The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1897-07-06
COTTON MARKET REVIEW.
,,v,roool Recovered Small Part OF
saturdays Loss.
lively SESSION EXPECTED TODAY
-n.,, VIII De Ready for h"s'-
AL .u,,u-wcnthcr Will BE
the Factor.
office of The Post,
houston, Monday, July 3

Offlce OF lIic pSs'
houston, Monday. July D.
,.~pool recovered a small part Oh 'ne
sr.,orded In that market SATURDAY,
u dosing today at an advance VI
iu.o ga Spo,s were steady at the
sa,,,nce with sales of 10000 bales
ns' .,s from Manchester and Lancashire
.ore favorable than for some 'ime
- ord there is likely to be good sum
p so,nand for raw cotton Many mus
s ~ r.s,,med operations after belhE smut
-. for several months, IN Aiher'oa
uoM" - mom splndcs at work than
VI VI, during the summer, consequently IL
ms ms very probable that all the aValiapie
S. ao,,on will be wanted no matter
ep nod the prospects appear for big
,..,a the coming season.
All MARKETS will be ready for business
IT, tomorrow, ard a lively session ~
,o,ed After an advance OF ABOUT 'ac
:. now room for some reaction es-
Italy os prices were doomed paftly ON
- -, ,rosnec,s. which may not be real
~ rordfiions throughout the cooion
~, an very good. taken as a whole
souc SECTORS are beginning 10
sawar Tor rain. As yet there Is nothing
:. o,cJte alarm in Texas. In TWO weeks
rom row there may be. Everything de-
,,ends upon the weather, and as TINS Is
',srv uncectain article. 1t Is probable thAe
ana sde Of the market is about as SAFE as
the other just now
n. T. Woods q Co, of New orleans
write: The advance. so far as 1t has pro-
cee,ed. has been wholly due TO the spot
nos,t,on and has in nowise been Influenced
nv either sentiment or speculation. In fact,
ejaculation has not only failed to con-
tribute toward the Improvement. but has
resisted IT. and even now gives but par
,,ai response to spot values. December
contracts close this evening at 500
whereas spots ara in active demand at
Le. In Other words, cotton for forward
tehyery can be had 81 per bale cheaper
than existing values. The position OF cot
ton grows stronger each succeeding day
Bales.
Port stocks are Observation-Disclosures. l73 ~
Interior stocks ACKNOWLEDGEMENTS. 46.uo0
To'ai STOCKS OBSERVATION-DISCLOSURES. 22i Az
lean mills from July to September l. was
aS0D. THIS year the mite OF consunptiO
TO July Is considerably greater than in
aSs; even granting it TO be the same there
will be lively scramble between foreign
nod home buyers for the little that is LETT.
~. Bales.
ne We commenced THIS season with. - 0oj
<0io nave now at all L. $. ports. rs 90
Hence We have disposed of.... 5000
Aose uan We have marketed. We must
Iousetnoef that We have heard nothing but
poot uaae Tor the pa.sl twelve months
40 40 us ports have Received thus far 40
w bs!es more than last year. and hay
~" eoVo bales less on hand, Il becomes
w. interesting problem 10 know how
siuu cotton II good trade year would
I Ise required We observe from The Of
.is'as lgures mat our exports Of cotton
Hooas shee January exceed any like ne
Wln,n the past ten years. We find
S,e southern mills reaching out from New
$500 ..' 70 new YORK to procure sufficient
eupp1y 10 run them until the next crop
anu we hnd New Orleans and New York
" no posiuon TO part with spot cotton
s ~rUu. leaving an unprotected short
SOM saIi,iier interest. whose obligations will
MI nj, oolhinehce no mature.
ahis port has now ~. 900 bales of which
~ SIN some ZOO today Tins nuoilnt il,
va smaller each day, and places Iuly
TI,,a August IN a decidedly strong nosltion.
nj, ~ the next crop. we know that
as su,. one VIII be i"cded huf we have no
''ce that it Will be grown.
-" second hale of the new crop OF cot
n was Shipped from Medina county sat
!. az announced in Yesterdays Post.
- was received at san Antonio today. he.
~, sese' DAYS ahead OF last wears Sec
=, ''a! which reached Houston July
neeVil'es first bale was expected to
80 upon the scene last week. but
hs, " 10 so. karnes county promises
uiis week. and doubtless tbere will
80. - On Tour more TO come into sight
' southwest Texas by The 10th instant.
,o 1n San Antonio Express of Sunday
.Ta" The following:
week ~ e,'erai expectations expressed last
ten IA u,as ram would bc rre,lod ,,hin
~ oays from that limo W.. ', t', W.,!ih
rsois san,,n OF the complaints from Va
here thss,.ons, especially northwest Of
ttssity no ans are row nm urpent ne
said to he an" ,,h recent dry, hot weather il
ana and Gillespie counti.s eV nmd Troh IN
10 thosa lam would prove i, rolis,,,I
pIuachinn s'uons. The lime Is fasf a.
mediate ne ,oi the FIRST bale from mis- i'm
Oh cotton In 49,, qcod, though the arrival
looked ~, IN apnreciable aua:tities is noi
month before the cnl Of he resent q. en-
Nys,ro,, rendleton, New York: "When
sales ,ha.l stocks are as low as now and
or moua ''e are as now about 70 o.o halo.
or hisbor earh day and prices either flro
to sell w., y does not seem pood noI,cw
GENTLY cor ," and the trade here is ey.-
Damage rann to that conclusion. The
d eaSplsatt,. hut not alarnInr o"r are NOR
a pSsshins he crop T reTv days rs are
e woald MAKE ii io So 90 or bal weather now
Increasing as new crop mo 5n n ' lredn n
o %TIsihs and pr y1%bnFGl Win he old cros
IS not yeFy herein Expressed tboi no,t tog
even II pty high. ali things c con- [SiIo,
not We, a ce,.ia crop is assured. when H.
'sroN PRICE CURRENT.