davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1918-09-06
New York Futures
New Orleans Cotton

| New Orleans, September 5.-Heavy sell ing pressed against the cotton market today, driving prices down the best part of % sN pound Offerings resulted rom the announcement from Washington that the war industries board would start an investigation looking toward the stabiliz- ing of prices, the news remaining the dominating influence from the opening to the close
 Opening at the decline, prices rapldly fell off until they were ls6 to l94 points under the close of yesterday The mar ket had little or no support until the middle of the day, when early sellers for short account coUmenced 10 take profits and fresh buying Tor long ac- count came in. Gossip had 1t that large buying orders from foreign interests were in the market at opce Mixed with speculative selling was more or less hedge selling, that IS, selling or con tracts against purchases of spot. Around the opening and for sometime a1ter liouidation of long contracts were eX- tremely heavy but in the afternoon onef- .inrs from this source were small
 Recoyeries of about 1c pound came ;r the afternoon session but upward n. oyements were gradually made. Last rrices showed net losses for the day of 99 to no points.
The Birmingham age-herald., 1918-09-06
ARRIVALS OF CORN
 ARE FALLING OFF
Frost Predictions Also Fail, But Staple Closed Is to
 3-4c Net Higher

Chicago. September 5.-Falling off of notices of country arrivals more than ccunterbalanced in the corn market to- day the fact that frost predictions had failed Although unsettled, the finished was 1sc to s4c net higher. with Septem- Der S.559s and October $1.57Aq1.5715.
 Oats closed unchanged to ssc lower and provisions unchanged to decline of 75c.
 Selling was of only a scattered sort, and the market was easily influenced by indications of lessened arrivals in this connection the fact that receipts here today were somewhat smaller and that the southwest was drawing supplies from central Iowa, presumably for feeding, did gooc deal to bring about an upward slant in values during the late transac- tions, despite the outlook for warmer weather. The Michigan state report showing crop condition of T against 80 a month ago, was also bullish factor
 Hedging sales by elevator interests acted as 2 drag on the oats market. Otherwise trade was light.
 Declines in the value of hogs weakened pork and ribs. Lard, though, was sus- ta'ned by demand for the cash article
The Birmingham age-herald., 1918-09-06
COTTON HITS THE TObOGGAN SLIDE Announcement That Gov ernment May Fix Price
 Causes Big Slump

New York, September 5.-The announce ment that committee of the war in- dustries board would be appointed to de- tefiaine whether government control of distribution and stabilizing of prices were ne escssary, caused great excitement and a very severe break in the cotton mar ket today. October sold off to S2.S0c, making decline of 222 points from last nights closing figures and of 445 points from Tuesdays high levels. The general list closed barely steady at a net de- cline of no to 132 points.
 The market opened weak at a decline of Sz to is.6 points, rallied few points and then turned very weak under heavy gen. eral selling.
 rms became more urgent as tne du- cline extended. stop orders were uncov- cred and before the end of the morning, active raorths showed net losses of 222 to 235 points, with December selling at g Csc ant January at 32c. This made a break ut S22 per bale or more from the high ievel touched after the publication Of the gov ernments crop figures at the beginning of the week. and 1t seemed that the scattering interest had been pretty well liquidated. At any rate the volume of selling subsided, and the mar ket became comparatively quiet, with prices working higher on covering ana buyjng which seemed to come partly from Japanese sources. The bulges met further liquidation. but hedge selling was not much in evidence after the early break and last prices were within or 10 points of the high point reached on the reaction, with December quoted at S3lSc and January at 33.05c.
 Reports of further rains in the south west encouraged rather more optimistic view of crop prospects, but the main factor was the unsettling influence of the proposed investigation by the war industries board, which came at tune when the technical position of the mar ket had been weakened by prolonged advance. United States port stocks, S37,G36.
The Birmingham age-herald., 1918-09-06

Announcement was made on the cot ton exchange that committee from the war industries board would deter mine whether the government should control distribution and stabilizing of prices. After this became known prices took big drop, October going to assoc, a decline of 222 points over :he previous close. Japanese buyers were reported as good bidders. Reports were made of further good rains in the southwest.
 Easy money promised OF Wall street failed to materialize yesterday, and as consequence trading was more or less restrained, leaders yielding from 1 to 1 F points as a result.
 Automobile issues became suddenly active during the intermediate period
The Birmingham age-herald., 1918-09-06
EASY MONEY FAILS
 ID MATER|ALRE
This Caused Restraining In- fluence and Leaders Went
 Off Some Points

