The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-08-13

Cotton, quiet: middling. 1870 gross res
sceipts. ~ bales; sales, loel6 bales; stock
l1Sl,630 bales; export Coast wise, 50 bales.
Total to-day at all. ports-Net receipts,
4I9 bales export to France, 3.131 bales;
stock eSs,sa7 bales.
Consolidated at all ports-Net receipts,
11,2ol bales export to Great Britain. s,Sl0
bales; to France. 1850 bales; to the Cont
nent. 20,a34 bales.
receipts, 7,oas.71s bales; export to Great
Britain, e.3io,os1 bales; to France. slo22l
bales; to the Continent. 2.s3s,524 bales; to
Japan, e3,4s2 bales: to Mexico. 1884 bales.
New, Orleans La, August u. Cotton
Futures opened quiet. unchanged to
points up. Gables were not favorable, but
eaa the os
try, Soon after the call the forecast ior
the entire cotton belt WAS posted. It called
for showers, and prices Immediately re-.
sponded, going to s points under yesterdays
closing. Toward tho middle of the morn
ing determined support was offered the
market, apparently by prominent bull m
10 points from the low levels OF the early
trading Around noon the market zdevel-
oped a sagging tendency again on reports
from Texas that the extremely heaVy re-
ceipts of new cotton were causing spot
prices to weaken. Better crop reports also
came from many sections In the Eastern
half of the belt. and a number OF points IN
the West sent In kilograms reporting rain.
| AT noon tho market was sos points down
! from the high levels OF the morning.
In the afternoon the market sagged again
under heavy receipts OF new cotton In the
West, and reports Of several new bales In
Louisiana. The market closed steady at a
net decline OF 1@S points. Closing bids:
August, 1900; September. 1891: October u. 20;
December. ls.42; January. 1871; March, lS5s;
May. 1867.
| New York, August 12.-Weekly Cotton Re-
view.--Texas and its drought has boon the
| chief topic in the cotton trade this week.
4 sections where 1t Is needed the most, !. e..
/ In the Central and Southern districts, and
| there Is a general belief that further deteri-
| Grafton in the crop has taken place. as tenn
i peratures have been reported daily at many
l stations of from 100 to l07 degrees The
active buying, and further rise in the
| price OF the new crop months, August has
\ moved up In company with the new crop.
| but interest in that month has been COM
\ paratively small. Unfavorable reports are
] still being received from some parts OF the
! Eastern belt, despite the preAlence most
| OF the time for fortnight of favorable
/ weather conditions. The crop in some sec
tions Is stu said to be small and late. Re-
! ports of spotted condition of the fields are
1 numerous, Some take the ground that over
l three quarters of Texas there has been a
i considerable decline In the condition OF the
/ crop since the data for the last government
reports were gathered, The belief still OK
| lists among many that the total ytod Is GER
i tain to fall below 100000 bales unless ex-
| ceptionally favorable weather conditions
i prevail during the remainder of the grow
ling and the picking season. At times reac-
| tons have occurred, owing to the rains In
/ Texas The reports of precipitation caused
active selling for both sides OF the ac-
1.count. tlig3ni