The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1897-04-06
COTTON MARKET REVIEW.
Futures Were Active, bnt Closed at
Decline.
HEAVY SELLING OF FALL MONTHS.
Bears Are Not Deferred by Flood
ntcports-Buiiish Statistics on the
Remnant of This Crop.
HEAVY SELLING OF FALL MONTH

Once OF The Post,
Houston Monday, April }.
There was u continuation of Saturdays
activity Mt today's session OF the cotton
market. and for a time prices were higher.
though tho close showed q decline Of . to
points at New York and 10 points at
New orleans. Liverpool gave a good re-
sponse to Saturdays gain on this eide.
having advanced futures 2-64a9ia-6id and
spots i-S2i Spot sales In tho foreign mar
ket were 1900 bales. New York spots adj
vanced i-l6c and Southern spot markets
were firm at Saturdays figures.
a Surprising feature at today's session
was the active selling OF the now crop
deliveries. seeming to imply that specu-
lators do not consider the overflow of tho
Mississippi as seriously interfering with
the prospects of the new crop. And yet
telegram from New orleans TO Cargll Il
richardson was as follows: MAKE your
calculations upon at least $4,000 bales loss
IN the coming crop by floods; river news
stan bad'
The strength or tho immediate dellv-
crios AT New York and Liverpool Is con-
siderca by some as indicative of u bull
movement on the belief IN depleted stocks
this summer. May. Juno and August de-
lverioa were only ono or two points down
at Hhc close OF today's session In Now
YORK. While the ran months ehowed de-
oliho OF points. Those who are bearish
on all deliveries say this was merely an
adjustment of volaios between New York
| and New orleans. whore the early months
have bcon mo noor ,o.cther. saturday
| New York Mays were only points higher
tl1h 'he same uei''c'ies III New oIiciiis'
should he % 10 preserve tho rarlfy.
At todav's session Now york futures
oreped o,,l..; and firm with NAV contracts
~, - ,r, .
| sS4liis at NV. Inc price ADVANCED 10
| 7.l2 by Hos and then began 20 decline,
| closing M 7 M AGAINST otef7 On ,,rsfer-
| !, ~,
| "uE' Nuh"S' so!u AZ 80 o'''' III ''io 500
| sion. but fell 10 IN 10y the close.
| In New orleans tho market opened
| i-ar,.t, st,,.iy ,.itb NM d'iivnrira .stitrn,
ar 7 "a rms ,,as thr 'hlgh.st mice and
| la, ma cioss 4 VI was hid nradnst 7 az
| veeter1ay Intv .otd at OK ON me mem
| .ng but was offered al & g9 on he closing
| cau
Tho booras nresnnIc5 so,no vary bull,sb
| figures today. The port receipts were
400 less than on this day last year; Hous-
'o n' iVVv n''' ,e ~. N ,pa t'aI o
| amount received on this date last April ,
ox,,crts ,,-,.,. tl,ra, ,in,na ms larca ns NOR,
~ W. '''' w '''''', ." he1
rrce'P's' oNPo''S WEI" iV'V' D"''s ~
than ON the corresponding date last year.
.,,,.
There Ia no s,pn Of that strength and
| ,.....,,,. ,,,,i,'. ,,,,,it, ,,,,,,i,, o,,.,,,,.
a'o''' '"S''e W.T. usu','' 'i,,o
| mt at. We are atil inclined 70 expect SOFT
| spots N the cotton market
Clapp s. co. of New York say: RE
| norts of non IL IN Tim R.d river and the
',,.-',, ,,,,,,o,
| Mississippi river bottoms continue nliiner-
oEs ahd srf.2us' l's,'''s t'ts " 49,, aunn VIvt
| Rows thke me llace on irIlliiNeIa' nm
| the acreage ~ 1919 WIN %Sc'cu any PREY
manhincihreu iefAiEnFs soid man "Ns
previous year' thnt the use u noi''o ,i ~,
| nunures was never larger; that cotton
VI surely seii lor &c me coming SeaS ,I,
crop. Bulls scem to have lost
| farm IN themselves ana Ehf m1rh't Hliu
are waiting 10 -" what erect war rniiviS,
| imine N lnuia' tarlil ana hoous VIII
| nave"
| Honston expects 1900 TO 400 bales to-
| morrow apainst 1870 on the same day
| last year. 'rhc estimnte al New Orleans
is fer 1900 10 100, against $3.50.
| M. 6. I,oyor of tho firm Of I.lppman,
M%G'? P to p SS si3 IN ' Srany y@' r IS L.
| tho business in cotton seed products while
a. az Non AZ" HeasoI's export demand viii be
Considerably enlarged.
Now York. April 5.-The news from the
| noo1 dist,,1ts of dhe MisSisslppi valley
| KEEP, the market In a fcverlsh slate most
| of tho day. and, Icing conflicting, led to
| cautious moves In the matter OF new ven
| tnrcs Iidiii,insiofl constituted a large part
| OF the bIalness, although believers IN a
| late crop on account Of wet lands, bought
| mon. freely than hnretofore on cialms
that lmportnnt SECTIONS Of bottom iands
would not he available for seeding be-
fore june ]. Local shorts covered qgiie