The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1897-01-24
COTTON MARKET REVIEW.
Futures Were Slightly Loser In All
Markets
VERY LITTLE OUTSIDE SPECULATION.
New York Advices Report the Trad
Ing Purely L0cal-Spots Remain
Stsady-Reccipts at Forte.
Office Of The Post,
Houston, Saturday. january q

Houston Saturday. january e
The American spot markets hold very
steady today. but futures were easler, clos.
ting to points lower than yesterday
Liverpool proved u disappointment. flu
lures tn that market showing a loss OF
2-64d. while spots declined l-32d. Teicgrams
from New York stated that the trading
there was purely local. no outside interest
whatever being manifested. Sales were
very light. even for a Saturday. tho total
at New York beng only 3s. 100 bales.
There were no new features developed to-
day and the main interest conferred IN the
discussion of the probable movement this
week. Port receipts promise to be quite
large Monday. New Orleans alone expect
ing 1900 TO 1900 bales. against 500 on
the same day last year. The port move
ment however will undoubtedly be at The
expense of interior stocks to n large ex-
tent. Houston. the largest interior mar
ket. for example, VIII have only 1000 to 900
bales Monday as compared with Si49 on
the corresponding date in 1895.
Port receipts amounted to n 800 bales
today. OF this total $751; were unexpected
clcaances at Brunswick. making the port
movement for the day about ll,O0o larger
than on this date hast year. The Chron-
icle's figures of the worlds visible supply
showed a decrease of $1,000 bales for tire
week. against a decrease OF 5000 for the
same week last year. Stocks ut thirty-one
leading Interior towns decreased 10000
bales and the total stock Is 81, 900 bales lass
than on this day i'm 1896.
At today's session New York futures
opened quiet. with 7.o6 bid for March. The
towes, sale was at 7.05, and from this
no.nt the price advanced to 40. closing at
Z o7N7 .0s. against Z .09 yesterday. May sold
at 7.l9 for tho lowest and 7.24 highest
closing at 7.2ig7.2a. against 72ea7. % yes
tprday August showed a decline of 2
points and the fall months we're 4A5 points
off.
In New Orleans March opened with 6.SS
bid. sold at $50 soon thereafter and closed
at 6.6Ge.S ~ against 6.NG6.9i yesterday.
The days loss on May contracts was 3
points and on August and October points.
New York. january est was day OF
small things on the cotton exchange, with
traders disappointed at the character OF
the Liverpool cables and also disposed to
sal. following less favorable accounts
from Fall River as TO the outlook for print
cloths and staple goods. Liquidation FOL
lowed and the market became de sucdly
weak. at one time showing loss OF to
8 points on the remote deliveries, Local
sentiment - inclined TO he bearlsh In tho
absence Of speculative support. and the
market closed at best steady. with prices
finally unchanged to . points lower az
compared with the closing figures of the
previous day.
| New York, January S--Hubbard Bros
G. Co. cay: Europe Is heavily short of cot
| ton i'm this market ana with a small specu.
! lution we have so far failed to respond to
| the decreasing movement though demand
| for cotton In the South Inns advanced The
markets there in several Instances above
| our quotations