The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1895-12-15
COTTON MARKET REVIEW.
Continued Demand for Spot Cotton
at Manchester.
LIVERPOOL FUTURES AGAIN ADVANCED
Tho Bulls Are Confident That Much
Higher Prices VIII be Seen After
tho Holidays.
LIVERPOOL FUTURES AGAIN ADVANCED
Office OF The Post,

Office Of The Post,
Houston. Saturday. December H.
! Despite the declining tendency shown
| OH this side yesterday Liverpool made an
| advance of l-6id on futures today and re-
ported spot quotations very firm. The
| good demand for spot cotton in the
foreign markets is considered a very IA
| forahle feature, Advices from Man.
| chester today were quite encouraging
one cable from there stated that spinners
were expected to take their full consump-
ton. The Manchester market is reported
steady, with fair business doing.
The advocates of better prices have not
hauled down their colors by any means
They predict that while there may be a
few squalls during December, these will
only he temporary. and that clear skies
and smooth waters are ahead for the
bulls. AS shown by Secretary Testers
report issued yesterday. the December
movement so far has been the smallest In
many years, This of itself, the bulls
claim, should warn the bears of the dan
ger that turks in the path of all who
are on the short side of the market.
TO offse, this the bears simply point
to stocks at interior towns. which for the
week ending yesterday were not only
larger than in 1892 and 1893. but were even
547t5 bales more than thirty-one towns
reported on hand the corresponding week
| last year. y stock OF 9S7 l5i bales at
tinted states ports, against l.lS7l52 at
| this time last year Is not considered any
| thing remarkably small either. In fact
| the bears look upon IT Is quite point in
their favor.
New York futures opened steady at an
advance of to 4 points. There was
further gain early. in the session, but the
oil lao. ,.I
speculators to close out their purchases
Futures closed barely steady. 10 points
higher than yesterday.
New orleans futures opened steady
TO points up and closed with the same
tone to points above yesterdays prices
March contracts were at S9i early in the
session, but closed at S.I-22 against
S.21-2l Friday.
Livernooi spot prices were unchanged
markets were generally quiet and steady
with quotations unchanged though Gal
weston was 1-l6r off
New York, December little cotton
market opened at an advance OF 3ai
points and closed barely steady at points
advance to point decline. The early ad-
vance was due to better class of cables
than had been looked for. News was
scarce, put what there was Of 1t was gen
eFallE hullish. Private cables reported
small spot offerings at Liverpool with a
good English demand. Local specula'ton
was slack and hesitating, As the session
advanced there was u disposition to sell
| hEt this was checked Ivy New Orleans
parties sending estimates of 100000 bales
for next weeks receipts at the ports TsIs
n,elpe" our market little as the cacula-
| bales.
| New York, December l4-lubbard Bros
Co.'S cotton letter says:
The market today Is a clear illustration
/ of the cOnflicti1r- inft,pncau ,.a,-i- 1900.
,he value Of eo.ton. rvcrvthipc fa,,a,a.,
AN iu,rr,,.,,,,,,,t A., ''"',H '''
,.,,','. =" Prices Manchester
! bought freely. Liverpool advanced, 70
GENTS were coiut,tty,tiyel,, li.,h+ .,,
the adyanec of ,bn ,,,or,i.,,, ,a,,,, ''',N
| 49, "N"'N' VI l'H morning. could not be
sustained ana the market closed quiet
f,'sai to advance is a great disanpont-
"lJsS 10 me entre trade who look for a
combinati don Of factors who ' e@ o. l,'e
p4rent as in favor OF the market and
! VINO are now tho holders of stock IT
! Wuu.u seem that the only factor now
u.Gr'hE ~ INC outside buying demand
MIlch was 50 prominent in adyancing
| p.' III ne carry part of the fan. Wheth-
| e. inns maintcnalico Of present prices with
~. ,"goidol" cnndlllons WIN nnany in
NC speculation To enter the marke, Is a
ahle that the continental and American
AZ he pro'.m ,.,v TO 1,Spiay such apathy
Tho trade eoa ay, rtSGuction In supplies.
next we"k an b,,,ir urine, ,i improvement
nj,
II SAYS; "rbero ,s 'a" r,aaa o o, december
ing In some quarters. where sellers have
more business, India leading. In msn,
directions. however thor, ia aa 10y
scnrcitv Of ,.n,,,.,. ueclued
marked d. dcn morfan 9a. offers, There is "A
| ma5n fro,'' ' t,u lor yarns and cloths
IN rom Esyptian cotton. The decline
ness. There hayn hoon n'sGiou ,riGs bust
China for heavy shirtines 3 riils IRON rom
inlgs and hlcarhing cintG " H'S' aheeI-
fers have been largely nnworK u' rHe F Of