The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1896-11-06
COTTON MARKET REVIEW.
Spots Arc Reported Ia Demand at
Steady Prices.
SPECULATIVE MARKETS ARE WEAK
Futures Closed Lower at Home and
Abroad frosts In Texas Had
LIt,ie Eject.
ofnee Of The Post


liverpool closed only 2-6ii lower than
yesterday. despite the bis slump on THIS
side. Spots. which advanced S-Ssd yes
tcrday. were today marked down l-l5i.
with sales OF le.coo bales The foreigners
we're also reported good buyers ia the
American speculative markets. having
changed from their attitude OF the day
before. In addition to these rather favor.
able influences there were authentic re-
ports OF frost In different portions OF
Texas New York and Now orleans
started on on an upward stride, In re-
Spouse thereto, but after an advance OF
about 10 points began to lose ground rap
idly closing lew points lower than yes
tcrday.
The weakness Of the American markets
today and Yesterday has been somewhat
~ 3 surprise 80 the trade and many sccm
to think there VIII soon be decided
change of front. The continued sicadincss
% sroI cotton IS favorable fcatuTc. aud
Il is reported that all offerings are readily
accepted. /, is also stated that part ot
the depression IN tho speculative markets
is .auscd by tho selling OF futures aeatnst
purchases OF SPOT cotton IN tho South.
At ,odAy's session New York futures
opened steady. with ~ bid for January,
purng the forenoon the price advanced 20
S0I. bus by noon had dropped back TO
sol The last actual WAS s95 asalufl
20 yesterday. March sofa al SIC early
10 tho session, but dropped 90 SOS on the
closing oall
an New Orleans December opened VITA
I5S hid, advanced 30 iae hy Ma then bee
gan drcline. closing ai the lowest ue-
urcs OF the dal--75oI5.r. asasns. ia,1,d2
yesterday. January soll ut 40 Tor tha
highest ami 56i lowest
Houston expects !o@ to $40 bales io-
morrow. asslns, $50 last year. aud ise'N
in iN{ The estimate a. New 0rlcBus b,
fcr idco to ii.co. as nns' Ssei last year.
Atwood Violet 4 60 of Now YORK. Say
in thnlr iasi market letttr
Ntha rs ut Ncr' Erolt inheritance IS tho
lHnouHceiugnt ley hiAauu ol his estimate
OF ibo world. consumption Tor The tWrtN"
months, beginning october / cat which
date their cotton season hcClus, instead ~
september L. as on ihls siuol or $4,000.
against s4ei,cN last Year Now, whether
one believes ln an N~'1.l'p or a.ep 60 crog
or az intermediate one. ~ IS necessary 90
add TO ones estimate. the worlds Nisihl"
of American brought over into this crop
from last season. IN order io STRIVE nf ga"
profitable aIppiy. This Nirihi" Uf American
on August = last or .hrcc davs before
the end of las; season. was i1itpni hlic-
Saw MS rrop MIL I've NANp,s- add. 80
round Hrurrs Il, lrl an bales iu sight sep
t,n,bc, l9si unf ,he .grply 10 mex SOP
tenlb.r vii be aGMao Deduct = Nl ato
cou.ut,. rtion trl n Wouit srfn TO po.nt
20 "a N-i4n,l% snprfy srrfcnh.r ISL lu
.hf ounty> s{, eto'.k- AT IJvcrts,,,l
lisvrc tfan,tn,.g tr.,rru An1str~A.n,
pottrr,i1n, Antwerp M,rs.i,ies Rer,r-
Iona Genoa ,rb .r,tsa,c ~ sdi 0ei a.-tins,
rc,i,slg ,,,yi. a., ~, .., t,,s.., ,,,,,
bc mArxctct alter 0ctopor 81 In ruur
fluutc. IL on bttles Ia other words
IN Notrr,h,r pere most p, an pl,uta
Inns npt al rftfe. ana f,,, as. i'm ti., e,uth
ofi..f f1,a tb. -hirf, nm, i..{i.,t, .,,i.,l,r
polnis. vc.ki, reported D, al. Chronicle