The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1896-05-03
COTTON MARKET REVIEW.
New York Advanced Spot Prices
Oae.Sixteenth.
BIG DECREASE IN THE SUPPLY.
The Worlds Visible Lost Nearly Ono
Hundred Thousand Bai~a During
tho Wtek--rrrdictcdE Exports.
Once OF The Post.

The steady falling of In the stock o
cotton Mt New York and the cla,in tina
| 1t Will fall below 10000 bales before Jun,
Is serving TO boom spot prices In tha
market and quotations again advanced
Lice. Some days ago miidling cotton
sold IN New York nj Sc. today 1t Is wortl
sac. an advance of slsa per bale. This
gain, however. does not boncht the South.
ern buyers. who were forced TO close on,
their stocks at 7isc several weeks ago, and
is merely making money FOR few big
spcculaiors
Prediction of largo exports to be made
this week served to increase tho timid,y
OF the bears, hut futures In New York did
not show nm advance in proportion to
that recorded for spots. May deliveries
closed at sol. which is points higher
than yesterday but q points lower than
spot prices FOR midding now prevailine
Ia that market. New orleans futures
We're point lower thun yesterday on
hratlN al positions at the close today,
wniic Liverpool onls advanced i.-oii
Thc worlfs visible supply decreased Nc =
no haics during the week which was lust
about the amount lost during the CORE
spohiirs TINE last year. rhi, year. how
ever. The total visible liz i03I. daA bale. less
IMAM IN ff' consequently Il frequent rcpe-
utiun Of asst weeks record Will soon make
starthnE aecrcuse N tho supply.
A,,rtf,st ~ * ,,',',,,1, 49, ,- sNals Win
tulo,, ih,r.,of,.J ., 49,. ''io
HE "a" gay, but closed AT wrSOu. nctc-
rS.,i a., oS',- 49, "i ii "a ~ ana
list ''''' "'''''a' '"@' Nvs'1'-
New or!ennn futures opened steady. with
NH :; ~ Jt.,, w. hlane a. 't', 'o'
- ~, d, ."ttH'h WV p"y elu lhe 'iosihS
dsy oe,oin,, u,cr',,,sa,,mat' .".s'lo W y.s'er.
~ c WV t,s ., '"e uoy,
vnr,.'', 800. ',,,ri"pu's u'i saNahhrh al
tations I'm, naynpo 1' n,,,. 'fNiscu quo
Mii,,am " King of New York wrote
.arsi,i Richardson under date of Aprh
the summon ,n,,,,,, '., '''
Wv '"'''i'c' months ana while he has
found but little outside support of any de-
scrlp,ion vel bn h,. ,,,.,.,...,.,, ~, ~,
~ w mas s"'eee"ed III adj
'"hN'hh prices somewhat lie has had 10
buy latscly and must be heavily lon,; of
Mays. Jgncs and August. While | say hc
must be heavily long, should quarry
this by adding Thai he cnuid ,ns'iv 81,
quietly through brokers and thus cove, M
some extent. thongh very n,,,cn nn,in T !, 10
Am inclined 10 ben,vn i'm, a.. a., ~, ~
ming for sone few large ~h,rIs ma WIN
got them uniuss come adverse .lr,,,n,'
stances arise. Euiunr has n nm, NJ.
fa1den Is on OF the shorts but / can ma,
vouch for H. ~ The EXPORTS coutin,,, "a
fow weeks more ,,ili SOC s,ocks ,rno,lv
diminished and shorts ANY H. srnrrI t,is
T~de here is stil v.,v ma pnoIl4 t.orv
STOW of sale. with this condii ION nr.No.i
irs, az udvanu. IN the raw ma ..rial nirht
hasten the closing of many Enlteru nils >
Houston cxpcc;ts ig.a to 1903 bale, Mon.
day. aBai ST 1915 on the s,mc .,nv i,s,
scnr. N he estimate nj New Orleans is fn,
1870 10 1870 against oslo
kiRR of New York wired carviI G. p,cb
aflson AT 1880 a. m. "rcn ,housnnt
freight engaged lime sblp,nar, 4. ,a