The Montgomery advertiser., 1909-09-14
"A MARKET SAG
 IS RECORDED Buyers and Sellers Are
 Apart. RECEIPTS UNUSUALLY LIGHT Outlook Is on Rebound Under
 Selling Pressure. z Geather Conditions staI Unsatisfnct- ..sry, But Radical Change is Antici- pated ia Next Few Days-New
 York Tips.

Receipts on the Square were unusu- ally light yesterday, amounting 10 only twenty rive bales, selling around F 1-8 cents. The receipts by rail amount < ed to about 200 bales. The buyers ana < sellers have not succeeded In gettlng q together yet, and no cotton was soiu. TWO hundred and nifty bales We're of X Tered tor sale.
 The proionged drought and excessive heat has caused the bolls 10 open premalureiy. Naturally, the cotton mas been marketed earlier and the heavy receipts are thus accounted for. The heavy receipts of the past few weeks are attributed also to tAe selling of spot cotton from 10 1-2 to IF cents for September and Octoper delivery.
 General belief is to the effect that the market will continue to sag while the receipts are so heavy, but the de- cllne Is considered only temporary. The present state of the market Justiiies the anxiety felt over the fluctuations, and the volume of business Is so lim- fLed that large orders either way may cause decided fluctuations.
 A wire from New York says: scalp CTS were heavy buyers up to the tlihe March sold or to iz:lS. when their nerve left them. Wall Street bought little cotton on the break, as did the mill interests. There was no doubt that the South was selling hedge in New York. An idea prevails that the New Orleans bull crowd has held good and will see the decline through. They keep the eoston on the long side Of IF ASatnsr ssnis, New Fork wire says. Con. ditions are just as bullish as ever, al. though the bears seems to have the hest of it. and work hard to depress the market They may succeed in send ing 1t down, but probably have gone as far as they dare"
 T. $. Bache gives out his opinion on the present decline: Il think that on this decline cotton can be safely \. 4..~l.% 4x,. the world. Consumption should nor mnlly increase and if the higher price prevents this, there VIII stin hard " be enough to go round. look for I6 cent cotton before the next crop"
 A threatened strike at the Fall River Yarn Works, Mills eliminated yester- day when the weavers walked out. previous wire said: This decline is simply a drive at the market on re- ports of threatened strike at Fal' River''
 October opened at 12:2o rise of unly one point and closed with de- cline of one point There was run Of eleven points between the high and the low of the day. December opened at 12.20 a decline of ten points and closed at the same price, There was run of eleven points between the high nnd the tow of the day.
 liverpool due six to eight points lower opened irregular eight to ten Pnints down. Spots fair business do- Ting nine points lower; middling 6.79.
 The weather map shows generally fair except. cloudy in South Atlantic States. Continues vry hot in Central and Western States. No rain of any consequence west of Mississippi. Seat tered snoygers, seasonable temperatures cast Of Louisiana, and some heavy rains In the Atlantic coast districts.
 Texas Is badly In need of rain, and a good soaking rain could still do some good toward saving the crops. Texas temperatures range from 7T to gs