New York, Jan. 7.
According to statistics compiled by theNew York Cotton Exchange for the week ended January 7, supplies of cotton brought into sight thus far for the season totalled 10,410,000 bales, showing an increase of 170,000 bales over last week and of 438,000 bales ever the corresponding week of last year.
Forwardings to United States mills during the period under review reached 3,119,000 bales, showing an increase of 65,000 bales over last week but a decrease of 1, bales from the corresponding week of last year.
Exports from United States ports totalled 3.530,000 bales, showing in-greases of 181,000 bales respectively Compared with last week and -the corresponding period of last year. These exports included 159,000 bales to Japan; 30,000 bales to China; 1,098,000 bales to Great Britain and 600,000 bales to Germany.
Stocks at New York were placed at nil, unchanged from last week, while 1,000 bales were recorded for the corresponding period of last year.
United States stocks (in ports and interior towns) reached a total of 5,893,000 bales, 68,000 bales under last week but 894,000 bales above last year.
The world's visible supply was listed at 9,285,000 bales, an increase 94 13,000 bales from last week and of 760,000 bales from last year. American contributions amounted 10 7,649,000 bales.
American cotton forwarded to mills of the world since September 1 (excluding linters) was listed at 5,642,000 bales, an increase of 193,000 bales over last week but a decrease Of 1,110,000 bales from last year—Reuter.
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