The Birmingham age-herald., 1924-05-15
COTTON LETTERS

NEW ORLEANS, May 1A-R1Hnlsh than generally experasd eams.ed vaHuss to riBs 2s to 4e points aurimg the ezrRY trad fng. The news and the advance fsHHed or the gain was lost latter on aeeaunt af longs taking PrDf5ns The weekly review reported weexda i'm the svu1heHm Rer15an.z much rep2anting nerssslrTs PDar stands i'm account of the unusually coed weather ConBnmptlon WAS within a few thquszmd bales of what 5t was. i'm March, and the census buresn showed mo ewraaEHmen1 ex- cept among New England spdnmerzL Mill stocks were 1is1ed all 5S8-8BB h2lez Bess than year ago. and wareha|se stocks s540BB less, making total aHerrxass a EHruB~ over a million sbaaes- Grassh9pPerS re ported active in many p1lnsRss i'm Texas buying July in New Kgrk and May cun- tinued tight in both markeax- FAHRurs Gf the market to make mnTe ef a rezpauze to the buIIfah devH1pprnenaz of HMe dzv i'm dnced nluuidanaDp pf suEDe 1unzr zwr@wmrx i'm the afternoOn and ss Hnclamimg many trad CTS To the short side--Femner & Beane to Kahn & Virgin
 NEW ORLEANS, May n4-DumezaHe consumptSon for United States ma@uh ct April 4Be.BBD bales Hint wz- A84 G9e i'm March of this year and 5z5.eB9 fer AprIn 2asts was a little less than Eemer7nRY ex- peeted, but the gOvernment-z weather re- port was unfavurzb9e, mam and PuAnRc storage stocks smam and Hhere wRS a. minus correction in the local certhfSrate1 stock of s,s51 haRes. the recent showHng only S-a5o hales vA- Prsvssus running count of 8.DD1-
 The market ruled somewhat higher i'm early morning becanse of rather gsasrzH light to moderately heavy rzHns in Texaz and other sections ef southwest hut real fzing in anticipataon of fRir weather fer major portion of west belt czUae1 vznwes to rule easier im the RzHe Srs1Hmg but showers are predicted fur sswnh Tex1sS Louisiana and i'm aua9h AtRxmGRrs and prospects are for colder weather in the southwest. During April AnmerSczm mill stocks decreased 1TaBBe Raas@ vs- 15slaa9 and total stocks i'm Omitted SszHes de- creased s41,bbB 55B-8B8- KxpNrts from United States August I sD AETin Se United Kingdom 1.5=RBST VIZ 1-@3a-g gAns France. Ssa.s35 vs- 5F25gs= HHaar- 41S- sos rs. 4s1-s25= Germany 1-sT5-5Es vS 5sH.sT1. other Europe. sB1sS2 vsl S7S-- os4. Japan 5aSys92 vs. 5@p-Se@s am ether countries. 1Se.41e vs eBS-9E5= t@taA B. ees.1s1 ws S.s1zsss- The wzretn~uae only AesnB hales #- and B. Beer to J. F. wiIlinEham and C~mFaHr-
 NEW YORK, May IS4-Ths weekly weather report was on the whole Eaaner s more bad weather in RTDEwec1- The crop I is getting badly late. which Is dAmger91s I in these days of weevdH d7mage- Mean
 
 | showed a very small falling 1df as Cgmn- pared to March, thereby once mGre eAlB- | ing attention sharply to the shortage @f supply from the old GrDp- On the ether hand in the present state ef &pEcwe2thW8 sentiment. scant aaasmaRDm as EaBd to any thing bullish. so that while dhe AnAE&9f rules generally somewhat above RRSt Il nights prices there was ID marked re- sponse to either ahe possibility ef mara bad weather or to the cemsgmPdRem fIg- ures- The situation is realty remAr& &ahae because the actual amount Of egaHDn avAhh- able Is very small and yet in AmgEhc7 g feeling persists that aavznces are um- likely and R lower Frfns Fer cMHtum is sure to egenfuRte- The reSlnt Is that not only is the supply of pD1aDa zznanR- but the supply of goods Es eNlRnRy zzmA1a- while the demand in ahis c0sundEy t@T either cotton or goods Hs aa szaEs ef | suspension.-Hubbara EreE- & Co
 | NEW YORK May 1A-CDdamm ranged 2 | to g points higher on covering and s1une
 new buying for lBnx AcrSRna- Hhe cum | tracts being furnished mwz1Ay hy cid EDngS l taking pr0fits. The m1rkEt was verE | small after the first hpur- The main i'm l centire fer purchases was unfErGrah1s \ weather, temperatures StHHa Se0 low and I also the April comzumpaimn @f 480s0GG | bales which was regarded as pretty gDar4 l considering all the ezraaERmemt uaHk-
 The weekly weather repEra was regard l ed as bullish and the western Relu fare- i cast was for colder Many o@mRERHmaz
 came Hn Of nights too con1. plants Bp@&- | ing sick1v, repfRntanE, etc. bun sperznz- | fion continued to aock on zEaRtnug fur l ther deEelopments-John F. Clark and i Company