The Montgomery advertiser., 1909-06-05
Seems to be nearly a stand OF.

Some, however. considered 1t bull
ish.
Seems to be nearly a stand or
A prominent local shipper said yes
terday that he had seen the same con-
ditions existing before on account of
so much rain and that white farmers
who worked diligently and tended to
their crops themselves had made good
crops, while negro planters were I'M
successful.
Fort Worth. Texas wires: "still
very dry, no indication of rain. Con-
ditions bad" =
Local planters wish that Fort
worth had some of the rains falling
in this section.
Selma reported 1T rain hard there
yesterday.
reliable planter near Montgomery
was in the city yesterday looking for
cotton seed to replant, as be said that
almost three-fourths of his plantation
was flooded from feather edge" deep
~ some ne. places to others where one
ther that 1t might run off in a days
time provided no more rain fell.
A report from New Orleans yester-
Jay said storming and raining Ghard
A prominent local cotton man stat
ed yesterday that this is a year when
skilled farmer has his inning for Me
grass IS oYertaking the cotton and a
good attentive farmer can cope with II
under any circumstances
continuing he said there is still a
chance In spite of the heavy rains for
farmers to make good crops. for intel
ligent, energetic work, as chonninp
ihoeing and blowing will get rid Of the
grass and give the cotton a chance.
But he continued by stating that the
farmer who lags will make a poor
crop crop while he who win push work
big crop and fun prices
Following is a wire from New York:
Government report, while as high
as expected. when taken in connection
with the reduction of 4.4 per cent in
acreage, is not bearfsh and while mar
ket may have a temporary setback.
we look for a good advance in the flu
ture and favor buying on declines"
from several prominent cotton centers:
Greensboro. cloudy, warm, heavy rain
last night: Charlotte. raining, rained
all night; Greenyille, S. c., clearing
warm. rained yesterday afternoon and
all night; Augusta, rainAd all night
now cloudy and drizZling; Norfolk
raining. rained all night; Dallas, clear.
clear, 10; Houston, clear, "a; Taylor,
cloudy, 70; Wichita Falls, clear, "A
showers last night; rest of Texas and
Oklahoma clear, moderate tempera-
lures.
\, Following is another wire from
Cotton men are centering in New
predicting most sensational market
this summer. Some of them say that
the battles that have been fought
across the pit of the local exchange in
the day of Daniel ]. Sully and other
market leaders in cotton history are
to be outdone by that to be waged
before the bulls on this years crop get
through fghting
and Liverpool has been in New York
highest spot interest In the market
and is watching every move made in
Fergus Reid of Norfolk was on the
floor today in close consultation with
his New York associates. He is one
OF the biggest and most successful
with the cleverest people in New York
and Liverpool in straddles between the
two markets. He is reputed to have
made large fortune in one season
ences between the two markets.
, Both William P. Brown and Frank
B. Hayne of New orleans appeared on
the floor OF the exchange today. Mr.
Brown and Mr.. Hayne came to New
York once before and took charge of
the bull side of the market; that year
Is still called the Brown-Hayne year
in cotton circles. Their campaign was
carried from old crop months into
new-the Brown Hayne combination
carried over all the cotton that could
be brought to New York, and wound
I'D its campaign successfully.
with Brown and Hayne from new
Orleans came E G. Scales. A cotton
man just returning from the South
west said today:
TN the Southwest 3 found more
people talking about Scales than any
other man in the market. Mr.. scales
IS a follower of Patten of Chicago, and
has more than once made Sensational
winnings in wheat and cotton he !,
said to have made more than $l'00O' OOt
this spring in the two markets. oelns
a bull in both. 49,, ..,
-. n. Carpenter of Natchez. Miss;
was another of the big cotton men OF
the south who reached New York this
week. Mr.. Carpenter spends por-
ton OF his time here, but he has hser