The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1895-12-05
,OTTON MARKET REVIEW
liverpool Sent Over Big Decline n
Futures.
HE AMERICAN MARKETS ADVANCED
Half Weekly Iutertor Movement Wa,
IL IN, As Compsr~d WI h Frevious
Years-Cotton Points.
ONCE of The Post,
Houston. Wednesday, December I

Liverpool came to time this morning
with u decline OF d-eid. which was quite
disappointment to the bulls, though ,he
drop was natural after tho weakness
shown o. this side Yesterday.
The decline at Liverpool. heavy port
receipts AID rather large interior
movement at several points, together with
stop orders. all combined to give the
American markets n depressed opening,
when was not materially changed uuu
toward tho close, Secretary Iioatcr's re-.
port OF the half weekly interior move
NETT and reported covering by shorts.
caused SHARP advance during the after.
noon both NJ New York and New Orleans
,nteiior receipts 40 far this week have
hein 5000, AGAINST 1851 NN same time las
year aud pS Uu0 the year bcofro.
IodaNs port receipts were only 500 less
thhh lRht year. Some Interior towns nlsa
Mporttd a big movcm nj Memphis r1t
t'N lales. against S2gi last year Iloua
Ton bnSi. against a3ji and Augusta ttdl
hthlhH 10 SO tar this Week the Dor
receipts have been 1900 more than the
same Tine last week. while the interior
movement mp 10 last night hid IN
creased SON bales. The movement for thu,
NMoc'T ports and interior towns com
mined. Us expected To show an increase OF
'V@r ms, compared with last week
New York futures opened easy O 10
points on. and on the second cnlI wrre
stll deprcss 4, though showing a stendief
s... iff'N ~ ~ , NH Ni llF
", rrhae. and by the cl sing call wero
about points higher than yes, rdhy
IN, openine al New orleans was
steady. with futures down 10 IL points
ON inc second cali about half Of THIS loss
hh8 hocn recovered and the murkot
closed steady 20 points above yeftyr
opched at EI, advanced TO 500 toward
thu Il go. against S110S yesterday
t9ulug of In the spot demand wna
orc Of tho wnrsi features Of todrv'g .cp
~ VA. and caused IA decline nj MI
ing markets. IS rp0nl spotl were on
lwl' ito2N bal % being aold. An the
american markets. were quiet. ANA
mhfhcH Prices down l-i6
Now orleans expects eOoo u ZOO bales
'i1llfov iTalta II iA last ycnr ilpun.
ton re, lpts arc estimated at 10lo 70 s,N
asnins. 10 N9
rtrort on tho cotton crop OF Egypt. r.
sued by the Alexandria GENERAL pr',tp,p.
association. states thli cotton haa r,u
tuiel WeN In that country the tagiilts.
We satisfactory, and IN general have pro
' pp,r EEypt II excellent ON the other
uhhd, mat of the Fayuum W tao. 50 good
~ eonH"luence Of tht dlnnwc done by
IN" Wo'nr N'Ncr'he'oss The two prov
luc'H together VIII give about no 0ol cnn
tue against ?61 Q0 cautnra last rcpson
IN 1ne' token altogether the informa-
Won ~ COOL Tho crop win be- a. cyco.,e
ny thni % 1881, and. keeping account of
the rather mcrclscd ncrtn.S.. il IA r.tt
mated that 1t viii reach from 5ogoG, IN
5.2.OcH oantars.
New York. Doec,,ibcr A-lIuhhn,a pro.
Co.'S cotton letter The market oponel
with sales of March at klA 10 IS gn ad.
Nan.ei to So. ant after selling ~ $40
,hl'l AT hA ~ J y N. The drolmc in
Liverpool was startling to tho trnde this
morning, but there rs no disposition to
anticipate further decline, ant the local
tradors wero large buyers durlnr iho
forenoon on onch deliluc AZ one time tho
frnli-weokly receipts estimated at 1900
bales, aR.inst 1900 bales last week. hAd
buy rs, but this loss wna uuicItly rcrov.
tfth, u IN generally thought that no ne
ti"hs decline can occur from present
prices except through either an inorpaHe
~ me movement o. heavy receipts ana
shlpments from India 'ables from Nv.
erpgol r.nqrt The feeling In Manchester
10 be decidedly bullfah and while tho
HafFot there iH lower the updettnne ia
steady and a reaction rs expected from
IN" liquidation uf today n would seem
therefore that the situation viii De GOV
"fn,u by the offerings of cotton from tli,
south Tho market closed ht the beet
prices Of me day on the rmor that Nh
Ncil would issue Ii reduced crop rft!mnic
Traders are dlttared - walt the puhlica-
ton Of this cStimntt and there has bcsI
quite an amount of short covering during
the day.
New York December l. -- Tho cotton
market opened oaHy NJ n decline Of G0S
points and after Increasing IN the n.
cline Of bui0 poin's rallied and cl scd
stegdy AZ an advance Of 2US points. Sp
lido lower. The eu ~ loss was hc resu',
OF brace Of early cables. public and
rrNate come ~ the latter claiming that
tho irish cotton minnera wcro discour-
Hwed win the outlook A. the came time
the demand from rpinncrR f. rather bet
ter than for tho past few DAYS 'fhN sub
ro~unnt roarb"'s WIRE ropnri"f m firm,
With srnnt offorinYr OF spot and n demand
FROM e~porisrs SOrnc - tho h'r local
traders were short this morning. hui tcoh
niniuu and covered before the day WA
out The f"oiing toward the close was
rather unsettled.
COTTON.