The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1896-03-14
COTTON MARKET REVIEW.
Liverpool Futures and Spots Closed
at n Decline.
THE AMERICAN MARKETS ARE HIGHER
Advanced n Few Points At Now York and
New orieans-John Inman Rc-
ported buyer.
onicc Of The Post.

In response to the weakness shown In
the American speculative markets for the
past two days. Liverpool gave us lo.
cline this morning Of SsIi-6id on futures
and l-Ssd on spots. The decline was not
unexpected and did not affect New York
and New orleans materially, futures ia
those markets closing q few points higher
than yesterday.
one OF the sustaining features reported
from New York was the alleged buying
of John luman. A local telegram stated
that he was very large buyer IN that
market hut little credcnoc was given tho
report here. II was claimed that II lnman
had appeared upon the floor OF the New
York cotton exchange In the role OF n
bull IT would have caused much creator
advance than that recorded should the
report he substantiatcd II IA quite likely
that further advance viii be recorded
tomorrow.
Tho amount IN sight Tor the week was
fn.WO below the same week In lSNp but
ai.WN greater than In 1888. THIS. therefore
could NOT lac regarded "a a hulliah fra turo
though nearly everything olse In the way
OF figures WAS strnngly ON tLo hull Side.
Ing date Last year, and exports were no O..
pu bales, against S0p Ia 1870.
New York futures opened steady with
March points on, though noarly every
other month was the same as Yesterday.
June went down to 1i6 early IN the aos-
sion, but soon recovered this loss, and at
the noon call was back TO 1bl There WAS
a, further advance during the afternoon
ant the closing was very Ktrady 3 TO q
points higher than yesterday.
Now Orleans futures opened steady TO
2'points up. soon lost THIS advance, but
closed 10 g points above yesterday May
sold az f37 for tho lowest aud cloaod at
The highest. Ii2-3 against 1889 yostcr-
day.
Juno contracts at New York arc now
II points higher than n week ago. while
octohers are points higher May COM
tracts closed al New Orleans today ~
points above last fridays quotations,
while Octobrrs are Z points up ror the
week
There was very little change In the
American SPOT markets.. New York closed
al l-ldC decline, but the Southern markets
were steady ana unohm Eed.
New York. March i3.-Tho course oC tho
cotton market today was irregular. with
the volume OF business cuttaicd hy a
ballot on tho commission charges, the
purpose OF which was Ia mako a uniform
minimum charge of $40 for outside &C
counts ana 81 to members, with severe
penalties IN case Of violation. The nicnR-
uro was Opposed by most of the brokers
ana small traders, and was lost hy N
votes The result leaves the members OF
the cotton exchange to mako any terms
the" choose with their customers II 4,
claimed that the larger commlasion houser
VIII now continue TO make special terms
With customers all over tho country with
the result of bringing business TO tho ex.
change that tho arbitrary basis PROMISED
would exclude. After an opening steady
nt partial advance OF points tho inhrlSe
declined 4db, but rallied after the bnlio
wHH announced and closed steady at sal
points net advance.
New York, March l2-As usual on the
closing on days of the sonAnn the dry
goods mnrh"t was on n modified SCALE
though The completed ;mloS were of much
better character than this indicated. with
commission housoS the demand was some
what even, yet for ongagcmonta followed
though very large anlcs wsrc received
through orders through tr1ivecra. Print
ing cloths nominal NJ ~ and followed by
sales Of 5000 pieces At 2l2
New York March ls.--IIubbard Bros q
Co Is cotton letter HatH. win the appear
ance Of ono Of the leading houses OF The
trade aH n huycr the sellcra Withdrew
finding few offerings from outside sources
und the close was steady al tho best
prices Of the day. Th"re ls No change In
the temper Of the trade, which still ok
pccis lower market Tndav's marriott
ruled practically around yesterdays ol9s.
ing figures.
New Orleans, ta March II WcolSly
net receipts. q ,92i. gross. q 7Oi. exports
20 Great Britain. t7,ile; France. l770s,
continent, la.0I2; coastwisc, 7i0l, sales, %,
400.
New York March By cclSIy not re-
ceipts. ZIG; gross receipts. 1865: exports
10 Great Rritnin l37i, France, $50. con
tinent. ems; forwarded, 500, sales. If 0l5.
spinncrs, 253S.