The Birmingham age-herald., 1924-05-14
COTTON LETTERS

NEW ORLEANS. nsa., May nsz-Sleott0n opened with bsari5h sentiment mflfoh in evidence owing to 1aVorshls Nessttfner overnight, hut the continued 8trsuEth Gi May und aofEicial HorsuaBt of anionlty aor unsettled 7wsathsr tn ttiSs west aEnon ocfsenit- ed the selling and tttIe smz1aket had is small rally. The very 6av1rable showing made by the Brftiah esuspUrtB aItEfsanSstfi for April, which wan wall oo~sr nuzt snsIEr, and expectation cof an a1rfEVsrahls Wt15ts- fly review Wscnssfiay wssre a0tirsr Adfpfnl influencss. Reports vHsre rsrnivsH dur ing the day which itn1icaltes most of 1fEe short interest in May iis lhsld by rnillH which fix prices on E0ttUn 8oid riI9m. Eastern mills weTa rap01tsa SiitFpins osde- ton to New York with the EvO~asd i'm fenti0n of .tendsring it als ZfRy rs&lner than buy in tfleir sUUntra1tB lin do5ssn mar ket We ibs13evs WIG ar9 asFit9sii1g a period or good WsztiSsr 1nd ssxpsut vuasilfes to slip as soon us tfiils a0Bu1nfss agvitiSsft. -Fenner and Bean tto Kahn and Wfasin-
 NEW YORK, May u3.-1Iszvys s5llinE early, supposed to be for tthe asoafth aIld Liverpool. ideprssssd Eprirss mIotier1Gtaiy h1Ift the cGntracts wsre absorbed ihy H0ninits- sion houses and prices rallied. azftsr Ntt1ich the market turned wsry dull. nftIe n1sp was clsRr with ,tsnlpsratuess "a hittie higher but ft1s INE6starn ltat 2oraoa1t WzSls for cooler and unsartlsd. Rain yNzzs nse- ported all over north ueezzs iEnd t0Atas-
 
 icharactsrtzsd. however, as nUNDrabfe sls- ,cept Tor unseas0ulble stsnIpsr8tTuss zle- .rurnpwnyinK it. Whe Mkatzilm aSnii- monthly report Bgntaisad nnthtuE aSsil.ss- tiOnal, crop two DsHl1s late. Saczsase m m urease 5 per cant, s1ertilizsn n1 nSsr GseKtt and a Ifttle 1ess plzntsd and up tti1zn ltast year to ffis idztn. Speculation iis lookh1g on fufii May is off the lboaEds 1gsre and h N0w Orleans Is szisO aSSszt<ssiS i1iSfSfSsT crop dexelopmsnras--1otm ac. Clark anu company.
 NEW ORLEANS. May ns.-.aks sast a5Ii- matic conditions in ttfFe Dactun region use- main unsatisfactory. dnsbszd sor lissusa warm, dry weather. lproapsuts are 1ar nf- settled, cooler weather Ior Mtsst gun ddis- triet gsnarally flair szstsrn bsn 0onf- pared with last year ssazpoIts sfEom urnitsu states today ware 2slO00 ws- AS9o0; Sitice Friday 38 coo vs. 5!00O. ti1ua far 1his asas- son 5,027,00 vs. A,16B ,O00. monfoRrosTFS a. m. csusus bursau win make naap1lt 'Dn quantity or lint uott0n scolIsumsd nm uile United States lzst month. Hfetlrrns will run against 4Ba,000 flor 1taFGh 0of uhts year ana 677 GOO for April of Hast. AiSnlft 507. 900 expected. Tt iis reported nsturus at Watkins' Bureau aavsrags tnr1SRae in acreage at 5 per cent crop averaging tspno weeks late. g7 per tcsnt planted wa. s6 psar cent, above ground 93 lJsr uCsnt NlE 0s Bscr cent. An important minus uc1rrsction iB expected to be made in stlTe ilscsil oeeEttiff- CtAlcQ 4ADCA st0NfDIFuNr FtAiiNAls JUL snsAS ~4s was reported us S.DU1 lbilss.-gf5. and B. Beer to J. F. EHiflinRham and Company.
 NEW YORK, May us.-uhe tnlaSiEat ttD- day was quiet and on fhe WiTole sAtsatiy st a level somewhat below llaat nights closing A moderate number oof muttraa on May caused .tsnpuuary asuaifgss in tife near positions. hut dHe aoutstandiiIE siSoltt interest in the ioId crop is llarze asno1lsh to give quick rscovaries. In Runt rtlte supply position tight dtat itt .ta edif- ficuit. even with fl1e antinipatsd f4liitts off in domestic consumption, tto nofaasee the outcome of the old uFup position. 1n the meMntine, tho weafhsr iis mot Ht all satisfactory in rfhe lBouth. Wiirere warm, amy weather is .badly needed tto llat tfe oGEup catch up somewhere uBar "a normal fusNai- opInaut. The traders aaFe Inclined ttD 1fupe that weather win iriauss for itl1e aasttsr after this wet spoil and. lit is ifsli!ssd that a week itsn 9days of dry NeaGtlfer with seas0nable itaHiperatures Woiiln apsNe an effect upon the May l35 condition uss
 port Owing to the Irioderate lreCsasi0n in trade. which Is lmuuh lElisad aAhoaft in RI liues Che lncei Nsufinlent ifH tsearilh. Whatever fhe. 5uatigR '6f insss vista lip| the buainezs attu4ti1H EllFlE ln5zy