The Birmingham age-herald., 1923-02-12

| pone. One of the largest southern factors reports having orders, on it's books, at value, that will more than
 oversel1 the product which 1t will have to offer. This means that the
 house in question will merely con-
 firm that value orders" when 1t
 names prices.
 Tickings are selling on basis of
 27 cents for southern eight-ounce.
 Eastern goods are quoted at 30 cents.
 Denims are in demand, buyers
 seeking to obtain anything at all in the way of nearby goods-shorts,
 seconds or amy other accumulations. Several instances have been reported
 where attractive premiums have
 been paid for. spot goods.
 Quotations on Standard Fabrics. S-ounce standard cottonade-26-27 cents. Standard Southern, 2.20 ". B. indi- go denim, 231s-24 cents. Standard Southern, 2.40 D. T. in- digo denim-22 cents. Standard Eastern 2.20 denim-25 cents.
 3.So chambray-16 cents, nominal. 4.30 chambray-14k cents, nomi- nal.
 s2-inch Eastern staple gingham 161s cents.
 Eastern fancy dress ginghams, 27- inch-18h cents.
 Eastern fancy dress ginghams, 52- inch--21h-24 cents.
 Eigh.-ounce tickings, eastern-So cents, nominal.
 Eight-ounce ticking southern-27- 2S cents.
 Standard fancy outing flannels. eastern 'bM cents lights; 16h cents darks.
 Ten-quarter bleached sheetlngs, 5S and 65 cents for standards. Sixty-four by sixty standard per- cale. 14M-16 lights; 15A -16 darks. The week began in cotton yarns with business on very small scale. Prices in the Philadelphia market remain unchanged. Inquiry is much reduced in volume. Current sales are being made under conditions char acterized by yarn men as "at a price" In most cases buyers not voluntar- fly seeking fresh supplies. It is necessary for yarn sellers to seek out the buyers at present. Reports of buyers reaching" for yarns have almost entirely ceased In some quarters. it Is stated that the only thing that prevents yarn quo- tations from sagging further than they have is that yarns must still be spun from actual cotton, rather than from New York future quota tions, and as the actual cotton in the south has remained steady in price. the majority of southern spin ners have held their yarn quotations firm and this has prevented any sub ct tto1 h~no rAf t, o.Ir, values.
 How long this status can be main tained Is a matter of individual opinion, yarn dealers say. In this re- spect the outlook seems less cheer ing than a week ago. One reason is that large proportion of the spifi- ners claim to be sold up through March, April and May and in some instances June. as the case may be. On the ether hand. the claim is ad- vanced by a majority of yarn con- sumers that they are fully covered with yarns through April, and in some cases for months beyond that. This leaves the yarn dealer to assume that making all due allowance for exaggeration in some of these claims the present dull period in yarns seems likely to be prolonged for possibly a month or six weeks. The quota tions reported for some carded yarn numbers already indicate a condition of strain, leading the observer to an- ticipate a further softening, unless cotton prices should have a sudden spurt.
 General interest Is being sustained in the extra staple cotton market, although the activity has shown a slight decrease over that of a week ago. In a few instances a small re- duction in prices has been noted, and where 1t was possible to get buyer and seller together on price ideas quite a little business was trans acted. The easing of prices is oc- casioned by the uneasiness of the fu- ture market.
 Manufacturers are apparently un- der the impression that extra staples should show decline coincident with the decline in the future mar ket, despite the fact that the longer staple did go up in price to the ex- tent that futures did. It has been possible in some instances to buy at | lower than last weeks levels, and it