The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1897-06-18
COTTON MARKET REVIEW.
Liverpool Had Another Day OF Big
Spot Sales.
FUTURES MADE A SLIGHT GAIN
Advanced Two TO Three Points In
the American Markets-Smnil
Speculative Business.
FUTURES MADE A SLlO
Office Of The Post.

Office Of The Post.
Houston. Thursday, June II.
LIverpool's spc: sales took another DIE
slice from the stocks at that market. but
II didn't create the enthusiasm in srech-
lation tina; the bulls counted upon Inc
total purchases In the English market TO-
day were 1900 bales. of which l2iW were
American. In thne days the takings nave
been e.oc0 bales, against receipts OF 4o''V
The bulls coi.tend that this big business
is due TO small stocks held by spinners
who kent out of the market as long as
r.ssihle in the hope of depressing prices.
Specula,ively the Liverpool market was
verv auiet and futures only advanced
is-sid AS the foreigners failed TO take
bullish view OF their own bulhsh features.
the American markets again fell BACK INTO
che dc drums. Prices were well maintain
oil. considering the duilness. howeN er' and
slight advance was recorded New
y ork closed Sa4 points up, while New Or
ltans advanced points on June and July
deliveries ami lQ2 points on other posi-
lions.
The statistical position promises to show
M more bullish than ever at the end OF
this week. owing to the large disappear
ance OF supplies and the insignificant
amount that will he brought into sight.
i.ivarpoors stock Will doubtless fall be-
low 100000 bales and the worlds visible
supply is expected TO show decrease Of
fully 1900 bales.
houston and GALVESTON advanced spot
prices l-l6c making middlins Z S-Sc. All
spot markets We're steady with the demand
ngM: Holders are strong in their VIEWS
however. and are demanding fun quota
tons.
Al today's session New York futures
opeu.d quiet and firm, With August selling
at IA. The price fell % 80. advanced
to 13j shortly after noon and closed AZ
:. 25a7 e. against 7.2o07. % yesterday. De-
ce,nber sold at 6.S early in the session.
advanced to So and closed at 6.SSa6.S6.
against 6Slas.S2 yesterday.
In New ORLEANS. futures opened quiet.
with August selling at 6.5$. The highest
sale was at 6.56 and the closing 6.54a6.5o.
again.st G.59q6. IS yesterday.
Cotton picking Will begin i'll some parts
Of Texas the latter part OF this month.
\ letter from j. c. Haynes 4 CO. OF
Runge, published In the San Antonio Ex-
ureSs of the 10th Instant contained the
following: with this mail we send you
Il few cotton bolls. q specimen OF our cot
ton crop in this section. one farmer told
us TODAY that he Will have open cotton
wirhin ten days, but only small patch
OF eight acres BIZ; we have lots of 1t like
these bolls We send you, and such Will
mature and open before the middle of
next month. Since the cotton louise dis
appeared. cotton in general is doing we'll
and We have a prospect of large crop"
iN'"in 1" N'oie'' Oh Ne" ori'a'is mas
p'e'a'eu lApie OF ho9seS''p'e o'e' io'
%SSNep-'e o'"'s' "'''V'. ms AZ '''s'S %
''''o"s' ,,,a,5 .Iure,,
1896 1871.
Middltns .,..,.............,. 90 noo
i,-'',' ~ ~, 80 ", ''''''''' 10
Fort stocks ................ 10000 1000,
Interior stocks ...-..... l2NUev MeO
co r9i,t9 ,.cr iSs7
very late
Poh'ies-la9d' election pending; 1877 set
led
hlhanees-i>'o' unsett'ed Ie''' hcal ny
Slo'ks-4Nr' dHcl nilS IS''' auN''4S'''s'
ENports-is.S. small; lHI, heavy. ,so-
Balance trade-ls9o, against u.s. 1884, our
favor
a New York telegram says: Bears
pointed out that She Indian monsoon, on
WIllvH MhtnheS"tT aStl'ltY Is supppseu 10
he based. begins about June 10 ANA lasts
until october 10, They say that it is
iriile too early 70 forecast a favoraL!e
,lomsoom uiIii ran r,Pfo'a;1S as las ya
only 10 be followed bv the disastrous
drouth, which cut short the Indian cotton
crop ~ psr 1.ht ana e@uSeu d famine j"
VIZ N'''" "'H'''I'S'
New YORK June I'--ihe dry goods mar
ket is less active than at the beginning
of t,o ,vo,L hut ,l,o ,oaiir, l., ,,i.,.,,,,,,i,.
- ~, Inns - '.'''-'''''N
oil beluer tone. Ihe reports from va
rious sections of the country are that
~ ~ ny VIZ" :"
coiN'lhuahce or present conditions an aug
mentoi demand is the result of local con-
diiioas prevailing Yesterday larger Than
ann, vt,l <.hor,com,rcs s,,,,ia -.
ANY N',"i shortcomings staple cottons
- ~ an S'''''' h'e''e"'u ana
.'o"" goods are without feature though
daY 10 day ouy.ae Is somewhat more ex-