The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1897-04-09
MARKET REVIEW.
New York and New Orleans Futures
Closed Slightly Higher.
HouSToN's STOCK OF COTTON
In Decreasing Very Fast - Special
Meeting of the Cotton Exchange
To lie Hcid--spofs.
Office of The Pest.

Once or The Posi-.
Houston, Thursday. April s.
Cotton gained few points today, but
went about II In half-hearted. STUPID
way. There was no activity whatever "a
she market and nothing 20 excite tho In
tercst OF spectators. Liverpool futures
were ia-6iUi-sid lower but spots remained
as heretofore. with sales OF 1000 bales
recorded. New York futures closed 2 to
points mp and New Orleans gained TO 3
points.
The American spot markets remain firm
and unchanged, with ,niddlng ranging
from 7c TO Lice a. the South and 3-sc
at New York. A feature OF the dag at
New York wac the sale of 626i bales fer
export Spot sales in the South continue
al fair rats ana are frequently in excess
OF receipts. New ORLEANS, FOR instance.
received iico bales today and sold llJo.
Memphis received SCI and sold 1854.
Hous.un's stock of cotton Is beng rapid
" depleted and is now only 1856 bales.
The stock did not get this low last year
unii the FIRST week in June, and on this
date N April was 2O.265 bales Gross re-
cents OF cotton q. Houston Cor Ave
days this week have been 1865 bales; ship
ments 1890 bales.
AT today's cssslon New York futures
opened steady, with May selling at 1908
The price nuctuatei between 7.O3 and Tu5
until y. M. then advanced TO T07 and
closed at 7.05G57.05, against 7.0ST7.oi yes
terday. August opened with ia bid. ad-
renced 10 7.l6 then fell to ia. During
the afternoon the price reached IT'S ana
closed at 7.l6l,T.'7 aga,Gst 7.li yesterday.
In New Orleans, May opehed with G9S
bid. advanced to 7.ol ana closed at $3.50
100. against c,9Gd59S Yesterday. july
showed only few trades the price rang
ing from 600 to 7.02 and clobng at 7.0lCp
702.
a the written request of several rnem-
beers of the Houston Cotton Exchange and
Beard of Trade. President II. W. Garrow
has called special meeting, 10 BE- held
Thursday. April % for the purpose OF
considering the adoption of certain amend
u.eIts to the constitution and bylaws of
the exchange. These amendments were
prepared by Captain William Christian,
chairman of the membership committee
The first relates to the collection of an
nual dues and provides for the expulsion
of any member who fails 10 pay his dues
within certified time. and also excludes
HIM from the privileges Of thc floor The
second amendment requires all members
to make prompt return of all cotton hun
died by them each month. on which fees
are due and places a penalty slmllar TO
the first upon those who fun 10 comply
with this rule.
Secretary Hester's analysis of the crop
movement OF the United StcD,es for the
last seven months was published IN
Wednesdays Post In addition to the
statistics given therein. the following Ia
bic win be OF interest, showing ths de-
iveries from the State Of Texas Qnclud!ng
Indian Territory to April l, 1877:
1897 1896. 1896.
sea6oard ..........1, 1862. o55 919,095 l5SS,GUl
Shipped inland TO
Mexico and points
III liver or . M,9s.s 1866 eog9o ssiol
Shipped by rail via
cairo .,..,...,... 1c35is 2g17os 4A,leo
Receipts ~ Sew
Orleans Exclusive
tom ,........ ~ Ies57 5io,sso sc5io2
Of crossing on
M.e sssipp, rive"
north Of St. Louis.
etc a'' ......'...' "" 'aa.HS 45sil 45sgs
Total bales close -.
March ............2, 096 029 1,T71,0N 3,0N, 100
Deliveries at ter -
close March ..... ...,... 2lL6I5 1sOGl
-----
Total Texas crop. 49,. 1855. 5s2 3.15,yos
decrease to close March over last .,, ,.,
year OBSERVATION-DISCLOSURES. S@t'lAs
DScfease 10 close OF March under
year before last .,................... ao3,l36
Total month of March
Ihis year ..',..'''..-.''..t'''.'' ay'Dsn
Las. year .e'aoo
Year before Observation-Disclosures. 1862
increase month OF March over last
I,s ySaF month Of March under
fIncludns the difference between Texas
cotton received AT Shreveport anu
amounts shipped from that point into
Texas.
Houston expects 1890 10 100 bales tomor
The cstl,naie al New orleans IS for 300 |
to 1900, aGa.ns, lJ2Z
New York. April s--The feature of tho |
cotton market today, as for several days |
past was tho strong relation Of spots 10
future deliveries. In addition 10 the Off |
cfally reported sales Of 6i9i bales OF spot !
cotton, several other sales OF magnitude |
are reported. exporters bang tho buyers. |
added "a tho frmness Of the local situa- |
ton and made holders Of spot cotton in |
different Ihe market for futuro Ctllv- |
cries opened vAst but steady At pp,nt |
advance to ! uo,nt decline, early rab'es |
being unsatisfactory. Later the market |
rallied to points, following indications |
Of fpot. During tho afternoon prices |
eascd off. partly on Equiddtion. The close |
was steady at net advance OF 10 /,
points.
New York, April SIN n general sense |
he market for cotton goods was quiet. so |
far as spot is concerned but through |
travellers good orders were received for |
fabr'cs adapted TO the wants OF the cut |
ting trade to which tho mail orders from |
principal houses addoi a good amount. |
The feature OF next week viii be n per |
eInp,ory trade at auction April II OF 49, |
$40 packages of Atlantic mills Al browns |
li1 all widths OF Wide sheeHngs. 300 |
Irckasas Appleton mills white aNd col |
pred aomc.3 aid hyglenic rannels 1000 |
aahf ses Peabody mills ~ hlesched cot,
Irlnrion new nils brown ana bleachel