The Birmingham age-herald., 1923-03-05
Cotton and Cotton Goods All Indications in Cotton Market Continue to Point Up- ward-Gingham Prices Named-Fairchld News Service Complies Cotton Goods Index Number

have begun well satisfied with the progress in the gray cloth markets and are generally in a comfortably sold position. While there have been no big buying movements re- gently. trading has been steady, with interest broadening out to include more and more buyers. Operations are carried on cautiously and there is a general disposition to :ake no chances, although many figure that gray cloths are a good purchase for the next few months. All reports in dicate that cotton consumption for February should show up very well with mills running at capacity in most sections of the country where not handicapped by Illness.
 The latest development is the naming of gingham prices by the largest eastern factor. These prices may upset. temporarily, some ideas, inasmuch as they are a little lower than expected.
 The tendency in the gray unfin- ished goods market has been for greater strength. While business in print cloths has been fair 1t has not been what the market considers as real large. Prices are little higher and many mills have been reluctant to sell goods. confident that they soon will be able to get more money for what they have to offer.
 While sheetings are firmer prices are comparatively unchanged Drills continue very firm, with slight prem iums paid for nearby goods in sev- eral instances.
 Patama checks have advanced one quarter of a cent yard for 72xSO's, Sateens have been moving fairly well, especially in tho finer grades. These are being used in connection with other cloths for printing up in Egyp- tian patterns. hTe vogue of printing in Egyptians is the chief basis of whatever business is cur rent in combed yarn cloths.
 Voiles have been in fair demand, chiefly for printing. Lawns have been rather quiet and there has not been very much doing in pongees.
 There has been interest in Q re- newed demand for silk striped voiles. These goods have been dead for few years and some converters had fair sized stocks with which they had been stuck" However, the goods were printed up in Egyptian patterns and moved readily. Prices on tickings generally are higher.
 New prices in ginghams by the largest eastern factor was the most important development in the fin ished goods market during the past week. Orders have been coming in freely at the new prices and It is ex- pected that the offering will soon be taken up. The gingham levels prac- tically confirmed those that had pre- viously been named. giving the extra tnducement of longer terms. At this writing, the trade is waiting for the balance of the eastern gingham mills to follow with their prices for fall
 There was some surprise last week when one of the large printers of fered some plain shade percales at slightly under the prices quoted by others cn light ground printed per- cales. Recently the plain shades and light ground prints have sold at the same prices.
 The demand for denims continues strong. and some selling agents claim to have disposed of goods at 24h cents for 2.20s. Second hands are quoting from 5to 26 cents on these goods.
 In wash goods. printed Egyptian patterns in the various grounds seem to be the biggest thing of the mo- ment. It is reported that some con- cverters have been able to take stocks they had held for some time. and after printing Egyptian patterns on them have sold the goods at good price. This has been particu- larly true, it is understood. of some of the silk striped voiles for which there had been no market They were quickly taken when printed up as described. Canton and tussahs mixed with cotton, as well as lawns and voiles, are being used for Egyp- tian prints.
 Quotations on Standard Fabrics.
 S-ounce standard cottonade-27@ 27hc.
 Standard southern o2o W. B. in- digo denim, 24Q25c.
 Standard southern 2.4o D. T. indigo denim, 23c.
 Standard eastern 2.2o denim, 2s@ 27c.
 SSO cnAmDfay, loc.
 4.30 chambray. 14hc.
 32-inch eastern staple gingham. 17hc.
 Eastern fancy dress ginghams, 27- inch, 19c.
 Eastern fancy dress ginghams. a2- inch, 23@2sc.
 S-ounce tickings, eastern, aoc, nominal.
 s-ounce ticking. southern. 27@ @aso.
 Standard fancy outing fIannels, eastern. 15c lights; 15hc darks.
 10-4 bleached sheetings. 68c and S5c nominal for standards.
 64x60 standard percaie, 15c lights. 16xc darks.
 68x72 standard percales. 16hc flights, 17Hc darks.
 81x90 bleached sheets, 316.75 nomf- nal and $1S.S5 nominal for the two standard classes.
 The first of the index numbers in- 0lcating the average price of cotton goods at wholesale. prepared by the Fairchild News Service, is 17.7os. This index number is based on the aver age prices for cotton and cotton ma- terials at the close of business on February 24. It compares with 17.62 on February IT, with 17.5705 on Feb ruary 10 and with 17.516 on February 2. The index is based on the follow
 Doster-N -Northington Drug Co.