The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1896-03-19
The Predicted Squeeze" Has Caught
the Shorts.
PRICES ARE AGAIN SENT SKyWARD.
mo summer Months Arc Especially
Failures Advanced Twenty
Five Points In Two Days.
orncc of The Post.

N'NN hdlNtlS were AttlNe ana excited,
and the shorts became wild IN their an.
Siety TO cover. They had been warne,,
Tor weeks pas, OF the advance that was
pound 10 come, and which was justified
ny the strong statistical position OF the
STAPLE, but refused TO heed the advice,
Thcy continued In their bearish method
OF depressing the market. sold thousands
and thousands OF bales FOR future deity
cry ana now suddenly nnd ihemrelvcs
caught In the predicted SOU ,exc. In tn,
anxiety to cover they are greatly assist
ing tho upward movement, and with she
bis leaders at New York stu hullish In
their views It is generally believed tnat
the top has not yet been reached
Naturally the future course OF the mar
ket is uncertain Just at this time. but
with the assistance of outside buying II
would not seem difficult FOR the bulls to
firmly establish higher level OF prices.
Certainly the position OF the staple Is
becoming stronger every day and the
wctlNy consumption shows no decrease.
According 80 Mr. Enisou's figures tho
European consumption ia greater now
Than Mt this time last year. whom tho
visible supply was over llo0.0ol balos
larger,
Todny'~ receipts were only 97ie halcs,
against l1io2 on the same day laAt year.
The semi weekly inferior movement show
cd receipts of lieN bales and shipments
OF &Nl indicating that stocks at In
terror points hive dccreascd ll,0oo bales
for the half week Port stocks now show
deficit OF 2SO0N bales az compared with
,,,,t,,,.., 80 49, go, -.
-, ..,,. ,oeo .sa,
New York futures opened firm to
po"9 up lho ADVANCE was continued
u''ouNh'u' '1' 9'ss'''' anu 'ne ''os"E
Wa st.tuN 10 to III points higher than
Yesterday ON tho summer moutra while
~ -
inc ulHlHn' loW' ION" were 'e plh'S w
May sold &c lsi on the opening and Ad-
,.,,.oa ,n-n ,,.,t,s. 7,.s- d.. ,cet,,-
CAV 'N'H''
New orleans futures opened very steady
d.. q rotrt. ana ,,n,i ,io..i tu q, Ia toIata
, ,,..,
nl'l'V '""h N'a'''l''' ""S
soii AZ 81 for the lowest and no high
,st rloaiur Mt 7GStq. apainst 1851 yos-
-. .,..,., ,..t,rd,v a. 49,
l'IN"S' AHAYSt - i.,,. .,,, .i,',d M
cpneu ~ "ei ms mtlnNs NY r",ntH ."
go eallY N 'hn session an" "'N'"'-" J."
80. ... 81, ,.,,,,,, ,,a
~ ~ .',.+.,'ni ,.,,,,,tod n f,tr denund
hlhn't lntNl Ppo' I'm Nprt Nrv Or
~ l-l''i aNT' c.l,cstnn nnd Stvnnnnn
leans iuiu pn ~ Nv NM vnsl.rfiav'
were HH ~ "e''' wv"
,,. .,,,,s, .t,..,ln, .nutntbtnn m,
Mem BROS. l@'eS' ~ V"'ui you wy
following: 1t would he ihlr 10 compare
this ycar'g deliveries with those of other
drouahtv seasons. The most notable of
40 . 49,. s,,,o,,.,r,, a,,or,it,,,.
to the figures of the NV Orloana cotton
exchange.
DclVVrioq 1856 1880 iSS1-S 1861 1875
sent lam sAGhll Gzpf 5g3i $40 4as1
Edual nor Gem
OF tbr cron. . $500 N5b 86S NN
Crop d,Iivcr.d...... 7.3li 1881 6,5lJ 06dg
Calculating on
fhosc - -
ccntagcs, the
total delivery
for this year
looks llk ......,.t.., 40 -6b70-66iO $50
Wp know OF no faiter mode than thiH OF
JUDGING tho crup AZ the period Of the
season, for nothing ia more obvious m
the Who'll question than the justice OF
crops. and therefore. nearly maturct
ones. with each other, and thu ahsurJily
of comparing The delivery Of an carly
fnatufed crop with that OF late ones We
have more than once iutimated that We
regretted and were opposed Din November
and subsequently, 10 making any Tedilc-