The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1896-02-01
COTTON MARKET REVIEW.
A Decline In Futures at Home and
Abroad.
JANUARY PROVED A BEAR MONTH.
War scares and Financial Troubles A nile
ted tho Market An Improvement
Expected During February.
office of The Post.

Houston, Friday, January ii.
After week of ups and downs the
American cotton markets closed today
about points lower than last Friday.
The decline during the month has been
about Ii points at New orleans. On the
last day OF 1885, Just one month ngo,
March contracts cold IN New York at
s,2S-e2, and May at s.So-s2, against 100 Tor
March and S.os-oe for May today. At the
same time New orleans sold March de-
nverlos at s.O5-o6. against 7.ei-92 at to-
days close. and May at s,Ii-ib. against
1895. Taking the month as whole,
therefore. the bears have made oonsider-
able Roadway This has been due mainly
to poor investing demand, war rumors
and financial troubles.
with all war scares dissipatod, National
finances upon substantial basia. ana an
improved business outlook generally. tho
bulls think the strong statistical position
of cotton viii assert itself during the
month beginning tomorrow. Receipts for
January show a remarkable falling of IN
the movement. but the new month is OK
pccted to confirm the theory that the
great bulk of the crop has been market
cd. and that stocks at Interior towns con-
sututc about all that Ia now left In the
country. Port receipts hereafter are ex-
pected to he drawn from interior towns
TO great extent "a the evidence ac-
cumulutcs that there Is very little cotton
left in planters hands
Liverpool was disappointment today,
according to local telegrams. but why
Liverpool should be expected to advance
every day. In the face of little or no re-
sponse from this side. was not explained
Liverpool futures closed easy 2-eli lower
that yesterday.
New York futures opened steady, about
! points Oft remained at tho decline with
little fuctuation during tho scssion. AND
closed , TO points below Yesterdays
figures.
New orleans futures opened TO 8
points OF. aud closed quiet ana steady
q. ho' IONS or points. March sold nj
I'@ FOR the highest, and 10 lowest. clos-
Ing at 7pi-q2
Liverpool spots remained at yesterdny'a
advance, with sales of 1000 hnles mo
american spot markets were UNCHANGED
hut eDsicr.
New York. January st-Hubhard Dros
90. = cotton letter saws.
The weakness IN Liverpeo, which ,yns
Indicated by private telerrnma ms wnIi
an hS public dispatches, acted navcrs.l,,
on our market, although tho decline in tbo
near positions has not cquaIlca TINT In
silN ne" crop. AGAINST the latter months
FORMER sellers and recent oonvcrts directed
ihelr efforts. with tbr result of n decline
: tfFfnhHE X
! SHOWN hut and MAY C. foreign un,rn
lions were very henriah forelrn ordora
were to sell and the lack OF demand horo
was noticeable In the small voiuua OF
business. Under the pressure the rnarkc,
mas beon very steady, though the inter
Tor movement iE free aud even better Than
expected The market IL a waiting one
and will respond TO amy stimulus should
one he forthcoming. Local bidding on the
inside positions advarcod the market In
tho afternoon
New Orleans. January 3-Socretary
Hehtor'F weekly Now Orleans cotton ex-
change statement issued today. covorE the
monthly movement 20 January 81. The
January total Of cotton brought into sight
~. with the exception OF January. 1891 the
smallest for that month Hince 1893 Com
pared with last wear Il shows loss In
round figures OF 40l 900 .balee with ynnr
ptlnTe lhs' iht,UD1 ana IN ancal or lsHi by
5000 Tho total for January was slS 729
against hoo, TT last year 1856. Gs0 the year
before last and s5723 In 1893 The decrease
In the amount OF the crop brought into
sight for the five months from September
to January inclusive was 2,i55.s7l under
last year, hI3 under this year before last,
while an excess IL shown OF 1874, 3a2 over
1891.
The movement from the lat Of septom-
Der to January 81 includes total receipts
Mt all United states delivery ports of H.
ni $40. against iS7 last year. i.M00l6
the year before and 1908 .38 same time I'm
1893; net overland movement by railroads
across the Mississippi. Ohio and Potomac
rivers 5et. sii against S,2,Gs2 last year, CO.
PSI year before last and g35, iS3 same time
In 1893; Southern mill takings, exclusive OF
quantity consumed at Southern out-ports
4Si 265 against 451, COS last year, toS,Sb year
before and 1913. f0S same time in 1893, and
interior stocks In excess OF thoee held AT
the commencement OF the season AZ ~,
against All go last year, 32tssi year before
and 3e3 G23 same time In 1888 These make
tho total amount OF cotton brought into
sight during the Ave months ending Jan
uary 81 g s5D,59 nKainHt S.i0fi7O last year,
G2dan7g year before last and b.3G,gN IN
1898. Northern srinners took during jan
nary ls3. "a bales. against 21iSj3 last year
and l5s $40 the year before, increasing the
total for the i've months to 1879 ,1lS against
,623. 2S3 last year and l,ils,t6i the year be-
fore,
This makes their average weekly takings
for tho season a, SCI against 1925 last year
and 81 III tho year before. Foreign exports
for the nrst ave months OF the season have
been 2,7b2, 400 bales, showing decrease
under last season OF sac SG3, and decrease
under the same period year before last OF
81, 2SG. The loss In foreign exports during
january compared with January last year
has been 555.Si7 and for the same period
year before 2o3.i@.
Stocks at the seaboard and 20 leading
Southern interior markets ut tho close OF
January were l,43s 3T against i.6Oi,i2s the
same date last year and !. sji, s52 the year
before. Including ports and interior towns
left over from the previous season the
number OF bales OF the current crop
brought into sight during tho hye months
the supply has been 5.ss0.553 agains, SEQ
800 last year and s.55i.i2s the year before,
lin 10 the close of January last 80 9i-iop
per cent OF the cotton crop had been mar
teted and for the same Ave months IN
1894 the per centagc OF the crop brought
into sight was Sc si-io0. and for the sam"
time in 1879 the per centage marketed was
10 ei-iOo The movement Into sight for the
INST week has been 1850 bales against
ga s7o for the seven days ending January
a. -. .,..r ga as for the game seven