The Birmingham age-herald., 1910-04-21
COTTON PRICES
 VERY IRREGULAR Opening Is Lower and Reflects Trend of Sentiment COVERING IS GENERAL Prices Become Firm Near Middle of the Day. But Reaction Later
 Wipes Away All the
 Early Advances
COVERING IS GENERAL

New York, April 20.-The cotton mar ket showed some irregularlty, though prices were steady in the main and in late trading shorts showed considerable uneasiness following reports of southern spot firm failure with the market closing steady, net points lower to points higher.
 The market opened steady at decline of to points in response to disappoint- ing cables, favorable view of weather reports and the action taken at a meet ing of southern manufacturers yesterday in unanimity recommending a more dras- tic curtailment. But there was consider able covering by near months at the ini- tia1 deeline the favorable opinion of the weather was modified to some extent by private wires claiming that frost had necessitated considerable replanting and shortly after the opening prices firmed up. of to to points. while the new crop recovered to the closing figures of yes- terday
 A slight reaction occurred during the middle of the day and May sold off to 14.69c, or to net loss of points under some scattering liquidation, but in the late trading the market became decidedly more active as well as firmer and 1t looked as though shorts feared the fail- ure of a prominent spot firm in the At lantic belt might mean that anticipated deliveries on May would not be forth coming. May sold up to 14.s5c, or IS points above the low level while July ad- vanced from 1441c to 1459c. The market closed a little off from the best under realizing.
 Nothing new developed with reference to the government action against an all ledged bull pool, but there seems to be a growing impression in the local circles that whatever government action may be contemplated it cannot mature in time to materially affect the near month situ- alton.
 Receipts at the ports today 12,216 bales, against 11,5S5 last week and 21, ,567 last year. For the week SO,OO0 bales, against s5,227 last week and 141,174 last year.
 Today's receipts at, New Orleans 4445 bales, against 697S last year. and at Houston 1901 bales against 3476 last year.
 Daily Cotton Movement Galveston-Steady; middling, 141ac: net receipts, 3S51; gross receipts, 3s51; sales, 545; stock 75,769: coastwise, 31S1
 New Orleans-Steady; middling, IA 9-16c; net receipts, 4445; gross receipts, 445l; sales, 1065; stock, 12S,246; continent, 5762 coastwise, 2555.
 Mobile-Nominal; middlng, 141kc; net re- ceipts, 1072; stock, 27,s7o
 savannah-Quieteah teahliddling, 144sc; ne
 receipts, 14SO; gross receipts, 1430: sales 150; stock, 4S,454; coastwise, o277.
 Charleston--Quiet; middling, 142sc: ne receipts, 1o1; gross receipts, 1o1; stock 9sS9 Great Britain, 1064; coastwise, 13. Wilmington-Steady; middling. 14slc: net receipts. POT; gross receipts, 207; stock s099.
 Norfolk-Steady; middling, 14$c; net re. l ceipts, 1899; gross receipts, 1939; sales, 15; stock. 29,0S; coastwise. 2i53 Baltimore-Nominal niddling. 15ikc gross receipts, 1C0; stock, 4429; coastwise | 15O.
 | New York-Quiet; middling. 15. .15c; nei receipts, 233; gross receipts 16.344; sales 500; stock, 17s,SOs; coastwise, 123. Boston-Quiet niddling, 15.15c; stock 12,3S7.
 lphia-Steady; middling, 5.4ocI gross receipts. 50; stock. a205. | Total today at all ports-Net, EPIC Great Britain, 1864; continent, 5762; stock | 9,543.
 Consolidated at all ports-Net. o76s2 Great Britain, 16,676; France, 214; con- I tinent, 7717.
 | Total since September at all ports Net, 6,652, 716; Great Britain, 1,973.213 France, S2S, ,472; continent, 2267,46s; Japan 73,651; Mexico 13S17. | Interior Movement l Houston-Steady; middling. IA 9-1Gc; net receipts, 1901; gross receipts, 1301 ship ments, 2622; sales, POI; stock, 47,7S7. | Augusta-steady; middling. 14ssc; net re- oeipts. s6; gross receipts, 4so; shipments 953; sales, 174; stock, S7,sss l Memphis-Steady: middling, 14s4c; net receipts, 277; gross receipts. 676; ship ments, 1881 sales, 800: stock, S7.375. | St. Louis-Qulet; middling. 1424c: net re- ceipts, 79; gross receipts, 1775; shipments. 1858; sales, 200. stock, ss,720. | Cincinnatl-Net receipts, 195; gross re- ceipts. 195; shipments, 4s7; stock, 1901. | Louisville-Firm; mddling, 15c | Little Rock-Quiet; middling, 14tc; net receipts, 565; gross receipts, 565; ship menfs 1490; stock, S4,709. Total today-Net receipts. 245s; gross re- ceipts, 5007; shipments, 9S51; sales, 1875; stock, 259,470.