The Birmingham age-herald., 1924-04-27
COTTON LETTER

I .s P NEW YORK April s4.--our market diaregardsd lower Liverpool this morn- I ipe and opened, around last nights close. f1ss map showed ever the western belt. This wsatller IS not. at all. satisfaetory and should t continue. 1t would be very I the state of -Texas now Is clear hot, sun shiny weather. Where was some buying y.rv a GrIp o sa att times. some profit taking came into 1 the market to ease off prices somewhat. sxirssIy sasoSs snS WoSid Sot pGsa ss sl SgSpriSsq 5G see fhs Msy pre1a ps 4 ness wAs. rathefh small during the morn S ins session with nothing Of note to 'af- feet the market except the weather. '| the Week end, we win look for a hi dsher | market, Monday. Liverpoo futures are due Monday, May, 17.4ed; July. F16.7 .7sd-- S Hubbard Bros. & Co.
 x. NEW ORLEANS COTTON
 NEW ORLEANS, April 2s.--Cottop was lower Saturday on weekend liquidation, and some selling on q poor Liverpool mar kAt, additional pessiinistic goods and mill news and bslist in improving weather were good for the short day at 5000 bales with 5000 amount and exports continued frses certificated stocks here were ,re- New days ago, and New York stock is now less than 9o,000 bales and heavy freight Booking to the middle of May contracted for.; A special report on the New York lstoeks is expected Monday. Poor dones- tic,, trade news, pessinistic min accounts and better crop reports Wed with Optis nistic foreign trade. a better stock mar ldoFninance in the market. The available 'nsId will vii % ferrair G a -sSstaininx' facsor. but he improving crop outlook and poor aomestic trade news makes the selling eIds look the best. .-z-Leyy and Aronson to
 NEW AoRLEANg. April 2s-cotton eAs easier today and values slipped about x 3 a bale Heavy general rains fell over he western section during the night and l2 cold wave Was followed close -on the heels of the rains which promised to do one. damage in northern sections of the bslt. Rains and cooler, predicted for the :entral and eastern sections. The trade .ccepted. the rains in Texas as beneficial nd forecast of fair and rising enper- lures for that section Sunday was in- Arpreted as Indicating q good map for owsver, will not be beneficial Humors verO current that the big spot houses lippea out of . considerable portions of 6ay longs yesterday: This was mistaken mean that the situation in May is sss acute, though the premium in that Iaonth, over July vas well maintained. he general view. iS that 8, combination f poor goods trade and improving. crop
 
 rease the selling pressure and lower aIues.s Fehner and Beane. .l.- ~ ffs 11H -rs srf .i0 z s. %af v +.-
 NEW ORLEANS. April 2s.--The cotton aarket assumed reactionary tendency sday as a, result of week -end realizing, he claim that the rains in Texas were enSeioial and owing to reportt that cur
 iimeht in Fall River now is the heay7 ssk of the year! Even with the curtail- Aent in New England, and at some south Tn mill centers cotton Is leaving this suntry and disappearing sufficiently fast aough to cause scarcity of the raw ma erial next summer, The local certificatsd
 ock, which was '$11g22o. bales yesterday.
 as reduced .s,s5A bales today. having screased. 2266 bales overnight. C.
 coranencin1 Monday April 2s, and nn- Ssptember 1, the New Orleans futures
 arkef will, open at 6 a. m, central me, and elobe at 1 p. na., except on aturdays, when it will close at 10 q.
 H. and B. .Beer'to J. P. willInghana and bnpany. Y N