The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1896-09-09
COTTON MARKET REVIEW.
All Markets Were Active and Con-
siderably Higher.
BIG ADVANCE IN HOUSTON SPOTS.
All 0rsdss Marked Up rhvss. Fights Of
Csnt-Fsar of = Had bureau
Report.
Office OF The Post.

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eo''o" o'r''es now hNerE ono IN eNP'N'-
n's very u"i"'''"n'e or'p aNe'as'' rep
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drawback liz the heavy movement of cot
ton and the poor outside demand In the
speculative markets.
At iodays session Liverpool was again
very hullish futures opo,ln, ohou, Asa,
1880 rN''
up anu CLOSING p-osup'-otu hlshcr thstii
yesterday. Spots also advanced Lied and
sales were 10000 bales.
ne" io'h iu'"rts opeh'" huohs "''er
yesterdays holiday and prices averaged
about 30 points up December opened III
. GO .a,, -, es, ~, 80, -, I''...-..',
e'-' SOU al go ior '"e io"eS'' nuN"hceu
90 $50 during tho day and closed at $3.50
s6. against sS2nS3s Saturday. Octoi,C
so,a atsl6 ar,,, a., ~. ...,,,,, o,,,,,a,
so" ~ go curry III inc session. auNahc"u
to 500, and closed at bhoWs.W.
In New Orleans futures opened irrcgu-
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'"'' ,"'"e" "'u'"' P''"'s ""oso '"S'
nights closing December sold at S.2i soon
after the opening, advanced TO SAD by
N.Y., -, ae''. q, -, -,
hooil' ana ciose" AZ o'oo9s''h h1ains. o'@f
aS,25 yesterday. October sold at MY Tor
the lowest. reached ss2 by noon and
closed at s'22ds.2S,
The American spot markets were all
active aud higher. Houston and Calves
ton advanced S-Sc. New for &c. and New
osicahs ana Memphis ho Sales were
large at nearly ell southern markets.
A private letter TO Sarsill u Richardsoh
from W. V. King Of New York contains
~ ,,.no,,,,..
'"e ''o"'"s
This market holds very hrm. despite
the Indifference Of iIvsrpooI' our i1reifn
potts OF damage Ia the crop ana are max
ing large margin for eNaggerauon, The
feeling here. however, ~ very builiHh, ana
1t Is believed that with low Or reduced
stocks abroad eNporiss VIII be forced 10
able bureau- about u 10 ~ average condi-
uun- Mhl,h mn carry US ,"", nv m't"t,
ought TO prove n sale for a turn (unicss
Liverpool takes fright and buys Tor IL
does not seem prudent to bun cotton at
present prices at the very outset of tho
scCEon, with the crop Just beginning 10
come In. Later ON, II may 40 10 pun ~
after half OF tho crop Is marketed. Wo
ply OF about l,0S5On bales. assume ms
ne" GrUp az W. ,l d. a. o,iotn,od ,n woriYs
cnnsn:inption OF American cotton will 10
$4,000 bales but JET ns call 1t s.5U.w1'
leaves " Sh'"" ''n'pIc, o'o'"''
New York. September S.-The cotton
.,,,,, t a. -, - oi.o,,,o of o,eo
a''''"o' Nl'''' ~ ~" w "' "' "'.e
81 points on very strong cables and poor
cr1p accounts. Early tracing was active.
A a.,lod -, ,,outa.,,on oaus.d . ,,,ction
~ ~ -,
turned sharply on Liverpool buying orders
atu AZ M, ~, i,,''. ~ ,, a
nsui " ,,,s ,,,nr"rs,",inr ~, "a mon
~ ,Y,ol,Iv ,nvnrn,n,nt cro,, r,nori mud
The market closed steady at a net advance
of ym3g uoints The prosent volume OF
spccuiatbou. while quite large, Includes
omp9raiivoly little OF outside interest,
Inc advance thus far II IL claimed. has
been on The merits OF me SITUATION win
thc dealings coniih'u chsehy 10 '"o pfo-
i"Aslohhi uautss'
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~ y,
soodH ih"het th"ro WIS b"ou p"h'"""s
in cotton goods IN ali directions by spot |
IN which mail o,d.r. udi,d |