New York, September ,. The restrain ing influence of the local financial in terests was again a potent factor in to- days stock market, prices yielding an average of 1 to 11s points on pronounced curtailment of trading after the moder- ately active first hour
 Promise of easier money, as suggested by yesterdays slight relaxation, was not fulfilled. Call loans were maintained at recent high levels and virtually no tune funds were available. An expansion or business was reported 1n bank accep' . jances. 4 United States Steel was agaiH the pivot around which the market revolved Its price fluctuating between 115ss and n3a4, and closing at 11fs, a loss of almost l point
 Some of the independent steels ana equipments were frmer, early gains Ill those divisions ranging from large frac- lions to 11k points.
 Oils and tobaccos were again favored by pools, mostly at material advances and coppers responded to the better trade outlook. American Smelling making an extreme gain of almost points,
 There was a marked increase Of actlvity in the various automobile issues, Gen eral Motors gaining points and Stude- harar 21h Motor subsidiaries also inn proved moderately.
 Rails forfeited early gains at midday, hut came forward again in the hnal dealings, retrieving the market from IFS otherwise irregular tone Hide ana Heather preferred was heavy ana snip- pings eased with minor specialties.
 Gains of to 101s points in some ol the underlying issues of the New Haven road and it's subsidiaries were the stfik7 mg features of the ponu niaihe a e., ,.. rastnant issues holding steady to firm Eotal sales (par value) aggregated sb45e,- DOo. Old United States bonds were uh- changed on call.
The Birmingham age-herald., 1918-09-06
Weather Conditions Put Trading
 To the Bad In All Markets Yesterday
By JOHN C. MOSES

 Light Pigs 90 pounds down-1s614c. Best Heavy Rough Hogs-16@17c. Half Fat Rough Hogs-14Q15c. Soft and Oily Hogs from 1c to 2c per pound less than above prices.
 Hides and TallOw No Green Salt Hides-lS@19c. < No. Green Salt Hides-1791Sc. Half Cured Hides-lq2c less. No, 1 Green Hides-l5Q16c, No. Greer Hides-l4ql5c. No. l Dry Flint Hidrs-zSG29c No. Dry Flint Hides-27@2Sc. No l Dry Salt Hides-25@26c. No, Dry Salt Hides-24d25c. Goat Sklns-S0n90c. Damaged Hides-Half price Sheep Skins Wool-Sl. 25ql.D0 Lamb Skins-75c4s1.O Horse Hides-$1 00G5.0O. Ginseng. Wild-S7.0OQSO0 Colt Skins-2om50c Shearling Slxins-25Q75c. Goat SlSins--75dS5c. Hog Skins-25450c. BeecwaS--23d35c. Talow-12@14c. Washed Wooi-I5GS0c. Clear Unwashed Wool--55d6Gc- Bury Grease Wool 35GS7c.
 Cotton Good Eiddling .................. 3512 Strict low middling ............. 35A Middiiug ......................... 5 Strict low middling ............. 34h
 Pig Iron
 (Under Government Basis) Coke Iron No. 1 ........................SS33. SS33.N
The Birmingham age-herald., 1918-09-06
Will Price of Cotton Be Fixed
 By the War Industries Board?
By JOHN C. MOSES

Studebaker making 2-point gain and General Motors E. Leading rails and industrials developed further heavinesS how ever, United States Steel reacting 1H points Metals also for feited half their gains. Motor shares advanced in the last hour, but seasoned issues were at lowest levels, United states steel react:ng E points. The closing was irregular. Finals on Liberty bonds today were 4Jzs, i01.Ss first convertible As, 95.04; second As, 94.26; first convertible 4As. 94.96; second con- vertible A s. 94.2S; third 4As, e5.56.
 There was Q falling off of notices cf country arrivals, and corn went up in the pit. Frost predictions went wide and this was another factor. Elevator interests were hedging in oats, which acted as q drag in the market. Hogs went down, carrying the provision list along
The Birmingham age-herald., 1918-09-06
Produce Market

