The Birmingham age-herald., 1919-01-04
Over Stewards Wire

New Orleans, January 3.-Liverpool is somewhat lower, probably as the result Of hedge selling against large clearances from our side in the past few days and selling coming on an undeveoped mar ket after long string of holidays.
 Official comment the political situa- ton is favorable. London and Paris newspapers express satisfaction over the result of the conference between the French premier and Colonel House, The difference in views is said to have been overcome and will be easy to smooth out.
 Our markets likewise still suffer from the holiday paralysis and as suspended activity is usually in favor of the bear side; the further reaction this morning did not come as a surprise. Our mar ket opened 20 to 30 lower on the easier Liverpool bearish national ginners fore cast and the chance of bearish compari- son of mill takings this afternoon It Is awaiting, traders market at present that may run off further temporarily, but there is no change in fundamentals and there is much reason in favor or taking advantage of recurring periods O. easiness to antieipte indicated strength ahead Exports are increasing steadily and in view of the unaltered fact of large and urgent export cotton abroad, development of export spot demand so great particularly abroad that quick ef- forts to get it will almost surely be made.
 Exports for this week promise to total close to ,000 bales. Port stocks are now nearly down toI Hast years figures. after having been as much as 4o,Ooo bales above.
 There is an actual straddle exchange at present over/ the marrow difference with New York and the wide difference between near and distant posfGons. This accounts for the immediate effect on our market of any easness at New York and as that market opened below parity, straddle selling here carried May down to 2612cN soon after the opening. How ever there is stronger opinion attached to this price level and independent de- mand absorbed selling rather easily, car rying May to s4oc before the close of the first hour Bulk of holdings in firm hands and not available to lower bids
 The national ginners forecasts 10 700 COG bales ginned to January i. To make the government estimate of 1l.7W.Wo bales or 800 pounds each, there would have to b., ginned after this date s66,ooo running bales.
 Hester's Weekly Cotton Statement New Orleans, January 3-Following is the weekly statement of Secretary Hester: Comparisons are to actual dates not to close of corresponding weeks.
 In sight for week Ss1 900; same seven days last year. 374, 0oo; same seven days year before. 2s2 coo: for the month, 1s3,ooo: ss me date last year. 171,0oo; same date year before, 13soOo; for season. 6,5e0.oo0; same date last year, 7,7e5,0co; same date year before. a,177,na0 Port receipts for season. 2953.0co: same date last year, 2. .81n 100; same date year before last. D. | 02S,O0o Overland to mills and Canada for season, 565, 0o0: same date last year, a14e00 same date year before, 936,oNO Southern mill takings for season, 2,4o4 o4,oo0; same date last wear. 2,950,o00: same date year before. 2,362.0oo Interior stocks in excess of September ]. s0oo: last year, i TO coo; year before. 1,S50oo0. Foreign ex- ports for week. 19i,o00: same seven days ] last year. 95.on0. same seven days year before. 152, ,06o: for season, 2.n11, ,e00: same date last wear, 2.21a o0a: same, date year before. s.19s.0ao Northern spinrers' talk i ings and Canada for week. 47,ooo sama seven days last year, ss,ooo; for season, 9S7, ,0O0.
 DIt uBUQS | New York, January 3.-Clothes were weak today. trading heinz light. Ya-ns ! were quiet. Wool goods markets were unsettled. Some low prices were quoted on burlaps.
 Navel Stores 1 Savannah, January 3-Turpenti tine, firm 661kc sales, 1s2; receipts, 1S9; shipments, 3; stock. 3l.223.
 Resin firm. sales, 33o; receipts. 1o2I; shipments. 60; stock, 7o.s73.
 I Quote B, D, E, F, G and H, S13.Oo
 I, $13Go; K, s15.70: M. s16.15; N. s162O I, WIG, s16.45: wv, s1s.75.
 Home Persiflage i, From the Boston Transcript | Wife-That huckster who used to chea l us with short measure has been arrested He's in 2 reck of trouble.
 Hub-Well, I hope that peck is ful
 measure. at any rate