The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1896-02-29
COTTON MARKET REVIEW.
There Mas No Improvement IN the
Situation.
LIVERPOOL FUTURES DROPPED AGAIN
Prices A'c Now nj tho Lowest Point
Reached This season--selIipg tho
New crop.
DOL FUTURES DROPPED AGAIN
ofncc OF The Post.

| months while fall quotations were lrp
l-gla lower than vcstr,,iav snot, Were
a,s '''.',Ns So
"s' N"""' anu '"o be"Pi"i S''""'''" u
the foreign market showed considerable
weakness, the bcarish tone boing ami,
| a., -.,. 81, 80 -, -,
''V opp"s'o o. 'he influence iro'" '""
side heretofore, The American market
made an nttempt nj tho openinu TO iynor,
Tho cor1,,t,, nt,o,d t,,, h..,,. ,,.,,,,, !,
o oo vo'u,' ootoau' nut nes,y
a,u ,or riVains MaS rev po'"'s iowe'
MAY contrnCts closed I'm New YORK TO
day ~ T,54-o5. the lowest prices OF the sea
non Ihe ruling month ~ futures las'
lilo of that mnnth tnn, NAN ,.,n'ra"ts sclr
tor g,N.SS. In January OF this yenr "a,
highest quotation on May was 3S or u
points above prices rullnR at today's close
Spots IN New York today, nlidlung hasis
urr Z 1916, AGAINST o a.S on October Is, the
highest Tor the year. Middliug spots N
| New York about The first OF January were
h-l6c, showing a decline OF w turing
the paat two months.
New orleans futures closed at 7l2-iS for
May to-day. against Si2-lS Oh January 3
and s.Oj-O2 February I During tho month
OF February thn net decline ON this month
| has been 50 points October sold In New
| orleans AT 701-Q6 on the closiug caii to
day, AGAINST f7a-SO mt the beginning oil
the yonr aud 1881 February l. Spots IN
| New orleans are &c lower than OH Iau-
unry {.
According 10 Secretary Heaters figures
the amount In eight for the wcrN In t06
co.. alaihvt "a Un0 durlug the came Weefl
ia 1871 This makes u total for the crop
season to February q Of 6t0t.Nm bases,
| against \ ~ an to NRr,h last wear. Inc
movement of the crop certainly continues
upon larger scale than tho Rmhll taU-
mates early ~ tho acason led the trade
! to expect. and recent figures have eau 'cd
| many to believe IN larger crop than
| iWD,0o1 bales.
| In connection with tho above figures and
| tn. mo, ,h, , NO., - -, -, o., ,s,
WV ''i'' ','p 81 Nv ''"S' hV'''V'
| oal'S hr'hH To u" Indicated the following
| from New York correspondent viii 10
of Interest:
..n', .,., ,.., 49,. -.
no,o, r'i'l.''t' ''.' 'n'ne ~ ~ u, V,| w., ~
| ,,'N'u ' "u'S. u iv1.oN N'out ,""vv' nn',s
, T." Vn!,V ''' eis", '''ur N",vh '"n w,
VA nun l,"' ~, MUS o. li'i' tv",'lS
M,'i ''Vu az "i w i,VuV'V,p p"'s' ~ NY
, ,no IA, ~ "', NlNn thNl' be 'n7 Wv WI ~,
| ,,o1'ooV p"''H iesa Nt.'h laN' 2'1t, huu hoV",
they WIN REQUIRE which latter figure -
| ia G,yo "n,rio1 ,y,r fronn l,st vrnq 'fnni
American mills viii take this entire ml,-
non hnlcs IN, hears Tony Some hcals
hnloN nom now on. If thov d" tal,~ inc
entire million bnlcs To como In slght. aigue
ne pnn'' u wiz l'aN" lh' LdNVn hu'e'
lar ,xro,I I'm ,ST,'' n,Ny tia ,bn nn,, ANN
comes Ia. II the exporters take az mucn
from now on nH they took last Your they
,ba, yam er '' nv ~ ,hc,, ,n ,'",o YIN, ,
,,",'gn' ~" W. Nnlcr,vo, ihatonl %, my
,JS VI , NJ, ~ MN ,m.1 ~ NY
XVI, M 49, ,i ,, - ;is,t n,,,,,
= 49,. -, t,,, , ~ 9''ou' """''"
w., .,,,i,' N'i,i'". o. i"s, YOU.
ne nuns punt oul llht lnleSH mo "N'
f1l,'.a no lhhe aa Ihuch ~ tn'F TOOK lhYt
E1ar rom no" on thcy WI nave export
"a tilN t0nNon less tnhh ~ any s"hHou IN
Ihe past tch years, except the season OF
iM5,1' wh,rh was the Nrnr OF the h'g
strike In Manchester and oven In that
Ncar ihoy took 100000 bales. or only
about 10000 bales less thnn they VIII nave
tnlton this year n they took every avail
Certainly, 40 fat ar exports go. thorc
Is nothing to rhoW that mn cxhauston OF
sibic or even not rrobablc A FOR tek.
ings Of American epiuuorg they rontln,to
on scale TO Justify me hun nreimrf,t
and iis concusious"
Mr. Tobn ri Iu,,nn .,,,a no doo. M,
ovn,o, 60 ..a -, ~ an, M, ,,,.
'N''o' !" Ne" another i"V'o'"' hhIN crop
OF cotton for the next ten years Hc
SAYS II r. tho season. and not the acre
az" that mikes tho crop and he does not
believe that such season rs the y,ar be-
fire InQt will oo,,,,r ,,,,,l,, ,o, 49,. -,
NJ, 49," wv '"'N P'''"''
ne does mol believe the present crop VIII
he r,naid,,.. y nor. a,,, ,,,.,,.,,., -.
~ - 800 '''NA'''N'N "'i'"ts' |
as very reasonable estimate
, New York. February 2s.--The cotton mar |
kct opened lbs points higher. the early |
cnrly Indications AS TO interior receipts |
i' oil,, ,n'B 20 nGnter movement than had
i,,i. n'J ~, LOT riuenily combustion |
Lot hrokc 4 mc,,,s w. s th III Wv , mar
and closed very quiet al about ma lowost |
prices Reports from Nov, England On the
question OF short TIME are committing |
some sny that the New ENGLAND Hpirnors
ar" more disposed than ever to resort 10
suyia ti,ne -efihih huIs here. however.
.laim 'nat me short time movement IL
wrak.n M ,'nnt cnt,o,' r ,u 10
them "A hot,cr huvi,,t, ic,'1 AZ "''' nv" @'e
New York February 2s-tIubbard nro,
& co.'s cotton letter says. In spite Of
me comparative light movement the mar
set closed baroly steady at the lowest
lte renewed reports from New England