The Birmingham age-herald., 1923-05-29
Told by Priuate Wires
HUBBARD BROS. & co

NEW YORK. May 2s.-The crop and weather news continue bullish' wltn e .he an exceptional run of good weather re- gently. Liverpool was fair buyer on our opening this morning in view or the fact that their market was rather strong; However, realizing shortly after the cail M checked any apparent advance, ana the market quickly settled down to very quiet inactive affair. Various private crop reports were issued during the morn ing, causing slight flurries in the market Little outside business made it's appear ance and prices remain as a rule sishlly above closing. prices of saturday' Ihefe ieh is one thought that we & most nat Se'p e a i ali i m probable ohave clear weather durins the month of June after so much incie- ment weather as we have had recently; If this is to be the case the crop will progress very rapidly and make up for the setback that it has experiepeesd so taa: far; October. 1s.s7d.-HubbArd Bros. & Co.
 DOREMUs. DANIEL s co.
 James E. Bennett & Co.'s letter on grain by privaite wire to Doremus. Daniel & Co.,:
 cHICAGo, May 2s.-wheat: The bull gsrded, ssr l" further declines being registerd in spit of the fact that buliish estimates on the spring wheat acreage were an. in the area, and notwithstanding the fact that there was decrease of 2,91s,OoO Tn confirming the rather. alarming views Of two weeks ago, and the country offerings were not heavy. There was but little gen was quite extensive at times. Cables were weak and the foreign news did not give much encouragement to holders, the bids being out of line for export Clearances of wheat and flour last week of domestic origin were 3,2o3.ooo. This shows that market needs broader outside buying sup port to sustain any big rallies. but on its merits wheat would seem to be close to
 Corn-There has been alternately short covering and liquidation of long stuff to- day. AS result the undertone has been steady at times and weak at others, Cash demand better with prices little firmer. and while receipts were little larger there was no indication of any big or burdensome run.
 Roscoe. Lockwood & Co.'S daily letter on cotton by private wire to Doremus
 NEW ORLEANS. May as.-Hghly un- favorable weather over the greater part of the belt caused rise in the early trad ing in cotton today. but as the market improved it ran into considerable realizing stimulated by the holiday Wednesday in the American markets and bureau day
 The tendency to even up over bureau day unduestionably is increased by the holiday in observance of National Memo rial ria Day at the middle of the week. The real significance back of it.
 Private reports on the condition of the crop ranged higher than they did last week. and this probably Increased the dis position to sell, although at the same time the highest of four reports issued today was only 71.5. against the 10-year aver age percentage for May 25 of 73.s, which could hardly be called bearish. The low est report was TOP. Another report placed the condition at 70.4, and another at 70.9. Estimates of the increase in acreage ranged from to 10 per cent and figures on the indicated yield ranged from H. 400. 900 to 12,905,00
 A. A. Houseman & Co.'s letter on stocks by private wire to Doremus. Daniel X. Co.,: