The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1907-03-02

god as expected, particularly was this
true as regards spots, which remained
unchanged on small sales of 5000 bales,
middlipg, GA. An effort was made to
hold the early advance established in
American markets, but failure of Liver
pool TIC respond caused promoters of the
bull movement to withdraw from the
market, which display of want of con-
fidence was taken advantage of by
traders. by realizing on long contracts,
with the view of replacing on any recess
sion of Importance that might come
about
As was expected the weeks insight
was rather large, about 100000, against
10000 last year, and $4,000 year before
last; so were expected arrivals at all
ports for tomorrow, relatively so, pointing
to about $4,000 against 1900 year ago,
and 10000 year before last
The movement, however, is not expect
ed to drop to the level of arrivals of two
years ago for about two weeks yet, and
since only seeing is believing the public
prefers to await such developments,
rather than follow the advice Of surface
observers who are of the opinion, based
upon arguments of logic, that change
favorable to the market in the way of
a sharp falling off In receipts Will sooon
take place and 1t is upon such con-
clusions that they have been buying
quietly in anticipation of good rise In
values later on.
The census report due about March
Goth, which is expected to show total
gnned for the season of about l3eooooo
bales, is the document that leading oper-
! ators will introduce In support of their
claims that the movement to market
thereafter will be from 100000 bales to
1000 600 bales less than the amount
brought into sight after this date two
years ago.
The movement would indicate larger
figures on the part of the census, but the
point is raised that the crop has been
moved to market faster than ever before,
and 1t is further argued that the larger
ginnings than last year and year be-
fore last west of the Mississippi river
since January 16 will be shown to have
been offset by smaller ginnings than dur
ing the past two years in the eastern
half of the belt. Meanwhile conditions
will become more influential as factor.
by sharing in the shaping of the coprse
of the market. Texas is in need of good
drenching. and while the central and
eastern sections have been thus benefited,
good rains having been reported from the
Mississippi valley and South Alabama,
fair weather Is now desired east of the
Mississippi.
Hester's Monthly Cotton Statement.
New Orleans, March 1.-Secretary Hes
ter's New Orleans cotton exchange state
ment issued today covers the monthly
movement to March !, inclusive
Compared with last year it shows an
increase for the month in round figures
of 413, 600 bales, compared with year be-
fore last an increase of 637,000 and with
1904 an increase of $4,000.
The total for February was 1,253,6H,
against 750651 last year, 616,39l year be-
fore last and 719, ga same time in 1904
The movement from September l to
March l. inclusive. shows receipts at all
United States ports S,245,611 against g.
pa 496 last year. 7,0S9,792 year before last
and 6,426153 same time in 1904; overland
across the Mississippi, Ohio and Potomac
rivers to northern mills and Canada
91S,S66. against 677,166 last year, $685. ga
year before last and 7S3320 same time in
1904 southern mills takings, exclusive of
quantity consumed at southern out-ports
1456, 900, against 1,375,97 last year, 1,29S,O0o
year before last and 1,213,500 same time
in 1904; and interior stocks in excess.
those held at the commencement of the
season 451,001, against 49O,S7S last year,
SIT, 322 year before last and SO6,273 same
time in 1904.
These make the total movement of the
cotton crop brought into sight during
the six months ending close of February.
II OH, 4s4, against S,76s, 49, last year. 1904
74S year before last and S,725,246 same
time in 1904
Northern spnners took during Feb
ruary 292,149 bales. against 2O2,203 last
year and 1s2, 927 year before last increas-
ing their total for the six months to
/ 1872, $50. against 1.721355 last year and l.
500, 045 the year before. This makes their
average weekly takings for the season
74,751. against $3.50 last year, and 5S.o93
the year before.
Foreign exports for the six months of
the season have been .4t9 bales. show
ing an increase over last season Of 1854
sol, and an increase over the same period
year before last of 5S2S2
Stocks at the seaboard and the % lead
ing southern interior markets on March
] were 165i,735, against 1.4403G3 the same
date last year and 1,21O,229 the year be-
fore
Including port and interior town stocks
left over from the previous season and
the number of bales of the current crop
brought into sight during the six months,
the supply has been II ,136,a25, against o.
2lS,013 last year and 9,766,71 the year be-
fore.
Up to March l last year 1856 per cent of
the cotton crop had been marketed, and
for the same six months in 1905 the per-
centage of the crop brought into sight
was 20. 80 and the same time in 1904 the
percentage marketed was S7l9