The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1910-05-20
Daily Cotton Movement

ca,,sston. ouiet: middling. 15c; net re-
CENTS. 1922; gross receipts, lozz' s.ocA' 'f'
1885, coastwise, 1863.
New orleans: Easy; middling loo; net
receipts, Pip; gross receipts. sl'z' saies'
500. stock, S7164; continent, 25o3.
Mobile: Nominal; middling' 1855 or ne.
receipts. IS; gross receipts, rs; stock, soss'
coastwise, o99 .,z, o+
Savannah: Easy; middling, l41sc; net
receipts. 21S3; gross receipts, 2lS' safes
no: stock, 1860; continent, 2s6l; coast
Charleston: Nominal; net receipts, "a,
gross receipts, "a; stock, 1863
Wilmington: Quiet; middling, l4s4c; net
receipts, 1447 gross receipts, l4f7; STOCK
1c,064. a., -. va
Norfolk: Dull; middling, 15Ac; net re-
CENTS 90s1 gross receipts. 1851; sales, Il;
stock, 22,93O; coastwise; 1850.
Rs1timore: Nominal; middling, l5ssc'
stock. $751; coastwise, 1900
New York: Quiet; middling, 15.2Sc; net
receipts. 151; gross receipts, $780, sales,
u 900: stock, 243.S07; continent, 6lSS
Boston: Quiet; middling, 15.2oc; net re-
ceipts, 81; gross receipts, 1890; STOCK ~a4'
Great Britain, 1920; continent, AZ.
Philadelphia Steady; middling, l5.4oc;
stock, 1904.
Port Townsend: Net receipts, $50; gross
receipts 100; Japan, 49,
Jacksonvile: Net receipts, II; gross
receipts II; coastwise, no.
Total today at all ports: Net, 1880;
Great Britain. 1920; continent, ll6ol;
Japan, $50; stock, 1904.
Consolidated at all ports: Net 6O,464;
Great Britain, 1879; France 9l3; conu-
nent, 1922; Japan $50.
Total since September ] at all ports:
Net, 6,923, 1877; Great Britain. 2,O75,l26;
France, $40 $50; continent, 1885, 900; Japan,
st SOL; Mexico, 1885.
Interior Movement
Houston: Quiet; middling, 15c; net re-
CENTS, 1876; gross receipts, 735; shipments,
1S29 stock, 2S,4S3
Augusta: Quiet; middling, 15c; net re-
CENTS. I43: gross receipts. $50; shipments,
Al; sales, 23; stock, 22,917.
Memphis: Steady; middling, 15c; net
receipts, 165; gross receipts, 1865; ship
ments. 1893; sales, 49, stock, 59729.
ST Louis: Quiet: middllng, Ice; gross
receipts, 1OS; shipments 423 stock, 2S55S.
Cincinnati: Net receipts, 467; gross re-
ceipts, 467; shipments. 41S; stock, 14,S4S.
Louisville: Firm; midd1ing, 151sc.
Little Rock: Quiet; middling 14lsc; net
receipts, Al; gross receipts, Al; shipments,
1s41; stock 26,24S.
Total today: Net receipts, 1851; gross
receipts. 1906 shipments. 6116; sales, AS;
stock, $50, 2S3
New Orleans Cotton Market
New Orleans, May 19-Cotton futures
opened steady at an advance of to 3
points on favorable cables. The weather
map indicated general rains in the west
ern and central portions of the cotton
belt and the forecast promised more rain
tonight and tomorrow This led to talk
OF too much rain and nervous shorts COW
cred rather extensively with the result
that in the first half hour of trading the
market advanced 6 to 10 points over yes
terday's closing. The market did not
show any great amount of activity, bust
ness being restricted to some extent by
the holiday here tomorrow Shreveport
reported a minus stock correction of 3447
bales, and this also helped the market in
the early trading.
The advance continued until the near
months were to IA points over yester-
days closing. At this level bears APP
piled severe pressure and prices imme-
diately responded, July dropping down to
15c and then to Ia 90c. Just below this
level there was a rally, but this only
caused short selling to increase and the
market finally broke another dollar a
bale, reaching many stop loss orders on
the long side on the way down arr nut
ting July to 14.70c, or 80 poinsL pradti-
cally 50 a bale, down from the highest of
tho morning. August followed July close
ly, and lost 81 points. The new crop
months were not quite so weak. losing at
the lowest 16 to 20 points from the high
mark Of the morning. Toward noon the
market was steadier, and prices recovered