New York, September 5-Butter, strong; receipts, 9071 tubs; creamery, higher than extras 5O1z'G51c; extras, 92 score, 49a4 4a5Oc: firsts, 471z@491ac.
 Eggs, steady; receipts, 22693 cases; fresh gathered extras, 51@52c: fresh gath cred regular packed extras, firsts, 4sQ50c; firsts, 44Q47c.
 Cheese, firm; receipts, 2S51 boxes; state whole milk flats, fresh specials, 23d27Ac; do average run, 261sc.
 Poultry, alive, irregular; chickens, 3tG BAG; fowls. 29d35c; old roosters, 25c; tur- keys, 28@30c; dressed, steady and un- changed.
 Chicago, September 5.-Butter, higher; creamery, 43a471hc. 7. Eggs, unsettled; receipts, 11106 cases; firsts. 40d4l1sc; ordinary firsts, 37@39c; at mark, cases included, 37@4O1hc
 Potatoes, lower; receipts, 65 cars; Min nesota early Ohios bulk. $2.2592. 35; do sacks, g. 4Oa2, 50; Wisconsin bulk, g. 150 225; do sacks, $2. 3O12 40.
 Poultry alive, lower; fowls, 2Sa3Oc; springs, 29l1c. changed, except springs, 26hc Butter, unchanged.
 Eggs, 37c.
 Kansas City, September 5.-Butter: creamery. 4Sc; firsts, 461sc; seconds, 45lac packing. 37c. Eggs, firsts. 41c; sec- onds, a6c. Poultry unchanged.
The Birmingham age-herald., 1918-09-06

Bostol; Middling, S7c; receipts, S2O; stock, 15.5J0.
 Philadelphia. Mddling. 95,soc; stock 1925.
 New York: Middling, 25.50c; stock. s5, 324
 Minor ports Stock 20.006.
 Total today: Receipts, I1,637; stock, S2o.- 12s
 Total fo" week: Receipts, 7o,7oS; ex. ports, 3l,22G.
 Total for season: Receipts, 2s4'S72; ex ports, 325, 762.
The Birmingham age-herald., 1918-09-06
Interior Movement

Houston: Middling, S3.50c; receipts, S27l; shipmen :s, 5l64; sales. 5424; stock, 14119s
 Memphis: Mlddling, S5c; receipts Sl6; shipments, 691; sales, 15o; stock, 226,369.
 Augusta: Middling, 32. 62c; receipts, 3S0}; shipments, 1176; sales, S03; stock, 51,779,
 St, Louis, Middling, 34.50c; shipments. 957 stock, 1N,Sl7
 i, Cincinuati: Receipts 56; Stock, 12Sl7.
 Little Rock: Middling, 34csreceipts, SS5; shipments, 547; sales, 547; stock, 6247.
 Total today; Receipts, l3,S7O; shipments, S59l; stoc.., 45T,0S7
The Birmingham age-herald., 1918-09-06
Merchant Penalized

Montgomery. September 5.-tspecial !, The sugar division of the federal food administration has announced that J. B. White a merchant of Centreyille. las been penaiized for filing an incorrect statement ot the amount of sugar on hand. He will close his store eaci. Wednesday for five consecutive weeks. He pleaded the mistake was uninten- tional and agreed to close his store with out court proceedings
The Birmingham age-herald., 1918-09-06
Henderson First Senator
 Caught in New Draft

Washington, September 5--Senator Hen derson of Nevada has the distinction of being the first member of the United States Senate to register under the new draft law extending age limits to men under 46 He filed with local draft au- thorities today registration certificate to be forwarded to his home at Elko, New. He is 45 years old.
The Birmingham age-herald., 1918-09-06
Liverpool Cotton

Liverpool, September 5.Spot cotton, quiet; prices, weak; good mddling, 25.9od; middlng, 25.27d; low mddling, 24.22d; good ordinary, 22.T0d; ordinary, zz.1Sd; sales, 2o00, including 1400 Amercan re- ceipts, none. Futures closed weak and 10i points lower; September, 24S0d; Oc. tober, 24.52d; November, AS1d; Decem- Der. 24.11d; January, 23.9Sd.
The Birmingham age-herald., 1918-09-06
Coffee Market

