The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1896-10-02
COTTON MARKET REVIEW.
Fluctuations Were Narrow and Sales
Very Light.
FUTURES MADE NO MATERIAL CHANGE
New Orleans Showed an Improvement
of One Point Spots We're Easisr.
Lower 1T Houston.
,, Office OF The Post.

transferred their attention to grain and
provisions and cotton was neglected. The
scope of the market wis unusually mar
row ana sales were small. few big spec
uldtors In New York and Liverpool APP
pear to nave the market practically to
themselves without knowing just what to
do with 1t. Liverpool futures closed 2-gisp
2ls-6id lower than yesterday and spots
We're Lad Off. Spot sales In the foreign
market showed slight increase, being
1900 bales for the day. This was a grain
of comfort for the bulls. as Liverpool
sales have been In the 1000 bales a day
| rut for several weeks. AT this time last
| year sales there were averaging lgUO
| bales daily. while stocks were about three
| times as large.
The telegraph, service from New York
was very incomplete again To-Day, Trough
a fair outline of the market was received
| at the local exchange. Futures opened
with an upward tendency, but soon eased
on. The closing was practically at last
nights figures. though some OF the late
months showed gain of point. Fluc-
tuations at New orleans were within a
| narrow range throughout the session and
| final figures averaged point h. CHER than
yesterday.
The feeling In the spot markets today
was rather nervous and prices favored
buyers. Houston marked prices l-l6c low
cr and 1t is stated that cotton was offered
"A shade below posted quotations In nearly
all Southern markets. While receipts are
not Increasing, the movement holds up
better than was expected and the ports
Will have funny "a much as last week by
FRIDAY night. The present receipts are
only slightly larger Than last years, how
ever, and from now on the 1895 movement
made an Increase while this seasons re-
ccipts promise to fall off each week IA
October.
AT today's session New York futures
opened steady ~Ath December quoted at
last nights figures. Prices advanced to
s;l3 by 100. then dropped to sos and
closed at S.U9dS.lD. January sold at 20
for The highest and = Ii lowest closing at
g. i,4SS, agunst A.lcps.l7 yesterday.
~ Nsw orIeaHs, December openct AT
70 '.9 and closed al 7.S3. Jahuary sold
down to 7.6 during the day, but closed al
'J0Q1.!l. against i.SYp7.9O yesterday.
New Orleans firm gave out the follow
ING opinion OF the market yesterday:
Prom present indications II appears that,
Notwithstanding every one seems favor
able TO cotton. the need Of money 10 move
cotton. with little or no demand for spots,
sets AS a wet blanket to all efforts made
to alvarez prices. Therefore, ma tn X Ia
apparent. we believe II best for our friends
10 realize on strong markets for the time
belng ana wait !or an opportunity TO 20
| IN at lower range OF values whirh may
result from the pressure Of heavy re
celpls under the above conditions"
| Houston expects l..5O0 to II rpD bales of
| cotton tomorrow, agd INST l2,26i last year
ard l6,ali lu lNl. The estimated receipts
! for New orleans arr 1870 to 5000 bales
nc fsf.tVN ttsHtIl Ia t..l
New York October l.lIuhbari Bros a
| Co.'S cotton letter says Owing 10 the
| storm, We are practically without COM
| inunication with the South and we are
| therefore without information regarding
| receipts or markets. with improved news
| conditions. better business, may he Looked
| for, IA the trade Is solicitous Hs to The
| damage 10 the crop from the recent Sc
| we're weather Middling uplands So las
| 9lI.
| New York. October The Envfs h cot
| ron market news being better by {. to 2
| points than had been expected IN view Of
our sharp decline of yesterday afternoon.
let to an advance of . to points on the
first call This was followed by a FUR
ther advance of to points on un,oNtA
able ac,oirits from the crop rcsrltrG
from the storm. The hrmness VI the
carly market was Increased hy IL ten
dcncy to reduce estimates ON Do"t rrrn. pts
for rhe week. The close was uGie; at
net unchanged to point advan e.
New York, October l.-It has hacn a
qu'et market In all departments OF trade.
hut good sales were uiched t.rongh ior-
wardings IN Previous purchases whereby
many goods are being passed ,nio cen
sumption. New business was fer hGriro-
pathic as>ortnents Of n miscellaneous
complexion thai collectively Were of fair
Importance. PRINTING cloths qTet rud
steady at 2 5-S, with sales Of 2jh00 pieces
At that Azure FOR November and Decem-
Der delivery.
New Orleans October / ,-Secretary Hes.
| Dr's New orleans cotton exchange state
memt. issued before the close Of bust
ness today, gives lie largest movement
OF cotton into sight for September ever
shown for that month n the history OF thn
trade. the total being in rouni nsries
bs3 go bales ahead of last year. when the
crop was LDli.3i6 and $4,000 In excess OF
the year before Last, when the crop wa,
9"u, 2l5 IN" heaviest previous September
movement was ia 1880, when II reached
$4,000 our OF "A crop Of s. lG2 .gp1 ana in
1881, when 1t reached S}2 900 out OF "A crop
OF 9,M5.011. Both foreign exports aud
American spinners' takings have been on
a heaV,r scale. the foreign shipments be-
ing more than three and a half times
greater than September Of last year. and
nearly twice those Of September. 1891
Northern and Canadian spinnsrs have
nearly doubled their taatings compared
with last year and have exceeded thase
of year before last The statement shows
nceipts at ports for the month 90j,6D,
against &2SlS last year, 5l72ll year be-
fore, and 3SG,ss, In 1893. Net shipments by
rail- overland $500 against 1898 lass year
81 .2g7 year before last and lI,02S same time
IN 1893. Southern mill takines, exclusive
of amount consumed AT ports. S2270. a9
against rs. 40 last year. 7O73j year before
last and l.Uj6 same time In 1898; interior
stocks IN excess Of amounts held Scptem-
her |. ll5.72i, against 81. la last year, 81 ga
year before last and h2.2i9 same time In
is93 The total ~ sight for ser..mber
amounting TO l,2l9.S3l, against $50 79j last
year, dio@7 year before last ana 5oj,2ia
same time In 1876. American mli5 have
taken during the month 227 2o5 bales
against i5s,476 last year. OF which - by
NoiQhprn spinners aud Canada and over
land 1902, against U.i73.
Foreign exports for September were 3si,-
1jG showing an Increase over the same
period last year OF s76,l2s and over year
before last OF 1871 i8. S,ocks at the sea-
board and % leading Southern Interior
markets al the close of September were
qige0s agains; 1886 last year aud iss s26
the year before last Including stocks left
over al ports and interior towns and the
number OF bales of the new ,r1D brought
a. 81 tf.anl