The Montgomery advertiser., 1909-02-13
NO MARKET CHANGE PRICE REMAINED AT sN CENTS ALL
 DAY, WITH NO SALES. Hannburr Conpany Send Tn Resume which speaks of Con.inued Dull
 Trade on the Cont

Good middiing. .... .. .... .. ..sMe strict middling .... ....s selsc s Strict id low midaiiins @ -. .... .....,sFe Low middiins .... .... co. ..sAe
 The condition of the local cotton market did not change either way yesterday. large iy because the New York Exchange was closed for the holiday The price remained sndrsi
 In GaivestoH and Houston there were also trsmsiy sss' daii na market. Everywhere in the sGSsf Future. ~il n New p'"F oFSlssas So not show
 ys s. s one S s ss.ns 1s's that P16 sIonai aid viii again be extended to the fu- tsres market as saon as the spot p,, news ,In. .hs of the leading professional interests. princi- n Msm ps nsSn aarns ,e DssS Season 5
 srn states ali through Thursday night and SsSsy tods1 s tas g s well ' to bear.s comments one bullIsh firm in New Orleans. .In mind that the buiiish in dica- sS pns on an the ne propsbility of too much rain during the spring and summer and selling on rains now would appear pars69alca,. a,ae s,.,,.. ton on the continent from Panekow and
 aslne. Is our iass market market i11i review of tn. s2nd instant. the cotton trade of the conti- nent continued very dull. spInners ana parity of raw cotton and yarn and cloth prices. Private negotiations are pending or running short time and maybe t these T negS. sss. so the discretion of the indiyiauai mill owners. in order not to kill entirely the demand for % sUSs sss. FSsds Ss . s0T @ | prices, seems now already to belong to the i past, after having eIicitsd whatever sleep s ana .SS baa.ss Ssrs ~ss ss Oa s s ho cotton. We may state from our own ex- perience that t was extremely difficult to I sell out the December purchases of distress cotton at anything like deoeut profit on | the basis ana most dealers seem now neay-
 ns ss sSsss O sAas 1ns apot ss very ys which seem to have interfered with the marketing of the cotton in the South,
 Manchsster just reports the failure oe one goods to the chins market with liabilities % we S nave now ssy;s passea i've months of the new season and f may be ef--as ls said and repeatedanasns,g I ss seevs sc,ssa AhJg tabls | of the results up to date and the prospect,, I for the ensuing seven months of the actual Sssion sasiS of 1s.soc. .ooo bales. % actual crop: | Total supply of American cotton,
 1s0s-0e minimum -. s,oOo.VOO | Total demsnd including normal re-
 serve stocks of raw cotton yarn .on ooo
 and cloths at mills ... .... III, sOO,oVO Thsrefors Ovsr-supply visible and ..o ooo invisible. minimum ...s ... o,S0V,VOV
 we 's. are called aii sorts of names for these | statistics, but we now come to the sS '- statistics that we have to expect on August A .yisiSie isES; minimum supply. .... s.4OO,OOO Besides invisible reserve stocks ok
 tSs mlils of ........ . ~ ..... s.Ooo, 900 Total over-supply. visible and in-
 TSs Thew viaiSie supply may of course be rel tySy STsr and Js tss Tsrsa but hs total | will be about the same. via: corresponding about exactly to our December estimates; | There are some factors liable to reduce and others to incrsase these figures. which, of | couse, cannot be roughly estimated JnAt now. Though in our opinion tns aonow.hs .S | over-suppIy, we may just es we'll grant. | that the increasing and reducing factors will 1oniyn SousSiS five 'H to Tive five and ons-haif million | bales will satisfy even those reQuirements | for the coming season of ises-lo who may reduced and . cotton crop of oerssly ie'ooO.- 900 bales may be expected for 1sos-io.
 WEEKLY LOCAL COTTON STATEMENT. stock on hand Sept. i a,soa Received past week .s.... hsI .e... Received previously .''.. .I4'.ee'-- lSs,o4S shipped past week ....... 2.oss ... skipped previously =. ..lls.oss- la..o1- Stock on hand Thursday night,
 stock S4 on hand hand corresponding day =. Received corresponding week last .., rStsi yssr r:c:ivt. to c;orrespondinG week last year .... s... .''.asS.sSs | Price Feb< IS, 1e0s.... ..ss s''.@d hc | Price Feb. 12, 1e09.s.. ..'' s' SDc
 SELMA COTTON MARKET.
 Selma, Feb 12.--(speciall l-The price oi spot cotton was quoted in the local market today as follows: .. Good middling s.se ssss "''s .'''Ss,@y y | Strict midoling ssse s'ss ssss ''g 5Se | Middling ssss ss'' s''FS Es Strict low ntddling 's'' '.s Se WEEKLY INTERIOR COTTON TOWNS. ] New York. Feb. 12. 1908.
 Re- lship-ls -lsales stock
 Iceiptslmentsl