The Montgomery advertiser., 1909-09-23


 May .. .' ... -, .. : ii.ic is. ieiasi is isSs Ss July ' " " Ss Ss is ss Ss Ss
 NEW YORK COTTON.
 New York. Sept. 22.--The cotton market was very nervous and irregular today re- iag ifleeting a disposition on the part of old reports from the storm area, and indica- tions as to ,iie further attitude of spot ouyers: Business was very active. and of feringa 50 wet. absorbed on a scale down that the final tendency of the market was upward and the close Was very steady at openns % %as steady tsi as ssn. ss 9ss point to an advance of seven points and dur ing the early trading prices sold 7Gps points heinz offset by rpeorsso f an advance in adyanee a in the price of print cloths at Fall River, continued storm damage re- tude of a big Chicago interest and a renew al of outside buying for long account There market approached the isc level however, and as local professionals believed the speculative demand stimulated by tsorm ton
 After easing off to a net decline of some about the best prices of the day 0 buil.sn spot news and persistent buying of October Sy one of the leading new Orleans traders whose purchases on that position for the day are estimated at fully 15,0o0 bales October was relatively firm in consequence of this the maximum gain at the close. Reports reaching the trade from the storm area ara somewhat conflicting. but generally indicate has now passed out of the belt its effect Is expected to show in the October condi- ton figures which will be published at .. Southern spot market were Xc lower to Nc higher with private wires, reporting a Receipts at thep orts today sS,0co bales against 2s,712 last week and ii,s5s last year For the weak 225.o00 bales against year. Futures opened and closed steady, ~---------7----------"- of TOO bales was received by both rail and wagon.
 The cotton market gained from six to hfteen points yesterday.
 November futures closed at 1s cents even.
 The first prices of the market were couple of points down.
 Liverpoors spot sales were 10000 bales 5000 of which was American cotton.
 Liverpooh cabled. Bulls taking stronger.
 Wires from many points in the Mis- sissippi state that the storm did con- corn.
 Lexington. Miss. wired: "The storm was of short duration. Some cotton was blown out, but hardly more than 2 per cent in this county"
 
 Vicksburg, Miss. says: Unable to get full particulars about the damage. but believe 1t severe in some sections The amount of the damage depends on the weather for the next two weeks as much of the cotton was blown flat"
 Laco City. Miss, writes: ''The strom was severe in this section, both wind and rain. Cotton in most places was laid flat on the ground and the dam age to the open cotton was very seri- ous."
 Monroe. La, writes: "The storm did 20 per cent damage to cotton. Pecans and acorns cover the ground. which threatening again today"
 Tupelo. Miss. says: High winds Monday night and Tuesday. A world of cotton on the ground. and if fol lowed by rain it will do considerable damage"
  amounted to 1s,4S5 bales with middling quoted at 12 3-4 cents.
 A wire from New York. says, that J. A. Patten is in the bull pool and talking 17-cent cotton.
 Memphis reported heavy rain throughout Mississippi and that Sec tion yesterday.
 The port receipts since September 1 have been 62.000 bales larger than last year, while the port stocks are 44,O00 bales smaller.
 Following are the opinions of some New York cotton houses:
 s. B. Chapin & Co. We continue to adhere to our bullish position on the
 Miller & Cove advise buying the market on all recessions especially the December option"
 purchase of contracts on all reces-
 Dick Bros. & C.-The mill inter to advance very rapidly to warrant paying the present prices for cotton.
 SELMA COTTON MARKET.
 Selma, Sept 2.-(Special) 1.-The price of spot cotton was quoted in the local market today as follows:
 Good middltng ..... .l2 B c Strict middling ......,.l2% c Strict middllng ..'. ..'' .'.'l2 < c Low niddlinS '..' '.'. '''' '''' '.'.ll S c
 LIVERPOOL COTTON.
 Liverpool. Sept. 22.-Closng: Cotton spot good business done; prices unchanged to ? points higher;
 American middllng fair .... .... - 60 Good middling .'.. .''. ....''1 3S Middling .... .... .... ......7. IF Low middling '''. '''' '''' ..''6' s4 Good ordinary '.'' ''......S . tS Ordinary. .... '.'. .b. $ which .O0Q were for speculation and export and included 11.100 American. Receipts were iO. 900 bales. including 100 American.
 Futures opened quiet and steady and closed quiet.
 September--October .... .... .... .6 .5 October-Noyember Q. .... ....6. 6l II Novcmber-December ...-6. i9H December-Januarv ''.. ..6 + February-March .... '.'' '..' '''.e'1H March--April .... .... '''. '''' ''e. " April-May ..'. '''. '''' ''''e " May-June '''' ''.' '''' '' '''' '' 90 70 |, Iunr-.Iuly .. .... .... U. ~ p July-AuBust .... ..''''''6-f''a 'a
 NEW YORK PRODUCE.
 New York. Sept 22-Butter firm, receipts 5.709. creamery specials Slc.
 Cheese steady; receipts 3,21l; skins. full 10 special d i3c.
 Esgs barely steady. receipts 1s,ts2: State p unsylvaria and nearby lennery brown fancy Sogssc; do. gathered brown &69