New lOrK, SepCemDeE os-iNSPOf eo VI a further reaction in Santos futures market, were followed by further scat tering liquidation in coffee futures here today. The Brazilian market has now lost nearly all it's recent sensatlohai advance, while no fresh bulllsh 1ea- t,1re has developed with reference to crop prospects or European outlets, and the fact that the advance of last Tues day had carried prices here up 10 the maximum figures has also promoted realizing.
 The opening today was unchanged to IA points lower and the market closed ret unchanged to Il points lower With December holding around s.s5c ana May, 9.5oc. Closing bids, septen per per. sa50c: october, S.65c; December, S95c' January. 9.05c, March, 9.30c; May, 95oc; July, 9.65c.
 Spot irregular; Rio Is, 91ac; santos 4s. 12%c No change was reported n the cost and freight situation notwtn- standing the easier ruling of Santos futures.
 The official cable showed an ad- vance of 125 reis in the Rio market' Santos spots were not quoted ana iu- lures were 175@ $50 reis lower.
 Brazilian port receipts, 39,00O; Jun diahy receipts, 5000. Rain was re- ported in most districts of Sac Paulo with temperatures ranging from 90 to 64 degrees.
 Live Stock Chicago, September 5.-Hogs: Re- ceipts, 21,00o; market fully 25c lower than yesterdays average. One load' s20.1O late. Butchers. $1s.0oq 19s5; llieht s19.25@20.20; packing, $1s.25@ 1 I1s co: sroughs, s17.50@1S.00; pigs and ichoice, slS.25 c 1s.65. | Cattle: Receipts 15,oo0; native and western steers with weight lVW zoe higher; COWS and heifers steady; calves strong. Beef cattle, good, $l6S5 5Wls.lo' medium, $1050@16.s5; butcher stock cows and heifers. $7.65Q1425; canners and cutters. $665@7.65; stockers and l feeders, good, choice and fancy, Sll.oo 014.O0; medium, $500 1l.oo; veal calves, good, $1S.00@1S.75-
 1 Sheep: Receipts 24,000; fat classes steady to l5c lower; feeders steady Lambs, choice. s17.25@ 1900; good l$16.00@1125 culls, $1210 @1S.5o; ewes choice and prime, s11.50@12.00; good l$10.25Q11.50; culls, s4.oo@S.oo | Kansas City, September 5s-Hogs 20.10; heavy, $19.25 e 20.20; packers anc butchers, s19.00@20.35 light. $1S.75q 20.1O; pigs. s16.5o @1S.5o.
 Cattle: Receipts, 1000; steady. Prime fed steers, s17.25 @1S.75; dressed bee steers, $11.0@17.00; southern steers s7.50 @14.25; cows, $6.25 @12.50. heifers I$S.00@14.00; stockers and feeders. $7.5' @16.5o bulls. $7.5o@10.OO; calves, $7.5t @1s.oo.
 Sheep: Receipts. 1000: steady. Lambs |15.5o@17.25; yearlings, $10.50@14-5o lwethers. $1o.oo@1a.25; ewes. $s.5o@ 1925. St. Louis, September 5.-Hogs. Re ceipts, 6700; lower. Lights, $19. 50 O 20.05 ipigs, $14.75 @19.75; mixed and butchers s1s.6O e oo5; good heavy, $19.9o e 2o.05 bulk, s19.50@2o.05
 I Cattle: Receipts. 5soo steady Nativ beef steers, $11.5O0 1925: yearlin steers and heifers. $9.5O O 15.50; cows tS7.50 @12.50; stockers and feeders, sS.5 @12.00; fair to prime southern bee lsteers. $10.00@1S.00; beef cows an heifers, s7.50@15.50; native calves. SIT l@17.25.
 Sheep: Receipts. 2sOO: steady. Lambs
The Birmingham age-herald., 1918-09-06

New Orleans: Middling. 33.75c: receipts. a145; sales 1858; stock, 231. 29s. Galveston: Middling, 3425c; receipts. 5oss: salcs, ss2; stock. 1S1.041.
 Mobile: Middlins, 32.50c; receipts, l"; stock, 10. i23
 Savannah: Middling, S5c; receipts, S'lo' sales. 23s; stock, 151,S53.
 Charleston. Middling, 3sc; receipts. lss. stock, 27,30a
 Wilmington: Stock. 2S,S64.
 Texas City: Stock, 6504.
 Norfolk: Middling. BAG; sales. S4l; stock 54113.
 Baltimore: Stock, 1868.
The Birmingham age-herald., 1918-09-06

