The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1896-08-06
M BROKE THE RECORD
l. ia,sxed Seventy Points
Il New Orleans.
SEVEN CENTS At HOUSTON.
.....os Ever Knowu-A Gain Of
ss,ep Dollars n Bale
since July 10
oH.ce Of The Post,

Of.ce of The Post,
unston. Wednesday, August b.
rcord breaker. Nothing lik'
,u.,nsss has ever before beel
en- advance surprised the exrec
:, ,Ae most ardent bulls and threw
:. into convuls!cns every minute
y. If the telegraph instrumen
-.,os I'M. and after while tbs
.,,,;,s was s to 6 points at a time
,odaay for many man who sol
"a cents. but means renewed hop,
...p,s Of Southern farmers whose
crops have been devastated ~
and who will now secure goo
lr what Is marketed.
NM cotton is today worth 4 cents
ssn. Last night the price was
rvo weeks ago 1t was sac. Cot.
october delivery is today worth
y,w York; last night the quotation
Do,uts less and three weeks age
N pcints below the figures now
December cotton sold in New Or
toay for 7.42, an advance of &c
b ompared with last nights fig
III a gain Of 152 points ever the
quptsilon prevailing about the mid
hi month. This means an advance
pss bale in twenty Gays.
nv days ago predictions of 5 cent
we're freely heard. Tonight there
ny men In Houston AMI elsew here
rnly believe that cotton VIII sell at
d BY September /. unless there
ha wonderful Improvement in the
i outlook for cotton. A month ago
nope believed Texas would raise
to SsaeO bales of cotton this
and that the United States; crop
be anywhere frtm 1900, 600 TO L., 0cO,-
Yes; now the highest estimate for
10000 and for the United States
Many conservative persons say
I'D will be much less IL the present
continues a week longer.
1aef news was not wholly responsl-
iodiys advance. The statement
K shut interest was the largast ever
IN the history Of the trade is given
nan iaeior. or course bad erop re-
Started the market to jumping. but
W mat SPECTATORS in all parts OF
aA'fy had been selling chalk marks
past ak CT eight months had the
inhIence when the test Of
"a came. The whole of the South
liverpool sold, and for a whlle /,
S U no one would buy. The
'as entirely too one-s.dea, ana when
age came 1t caught them ON all
'Hs' the men wis sold cotton Mt
'Neuhoef; then the 81 cent fel-
aN's' out last night the T cent
we're iorced to cover; today the
!" s'a cotton when it strucl;
sm New York last June wee cor,
Y Guy August back at L7s. on
Ass uHring the height of the
s'.fe August cotton sod ia Nav
w f;r the highest. from mat
'sl to stS on July l6; today the
vas Tx er the highest price real
asF May z last.
n, ''''sa '"e bull movement to-
ny eeSf response to the adv,,co
ueen made on this side durine
4, IS "''.'ays Prevailing abroad. Fu-
N US iofe,sn market opened 1854
,,o ", made Il further slight pain
N,ooa 'all and then bspan Sun
i ,n e, We're about l7-6id up nt one
[,.,s sssed very stsaiy, ls-sid higher her
,Nsaay. This gam was o.,,a,
4 m ,., r.,h's' Liverpool spots were
wv curb prices at Nav yo,,,
\ s,. a"s yesterday afternoon in
Il, an ~, opening this mcrn!ng. b,n
" The first call wer, ahn>,, ' ~,
pgr,s new York futures opened 20
\ T" a up and the lowest nyrra
Nv. "'ng the day was 20 noin,s
n - nights close. September
E,,,.' w ana from mat figure ken,
ns.,,. s'vanee' with only am occn-
kee Ma. =, : or a points. by No. n
|t..s vas ~; at l;57 it had r,o"o,,
n, En- = minutes later it WAS 7S7. !"
h ana ~ an hour 7,j) had been
ks.r CO. " 200 the price was ;.5s' |
\ ns S.'ea at l5aaz54, aga INST s '.S'
e". December onero1 -. ~,
~ bsct -, 20 soon !. ,haseafter, but by |
|ss ya.,' !" "a After this The adj. |
|ia :, 10y y rapid and z.5s was ,ho
kSs ,. .,h The closing was 7n
|sss .. d es' Total sales at New |
k,asr'' ''F0 Gone any one day Since
~ ss,' :. future. made ov.n |
"a New York, I ,sa eve. even greater
Essss s', "a, higher than yeste ei%s 's a
bon, Win \, &c bid and ao,an,cd 1>u =,
A.ssa me ne closing was a, ,.s i, 70 -
/ ay, rs nsssmbsr sod at s.s ,l's ca ra
!, ne sI an against s.,l "Upn' s and
\ .i,sra a%an e, was very rapid s gaS-
,sSasa On an, an the highest ', ,lsu ur',
70 lssa,, sd'arsea in all l1 markers
Van sdvanea market closed