The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1897-04-02
COTTON MARKET REVIEW.
New York Futures Lost Five or Six
Points.
LIVERPOOL SPOTS WERE HIGHER.
Large CIcnranccs mt Brunswicio
ucIucd ont Port Wccctpts-I'ig-
urinE on the TcNns Crop.
office of The Post.

A favorable feature OF the cotton market
today was Livorpools spot business, l2,VN
bales being sold at an advance of l-3gd'
Futures also closed ia-6id higher In the
foreign markets. The Improvement abroad
caused only a temporary chow of strength
on THIS side however. and the American
markets soon lapsei into the old state of
dullness and inactivity A bsai'sh raid dur
ing the afternoon caused prices to decline
or points. with very little resistance
from the bulls.
Clearanccs of 1925 bales at Brunswick
today caused the port receipts TO show a
total of lO,6SI bales against J6i6 last year.
While the exports this week have been
about 20.o0o bales ahead of the port re-
ceipts, the total export movement for tho
six days is fully 5000 less than for the
same time last year. Port stocks now
show an excess of $4,000 bales In compar.-
son with the amount on hand the first OF
April 1896. over one-half of this excess
is included in New Yorks stock.
AT today's Session New York futures
opened steady, with May selling at 1902.
The price fuciuatcd between 7.ol and TOP
un.il noon, advanced TO 7.o3 soon there
after. and then began TO decline quite
rapidly. reaching bottom at 6.T. The
final sale was at that figure. against 7.0ilo
7.o2 yesterday. August sold at ia early
in the session, but fell to 7.M during the
afternoon. closing at 7Wq7.0S, against
7.l2n7 l3 yesterday.
In New orleans, May opened with co.
bid, sold at 6.93 for the highest and fell
to d.Sl, the closing figures beng 6.Su6. ~.
against 6.9l06.y3 yesterday. July sold al
b.3i early in the session, but dropped 10
6.S9 by the close
Unless Texas has another phenomenal
August movement. 1t ts hardly possible
that the 1861 returns from this State will
reach the 10000 babes that have been
figured upon by crop gucssers. Secretary
Hes.ers figures will probably show 1900
ba!as brought into sight during March
max ng the total since September / 2.070,-
go. With tbs much known, the move
ment Tor the next four months may be
guessed at as follows; April i0,0UD, May
1000. June and July 5000; total to August
!, 2,l5O~c This would leave 10000 bales
for August TO shoulder in order to make
out the 100000.
NJ. Fasch of Havre observes In his latest
Circular:
'Spinncrs in the continent are not over
Ht'NhV'A N'lls GoNtoi, Lile nope OF Il larger
american crop tnan IL has turned CUT,
nrst and then the apprehension of war,
have prevented them from covering more
tlsin Their current requirements. We may,
therefore. count, without political disturb
arcus on a total delivery of 100000 bales
to oil European mills during the whole
season."
10 express in figures some deductions,
NJ. Pasch has made up the following ia
BILE 900 omitted:
1867. 1s95-G. lSg4-5
Bales BaleS. Bales,
American crops. $3.50 1850 $3.50
OF which TO American,
Canadian, Mexican,
etc. mills ........... ESQ 275o 2glC
Leaving fQr Europe &c. $50 4.i,O c,3SO
Est'n.t-'lhs InqlA to
flrn sh ............. 100 1,O3O SO
Egypt Observation-Disclosures. 40 80 Col
SunIr.es ................. 30 20 30
To supply for Europe. 1920 $3.50 S,7lO
Adding thereto { he
stocks m the ports of
Europe on Septem-
hf'r 50. 1896. 1895 and
1891 INSTRUMENTATION. 700 1910 1,3W
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