The weather upset both wholesale ane retail trading yesterday. In spite or heavy rains and all-day cloudiness, there was a little business, especially among retail stores. Poultry prices continue to rise. Hens are quoted this morning at soc per pound, flyers at 4oc, and roosters at lS4l9c. Live stock quotations remain un- changed with moderate business re- ported Quotations were as follows:
 Poultry Fryers--1 to 1h pounds, 4oc lb'; IDS : 40c lb. Guienas--50c each. Roosters-1S019c. Turkeys--Live, BOG lb, Ducks-25c To. GeeSe-10c To. Hens-30c lb, Eggs-W holesale, 44a41c. Eggs--Retail, 50a55c.
 Fish Spanish Mackerel2oc. Pompano-35c. Salt Water Trout-10a20c. A Mixed Fish--10c. Red Snapper-Headless and drawn. n Q2oc Gray Srapper-Headless and drawn, l2c. Mulet-9Qi0c.
 Meal and Feedstuff Hen Feed-$4 per 100-lb. sack. Mixed Horse and Cattle Feed-$594s9 c. S. Meal, per cent-$55. Peanut Meal-$5S. Kiddo Feed Meal-SA2. Old Style Hulls-$3l. Lintless Hulls-$2O. Corn--S2.10. Corn Chops-N No. ? White Oats-s1 per bu. Choice Pea Green Alfalfa-ao per ton Southern A.fala-s3 s39. No l Timothy-Sf0 Glover and Timothy $39. Shucks -sl2 Johnson GfasS-S26. Rye Stgaw-$22.
 Fruits and Produc. Sweet Potatoes-S3 hamper Oranges-California. sS49 25 Limes--Inported, Sl.ooaL.S Lemons-$S .50. ea
 Live Stock
 (Union Stock IardSi Feed Steers: Good tr Choce--12m13c. Medium to Good-l0@11c. Common to Medium--8Q9c. Grass cattle, according to weight. qual- ity and flesh: Steers-S410c. Fat Cows-Sa9c. Medium Cows-7QSc, Cutters-flp6l5c. Canners-sG6c. Heavy Buls--14nStsc Light Bulls-fQ7Ac. Oxen--6Q7c. Fat Yearlings-7qSc. Medium Yearlngs-6Q7c. Vealers-y410c. Hogs: Choice to Corn Fed Hogs. ls5 and up- ;7Glyc. Choice Corn Fed Hogs. 1s5 to ls5-- l7d1sc. Choice Corn Fed Hogs, 90 to 135-15Ql5c.
The Birmingham age-herald., 1918-09-06
Dry Gnnds

New York, September 5.-The unset tied cotton market continued to make today an unsettled goods market, mills declining business very generally. Raw silk was unchanged and wool goods quiet.
The Birmingham age-herald., 1918-09-06

following changes: Gold in hand m creased 76S,0o0 francs; silver in hand de- creased ,000 francs; notes in circula- ton increased 293, 42S,o GOO; treasury notes increased 29933,OOo francs; general de- posits decreased 2Oo,.i0,oo0 francs; oiiis discounted decreased u,475,0o0; advances increased 6,957, ,000 francs.
The Birmingham age-herald., 1918-09-06
Hubbard Bros. & Co.

Cotton Merchants. Hanover Square, N. Y. Members New York Cotton Ex- change New Orleans Cotton Exchange, New York Produce Exchange. Associat- ed Members Liverpool Cotton Associa- tion. Orders solicited for the purchase and sale of Cotton and Cotton Seed Oil for future delivery. Special attention and liberal terms given for consign- ments of spot cotton for delivery. Cor respondence invited.
The Birmingham age-herald., 1918-09-06
S.R.Stewart&Co.

fOf-2 Woodward Bldr., BirminEham. Ala. Cotton, stocks, bonds, grain, provisions and cotton seed oil. New Orleans cor respondents Jno. F. Clark & Co. Direct private wire, continuous quotations.
 Phone Main J67 w. l.. PHELPS, Mgr.
The Birmingham age-herald., 1918-09-06
Rice Market

New Orleans. September 5.-Rough rice receipts, 12,305 sacks mllers 6S34 sacks Sales, Honduras, 2723 sacks. Quotations Honduras, s7@7.50; others. nominal Clean receipts. 736 pockets; sales, Honduras 509 pockets; no quotations.
The Birmingham age-herald., 1918-09-06
w. E. Campbell

Stocks grain, provisions and cotton seed oil. Correspondents Shepard &s Chuck. New Or1eans: F. w. Wagner &x Co, New York and Chicago. Continu- ous quotations: private wires to all exchanges
 GIG and GIT Woodward BIdg.,
 Telephone Main 6141
The Birmingham age-herald., 1918-09-06
Over Stewards Wire

