The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1896-12-01
New York Adycnc cd Fifteen Points
from the Lowest.
THE SPOT Markets ARE VERY FIRM,
Holders Anticipate small Receipts mt
Interior Towns This Wcek.-De-
cen,bcr VIII He Watched.
Office Of The Post.

I At one time, though closing only 2-t'
(, lower than saturday Spots were Lila
on. with fair demand reported III
early weakness at Liverpool had an un
favorable influence upon the America
speculative markets, and futures ut New
York and New orleans opened a. a slie h
decline. kilograms stated that tier,
were very few sellers at the decline, how
, ever AMI when good buying orders bcgai
TO come In futures Immediately took a,
upward course New York sold 10 point:
above the lowest during the afternoon
ana closed to . points higher than Sat
uriay's final figures. New Orleans adj
venced "a points from the opening tg.
urcs. and showed A total gain OF point.
as compared with Saturdays close
One of the main reasons for the bette.
feeling today was a renewal of the reports
of decreased movement from this tir.c
on. The present siege of cold and rainy
weather will no doubt cause a temporary
decrease in the marketing of wagon cot.
ton throughout the South and holders OF
Inc staple viii be inclined to ask higher
Prices. The receuts at several interior
| towns today were smaller :ban last year
| HOUSTON had 1000 bales less than on this
cate in 1s9j and 1900 babes less than on
Monday of last week.
| The December receipts will have a great
bearing upon the price of cotton and Will
br closely watched by the trade Thls
week the smaller movement Will not be
que TO natural causes and viii perhaps
have only a temporary effect upon the
market.
should the receipts continue to fan OFT,
| however. the claim that the bulk of the
IN" crop has been marketed in the FIRST
Three months of the season would be suh-
s'antiated and could hardly fail or a
bullish effect upon prices. on the other
hand. If December receipts are very large
IL Will be difficult TO even maintain pres
ent prices. according to the belief of many
conservative traders
The Southern spot markets were very
steady today An advance of 1-l6c was
recorded at New Orleans, while Houston
maintained the higher prices announced
last week.
AT today's session New York futures
opened easy and lower. January being Of
Tered at 7.S. Prices began to improve
soon after the opening call ana by noon
I.59 was asked for January. The high
est sale was at 1853 and closing figures
We're 7.60a76l against 752a7.5S Saturday.
March sold at 1853 for the lowest and 1.1S
highest. closing at 774u775.
In New Orleans January opened at IA,
advanced to Isl during the session ana
closed at 7.Sjd',3i, against 1861 70 Sat
urday. March opened with IA bid ana
advanced to 7.5i before the close. FINAL
figures were ,.5og7.5l.
Hugh f. McElroy of New Orleans writes
as follows in his market letter of Novem-
her 2s. When we rota some of tho ,,r,-
peratures prevailing in this Southern
country yesterday, and contemplate the
lower level for ronirht. there is no ann.
Guilty in arriving at the conclusion that
very decided falling off in the movement
VII be he immediate result. With roads
% degrees the white FARMER is MOI anxtoiIs
to . IGnve hls lireside. aud the black one
s sH" ,r, .'os DC n,oNeu from 'here with
There vii ha ii,,io co,,o, ,o,,,o, 60 ,,x
ket during ,hc continuance of the cold
efocts are sbow ay pe mo wvs pei h Its
operator however. ontic,patcs mis- re Mil
ana takes advantage Of such unrea i
cheap COTTON. our reccnr ndvtcesS row n" p ,nS
interior have been un1nimo,Is in renor,i,n,
Ven, ,h' ,,S, 'ri,ii,'ous IN reporting
weather they win be douhiy light.
on futures. spots remained MOI only mn
hut firm at quotations. win
Fcoi slles the aggregate for the half day
reason that he towns are not RECEIVING
coy go, on, ana therefore have little to otter,
thnt thov yin have Ia Is, me me neNt Week ~
meut may continue full for n tcyy ,e',ys
, mrnS but there will be 4 decided ana |
c!dedly cheap un.icr ,bo an irp prices arc de-