The Birmingham age-herald., 1924-01-11


 until near cinss., whsn market eAsed Sff- Rredfcfinn of cnld. stormy weather and adHins1 rum interior tslling of limited try served as fnrent1Fs for the buying A mnre friandny feeling i. dsveloping toward thin market
 inuestinent buying bringing about . mod enars advaa Pruvsous elysr! took piirrs % in nil cilsca. cs.h % csssrinxs snaii and prines fifnl. but dzrkuess made inspection dhffuuir and cash business was restricted ofBeninws Iixi1t--
 Pnuwisinnsr Trade nnsdsrats- Some pneaHura belisusd tn bs from one of the noe lower; tnp price. $z.I5.IFsuner ( Bsame.
 Ceifoa Leifers
 HuBRAnD RnOa. . co.
 NEW YORK. Jan. I9--sOme fairly good buying hx bnoksrs connected with large spnt hnuBes. especially of the March poss- tinn,, brought a slight advance i'm our sxer. u.ry ntriee bu2ln.n.. and after this buying censed,. thu markse became very duin and suid off to around Inst niHht-s reported in the south. bdt this has nst bsem ref1ectsd in cur market hsrsI largelyl dms tn tfts fact that the buying in the v mftmsnfx soid for JaauAry shiuments ratlisr tiiau nrw business bsing put for wHrdl Thrne is 90 vUy little going on thai saesrard Sms n and % rnrx.rd M for ths tims = nsins. zwaitinU either q fresh demand our spot eqttnn GIT soms favorable dsvepoment in thd poittsrzl situation in Ensiznd !a the lats afonrnuon surne heavy hgnad1fion mstis ft. .upuar.nrs. cau.ins . brsak in tlie maritst.
 IiNsrpsui nztnrss srs aas ts8srvw- Marcit,, na ssd;; May 1Assd
 SHANNON . co.
 NEW YORK Jan. 1o.-rhs mnxkse Drs- virfe,B anntlisn surpriss by iEuuring 6ssap- puinting cables and showing . firm tcns. tfouEh trading continues light and the fatlnre of the dry goods markef1 to de veinp the predicted activity after the turn of tlis year is holding buyers in cheek i'm spite af the steady stream of buaa1sh spot advirea Surprise is oppressed in saTne quarters that if the spot sit1affon iH sctunlly acute there is mt more UT ssnf dHsnand for the very desirable cotton i'm tais local stock- Neither of these de- vsInpmsntss however, is likely to come over night and the demand for the local stock will ufupe prabably follow than prerede am Improvement in the g0ods markets The snufh sflil has some cotton ieft and until that fs more neariy exhauBfed buy SITS will hardly turn to New York, aB to dln that would be to advertise in letters of fire the distressing lack of suppafeA- Munih of the loeaI stock is considered tHgzsd for export and while buyers are nut as yet sEramhlinx far anything they cam gHt., notices do nut circulate long be- fore cunning to rest and January holds nelatdweiE firm in face of all tenders All surtA. of opinions are held based on sa act a ssema % to o Bs thas % Is @ ras. ' Of % eoa- sumption anM exports to date hn8 bean far a1ead of what it should have been if tiisre iH to be anything left oyer at tha enrf of the sen8on. and nDBt drastic curtaiiment in both those divisions b inn psradiNe beginning at onca unless there is uo' be a franfdr scrambls for cctfsn- | livery of what they have already bought but what merchants have not yet covered surfh scramble loolKs practically i'm eItrahle..
 SHANNON & co.
 NEW YORK. Jam 9.-Cot1un- The mar lkat has been reactionary again, reflect inE ginning figures rather above expec- tatious and the issuance of A fairly large number of nDttrea There was no symp- tom of actual weakness, and if the mar Ret were regulated solely by spot advices- tine laxel of prires would be raised very promptly and substantially As things standI however. uncertainty as to con sumption iuHt albuut balances the certainty waiting to see which side of the balance will first show signs of overcoming the auitsr. A Grup of I8,Be6.eee bales would csrtainiy justify present prices. and the qR1Rstinm of how much higher prices will be neaGifed hinges upon how active the GTmpsf1fann 1Ss @ mat sngpay proves to S oe- junk is practically certain. and ii is fair Iw sure that baiss are running light. go fiEunes will aTuaI the official estimate in halhH of 51d puunnS. To hiring the tDtAA rao15,s aouf pHA sn oe S more mnsa be xtnDe 0r more than twine as much as during the halAnre-of last seaznn- The opinion Is expnessed in some quarters thai the high prinnM fur the, season have been seen. and ewen in that proves true which is very dhubtfuI there will not necessarily be any f1.s tive siIia of easy market promises to be tins safer fur long time to cOms until next snasun. and exidencs that existing cuntrants for later delivery are being can esilHd or compromised on s0ms basis and neisasinG the corfon-
 KAHN EROS. 6 vFRGxy
 NEM YORK. Ian. 1a;-It has been a day without any news osd1ur1 with 0ut- siGia businesa at low ehb..
 TeisgraruB continued to coma from the 5uufft telling af higher baMi8 and a IunannbIing damand, but again these fail ed tn stinndate the market
 The chief topic of conrersnfion is the inEl1rz of buyers into New York Much optimism has been recently expressed awsr the vulunle of their purchases and even Worth Street was very hopeful. but Wortlh Sereet had been hoping that the bsiNer8 wuuad arrive in New York with a nising cotn0n market In conye-satson clfase4 sU far have been very meAEre and the sagEing tendency in cott1n prices |
 | Thse desnand in. the soufX n--talsa hare aa the tilling of old cDmmitmennHL and the belief that there is gD0d deal more of tlii# to be dune has been a asustaining anIb recent factDr. With this demand filled l and q continued slngsish demand for the manufactured article believe present priEes will be difficult to susrAin- NEW 0RLEANS. Jan 1B--Affer hzv- ing ruled 8teady and higher most of the da0r under the stimulus of good spot news tis market suddenly turned suft in the aftsnno0m on ru1uors that the govern msnt is preparing to issue a revised aEtz- nnate om the crop and that one of the priWate reporting bureaus was out with a very bszaiiali estimate on consumption nliH basis for the rurnnr about the esti- matgH appears t0 have come from the Hinued more cutfUu than the Kovexnznant prediGtsd No figures on the predicted GunsumpriDn were available as this aE neam predicted 3ss peo vs ss2, coo in No vemibar and 529, ,00g in December last I year,. The market accepted these figures ing upset. buh expectations were raised lgrer by prediction of consumption of 45al 900 Grom other bureaus. Spot news was very encouraging Stocks everywhere uarentiy increasing and orders are getting harder and harder to fill The. market als0 neceiEed confirmation of the sale of 3ga0d uo 40ooo bales to Russia in pAsz two dr three days. Trading was 90 light tltah the market was easily influenced by few selling orders Had it not been for | tifiB the day's news would hardly have GsnBed q ripple. We dDubt if there is any Il foundatinn tor ramonB of another esfi- Y matte. SpUt news k of character to | hel0 tte market snunsr or later.-Fenner & Beane.
 M Realty Transfers