The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-11-04
COTTON MARKETS.

New York. November 3.-Smaller estimates
OF tho crop and Southern advices claiming
that there was more damage from the re-
cent cold wave than previously realized Inn
parted generally hrmers tone to the cotton
market to-day. and the close was firm at
net advance Of 7Gl5 points. The market
opened steady at a decline Of 497 points un-
Ger overnight selling orders and in sym.
patty with Indifferent cables. hut soon rail-
lied on September from leading bull opera
tors. and improved gradually during the day
on the demand from this source, together
with covering by recent sellers who APP
peared to be influenced by bulish Southern
crop advices and the strong character OF
some of the buyers. Closing prices were
ing. It YVES reported during the day that
the average estimate of members Of the
Savannah Cotton Exchange was ll.7soooo
bales. and that members OF the Augusta
exchange estimated the crop at 1l.so0cco
bales comparing with yesterdays rumored
estimates by others OF 100000 bales, and
recently published estimates ranging from
- little over IL, 100000 up to 49, 900 bales.
These estimates by Southern exchange mem
! bers appeared to create considerable buying
power here'sn competition with numerous pri-
favate adSlcesr covering nearly all the late
sections OF the belt, and indicating that the
recent cold wave had done serious DAMAGE;
the inference being, apparently that the
larger estimates of the yield had been com
piled before the full extent of the frost dam
age had been made known. Southern spot
markets officially reported early were un-
changed TO ,,c lower. There were reports
here late In the day of better export de-
s,nand in the South. and private cables suE,
) gested that the European trade has paid
cornerativelv little attention to tho larger
estimates recently circulating here.
Receipts at the ports to-day Were sr 49, 5000 81
year For the week 100000 bales against s9l,-
iss last week and 4o2.s.o last year. Today's
receipts at New Orleans were 12,si3 bales
against 1913 last year
Cotton futures opened steady and closed
Open High. Low. Close.
Noven,ber s...,......... 1920 i4.o4 4,2S
december ...............l4ao 1919 H.2s 1916
January ..................1i,2o li.s7 I'LL 1885
Mapeh ia i.:s AS
! A Mss ..:::,.:..iiss AS is: lsss
. ,ay OBSERVATION-DISCLOSURES 1880 n:l Has
August lilts li,SV la.Il li,S0
- August opening. asked price.
Spot cotton closed Arm and unchanged:
1niddIins upands. 1916: middng gulf 1850.
Cotton. quiet; middlins. 1875: gross re-
ceipts. s1ss bales: stock ltS,?5S bales; export
IN France. 40 bales: to the contineny l,sco
bales.
Total to-day al all por.s-Net receipts.
& 5l1c5 bales: export TO Great Britain. i,20o
q bales; to France. 40 bales 10 the Continent,
q 1o,a27 bales: stock. 663,GaG bales.
Consolidated al all ports--Net receipts,
+ sa371 bales: export to Great Britain, Nt.es4
bales to France, car baies; 10 the Gonti-
nent ias.os8 bales:t to Japan, So bales.
Z Total since September at ali ports-zNc.
receipts 2.ss6,4e2 bales; export to Great
britain. oss,4e5 bales; to France, $500 bales;
10 the Continent. 77l.l4I bales; TO Japan
a ll.es7 bales; TO Mexico, 800 bales
New Orleans La, November Cotton
q The cotton market to-day was apparently
& free from the nervousness and irregularlty
which marked the trading on "Wednesday,