The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1897-06-30

Totals ................... 23,7to,O,c 22.,l5pol
In discussing the future course Of
prices. Landader n GO; say III, then, as
very backward. and the prospects Just
now not so c1lcorraSing IS al ms period
Ter iosittors should be a, such a great
discount when We know for a fact thar
our stocks bv,, Srptemhe' VII probably
prove The smallest fer many years plsi:
unless. then. YOU are OF tie opinion That
we have 10 face a large yield from tie
present crop. 994d-heing nd below tie
average rrice of crop lS9i-T-inish; be
iusilicd. but it Is hot reasonable to as
sumo that irrespective as 10 how S,Vor-
able tho prosnects a.. for large. Weld.
We should certainly witness healthy adj
vance at the opehns of tn shppns sea-
son. owing 20 the large demand VIE n Is
sure 10 take place: M.anwh!le, under in
iluencc OF favorable cror accounts, we
may decline probably I'D per pound. ON
The other hand should We experience adj
ditional setbacks TO t!e present crop. 1t /.
enaN al once.., These are the Cardinal
points at ,Ssue.
New York, June 2o-The cotton market
ope,ed quiet. but firm. at an advance OF
| 305 points. cables being better than looked
| fer, crop accounts, while conflicting, re-
porting too much heat and urotr,cte1
| dto"lh Tha average geographic crop ac-
counts, however. remain bearlsh. FOLLOW
| ing Inc lrsl all. the m3tket rcc-dcd par-
which led to some realizing ON local nc
| count. But again there DEVELOPED a strong
! feeling on Indications of a demand for
| snot cotton from American spnners in
| GLIDING thCSa from The South. From the
| closing pr.ces of yesterday to the closing
| point To-Day, there was an advance of "a
| Il ponNs' Tradins however. was not par
| ilcuhrly active at any time of the day
| During tho forenoon local traders ra5ied
| the market. hut changed front promptly
on inilcalions Of pronounced stabAity In
| outside buying The advance. however
has been largely on covering. following
| reports of unfivorahle cordItons In the
| Atlan1ic territory, ms well as M parts of
| the Gulf States, with Tennessee. Misss-
| sippi and Louisiana In par lctt,l,' sending
| out favorable advlces. The marhe; closrn
steady at ne; advance of ia1l points
with the toni sales fully 1880 bales.
| New York. June e3,-Ilubbsrd Bros, g
Co.'S cotton letter says; The private crop
advices have heer so favorable of late
that the statement by the government
that a general rain was needed over the
cotton belt caused an advance based upon
the recollection of the drouih last season.
Whi,e the Angus; positiol has been the
weakest. American spnners have made
our stock and whether promp; shipment
could be made No increase In epecull-
ton Is Yet noticeable. the main buying
'N'''''S ShpEtst WHO 90 not care
| maintain their position over the houdavs
The change in the temper OF freirh, bust.
ness has undoubtedly had the effect Of
shaking the confidence in lower pr.ces
New York, June 29-'The market "a sub-
ject to favorable weather conditions and
derives strength from the fact that n,o
demands for seasonable goods arc rreer
in all lines In jobbsrs' hands Il is taken
advantage Of by handling goods suttahle
for clearing sales in large quantities. In
all the starle limos there is little improve
ment and preparations for stock taking
are engro ssiag the attention of nearly ali
the jobbers AMI retailers. In s,anIe cot.
tons the market IS firm and dull. Print
cloths quiet. The quotations on spot OK.
tras IS still 2ts. but trading IL no. isayx'
rents are DUH IN staple liaes. In fancios
vim.
Cotton Paints.
Northern SINNERS took l6.l2s haIes las,
week, against 6s7 for the CORRESPONDING
week last YEAR.
| Total contirHntal stocks Of cotton ara
now h2s.oO bales and compare with 600 an
al THIS time last season.
| 'Deductng the amount on shipboard
| Lnitti Sta.es norx stocks are now ls5.O00
hsles' AGAINST 10000 year ago
st. Louis continues to receive cotto,
Iron somewhere. That market got are