The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-12-24

-,a " ""lili, Ssotu udIESt tC
Total since Ssasptember At all ports-Ne,
Tsssp5s 5 20 z, bales exRert 70 Great
6ales; 70 the Continent. t,5nt, 25s bales; 10
japan 5l'S'5 bales; to Mexico, LIS bales.
New Orleans, La, December 25.-spot cot
ton very steady and unchanged: middiinE.
~ lS-l6c. sales on the spo. $50 bales and 500
! TO arrive, Futures opened steady at de-
cine OF 90 points Cables were about as
siderable rain IN Texas, which stimulated
seilins among scaipers. After the call ali
the trading months stood at decline of 4
points At the end OF the first half hour of
trading prices were 23s points under yes
/. terdays close. There was little business
around the ring at any time during the
morning the trading months were tQ5
points under Yesterdays close but toward
noon offerings became very scant and a
few small buying orders in the hands of
the commission houses served TO Put prices
up. At noon the active month were point
over Yesterdays close In the afternoon
O'clock prices were point under yes
terday's close. The market closed steady
at net decline OF ? points. Closing bids:
December. 1876 January. $50 March. 15cs
MAY. l5A'; Jui,., 1880
New York December 25-weekiy cotton
Rev!ev.-lt has been sn uneventful week
measured by the swing OF fluctuations in
the cotton market. The upshot is that the
bulls have about held their, ground despite
the fact that last Tuesdays Census Bureau
quantity from December TO December Is
was 55s,7To bales or something larger than
the trade had been led TO expect from the
figures OF the National Ginners Association
The crop is estimated by not few at any
where from li.5Qo0H0 to I1,7i0 600 bales, and
even Ellyson has raised his figures regard
o2G09o for the year, Neili insists that II viii
be i250o,Oeo If the cotton can he had. Bulls
inquire how in these circumstances ans
body can logically predict anything but
higher prices. a1anchesters trade is s,iIl
brisk Rail- Brothers stick TO it that the
East Indian crop VIII show falling on
whatever the East Indian government may
say TO the contrary Lancashtre,s East In
dian trade s good Even an English author
itT says that during the last three months
there has been distinct Improvement in
the English cotton trade, and that Ian
cashire sp!nners are now working at
proht,
filled with good demand. The indications
1T is stated. point TO a continuation OF large
exports. They are already about $4,000 bales
ahead of those for the same time last
BUYERS of May and Iuiy, and spnners have
also been among the purchasers II the
IT is also pointed out that there is little
weak LONG interest in the market on the
other hand, receipts continue large, the New
England cotton goods situation is described
ton, threatens New l'lgland curtailment
early in 1911 II trade does not improve. the
stock here is rapidly increasing, Liverpool
has laterIy sold to some extent and some
bulls have sold out in disgust owing to the
absence of life and snap in the speculation.
Some insist. too, that the crop has been
greatly underestimate.
AS the case stands, bulls arc more as-
gyessive than the bears. The market in the
meantime is really waiting for something
( definite 10 develop, Trade demand al home
and abroad is supporting prices in the alb
scnce Of general public speculation.