The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1896-02-25
COTTON MARKET REVIEW.
Reported That Northern Mills Will
Run Short Time.
MAY Be MERELY A BEAR RuM0R,
"niis say the bruins Are Playing Their
Last Card = Decline In New
York Futures.
Office OF The Post.
Houston, Monday. Eehr,ia,>. n,

As frequently stated In this column. ono
OF the most depressing features of the
market for the past month or so has been
tho rapid accumulation of manufactured
cotton goods, stocks in the hands Of
American spinners being now three or
-FOUR times as great as In 1925, business
was very active with the spinner from
March to November last year, but since
that time thorc has been period NJ great
duiinos& Naturally under such condI-
IONS tho cotton mill men were not anx-
ious to buy the raw staple consequently
II class OF the best purchasers have kept
out OF the market.
This being the case there was not much
surprise expressed today when tolegraphic
adVIees were received stating that several
large mills would soon begin running
short time on account Of the poor trade
conditions. This announcement gave tho
American markets an easter tone and pre-
vented the advance that might otherwise
have occurred today.
Many wore inclined to doubt the rclia.
puttN OF tho Information. however ard
the pulls put " down as one OF the usual
bear rumors thar crop out when there is
nolhhf ulsc LETT with which to hullmvr
the mNikei- This latter opini0a was seem
ingly justified when later adviocs "iu.
nlorod the short time was applicable t.
say The h'rs ta,. ,uIrF n''l,h the mus
to its lowest p0lnt nov ana rr,iigIn,.
,hat reaction is on the cards. are work
III n ,,t ANnn,' a,ket Tor all Il IL worth,
fight. nryorihelrss ''" W "'NV VIZ WV
Liverpool futures opened stcedy. with "A
,hlr 1t hund about l-hid ur There was
SIN and tbe ,io. ''.''', s"r,mE lue s'S,
yesterdays figures on the ncnr months.
waiie 'he fan months We're point OF.
- Uih intIuros opehNd steady 70
. r. l'e',r w ~ " duNml9g hnH reacnoi
nctla,, snt i. tr,t, ~ ~ NV ~
Tho co.i,c VA, ,''il ,,W, me- h,.ern. On nnn
snt,r,i.v ~, Nm pV,nNS WH'' lunI
p" o ,"nS OF, Nn n Nn9 Anfil ana point
rom. ~, , ~ ''" ~ ' '1.'' .
ohrnt no,It 80, L Ni H. -, W ,','vt,.,
tn O,is sdys,,,,. ~, i ,i,e aon or p,',S
cIb,n ., Ca ,n,r,,s we n.',Uu III &c,
W., o Dic'',,. u, uu,nE We nt,'rho"n ald
,i. i~r ,., N"S "''F 70 points h'sue'
" i,c,,,nJ r,n,, r,o,D s,o,d,, 40 s..,,.
DAYS trurcs tntnI s,I.,a o,no,,ntinc "a
w. fo1 ,"'n r"i1e h,u"un,,'lE IN
= - 80, 'l".,V" w.. NviN N'..l NNiN
ioa,s p rr,i., ~ ',.,, nHans' NoM ru
~, 49, i ~, iniUiiin,',"H: WV Ni.l'.h
IL IL n,,'V,I e.Iu . nitiu,'liN l-'p 'uu ""V
~ ir,o,lca,N Tao'N il
49,, ''''' ''"' NN'' WV" ""'N' '""
GLOW, & 90 &c NJ, ,,.,.,. go, IL. ,,,.n,
''"ip ~. ~ ~" lp'N NAY III wa"
letter dated February 9o' "Wc believe
VerV little cotton lis now being tnknn nv
sr,nnars eo, .,n,r, anA ,,,t ~. ,,,o.'n W.
ai'hu.'s io' 'Np"'I ana 'n'l 'ne "''p.
nlnnt h. mostly on old contracts. Sons OF
our simmer customer, report annie stock
-, -, g., ,.a,.,,. M, ,,r,u ni,v rh,t
." "'n" 10 CARY '''N"' "''," 49, =,
they bought year ago NJ around o."
per pound, or cents loss than October
nrIces summers tnl,inrn 10 February IL
i'' '', ,.e -, on,n,,-
have poen l'"'lI'N pAieS' Against 4'V'''N'
hst season. Total stocks at ports are
az ,,71 h,los nr7iinst l47i5IS bales last
1'",",' ,r,,, t,,,nn Il, .i,,ht 10 february
Il = nj tss Niles, against SsSo.2t0 bales Il
year previous Many comparisons are
now hiaun VIZ ~ oii 4, rsbruarv'
tt., ~ ~ 100 n, stght gig Az bales.
te'9' IlN'N ny 81 - - tr,t,ruu,v