The Birmingham age-herald., 1911-01-07
Worlds Visible Supply

fair, 15 11-16c; mlddllng HUT eo ioh 16 1-1sc; fair. 16 7-16c nominal. Receipts, S7S7; stock, 269,572.
 Worlds Visible Supply
 New Orleans, January 6.-Secretary Hester's statement of the worlds visible supply of cotton made up from special cable and telegraphic advices compares the figures this week with last week. last wear and the year before. It shows an increase for the week just closed of 22,- s42. against decrease of 15,ss5 last year and an increase of 26,S53 year before last.
 The total visible Is 5,321 ,321, against D. 29s,979 last week, 4.953,4 ,4H last year and 5.464. 22S year before last. Of this the total of American cotton is 4.2S2, ,aH, against 4,2S5 s7s last week. 3S54.431 last year and 4,53s, ,22s year before last, and of all other kinds. including Egypt, Brazil. India, etc, 1 ,O39 900, against 1,013,000 last week, 1O99,OoO last year and 931 900 year before last.
 The total worlds visible supply of cot ton as above shows an increase compared with last week of 22. 342, an increase com pared with last year of S67.sso, and de- crease compared with year before last Of 142,907.
 Of the worlds visible supply of cotton as above there is now afioat and held In Great Britain and continental Europe Z,l 2,97s,o0o year before last; in Egypt 2s6.0o0. against 236, 900 last year and 2Sl.000 year before last; In India 3650Oo. against 634.0o0 last year and 292. 900 year before last; and in the United States 1.s55, 900, against l. 542, ,oo0o last year and 1,9O3,0O0 year before last.
 Liverpool Cotton Market
 Liverpool. January 6.-Spot cotton. good business done; prices points higher American middling fair. 8.56d; good mid ding. s.22d; middling. s.oSd; low middling, 7.S8d; good ordinary. 7.62d; ordinary, 7.37d The sales of the day were 12.ooo bales, of which 500 were for speculation and export and Included 10000 American. Re ceipts 36,0OO bales; all American. Futures opened steady and closed steady. Jan uary, 7.S71kd; January February, 7.S711d; February March. 7s9d: March-April, 7.s01ad; April-May. 7s1d; May-June,7 7.s11sd; |; June-July, 7.90d; July-August. 7.SS14d; Au- gust-september. 7.6sd; september-Octob [. 7.31d; October-November. 7.13d.
 Dry Goods
 New York, January 6.0Cotton firm CT during the day and an increased buy ing Is noted in wide cloths for print ing purposes and in some lines of staple domestics. The yarn market shows SllgnL increase or inquiry. Wooi mar kets hold steady but quiet.
 Hubbard Bros. & Co.'s Letter
 New York, January 6.-tSpecial.)- Until the afternoon the market showed a remarkable good undertone, with a. moderate demand from Liverpool on arbitrage transactions, as that mar ket sells cotton to Manch ester. As a result of straddles and hedges this market probably owns very large proportion of the Liverpool stock and from now on we can expect buying orders from that side. After this de- mand was supplied there appeared many selling orders which came from those longs who were discouraged at the failur. of the market to sustain the advance of yesterday and 1t was this selling which finally caused the market to close at decline of 10 to 12 points. There appeared to be no definite reason for the decline except Encouragement at the absence of an active demand.