The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1896-04-10
COTTON MARKET REVIEW.
Spot Sales Show Slight Improve
ment.
ALL FUTURE MARKETS ARE LlFELESS.
Tho shoria Dare Not Sell ami tho Longs
Arc Afraid 10 Ruy-1he
Texas Crop.
ALL FUTURE MARKETS ARE LlFELrS
Office OF The Post.

l
| II was the same thing over again. Dun
ness and lack OF speculative interest In al
markets, only relieved by slightly bette
demand for futures at New Orleans. Their,
were increased spot sales at that pom
Also and Liverpool again reported 1000
bales as tho spot purchases IN her market
These were about the only favorable fca
lures noticed, and yet the shorts did no
dare sell either the summer or fall months
| On the Other hand the longs were afrai,
| TO increase their holdings to any great eN
tent. consequently 1t may be said tina
each side Is in a state OF uncertainty a:
10 tho exact course 10 pursue The grow
ing strength OF the statistical position Il
palpablc TO everybody, but the utter pros.
tratIon of trade IN cotton fabrics s just
as noticeable, and thus the situation ~ u
stand Off. 1t Is generally expected that
fluctuations Will continue to have very
narrow swing unless some sudden change
in crop prospects should affect the market
ono way or tho other
The amount OF the Texas crop In eight
To April |. according TO Secretary Hester s
figures, issued today, was i,7l2.0D bales,
Local statistlclans very carefully figured
this to mean total crop OF /. sbS 00l bales.
The minimum estimate OF the Texas cron
9C, 0on tinr1lv ,,,, X" w W in"N!'tNn,
EXCEED tho latter Isurc. and very few now
contend FOR less than l,S50oH
rnttt,in. frn,i 80, 'l'.issu steady, prices
lhcre was a slight Improvement on the
second call. but this was soon losl aunin
no ciosins was steady, with the sumncr
tho distant pos,tions .,,.'t' yNslGrnay. and
ih"iitns ana l rotnt on on otheri. MAY
o1, ~, y 81 W. advanced TO 40 and closed
Ansn pp' so,a " =; = a., o'95 20 Yesterday;
* i,n.ot ~" a. tN LOT the highest and
S,,v ,',.,c,,,. ,...
ma s,,,, t,,".'9 tu,utes opened stenfy, with
Thnr. VIZ YAK, m9 %, il point or 80 OFF.
~ We very htuu chauge OH the second
I'M ana we closing was at a decline of /
~ points a. compared with Yesterday
~ Vpenei ~ 9oi, gold ~ 76J ioi tho
h'she9l ana crossed at .dcWf,to,
Nv, o,,.
NV orleans, La, April O. Secretary
,thesicr statement OF the movement Of
We cotton crop by groups OF Statcs for
Ne seven months from Scptcmbur to
hatn, inclusive, ISSUED today. shows the
enlife ihcrcase for the manth OF March
ana 's's W-m.mo CROP was IN tho Other
a + ~ ana Atlantic States. Texas showing
IL iati"G on IRON March OF all movement
OF all the past three years As The
amount brought into sight in March this
Year was larger than that month since
i ,Sss' EXCEPT in the bumper crop OF 1881
isN'' ~ ~ interesting 10 KNOW
where tho cotton came from.
air. liesicr shows the IN sight" for
March from Texas WIS this ycnr II 3lG
naics. last year 1861. year before last
si.a-2 anu year before the latter ~ 10.
from Other gulf States for this year lS. $50
last year .A.2il, year before last ". t7b ard
.oar before the latter t2.272. from Atlantic
states this year ls5.Sli last year 2li 096;
year hetnre last l6,ii5 ana year before The
latter lil.7Sp. making totals for all these
groups 375,oQ5 THIS year. against d0S 0l5
q md
90 76a IN 1873.
For the seven months from September
70 March incluave, Mr.. Hester shows
tilat thn actual delivery OF cotton from
me State or Texas has been Ii2, 115 bales.
lsnlnAt 3.os'lGb last year, and i.Seu,dj2 tile
Year heiore, mat the amount brought
INTO slgh'' whlch Includes interior towns
III b, eNrySs or september ], as shown by
dnii nhu r,,'u,ns, et,,, IN eae'l ~ ne urea
~ H. i" 81 81, -u'5;eI m 2thef CUR states
~ "al,o'i ~ H,,dlt'I States ntnelt m
,.ltt W., inss' "a "i
i,es 90 ooo II, II, "' i1'. ~ ~ WIN
ne "a a.; ''",, T. "'n,t' ~ XVI 9'at"s
ya.r horo,.' ,a.i ~ II az ,,1 s"'iu uHpt
isas Of OK AK a., ii"tt' il, no ,,,,,io
s;s,tns i ~ 5G5 aes nn,"r ,,n, !,d II
undsr ,b. ,t,,,. hcfmro ,asi ma n ,i,,