The Birmingham age-herald., 1922-05-02
Ouer Priuate Wires
HuBBARD,s LETTER

New ork, May l.-SpeClal.l--Huo o
 rains in Texas with prospects or
 further rains again brought higher
 market today. The trade recognize
 that we are now at the first of May
 with a large part of the Texas crop
 yet to be planted. Also much re-
 planting will be necessary as a re-
 suit of tho flooded condition Of a
 large part of the low lands. The dif-
 ficulty now facing the planter Is to
 get his cotton in and up to stand
 without getting into the grass, an
 especially hard thing to avail this
 year with his limited finances pre-
 venting hiring of extra labor, in ths
 meanwhile. consumption figures point
 to over 12,000,000 bales which seri-
 ously cuts down the surplus available
 to assist should this crop be small.
 Hubbard Bros. & Go.
 F. J. LINNELL & CO.'S LETTER
 New Orleans, La., May 1.-The
 opening of May, during which month zion will have much influence in shaping the future course of values, perhaps affect the size of this years crop, was attended by more rain In
 the western half of the belt and in the Carolinas, and prospects are for the continuance of unsettled weather in nearly all districts of the belt. especially in the southwest where dry weather iS needed most.
 It is imperative for an early return of good weather inland if a good crop is to be made this year. and all indi- cations point to the need of large yield for next seasons requirements, as planting is reported backward with the probability of much replant- ing being necessary in Texas as re- suit of the recent torrential rains in that important state.
 While situation Is not irreparable the outlook can be made better by the return of favorable weather only of which there are no signs of at the moment, as temperatures remain toe low for satisfactory germination and the continuance of showers, in some instances heavy rains, prevents prog ress of farm work.
 There is one redeeming feature of present conditions and that is that we may be sure of there being a good season in the ground in nearly al sections of the belt particularly ir | Texas and Oklahoma, something l which was lacking last year in near ] ly all districts of the interior.
 | If two or three weeks of dry | weather could be had in the country | farmers would push planting to com | pletion and good stands would likely 1 result from the more than ample | moisture in the soil but if rains ol l alternating rains continue inland | planting and cultivating would bt further interfered with. which would not only expose the plant to damag, by weevil but to possible injury a
 maturity in event of an early fros | next fall.
 On the other hand the immediat, | future course of values will likely b, l influenced by fresh developments a l Genoa, as political Europe and tn, world at large are interested in tn, | final outcome of the conference, i
 the news is favorable it would proba 1 ply help market materially but if un | favorable values are likely to be de I pressed if only temporarily.
 l Press advices from Genoa are tt l effect that the conference may breaI up immediately after Wednesday,. l plenary session unless the Russian
 indicate some quick solution of thei | problem Is possible.-H. and B. Beer