The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1896-05-10
COTTON MARKET REVIEW.
Speculation Dull and rluctuatio ions
Were Narrow.
A BIG DECREASE IN THE SUPPLY.
worlds visib,s IL Now Hollow Three
Million Baies-. A Big Railing on
Last Week.
Office OF Tho Post.

Office OF Tho Post,
Houston, Saturday. May ..
For the last three days the specuht ive
cotton markets have closed ut q slight
drcline aud prices In New York are now
$ 10 u points lower than the closing last
Wednesday, while New Orleans shows II
decline of to 10 points. All markets were
duh and embarrassing today and the
fluctuations IN prices were narrow, Liver
pool futurcs were not encouraging, show
ing a loss of l-6id. Spot prices were un-
changed In the foreign market. but New
York and Houston lost Lice.
The short interest IN tho markc, Is suli
to be very small now. aud II II were not
FOR tho uncertainty OF MIR. lnman's action
IT is quietly likely that prices would COON
show sharp decline The big New York
bun declntos that he has no, changed his
views, however, and the hears are In con
stunt fear thii Iva may at any moment use
his mauipuln,ive powers 10 bring about Il
further advance,
Although the amount of cotton that
came into sight last week was 600 bales
greater th.n during the corresponding,
week last year. The Worlus visible, supply
SHOWS II decrease of IinCN l-i,es for ths
wocii During the same week hist y.ur
tho supply puiy fell oif 1inO bales The
Nr''u = NiHtnir supply 81 cotton IA now
n,iNw VA, aNN'nN mark. being just 2aji,-
S,2 bales This is i.uio sid lrsa than M.
ulhouh' on mana 81 tAls ii'nc IN 1876 These
nguiNs make the strong statistical post
tl"h "' 'v't"i' tNil more u"iic'ahi" ana are
WY l"'"Nl ht'i'tS IN preventing the
bears from being ngrressive
NtW "Ih futures opened s'endy al yes
t't'N ilsur'S, pui CLOSED M decline of
20 PONIES August opened at sos sold
III s.pl .rriN In the session ltlt
pei 10 sfh
NV 'il'nnS futures opened al lnst
'NtilhG Ipit'S, nut soon rns"d on and
closed at n iecliir Of to ~,iuts. July
nuetnatrh between IlpI1.72. closing at
fIotFi IL
Violet 4 Mclclroy say in their weekly
rovirw of the market. dated New prl,,u.
~,
N.S
The principal feature OF III" week has
.vl,i,h las IN ...,,,.,,,,,, ,.,,, ,''a,.
non, ,,,,,r. =,
WV, - - - 80,
VT ,''a n,,. 49, ',,, ,'' t s','u"n
M ~ n.'n ,ng ''iHl's ,"n 10 s,ii shor, ing
nm "a. l.,nn our b.;inr In hlrhor url,,os
The heavier the short interest the moro
irpnp, must ne an euNnhrr si'uiI my
ming unfhNomhi1 occur, aud everybody
who has bad any experience IN cotton
NuNni" mus Know Unit hoiwithS"tdlnR
urN' Nv" months WIN inrnish' az hln'r'h'
,, ~ :" ,,,,' W '"S'n u'oi i,
,-, Us; ~
49, IN 'it7',,', 81 -, ,t ",
IL ''n'iN r'"' " ~ " MM',NH
va" 'ut"n Iihii' ~ i"'ui"'p h'h' WIN u
compensatory Hn"d Nufp1uh "i 'l'' "i"
crop on "tlrl, consumers mus, t'S "t,
shoud my danger threaten Ia" new crop
WY WI p' h,.,i,,i, 10 p,",,tt 'na,nSs ~
'W" 't' ,'i'l'In'',," VI Wy" "',''N "s
nhNlhF "'f'' ih"n'"r' "I,,'n' 'ni'n'"
~, inrN Gun F''liT" az ulr'"Hnt OF ','c
Tho amount of present crop brought mo
Nsht 10 date ~ b,'lsiS t1les Our read
ors Uluy draw their own conclusions III
10 tho ultimate ohiinrn, wh"i th"y nav"
hefpr" them tue amounts receiver In after
this date In previous yenrs. which were
as iollpMH. In 1870. $4,000. IN 1871 ;1jNn;
Houston expects 100 to Ono bales Mon
~, :. 80 ,,., -. H., ,
A,,.'. Az. 'h'iHinLr ~ .s. a''N N'''""S - '''
'9o' I" go "f"'''N'
,, Il. ,,,. -, t, ,,,,.,,, ,
Nh : ''"""'"' ~ WIN "''""" '''
ton buyer who mhhrS houston MS i''ni-
I'm t0dny for Curnpe He Win
't a., .,,,., t,t. al, az, .,,,,t,,,
:, ~ ,''. i' ~ ,,i,p..,.' f,,f',,
lnis N",nln't wv, , ,r,3,,,',s .',,,i
m,," ,,,,r,, -, III ,n,nn cnrlv IN ,bc f,I
New York. May o.-rheie was a very