The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1923-05-13

throughout the sheeting list, with
some styles still considered weak.
Drills went off; sateens declined, and
ducks are quoted slightly lower.
Buying interest in all goods was at
low point, watching the cotton de-
velopments.
The following table shows the
trend Of the index number for the
last three months:
Average
Index Price of
Week Ending Number. Cotton.
A April y y ........' 1 17's6 2 2sSs
April - ............... 1913 294b
April ............... lS.l9t " ~
March 81 .............. 1909 19.O37
March "a .............. 1911 30
March II ..-........... 1903 3l.1O
Marcn ~ ............. 1S.O2 3U.92
Marcn ....'......... ll.9I2 $3.50
EsSrnary Z Z 115s s2os ss37
New York Spot mniddiing cotton . ssss..ss7
| This index is based on the following
| gray and finished cloths, which have been
Print Cloths
rs Inch 6ex44 1856 ............ $40
| 81 Inch 64x60 $50 ............ 7.58
| 3S u Inch 44x40 $50 .....'...... 70s
49, Inch 60x4s 6.25 ............ s.04
| 3S W linen 64x6O b.35 ............ 1923
~ linen 6Sx12 4.15 ............ 11.75
~ linen l2x16 80 ........... 100
INV" '0H Tobacco eco Cloths ''''' '''-'
Sheetings
! SO inch 4sx4O $50 .......... ss3
36 Inch 56x60 400 .......... 1895
80 Inch 4sx48 500 ............ 14.b
| 81 inch 4sx4s 400 ............ 10.6s7
40 Inch 48x48 2.s5 ............ 1919
Twills
| 80 inch esx7s 100 ............ 1886
Drills
30 inch 2.s5 .................... 1929
| 80 Inch $50 Observation-Disclosures. 1880
81 Inch AIS NEUTRALITY-SUSPICIOUS.. 1904
81 linen $50 -. .............. l2.229
| 80 Inch S4x104 APO ...... 1871
4s Inch 721l2o Ss5 ........ 22,5
| s-ounce, army duck ............... 27675
Finished Goods
Standard. 64x6o. percale, lights. $50
STANDARD, soxso; percale, lights. .dso
Standard, 2.20 denim ............ $3.50
Standard fine chambray ........ 1850
Standard. $50 work short cham
a7-inch. eastern standard staple Wv
bingham ...........,.. IA
| Standard S-ounce ticking ........ $3.50
White flannel. standard, eastern 175
Standard branded bleached muslin,
Class A ......... 19475
Class ........... .1675
s-ounce Canton flannel .......... $50
A ................... .s156
1914 bleached Wide sheetng, Glass
................... 1877
Normal
Average cotton goods price. 1852
olHSl0 CdTOcu COtlOH WEAVING
yarns are reported to be selling in
the Philadelphia market as low as
Il cents a pound, on the basis of los
skeins. Sales at this figure are con-
coded to have been only occasional
thus far, but statesmen report that
some of their customers have been
getting supplies at this low level of
prices, placing small orders to be
filled out of local stocks. Other re-
ports mention sales of los to con-
sumers at AZ cents, but the general
quotation reported here is 421a cents
a pound.
Xhe case Of these single skeins is
cited to indicate he trend of prices.
Although discouraged over the early
action of cotton this week, most of
the larger yarn interests appear to
be trying to support quotations for
the moment at least. There is very
little buying or inquiry. Twenties
single carded skeins have been
moved in Philadelphia sales at below
46 cents. A buyer stated that he and
others could do better than so cents
on 24s skeins. while some sellers
admit that 26s are being offered
down to So cents.
Some objection Is made to passing
along these low quotations, on the
ground that these prices cover sales
Of inferior yarns. The report noted
above, however. state that the regu-
lar average grade of white yarn is
involved by the transactions mem
toned. others insist that 1t Is by
no means easy to find spinners who
will accept orders, even for prompt
shipment, at the prices quoted In
Philadelphia. The result is that quo
tations are extremely irregular.
Short Selling Denied.
1t is denied there has been any
short selling of yarns although word
received through New YORK from
Georgia indicates that there IS GOSSIP
in the south resNrding heavy snort
selling in the Philadelphia market.
According to this story, one dealer
went short of 30s two-play carded
warps at so cents, to the extent OF
100000 pounds, and has been aole
to cover much of this down almost
to 55 cents pound.
The interests in Philadelphia most
likely to make such move point out
that the situation has been too I'M
certain, thus far, for anyone TO as,
sumo the risk of going short OF
yarns. Also. 30s two-play carded
warps have not been depressed out
as would inevitably be the case, hao
3Os been heavily sold short.
Southern ply combed skins and
warps are now at their lowest prices
since last October. The coarser
counts have been weak recently. FOL
lowing the decline in the finer mum
bers. 1t is intimated in some QUAR-
ters that an oversupply is becoming
troublesome in this department.
Carpet mills have been picking up
small lots at 40 cents, and below, on
the basis of Fights, three. ply.
Southern carded knitting hosiery
warns have settled to half cent to
cent below January l quotations
with underwear yearns also weak
hut showing somewhat greater re-
sistance than hosiery counts
The following chart indicates the
price trend.
cotton is being offered at It's lowest
level of the year, trading continues
light. The further weakening in
prices presented many odd lots Tor
sale at levels that few short weeks
bargain rates. NOWADAYS they. go
begging. In a few instances, there
have been transactions recorded
where mills took advantage of the
situation to fill their immediate
needs but on the whole there has
been little inquiry
Prices generally for extra staple
cotton. strict middling in grade and
color, t. o. b. New Bedford, are down
from one to one and half cents
from the previous week. and for cot
ton classed as to a very exactins
standard Of stapling are as follows:
1A inch. soc to sic.
1 1916 inch, 32c to 33c.
IL inch, 34c to 35c.
1916 inch, 36hc upward.
tCopyright. 1923. Fairchiid News
There are fewer homicides and less
thievinp in RisbOn Portugal than