The Birmingham age-herald., 1914-05-30
COTTON MARKET IS
 UNSETTLEDFR|D
Heavy General Realizing Responsible - Weather
 Conditions no Better

New York, May 29.-The cotton market was unsettled today a result of heavy general realizing, which was doubtless promoted by the tendency to take profits for over the holiday, and the govern ments crop report on Monday. Weather conditions showed no improvement. how ever. and offerings were absorbed by the covering of recent sellers or fresh buy ing. with the market closing steady at net loss of : to IS points.
 Cables were lower than due, while the showing of the early weather may en- couraged private predictions of clearing conditions in the southwest over Sunday. Private crop reports issued before the opening made rather a more favorable showing than the figures published earlier in the week, and this also probably in- spired some of the heavy earlier offer ings.
 The market opened at a decline of 20 points on June and of 9 to 15 points on later months. Liverpool was heavy seller here, presumably against pur- chases in the English market, but offer
 
 decline. and prices rallied some or 6 points from the lowest. May. in fact, recovered from the opening decline to last nights closing price and went out at midday still commanding a premium of more than 100 points over July.
 The balance of the list met continued heavy southern and local realizing, how ever. and at one time during the after noon ruled about 16 to 20 points under yesterdays closing figures. Later rallies were attributed to bad weather reports from the southwest and covering by early sellers for reaction.
 Three private condition reports were issued. one making the condition of the crop 7S.2, another 77.5 and the third 75.6. The government report to be issued at noon on Monday will compare with condition 1910 last year and a 10-year, S0.4 per cent.
 Port Movement
 New Orleans: Middling, 13%c; re- ceipts, 753; exports, 11.577; sales, 300; stock, 123.251
 Galveston: Middling. 1s%c; receipts 1522; exports, 10,095; sales. 2257; stock, 131,32S
 Mobile: Middling, 13%c; receipts 3093 exports, 301 sales. 50; stock, Ill., 95S.
 Savannah: Middling, 13%c; receipts. 1887; exports. 6o2; sales. 11o1; stock. 62,0S7.
 Charleston Middling 1shc; receipts, 95; exports. 30; stock, 4S92.
 Wilmington: Nominal; receipts, 8; stock IA 452.
 Norfolk: Middling. 13%c: receipts, 3S7, exports 1925; sales, 767; stock, 2O,- 503.
 Baltimore: MiddIing. 14c; receipts. 449; stock, 3243.
 Boston: Middling, 14.60c: receipts, 315 stock. 10,S9S.
 Philadelphia: Middling, 14c; stock. 1925.
 New York; Middling, 13.75c; exports, 970; stock. 122,201.
 Minor ports: Receipts, 1156; exports, 1045; stock, 3565.
 Total today: Receipts. ss22; exports, 25,965: stock. 5l4.4O3.
 Total for week: Receipts 6l,75S; ex- ports, 127,167.
 Total for season: Receipts, 1o,osi. $40: export, S,426,4
 Interior Movement
 Houston: Middling. 13 13-1sc; receipts. HIS; shipments. 3115 stock, 691S4.
 Memphis Middling, 1Sssc receipts. 6S3; shipments, 2320; sales. 200; stock, 69,1S4. Augusta: Middling, 14Ac; receipts, 15; shipments, 231: stock, 23,706.
 St. Louis: Middling. 131ac; receipts, S69a shipments. Sis; stock 249s4.
 Cincinnati: Receipts, 9S9; shipments. 90S: stock, 1SS36.
 Little Rock: Middling, 13.1Sc; receipts, 157; shipments, 150; stock s2,14S
 Total today: Receipts, 3SSl; shipments, 7633 stock, 212750.
 Testers Weekly Cotton Statement
 Comparisons are to actual dates not to close of corresponding weeks:
 In sight for week. 63.000; same seven days last year, 75,00; same seven days year before, S6,000; for the month, 267.- 900; same date last year, 297,0O0; same date year before, 247,000; for season. 14,062.O00 same date last year, 13,422,- 900; same date year before, 15,3S6,O 900. Port receipts for season, 10.092, 900; same date last year. 9,637.000; same date year before last, 11,757. 900. Overland to same date last year. 1.040. 900; same date year before, 1.202,000. Southern mill takings for season. 2.6s1,000; same date last year, 2,526,000; same date year be- fore, 2,293,000 Interior stocks in excess of September l. 1SS,000; last year, 220.- 900; year before, 133,000. Foreign ex- ports for week, 93,000; same seven days last year, 105,000; for season, S,426,000; | same date last year, s.060.0O0. Spinners | takings and Canada for week, 29.000; | same seven days last year, 25,000; for | season, 2.377. 7.O00; to same date last year, 2,43S,000.
 Statement of spinners' taking of Ameri- can cotton throughout the world:
 This week. 1790oo; same seven days last year. 21S.oO0 same seven days year be- fore, 207, coo: total since September l, 12,3S5,- 900: same date last year, 12,l20,OOO; same date year before. 13,1 900.
 Total visible this week. z.T19000; last week. 49o5. .000 same date last year, 4,197.- GOO: same date year before. 900; of this the total American this week Is 2,782. 900; last week, 2.Ses Ooo; last year. 2.653, 900; year before, s,025. .0o0 all other kinds this week. l .9s7 600; last week. 2.o27,000: last year. ! 1,544,000: year before, 1,140,0o0; visible in the United States this week. 794000; this date last year, 677.000: visible in other | countries this week 9.925,000; this date last year, 3.52l.0oo.
 Weekly Cotton Review
 New York May 29-There has been an | advance in the cotton market during the | past week. with all positions making new | high ground and most of them new high | records for the season, on covering of shorts and broadening speculative de- | mand. May contracts sold as high as 4.45c be- 1 fore final maturity. or Slf.75 per bale | above the recent low record. while De- l cember advanced to 12.aSc. The upward movement has undoubtedly reflected a | scare over the new crop outlook, owing | to continued wet weather in the south | IL A ---