New Orleans, September 5.-War indus tries board, it is said, with the approval of President Wilson, is soon to appoint a committee to consider the desirability and feasibility of effecting stabilization of cotton prices and other matters con nected with the handling of crops. The announcement of another short crop of cotton raises in acute form the problem of satisfying of needs of the nation as well as those of the allies and of securing an equitable distribution for the purpose of winning the war. announced MT. Bar ruch
 The drain was based on weakened tech nical condition, expectation of heavy ginning to September 1, rains in Texas and Oklahoma and increased marketing.
 The market today broke 70 points fur ther in the opening on the effect of views of price fixing, but on these re- flections developed that the intimation indicates rather a device by the govern ment to prevent extreme to excessive action on an extremely short crop than to interfere with the legitimate values for cotton producers The market steadieb and futures dropped again to excessive discounts under spots, which are not fol- lowing the break, and the action of spot holders lis the decided factor, after all. The weather overnight was fair in the Atlantics and cloudy elsewhere. Rainfall was general over the northern tworthirds of Texas, Oklahoma, north Louisiana. Arkansas and Tennessee. Heavy in parts of north, Texas, Oklahoma, Arkansas and Tennessee. Much cooler in the north west. Indications for clearing in the northwest portion where the first cool wave will be felt: cloudy and showery over the rest of the belt.-John F. Clark & Co.
The Birmingham age-herald., 1918-09-06
Naval Stores

Savannah, September 5-Turpentine, firm; 6lAc: sales, s5; receipts, ,353; ship ments. S7; stock 29. 2o9 Rosn, firm; sales, TEA; receipts. SIP; shipments. 200; stock. T, ,2aS. Quote: B, s11 .85Q11 .9o; D, $12M 1205; E. SIP. 15dl2 20; F, SIP. 25d12. 80; c. SIP 35a12. 40: H. $12. .40@12. .45 I, s12. .45i12 25: K, SIS. .2OGl13 .25; M. $1S. 40; N, SIS 55; we, s13.75; wv, sl4.
The Birmingham age-herald., 1918-09-06
Metal Market

New York, September 5-Metal ex- change quotes lead unchanged; spot. $S.05; spelter firm; spot, $9.12 bid
The Birmingham age-herald., 1918-09-06

Kansas City, September 5.-Cash wheat No. 1 hard. s2.19; No. 2, s2.161a e 2.17; No l red, s2.151s; No. 2, s2.1S. Corn No. ? mixed, s1.71@1.73 No. 2 white, S1.65@ 1.S6; No. 2 yellow, $1.72 @ 1.74 Oats No. white, 73c; No. , mixed, 72c.
The Birmingham age-herald., 1918-09-06
s14.o0@1s.75; ewes. $11.O0@12.O0; can ners and choppers. s6.00@9.00.
Sugar Market

New York, September 5.-There was nothing new in local raw sugar market and prices remain at the fixed level of 4.sS5c for Cubas, cost and freight equal to 6.055c for centrifugal. The committees reported purchases of 34,500 bags of Cuban. The market for refined was quiter and lprices unchanged at 7.50c for graun- lated.
The Birmingham age-herald., 1918-09-06
Over Campbell & Co.'s Wire

New Orleans, September 5--The reaction in cotton continued today, selling being stimulated by the announcement from Washington that the war industries board was considering new project of stabilizing the price of cotton and in furtherance of that idea would hold hear ings at points in the south. Heavy liqui- dation resulted, as well as heavy selling for short account, and the market fell off until it stood 1S6 to l94 points under the level of yesterdays close. In the afternoon there were recoveries which. at times, amounted to nearly cent, but no sustained recuperative power was dis played.
 This new move looking toward price fixing comes as a surprise to the trade and there is no telling what turn events will take, once the machinery of the war industries board is set at work on the matter. The one encouraging thing, however is that the side of the growers will be heard as well as that of the spinners This means that 1t is bound to be brought out that, even at the highest levels yet reached, raw cotton has not sold at fair price, compared with the exorbitant prices being obtained for fin ished goods For the time being the mar ket is bound to be dominated by the uncertainties surrounding this new move and advice is superfluous. However, it is easysto see that the market is tech nically stronger than it was, and we are not at all sure the bear side will derive all the advantages should the price sta bilization actually come about.
 The close showed net losses of g to IF points. Shepard & Gluck.