The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1896-11-25
COTTON MARKET REVIEW.
IN Advance of Fourteen Points from
thu Low:st.
SMALLER RECEIPTS ARE EXPECTED.
Indications of u Decreased Npvc-
mcnt Next Week Caused the la
prUScmcnt-NeiiIs' Circular,

office of Tho Post
Houston, Tuv sday November n
! The first bull,h squirt that has b eli
raintalnad In several days wa, r,curdc,
m the American speculative mark is this
NJ; noon. New York futures advance
] II points from tolAy's lowest and clqstd
$ points higher than Yesterday. The in
lrovement was attributed to pr lie ons
CT small receipts next week and to buy
4 ing by shorts. Tecgpms from mlny in
terror towns are said to ind eat Il much
smaller movement from this time on.
Should thosc forecasts prove correct TIC
bears would be deprived OF their man Gle
ment of strength and a pcrmIa. nj ad-
/ vance N ght hc easily ,staLl shol. I'm
less receipts DO make noticeable de
CREASE however. 1t Is the general b icf
that tho improvement in values cai. cs.r
he temporary.
| Tine spot values of cotton continue 10
show remarkable steadlncss and nearly
all tho Southern market report a goo
demand fer the staple. sn!es were quite
large nj New Orlclna. Memphis and Hous
tom today, with prlccs ruling about isc
! n sh than December deliveries in New
Orleans. Liverpool. spot sales were onls
500 bales this morning, but prices held at
Yesterdays figures. Liverpool futures
closed la-Giftl-6id over.
| Exports to Great Britain ana the coati-
olt this week have icen considerably
ahead of Inst year al the same time.
though the outward movement to France
shows decrease. Total iinfci sbtes OK.
iorts for the lust tht~r days amount To
l3OotD. against $1,000 Tor the same perod
in 1895
At today's session New York futures
| oreaed easy with 7.i2 b!l for January.
The market hung between 7i2 aud 745
throughout the forenoon. but By O'Clock
had advanced to So The i'm rovc,ncnt
continued unlp the closing hour the last
Sly show ne Ja1nnry It 7.55q7 81 against
Sarly IN the session. bnt advanced t. 7G9
In New orleans. January opened wish
~ h!d. advanced TO 7.l9 by noon aud
eio'el at %. against 7.l7a7iS yesterday
March sold at 80 on the opening bat
aiNanced TO 7i3 Ivy the close.
Bros. Of LONDON on NoEonboSr7 S H. T. wh fi,ii
was discussed in telegrlphic reports slnc
,S,o'k II cont9'ns two di.patches from
Mr. Henry Neil Of New dreams. when
VII prove Interesting; They are as fol
Market tx itoi by frost tclegrarns. but
IL Mas on'y K ling in eXpo'"l scots In
minimum which has Httle efro.l wnrI
plant so dry. There may be slight injury
IN some counties. but benefit IN many 9TH
ers. Interior correspondents tel srlpl. it
has opened great quantity of mn iuIoi
bolls. September and october bolls lal
already matured, and late October one;
that our estimate Of qloo.0pD BALE vn4
inily assured by the lst instant. anu nco
tnr,n 1t has been our minimum estimate"
The second dispatch, dated November
10, reads AZ follows: I'VE can not finl
any authent:c record Of thermometer fan
warmer l.arlv October boll nov % ~
ing IN every Stat, hut especially Yves
NJ HsssippL This will continue aiding
G, n,r yr TO the crop tlll really general Kill
,, These 81 teiegrams are supposed to be the
crop
New York, November "a There was a
decline of iaG points on the first call this
morning following unsatisfactory cables
the EnriiSh markets showing a loss of
point auc. sales of but 5000 bales spot cot
ton AZ the same time the private cables
stated that ENGLISH spinnors hal dropped
out of the mirIet on account of the large
movement OF cotton at the interior and
ipItT ana would not re-cnler the market
uh'l! there NUS a let up. The nl.trkri ,y.,s
l,Ssni,G bu' rallied on buying started hy
fnrlish ANA New Orleans order. ~,
,"'l contingent. fearing that there Ina
,' u !. dlSc"untng of the cffeo Is nf heavy
ntrtIts and helng afraid Ia 20 oyer IN,
,o rnInSF. vii'' holiday. covered in the ar
;,,".I"o99M, Wnen the market wao very act
We The close was firm at n net advnnce
of NP9 points.
. sew York, November 2i.-Huhharl Rroe
~ 1o,'s cotton letter says: Many advices
ra,,, C1natei lghter movement were cur