The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1896-11-15
COTTON MARKET REVIEW.
Lvcrpools Loss Not as Laroe as
Expected.
COTTON STATISTICS SEEM BulllSH.
hut Spinners Arc SIN believers I'm
nig Crop-Stocks Are Not Ex-
cesstvc--rhc Quotations.
Office OF The Post.

Liverpool was rather better than ex-
pected this morning, considering the heavy
decline at New York Friday. The foreign
market showed u loss OF 3-6iQi3is-oid ON
FUTURES while spots declined Lied New
YORK fuiures opened with a builsh look.
adVa|ons points early In the day. but
soon lost this, closing at .dst rights tag
ures On the near months and about point
up on the distant positions. New Orleans
CLOSED points of, which is practically the
uiHouht OF the decline that was recovered
late yesterday Afternoon.
ME tue bears have been very success
iui IN thcr attacks upon the market re-
Gently There are many conservative opc-
'"'o's VINO contend that there Is moth .ng
IN the statistical position of cotton TO
warrant the present low prices. They be
lieve that those who are basine their bear.
.sh Vows upon the heavy receipts that
nave been noted so far VIII soon be con-
Nihced that thdsc can not lie taken as AN
'hdicai"n of a crop above the average.
IL is very noticeable that, despite the fact
OF movement a month edriier than ever
before known, and an unprecedented har-
Vesilng sNason, resulting in receipts con
s.derahly IN excess of the same time last
year, the stocks at no point are unusually
large. AT United States ports. where re
es'p's ia'' o''' h'"rly l'"''VV bales in
~ e7' u, ''iS' Seaf' STOCKS SNOW an excess
VI o''iy iVVV" palcS. Al 81 Interior towns
S'oeMS are now j"'t ''>'v'e bales against
''''V'O al ms ut"e las. year an excess
''s Sc"soil OF merely 900. The worlI's
visible supply IS l5oco bales less than on
",''' uAt' III mo TieSe are certainly bull
'sH Hsures ana may grow stronger us the
season &c
Vince the SINNER NJ , sbor,. cr,,, .,,,,t,'..,,
l,ov,n,.ar a,s,...t,,, ''NP '"''''N'
continue in favor of the bears
Al to5av,. sose5c,, Nan. vn,.
o,,l.,,..t go, 'sI' -NeW YORK INJURIES
Nf'4eu steduA, WIN iNl bid for January.
Soon after thls a sale was male q, =,
but from mi, r,t,,, - ~ ''.'
"s ron, '''la pom, inc market began to
bofor,, the .-lnsa ,hnrn ,,,s , .,tr. -,
proven,ont nn.I ns,,,.s ha',,, go "a ''''-
the same as l1st gifts CLOSE March sold
at 7gi for tho highest and ? Is loc,..st
cioe,, ~, qo.,- 90 -. 49, no
'''7 "' '''-"'''o' against '''l9 wv yes
terday.
In sew Orleans Docembrr onenol with
A h,1 ,.,, =, ''"e' opone' wiz"
pei to 1874 and closed a, 7.SSa7 49, against
:. iGli7. A Yesterday J,nu,ry so,l ~, -
e,-I, ia ,i, d,,. ,..,.,al 4. -, '''
10y - " "aS' u'opPei TO ia ana closed
al Z 4HH750.
Edwin Il. Violet of Now Orleans writes
as follows in his ,narl,c, latter % ,foyo,r
.,or,,, ''''e' vi .N'N''"-
W., 4''
The weekly movement promises TO con.
tiru,. on n liberal sonia n, io,-, tr a.,
49,, "' 'hS' 'o' 'ne
"e"' ~" "'thS. me movement can not
be considered indicative of the crop. as
facts other tr.n vieid b,,, ,..r.rt,,,,o,
- go, 'o'' -""''"
a. sMtH thr amount marketed. In the
n i PMCe' tne crop IS decidedly early MS
b0,ni'atv' WIN prINlouS Years ana the
W, t.S' ''up; a. WIN nplh the inilspo-
Hlll2H ai'u rum. ny OF 'he producer TO
io.u' ne' slV1i con 'hno"s iio" OF cotton
~ IoI'iitrIe ~ c'iueIs'
lioW lar me derll-" WIN proceed Is
mater OF CONJECTURE, put as long IS re-
CclpIS cohlinu" ifhNN IL VIII ne dl'ncuit
mater 10 cohN!hiH ne spinner or short
crop w rs which ma no confirmation
III eNSt.HE lhptS:
our ~ non 81 me course or the market
naS' " =, nleasur.' nren rea,izeli inc POI,
ICY q nuFHE 'nat Which we grow 10 scl
u,gd.y rgults IN increasing our stock OF
EXP renee on inc eApHnse OF our mohseNed
% 81, ~. n"' " ,n.s iact