The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1896-06-09
COTTON MARKET REVIEW.
Drouth Reports From Texas Helped
the Market.
NEW CROP DELIVERIES ADVANCED
A. Now Yorh and New Orleans -l.iv erruUi
sputa and Futures Wore Lower.
The Crop Conditions.
onice Of The l'ost.

Saturday tho cotton manlpmiaiors ct
New York refused to respond TO the sur
prisingly good ndviccs from Liverpool,
claiming that the Improvement abroad
was offset by the good crop reports from
Texas To-day Liverpool closed with both
spots and futures icwcr. but tho American
markets ruled the day ut AN advance IN
new crop deliveries. New York 'o'"-
grams stated that the better feeling on
this side was due to tho fear of "A serious
drouth In Texas.
Evidently tho shorts are just finding
on, that 1t takes u pretty blk aprinkllns
20, to cover the cotton belt of Texas.
and ARE now willing 10 believe that II
lpht rain around rossum'tNt wonldn',
have any effect upon crops near l'ngvillf>
ico milcs i,rtnn,, Th"rc were rains IN
Texas Saturday. but comparatively few
places fc,, the effects thereof, Tomsrams
from Austin. TAYLOR. nastrop, Iao;rangc,
souly. Marion nnrwrod. Wnimar. Rosen-
hur.; lirenhain. Calvert. Hampstead aud
rrynn reported no rain to-day. and not
much prospects therefor. few points
had some clouds TO report. but not n drop
! of moisture The weather IL dry and hot
nearly everywhere aud ia undoubtedly re
/ II d.,
| i'''hE II 10 nun ''''''''"'.,'.
'NiON''" "''a ''' ~ -, ,,,,,,
'''"he" So'h' ''''''"'' '"
| have hccn conc.
| New York futures opened steady mr. II
! ,,,c,lnc of tn A points. except on ~ few
W. 49,, -. ,.
OF wa d's'hn' PoH''"hs ""''"
| chanpca. An advance incurred hy the
,..,.,,a sal, ,nd IN. closing WAS 4 To o
| ,..,...,a a., ,,,, ,.,
| lhililN Nltll'i ibNu ''s'N"''"S WV NV ''@''
| crop positions
| M, ,nr... s,r,,pcr months were 2 to y
| -, ,..,,., MS,
| points on, nhow'nr weather ''P''s wy
! nov ruling the inarlVst August opened
| N, : az arnn,,.d To A. thcn advanced to
. ,,,t- q, m - ,,,,,..
| iH. hn' closed AZ "4p""'"' w '''''s'
| lower than saturday, petohcr rold at
G,9 ,n ann onrninx cal,. dropped 10 $50
bnl quickly recovered an" NY P' W. ""N
! quoted n, 6.ou The closing was a, ts6u
| a n npnins; d. s,ai6 81 Saturday.
! -, ..., ,,.,o, H.,
New Orleans futures opened nu'e''- ! ="
| & points of. hui cloTod To points "h"Ve
| S,tur,i,y's rnai nrtres August opened
| . css I'D, -, M ,,r ,hc h,,.h,., ana
| Nv Vow ''iu "' D'v W. WV
closed at 6HaQi@93.
| The American spot markets were nearly
| M u"'e' an" "''o""''Se"' H'''' WAY ''''''
NJ N'w ''''"''s'
| ,,.app 4 60. of New York give the fol-
| lowing acts. neurcs and conclusion In
| ,,.t, ,,,,, ,.,,.,,.., ,..,,.r.
W. wv NAM - ,,. .,. ,,.,
| Many States report blooms are TWO
| wccks early and prospects tine best. These
of old cotton from first or merchants
nnnlA nn' .nvou'"n'H si nn,'i ,,,'',.ns ~
,,,tton r,t,,rcs. a Memphis authority
estimates the acreage Increased * per
erase IA * nor cent Abo,i, fourteen
| dnys ngo when did crop futures were
| INV. h"rn Skinned from Iiyorpooi TO
| mn,,, Nn,n az, -, ,,nr,, a,,.,ii Ina. nna ms
t t>" ,',o,',,,ty rn,,.c,i NV York huils To-
| Nh, ,,,atr I,',,,. mn hn,ns 4, il. pnusihl.
| u,pi' ''"i' iu,,'N uliu "o. r, ~ ~, '',,',n
.,,M ,o.N ,,,r ms, nn,iiur ont
nnnM ~ ptr cen. "' ,,'' a,r '', u, St,w
| tp''niHs n''''h ""S Ni"' NV" ~, "nn
| Nnl'i, my w." ~" ~, ~ ,''
| proved NOR" III May, IN" p'"ih' '"' !"
Ansnst pr,e.# are We pound higher than
yoar. and about the ZANE aN In 1914, and
| above the average price IN June. ls's, niii
higher ihnn tho -four Noais. nYorhEe III,
| nmpA Tor all necessities, ani aigaren'iy
sufficient 10 allow ,ho market TO decline
ii cent u pound.
4
\ Carpill received The following advcesa
| NV yor,, ,oso n m Market losn,.
| I'irmer tn no rains In Texas yesterday or
,od,v eoudhcim
| E.wi orlcnua 1,4j n m.-pry weather
| a.. ~, ,,n,,r, ~" " ', A., ,n,',r No
~ ~, t,.t',,''''s ,, ,,ni Il ia 10 a saio ~,
9'',,h.', ,,,,,rn,'sn,..n, nuih,ri
| i"f'hrf inP'o''h''ht ''"'p''''
| ,,,, , ~ g., N.., y.,,
| i'npbh't 'H"S' w. ~ w" ~"
| wired -. u. cherry nj loB n. M: TN
"sS V" t ,a,v t ,.r,' ahm,i
'""N"' '''''
N.w York. June The cotton market
| m, ned stari~ wpb n,ices ON m. cali
| ,,,m un,nts hluhnr 10 z lower. Contra,
| dietary tdvi seq mud pujniara rospectin,,
| r,i,,s In 'rcxuu cu,sri hcaitntiuu 'rh,ru
| LAG su,riai liu id,t lion of July ,oniIu.t,
| vnleh rui,sd n decline OF pounta Ia that
petlfrn, whlIu The rest OF The list nd
| vnnc.d laia points. The old bun party
h" nr,le9IiTly 70 Arsns v., ,nus ap I', ,s.