Arizona republican., 1922-03-16

and in the very low grades New
Bedford has bought sparingly of full
Boston eighths both in strict mid
ding and in middling, the former
bringing as high as $50 on Ma and
the latter as low as $50 on March.
Full inch and a sixteenth in middling
white was available as low as $50 on
May but for strict middling most
houses wanted $50 to 450 on.
Flat sixteenths in strict middling
was quoted around ESQ on. but in
some of the lower grades. such as
strict low and low middling carrying
some color il could be had as low as
Is or 16 cents. Fall River was re-
ported to be buying steadily of this
kind of cotton in the low grades and
to be taking also some low grade full
sixteenths to Boston eighths. The
mills there were paying from 15 to is
cents subject to the approval of sam
pies, and in few instances where
the grade was especially good or the
sample extra long the broker could
obtain as high as 10 cents. Both in
Fall River and in Providence there
were some rumors about demand
for cotton that could be sold around
IL cents but very little could be
found in this territory that could be
sold at that figure. although grades
as low as ordinary are offered.
Boston is buying steadily OF snort
cotton in moderate quantities, but
the prices available in that TERRITORY
seldom run over 250 on and more
often are between 100 off and 100 ON.
Considerable Egyptian cotton has
been received in Boston lately but
there has been but very little activity
OF any kind in Egyptians in any OF
the New England markets. Medium
grade uppers are offered at levels
between 27 and 2S cents, but on firm
bids spots can be obtained At still
lower figures. Medium grade Sax is
offered on tariff paid basis around
SO to 40 cents. but probably could be
bought in small spot lots as low as
37b or 3S cents. Slightly better
grades were priced around AZ cents
and very high grades ranged from
4S to 55 cents tariff paid.
Both Peruvians and Sea Islands
have continued nominally unchanged
and stagnant, there being not q
single inquiry reported this week.
Pima has continued to excite the
interest of some of the New Bedford
mills and during the past week IN
quiry was reported from Providence
territory One lot OF half NUMBER
twos and half number threes was
sold at S315 cents. the staple length
being inch and a half to e-six-
teenfhs. while another lot of number
twos. inch and five-eighths staple
was bought at a price around "a
cents. Most of the demand for this
cotton is for spots on which actual
samples can be seen, but it is possi-
BILE to buy future shipment cotton
considerably cheaper than the spot
prices. sometimes as much as two
cents a pound. For example, Tor
number one grade inch and five
eighths staple 3S to SO cents was
asked for spots and So to 81 cents
for inch and half to nine e-sixteenths
staple in the same grade. 1t was
possible to buy number ones for
shipment from Alexandria, however,
in the shorter staple length fer as
low as 81 to 35 cents. The quotation
on number twos was 36 TO 81 cents
for five eighths staple and 81 TO 30
cents for inch and half TO nine-six-
teenths, while number threes in the
longer staple type could be had
around 34 to 35 cents and in the
shorter type for 50 to SO cents. Simi-
larly numbers fours were offered
around 90 to 33 cents in the longer
staple length and approximately two
cents cheaper for the shorter length;
these prices. however are on spot
basis with a 22-pound tare allowance
and it is possible to bay similar cot
ton for shipment from the Southwest
for one to two cents cheaper. pro-
vided no large quantity is needed.
Prices on extra staples strict mid
ding white in grade and staple and
classed as to staple on very high
and exacting standard of stapling are
quoted herewith as indicative of the
levels at which round lots OF cotton
could be obtained. Small lots are
selling sometimes as lower figures:
Inch and an eighth, ~ to 20 cents.
Inch and three-sixteenths. 80 to
31k cents.
Inch and quarter. "a to s5iz
cents.
Inch and five -sixteenths. IS to IS
cents.