The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1897-02-23
COTTON MARKET REVIEW.
The American Markets Observed the
National Holiday.
LIVERPOOL FUTURES WERE QUIET.
Closed slightly Lower Than satur-
days Fiwurcs-NecisIy Eurcpcnu
Consamption-Thc Indian Crop,
ofnco of The Post.

LiNerpocI anu ii8Vie had the ccttot
market all to themselves today. All Amer
lea. or at least. the United States mart o
1t, was celebrating tho National horda,
and no cotton speculation was allowed or
this side of the water. A few ports man.
aged to send out figures representing thei,
daily receipts. but they were not sufficleu,
TO give any idea Of the total.
| The trading in futures at I.,verp,o, nm.
peared TO be on limited SCALE and
fluctuations were very slight The clos.
ing coil showed loss of about is.sad Tor
tho day. Spots were unchanged with
sales of 10000 bales.
The Chronicle shows thnt there came, In
| sight last week io7.4g7 bales. The vo,-, A.,
V'sioie lost 0oooo bales during the week.
ana now stands at S,Ss2 900 bales. Exports
ior inc week were ioS,o0, against LOG 900
last year. Northern sp.nners took A.
20 pales during the week, against " oss
"S. year, ana southern sp.nne,s 2l.Olo
bales, against 1900 last year.
Mr. