The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1911-01-07

$3.50 bales: export to Grca, Britain, cs.4s,
bales: TO the Continent, lc.iso bales. stock
c9nsolidatcd at all ports-Ne, receipts.
,6ssi.i5i bales; export TO Great Britain. -
80 sG males; to France, SeSe9s bales; 20 the
bales; TO Mexico, 1915 bales.
New Orleans. La. January s-cot,on-
Is l5-idc Sales on the spot 800 bale. and
l,ito 70 arrive. Cotton futures opened firm
ana uncianscd 10 points ur compared
with Yesterdays close. There was little do
ing around the ring following tho first cali.
ana Il was evident that the pending census
report on ginning stood in the way Of fresh
business; May at one time stood points
up. but at the end of the first half hour OF
iraIlng prices were imS poin,e under ycster-
week was somewhat larger than expected
and causd slight sag late In the morn
ing. ~ noon the trading months were ga
points under Yesterdays close, Mill taxi
inEs for tho week were larger than eX-
pected, but the fact that Monday is n holi-
day in this market because OF its being the
anniversary of the battle Of New Orleans
ana that the census report on ginning VIII
be issued the nrst thing Tuesday morning
leaGinG months were i2d II points under yes
lerdny's close. The market closed easy at
i,m net decline Of taio points Closing bids
May. i5s; July 1888. August, III.
New York. January 6.-weekly Cotton Re
MISREPRESENTATION in cotton this week has
heen lisiless and confined for the ,nos, pa ri
10 professional operators. Irreguarity OF
prices has been noticeable. hut on tho whole
quotations nave been pretty we'll sustained,
despite certain amount OF bearlsh senti-
ment among commission houses who have
movement OF tho crop TO market: the slug
Eishncss OF trade and the indifference of
the outside public toward spcculation n, or
near the 10 cent level. There has been a
fear. too. that the next ginning report NAV
be rather hearish, showing a larger total
than most people had been led to expect
Also the New York ccrtifcated stock CON
tlnucs rapidly 10 increase aud some regard
IL as standing menace 10 the market Not
a Few spectators long on the market have
sold out In disgust, owing to the persistent
iassitude OF Tie speculation, Now and then
stop orders have been encountered Liver
traders have sold. on the other hand how
ever, the Liverpool spot sales have been
large enough TO indicate that foreign spin
ners were buying there with n certain free
dom. Lancashire trade is active at frm
quotations. Greek interests. usually we'll
informed. insist that the East Indian cror
Is lWeu" bales smaller than that OF last
year. The Bombay receipts certainly show
a noteworthy reduction thus lar this season
spot quotations al the South have been
quite steady. Very large SPOT interests hav,
been among the buyers of futures here
Sp!nners have also been buying futures here
on any recession. At times tho receipts ~
tho ports have fallen OF noticcably. This
was attributed 10 cold weather. but there
are those who belicv ctlIai before long The
decrease VIII be at once permanent and
sharp il Is argued by mol few that there
Is no surplus OF cotton ut the south weigh
ms upon INC market. Exports have beer
liberal. and they expected to reach Z
large total during January Very large New
YORK and Texas speculative interests hav,
given support 10 the market from time L
Time u is believed by many that trade il
1911 will show u considerable improvement
over hat al ;ai0 in conjunction with an i'm
proNemen, IN general business. OF which
they think they sec signs already. But To-
the moment it mus, be confessed that tn,
cotton market Is a languid affair. in whrici
Inc majority Of people waiting fu
something new to develop Tho public /,
plainly loath 10 embark In aggressive bul
speculation AT 10 cents unless some;hin;
new shall appear to give them greater conh
dine. or until. the bulls demonstrate thcii
ability To Imt the price M sharply and keel
IT w ana advance it TO higher and highc
levels.