The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1896-09-04
Futures Advanced Forty Points Ia
New Orleans.
THE MARKET A CONTINUAL SURPRISE.
sudden and violent Fluctuations Occur
Every Few Days-uous'on spo,s
Three EiRh,hs Higher.
Office of The Post.

TO buy cotton and sent prices soaring to-
ward the highest figures yet recorded
Liverpool futures were steady throughout
the session aud closed a-6,dai-6id higher
than yesterday. The highest figures In
Now York and New orleans were reached
on the closing call the total advance at
New York being 81 points aud at New or
leans 10 points
On the curb at New Orleans December
deliveries could not DO bought for tess
than Sis. or points above the closing
The highest price reached during the bull
campaign two weeks ago was SO. MANY
troders think thar the crop IL now In a
worse condition than ever, and believe
that all high records made last ,cnr will
soon he ecirsod Spot cotton In houston
rs now selling for exactly the same price
quoted on this day last year. while New
Nork ana New Orleans futures are al
ready several points higher than the quo
tuwons ruling the early part OF last Au.
gust.
Al attempts 70 forecast, the cotton mar
kct recently have proven futile and dps
from tho most reliable sources are now
considered worthless. The situation la
badly mixed and fluctuations are so aud.
don and so y,,icn, as l., t..,..,,.,,
neorf, ,,ory orn NJ,
market is naturally IN very s;rong posi-
tion, but such rapid advances M have oc-
Cured recently are always dangerous
and may be au any tlmc followed by Al
sharp decline. There is generally u rush
TO buy On every decline, however, and the
speculntor who has taken the hull side
v" 'A''e o'eaNs 10 'he one VINO IL now
carrying diamonds for purkrt chance
At tod,,,s sc..i,r >,, VA.
Nv '."'' ''N'''" Ne" horh INJURIES
Opened irregular hut with all quotations
a lonr disf,pc. fran, ,,st,rt,,, .i,.,,,..
,,,,.,,,,.,. -, "'N'''''
December opened at NS, sold down to
S94, but soon began mmpins amin ana
go a.. "N"'"' """
'S ''' '''Se ""o SOU ~ "''S' against $40
yesterday. October sod AT 80 far rho
lcvcst and .,o..,, -, sqt,,S ~ ,rn7 ,,''.
above yesterdays finol figures
In New orleaua ner.uhrr .u,,r.,; ,.t,,,
~, 0'e"o" WI"
'"' asN''' uiopped To 90 ihon began II
sharp roacmou. rho advance eliminated
,,s,s ana, p,, lao, ,,.
compared with IA yesterday. October
so,d -, IN dur,no en-. ,,r.,.o,, 49,,
closed at solps.o2, or 40 points above the
| final figures recorded Yesterday
n,,ncr ,mn 49,, ' M''o AT
made at Houston. New or,enna and Gul.
weston advanced lilo. New York aldo
Memphis l-so and Savannah t.lGc sale,
were large AT nearly All In, s,u,h,rn s,o,
markets..
The New York journal vi Commerce
! SAYS;
NHlH J.. Moore chicf Of tho govern
in"ni weather bureau hna notified the
III ihpers % thv sew YORK cotton bN-
tloh ~ ftkhIp |" crops furhNhed ~ mis-
mirkeis immodiai.iy aftnr III, ,nthii'1n'
ton here, thus giving those mnriSrts an
advantage over the trade IN mia country
owing tc the fac, that they hcRin bust
ness several hours earlier Hereafter, ac-
cordlNsly. 70 prevent this. he telegram
| 10 the Now FORK cychauge 'Yil nos lac
issued untll p. m, 10Th meridian time
,,,,,-
IN anhluph 10 me toicgfhphlr "details of
W. laNi cotton crop nuhnSneu IN lhe fpS'
ms week, W" i"l"wluR tnpuldi"n state
inent OF me crop. WIN c1rnplgl fn1h FOR
,mi,r, III, ' pns NJ, Xxx NV, ,'u
II, ~ rn,. VI '''N Nv" '''''''9 ''''"''
fN''""h'' go. a. go, a.