The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-05-13
COTTON MARKETS

New York MAY l2.-Cotton market dpVcl-
oped considerable activity and strength after
comparative quiet morning ana prices
made new high ground tor tho movement
with the close steady al Il net advance Of ~
points. The markc; opened stendy al mn
advance Of points 10 a decline of pon,
owing Ia Tho holiday there were M, ,abla.
from liverpool ANA the early trading hor.
was very quiet Reports of scattering show
ers In the eastern belt over Sunday. and tho
official forecast for continued showers i'm
most sections east OF lie river seemed Ia
encourage some scattered ~ci;.ne. nut gen
ous private crop complaints aud continued
nervousness as to the near month situation
owing To further shipments from IN. local
showed little tendency until around midday
when the detailed weather reports began
&c come In These confirmed private shower
reports 10 some extent. but indicat ed no geu-
.ral or soaking precipitation In the eastern
neIt, snrh as many regard desirable, while
they also showed unseasonnbly low tenpera-
lures with frost noted AT some points in
m" Caroiinas. Scattering shorts appeared TO
become more nervous ~ a result Of the cold
weather news and .alE az delayed gerinins-
ton which ais" proved the signal for In
creased support from trade buns or reaction
is's. and the market worked sharply higher.
July contracts sold up TO HISS The best level
reached since that position touched iis. 10.
ward the end Of April. while tho active
above the closing figures Of sa,urday Real
'zing checked tho advance and caused mod
Sfs w ine' re"ne in lht s,s rsd'ns Live
hut VIII he closed again Friday and satur-
spo; cotton clos~d quiet. midding uplands.
i:.io; middlns gulf. 1885
Saw YORK. May y rhe Cotton Exchane.
here will he closed Oh May 30 and 81. Deco
ration Day and the saturday following
Cotton; auie,; middlins l2lo gross re-
%eip pis s.;t9 bales sales 500 eales: stock.
bales: 10 France. 1so' bales. 10 the Cont
nent 52?! bnleF C"as,wise, Els bales: 10
Japan. 500 bales.
is bales: eNpor, to 6 eTest sri,aI% @'sp !S
hales: 10 France. 1850 bales To tho CONT
n a.s 1880 bales to Japan, 900 bales; stock
Is s 80 Ssi.. .,D%, al r.eepss
bales; 10 France, SnlP bales to the Cont
nent 1870 bales 30 Japan, 900 bales 10 Mes
leo. Il bales
total since September At all por,s-Ne,
Britain, 100000 bales 10 France. sSe s5i
bales TO the Continent. 2ihS 81, baIes TO
Japan. sss5ss bales to Mexico le.l 6D bales
New Orleans. May 1.-THE cotton market
was quiet o-day. trading being more or
less restricted by the holiday In Liverpoo!.
noon session small net advance WAS
brought about by steady demand. The
opening was steady ht decline Of sa5
points the rain over sunday IN the Al
ianticE. Toward the middle uf the mornlne
the market sood aCs points down which
the low level OF the day. \ li,,i. later
weather reports showing an averas. ma 81
temperature for the entire cotton bolt
yesterday OF only &c degrees and an average
minimum OF "a. In the afternoon the mar.
Rei went 5aG points over the level Of ss,
urday's last quotations The closing wa,
steady at n net rise OF ia5 points. Spot cot
sales 500 bales and l35 TO arrive. Cotton
futures closed: January 1928. May l22h
June. I2l6: July. le.os: August li.G7. septem
Der. ll.32 October. ii.20; December. ll.20