The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1895-12-11
COTTON MARKET REVIEW.
Another Good Advance Ia Spots ant
Futures.
Tie GOVERNMENT REPORT HELPED
II Indicates = Very Small Crop -- Goo,
Demand for Cotton From For
eign Spinncrs.
Office OF The Post

HcuStOf, iueSuby, DtCetupcT ~
There was another advance In all mar
kcts today. both spots and futures show.
Ink an Improvement. The gain has heen
a steady one for tho past three or four
days, and March contracts are now about
80 points higher than last thursdays clos
iug This advance has been due to n good
demand for the staple from foreign spin.
ners. "a better feeling In the East and
anxiety OF shorts to cover In -oryicr TO MI
contracts for December shipments. There
has bcon no excitement shown and moth
Ing Of II huiish attempt TO cause fcti-
tious riss has manifested itself The mar
ket has simply responded to builish fac
tors THAI wero considered worthy of rccog
milton
Today some boarish features In the
statistical position were developed, bu,
they did not cause any chook IN tho up-
ward movement OF nriccs FOR, receipts
were heavy, being iSSss against 81 $50 last
year aud the iulrrior movement was also
quite large. Houston received i5.s0i bales.
against ea1ig on the corresponding date
last fall, whiio Memphis reported Sn5
against $3.50 New orleans received II biz
amount to-day and expected very heavy
receipts tomorrow.
Tho monthly report of the government
bureau was construed hullishly. ana had
cunHld"r1blv eucct IN keeping up prices
" Va !, III ,,,l,",' Mns rvV'iN'i -. W
cent of last year or 6.Sil.tsn isiles OF 40
pounds. This estimate waN madc from
ane . Su ,,a - maj roturhs from county
MHtgl tha, inc crops were completely
s,,tt'1 1h, guy h, ""rH,vVp ,at WE "su
unusually early marketing throurhout
me COTTON area. with an almost total
ria 90 ~. wv Wy Nrpp'
report. deciarln. INN Al is nn mar ia IT,
renod uuon Than other estimates isaucd
Ivy tnis uohnu tlen' many OF which have
prsnit. tbts ION sven w. c,,,,,,r,, i ,,.,'
to hc Impressed by its hullishnoss ana
naturally this caused u better spoculativo
demand ana held nricos m.
Now York futrtra opened steady at "A
declinr OF TO voiuts, which was soon
reEaincd. by noon the market was o.
POINTS up, and the advance continued un-
IN the closing calf when pricrs were H.
points higher than Yesterday
New orleans futures Ind A similar anon d.
ms. and also recovered the loss before
uricos n gocd mn and the murttot ciosnd
iirm u points above ycsterdny's luotl-
tioua Mnrch contrahts sold to 10
against Nt7-lS the day hcfurr. and 7pl
luAt Thursday
Nearly al nnrkotn advanced spct cot.
ton. and reported q Rood dcmand Liv-
trnDol sold 1860 bales at l-2sd advance.
Now orleans sold 400 aud closed very
firm. prices being l-lGr higher than ycstut-
day. Memphis advanced Lice. sold ZOO
nud closed nr'n. Houston aud Savannah
closed steady. and Galveston arm. an
marking prices up i.ibc, New York wan
New YORK. December lp~tuhhatd Uros.
4 Co.'S cotton letter HaNA;
Tho reat,iro of HE market to-day bna
b.on mo ,uhli,nt,on of ,h,. e,,i,r,,t.,a az
NV" Wv P"'''ti''"' " wv f''l"'"t'S VI
the crop TOR TINS HcuSou Icy the aErirul-
thral department This estimate mni,oA
tbo cron Il M o0o h,tos lu,a.d am en-, avon.
NV W u'''''''' ""'''' '"N'' "'' an 'NV'
ago OF U'A pcr cent of last years crop.