800 Working balance in treasury of-
 l fices ...,........ 31,995, 916 | In banks to credit of treasurer
 1 of the United States .... .. 3s1l7391 l Subsidiary silver coin ........ 5.105. 500
 Minor coin 1,sS2.721
 Total balance in general fund SeS,32S05s