The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1896-03-13
COTTON MARKET REVIEW.
The Bears Hammered the American
Future Markets.
SPOTS WERE NOT AFFECTED THEREBY
New York and Now Orleans Futures
Closed Several Points Lower, Due
Entirely to Rear Pressure.
Office OF Tho Post,
Houston. Thurginy. March IL

Houston Thursday March IL.
Tho bears combined to down tho market
again today, and with tho assistance of
thousands of scalpcrs and tho realizing
of too easily frightened longs. succeeded
In knocking off ton or twelve points OF
the recent advance IN tho American flu
ture markets. Liverpool spot sales were
encouraging. a total OF 1900 bales being
recorded hut the heavy selling OF futures
AT New York and New Orleans prevented
this from having tho desired effect. Liver
pool futures were steady throughout the
session and closed I.sTl-s, higher than
YESTERDAY.
r,o,, woe ro,,,n. 4, Al, s,a,,s,,ca, M
s,t,on ~ cotton today ,o warrant tho de-
,,u,n TN ,nt,ros ma ~ thnre ~ n Further
,to,,,nard ,,oyor,en, II vim s,mnIv he
w., -. - no,r ,,,oes,,ro ,svcrv,,,n,,
" ,,s, ,s h,,,,,sn nov. as a was carly In
~. wool, A. mo-, mora so Tho roceipts
. - ~, -, ,,., ,oe,..,,.,,,.- a,,,3
a'e No's "s"'' '''VN' Nv wy N'''',e -
the export demand Is better thAn IL WAS
at lifts limo last year. An the Southern
~ .'''9 49, -, -, ao,,a,a f,,.
Spot ''i"' he's ''PN'N hVVu 'e''''N' -
tho actual cotton ana moro 10 Wdh'N"
than 10 ofierc,i for sale
WIN. a, a, ,,,, ,h,t ,ner, in an a.
Nh'o ~ - WV .""' '"' - ~"
cumulation or goods ~ new HnElahu
mills. yot Northern and Southern spin
hefa arc puFins NOR" cotton now ",,'''
ut TINS umu last ycnr FIoWlhS ihot tho
continued cOmplniuts OF Door trade are
not nffnctiut their pur.basea ia the OK
~ 800, ,,t..,' -,
tent ci"ihied ny the "e"rs' ppre'Sn sp'l,
| nors AFRO anxious to get the staple and
snot snlea for tho Manchester and Lam
~ - 80. ..,,. -. ~.
eaSl'l'e "'n'a "No wv" WY 'As'
..,
sol ,,. a., 49,, t,,, &, noe olrn,1, h.cr
chcwcd and clawod TO a surfct There is
not a cotton planter or business man in
nv I'm, ~, ,,.,.' -,
III" So"'n wa" WIN Neh'"'o w ''"' u''"
! to estimate the lS9d-'W CROP aud yet Now
! York bears talk glibly OF li,OcQOD bales
g.. A., -, ,.,,,1 sa,,,,.,.,, h,,,.,,s a.,
'"' '',p ',''' '' '',,, s,,,.,',,,
| of a cotton crop untu they see It planted
| ,,d .,o,,,n,, nud ,,., tbon they alton
49," eN'N' a.,
MISS II very padiy' ihV next crop - one
| of the most uncertain factors la thu sit
fecied thereby IS cortainly IL mystery TO
| tho South
spot prices were not affected by tho
| decline in futures today, although there
was quintor feeling IN somo markcts,
| New Orluaus opcncd higher hu closed
| steady at Yesterdays figures There was
a good demand at Liverpool ana prices
| woro reported arm tIou0ton Galveston
/
| changed
| New York futures opened steady nj a
| decline of to I ponts There was con.
siderable huctuation during the forenoon.
| and NJ one time tho market was q point
! or SO higher thnn yesterday This ia
! covorv was soon lost again however, and
| tho closing was s to II points on
| New Orleans futures opened TO 4
pointg off and closed steady \ - IL pptnts
| lower than yesterday prtcos showed very
| littiu nuctuation during tho forenoon. tho
! after he second cali
|
/ Mr. w H. chow. "A wolf known mem
! her OF IN. Houston cotton Icxrhnrre
| left tonight for New York where he wili
! make his permanent hontluuartcrs AIR
| Chew has hoen located at New York Tor
! several months tompornrily end has
| been here only n fhnrt time making mr.
| rnngcmonts FOR a permanent change. lie
| Is n member OF Tho New York Cation
Exchange and win horcafter identify
! himself with TINT city Ills wifo has been
| there FOR somo time tho condition. Of nor
| hcnlth not permitting Il residence I'm The
South.
| -, "a ,.,ttcr,' lao. ..,,a. Gur ,,,,rig.t a.