The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-03-25

New Orleans, La, March 24.-Cotton-Spot
steady; middling unchanged. Sales on the
spot $50 bales: to arrive, $50 bales; hedged
cotton. 500 bales. Cotton futures opened
quiet and steady at an advance OF EOS
points Official cables from Liverpool were
favorable and private cables were extreme :
w bullsh, predicting wide advance
should the drought In Texas continue over
the holidays. Reports from the EeSp,la l'
crops wcro unfavcrabe. The very iarse
exports from Gulf ports. New Orleans clear
Ing 5000 bales for England and $3.50 LOT
tho Continent, while Galveston cleared ~. :
"a, bales for England and 1885 Tor the
Continent, gave the market STEADY .o, TOM,
although the holidays prevented me soa ~. .
from taking advantage OF them. IN ne g
orternoon session the market continued
steady. but had a firm tone. The scio .siI
Was steady at net advance of 20" poi my:
The market will close to-morro" anu
,,rIay futures closed steady CLOSING
n'ds. u arh i4es nominal; April. 1Ass;
Nav. i4ss; July. 1887; August. l4;s6: sep 7,
.temher. 1910: October, 1924; Decempet''i 1'1' :.
New York. March 2i.-weekly Cotton ne ss
view-It has been Week OF ~ l. ,.star and
"snarts.,, IN liverpool. The result Is that
nrices have shown no marked chanss et "a ~
| way Liverpool has Just star.ea a ssv
| bales for New York for dcnSerS o.' 1sar
\ contracts. and in a few days New "a n" ~
.,i,s l,,i,, send as counter-stroke 10Y"
baies 10 liverpool. During the past mont
| 4 400 bales have been taken from tne ~ :.
4 tined stock here and some OF u ~ res
has already gone f .aS ,hat !, the American
hnll. would ship 6o,oco bales TO Liverpool.
As counter blast Liverpool ai sno y.
assert that in all some eco TO Fo'oVV o N..
/ viii be shipped from Liverpool 20 :. NJ. !,
York. in other words, ~. n,s ,,nrses are
speculative game is on. Three houses .s,'. a ~
| sttnnins,% 10 New York. and the bulls. OF
"Rir Four" Messrs. Patten HAYNES, scales
and Brown. are making the eonE.er ma, ny
on the business chess board MY W. W..
ent,vs aim-5to corner the Ma. option. Man.
chcster has been waking up. Its safes o.
cloths and yarns have been increasing. =.
seems at such a rate thai huu'pet -
mills are resuming work on lui, III. IN,
THE SPOT and .call" business a. A1ifet p ~,
has meanwhile not increased.s&The CONT
nent has been buying freely OF these. AZ
Alexandria, Egypt. prices have latcrly az I
yanced Liverpool has been buying here'
Leading bulls have from. time TO tome
given support, and Wall street mas u,so
been buying on reports OF greater ACTIVITY
abroad and continued drought In Texas
ON tho other hand. however. general spec
;u1ation has been dull. The outside puo!ic
holds aloof. American spinners TOT .he e
most part seems to hold aloof from tne ms
have been small. Some Southern Eadvices
are 10 the effect that the ginners report
indicates that tho crop has been unoer-
estimated. Leading bulls according to the
general belief. have been selling May quite
freely at times to reduce heir load or 10
head off shipments TO this point or 10 for
tify themselves for further manipulation,
1t is expected that English shipments to
this market involve loss OF 81 bale.
American shipments to Liverpool are
either on even terms and much smaller
loss than this. and BELIEVERS In higher
3nr,ces here thinl, that the American bull
Marty can keep UP shipping business on-s
ger than their transatlantic opponents
During the week e small net loss in prices
OF this crop has occurred. while the new
crop has advanced slightly, owing IN part
ITO bad weather.