The Birmingham age-herald., 1924-04-08
COTTON LETTERS.

l NEW ORLEANS. April 7.--cotton yai-
 ues reacted sharply today on selling and I liquidatihg brought on sby favorable mostly. good weather for the next day or two. Reports that planting made good
 progress from South Georgia. Louisiana and South Texas tended to increase the
 selling and discouraged buying for the
 markets were not encouraging. as whole but private Advices reiterated reports of large sales at a good advance and states that the biggest buyers in the country | were in the market.
 Liverpool sent in encouraging advises from Manshester and reported it's stock
 unable to fill orders from the continent
 Spot sdyices from nearly all sections were Mir. Hester reported fertilizer sales < in ail southern states except North Caro-
 linz; .totai .5 sso goo m tons so far. against l year.-Fenner 6 Reane.
 NEW ORLEANS, April .-z-Aif of the week were absent Monday lwith ons pos sibie exception, spot demand. sand this was not over buliish. as a result the mar than $5 bale. The largely over sold conditionS of the market of last week Goods news was disappearing and the weather turned better, Those who were playing Tor the advance were probably sa.5 ; .
 Liverpool was unfayorable at the open- ing and the weathef map showed no rains oyer the belt The official forecasts were Tuesday The Weekly dry goods and yarn reports failed to confirm the very glow inE oI reports of the previous week.
 rsctiol 0f ls44 bales to the New Orleans showed is9 considerable increase for March for the eight months as compared with
 is2S Spot demand was reported good iron 5i.3,a 9sl soms sources, but there was very side reports were not convincing with the demand limited with little new busIness.~ Levy q Aronson to s. R. Stewart.
 NEW YORK. April 7.--The market has been under nressure again from selling rom much the same sources as before look and the feeling that the tchnicsl position was much easier have been line Sa Sasis chiefly for the selling though per- lne reparations report may have contrib nted, The continued strength of francs ana ana sterling, however. would seem to i'm aEy. pty noperul Feeling on that subject aoroad and though there appears a threat or further labor trouble in England thai would hardly be regarded as particuTarly serious; sea The general run of news. how since though spot news remains bullish there is not as yet any broad forward swseep ss.ep Tn the goods markets where con oipons remain rather spotted. The reac- gion Is entirely natural but the selling today adds nothing to the avaiIable si,ns ply of cotton and in character has been aisunctly less good than the buying The technical position has improved but it is sttn the case that advances should ha Followed cautiously and at some distance
 Post & F1agg.
 NEW ORLEANS. April 7.-FoI,ov,n. |. last weeks sharp advance. the c6tton mar. ket was reaetionary- today. values deciin- ing aa result of lower cables than due. better weather in the interior and he cause of plus correction in the New Or leans stock of 1S,774 bales | There was very little rain in the in terior over the weekend and there was no decided change in. temperature. The outlook IS Tor generally fair weather.gto night and Tuesday except probably un- settled in the southern portion of east Texas with no. change of importance in the temperature. The. recent big advance having been