The Montgomery advertiser., 1909-08-06
COTTON GOSSIP.

8
There was nothing doing In the To-
cal market yesterday.
None of the staple left In the market
was offered and consequently no trades
were made.
Liverpool showed some resistance
were satisfactory. .A
On this encouragement the cotton
market opened steady.
After q fluctuation all day 1t ruled
firm at the close at a two to four
points advance
Bull speculation has been hesitating
on account of the certainty with which
the producers can now Judge their
Weld.
The bear pressure was less noticea-
BILE yesterday In the market.
Local planters say that the present
weather is ideal cotton weather.
Some planters are already displaying
open bolls.
Some reports from Arkansas, Mis-
stssippi and the Atlantics are COM
planning that the cotton is shedding
from too much rain.
Then again reports say that Mis-
sissippi Is badly in need Of moisture.
Some authorities think that the crop
is not as bad as the different reports
make it out to be.
Another report says that ex-Gover-
nor Vardaman, who has been lecturing
In ri hQ a nj
such disaster and that Texas will not
make 100000 bales.
This state usually makes 1900. 900
bales.
Natchez, Miss. writes, "Weevil pest
not much in evidence. 1t is now be-
lieved that barring an unusual, good
crop Is assured"
Heretofore serious complaints have
been coming out of this section con-
corning crop damage and bad pros
poets.
Memphis wires, "A travelling man In
Texas just wired from Hillsboro that
he had been out in the country and
there the best posted men say that 1t
will take five or ten acres to make a
bale"
Cables yesterday showed more trade
demand and stated that they expected
recovery.
Dallas wires, "All sections report
quarter to half grown bolls opening
with staple punk. Weather still clear
and hot"
New York wires THE situation IL
not less bullish than it has been for
days and weeks past. Cotton has de-
Perforated. trade has improvedS not
withstanding the much talked of shut
ting down in Europe Weather condi-
| lions in Texas, Arkansas and Okla
homa are described as critical, high
temperature. Hot winds are against
the growing and maturing of the
plant.
Bear in mind the government con-
dition report August End Is more than
three points under the report of two
years ago, which indicated crop OF
II, SOC; oeS, We are re- very euiiisa' but
porary decline from bear raids and
manipulation. but we believe In higher
prices for the near future before the
movement of cotton becomes a factor
with the summary observer of the
crop from Mississippi to the Allan
tics:
Alabama-NOrthern part good; cen
district; eastern good; western still
late and generally poor bordering
along the MISSISSIPPI line.
Southern portion fine--as q whole
clean, well worked, well fertiliZed ant
fruiting well.
Georgia-Except a limited area II
extreme north, where crop Is sinai
and late. Georgia has as good out
look as at any time In years. 1 thina
De'tsr as a wn~.m@han some GATE lasi
year.
Carolinasl-Both Carolinas have ex-
cellent crops and particularly good IN
southern portion, where crops Were
poor last year.
ssissippi-MIssissipp crop Is still
spotted to poor. though 1t shows muef
Ing been generally worked out, ant
good rains have fallen over large
areas, but as a whole Its poor crop
am at a loss to understand the
bureau report from the Atlantics after
all it's simply difference In the point
of view.
1t would be we'll to watch the
weather condition of those states dur
ing August, as that is the Atlantics
most critical month. The plant Ii
green. healthy. vigorous, and fruiting
we'll having been amply supplied with
ceptible to damage from a dry. hot
/ leave for Texas tomorrow. and will
spend entire month of August II
Texas, Oklahoma and Arkansas IL
my last report from Texas / called
needed a good general soaking rain
which she has not had excepting il
scattered localities and assume tina
conditions must have deterioTateC
greatly in those sections where M
rain has occurred.
GRAIN AND PROVISIONS