The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1911-01-21

receipts. s.7i4.:ia bales: cxpor, to Great
Britain. 2.si6.ssa bales; TO France. sio,ala
bales; 70 ;hc Continent i.sTo362 bales: TO
japan. s2.is0 bales; TO Mexico, i,2ls bales.
New orleans La. January 2o-spo, cotton
arm and unchansed middnng, lS-iee.
rive Futures opened steady. 3da points of
on the old crop months and poin, w on
October. Cables untavorable, but after
The selling on the first call hears din not
make much an attempt 10 press their ad-
VANTAGE. Al the end of the first half hour
OF trading The active months we're sac
POINTS under Yesterdays close. Reports from
many points IN the Interior OF the cotton
bolt that d good spo, demand was in evil
SINAI. offerings, and that there every
indications that farmers stocks had become
exhausted gave the marie; steadier feeling
towards the middle OF the morning and
prices commenced 70 recover, At noon the
days close IN tho afternoon session buiish
weekend ncurcs wer" a support TO the mar
ket. At o'clock the trading months were
: points over yesterdays Anal quotations
The market closed az net advance OF "a
: points; February, 1855 March. 1906: MAY,
1913 July. 1928 August. 1915: October, 1852
January. l+.!-
Sow York January .c-cot;on REVIEW
Prices have continued 10 he rresu;ar fluctu-
Atag within range OF abcu; ~ points
Rails have been encouraged by persistent,
demand from large spot interests and spin
ncrs, large exports, reports of firm spot mar
Refs at the south. favorable adyiees from
3
trade IN cotton goods there. and Neiirs re-
Iteration OF his crop estimate of l6o0. 600
bales. With the added statement tina, II tho
t.rottqn could be had the worlds consumption
@. american cotton would be ie.j9oooo bales.
II Is maintained. too that Texas needs more
I rain, and tAat tho menace OF the boil weeyil
is s,ili 4 widospfeadlnc danger. 1t appears
TIN, . per cent OF totton acreage OF Ok
lahonia /. infested with THIS pest as also
twenty three counties in Mississippi and
twenty in Arkansas according 10 W. b.
Hunter. the government expert
AS To tho curtatlnlent OF the production
OF cotton goods At the South and New Eng
effect on the buying OF cotton than Is gem
orally supposed In any case. With the crop
! only lldQoc5o bales. curtailnent will he
compulsory, and VIII % Itself De a bulllsh
movement. l.tvcrrool has been 10 some eN-
tent, aud some experienced people. though
( not SO sure that prices are 70 advance 50
+ to oppose them except il the most cautious
way. on tho other hand, tho rather large
! receipts are 4 stumbling block TO not a few.
4 THEY think the crop is l?.co,,coo bales mini
mum, with the possibility Of l?.25OC00 ba les
or more They ask why the stock al New
York the cheapest market. IS allowed 10 ac-
tho south is brisk 1t is represented 10
he. Then times Liverpool short sales have
failcn on sharply.
Rumors were circulated that tho National
cinners' Association figures on the ginning
during The last period from January 10
january d would he anywhere from 200. GO
10 $4,000 bales against iio.oo for a ike period
last year They were subsequently stated
a, $4,000 tales
Fnll Rivers sales Of print cloth nave re-
American apiners are said 10 be buying
Tho actual cotton .sparingly. Curtalment
e., tai *. is almost or quite ignored Speculation
though quiet Indicates that leading bulls
are sustained by the market whenever IL IL
( NECESSARY Lancashire is doing a good bust
, statistical position is gradually shaping it.
I sclf Tor a rise OF prices later on.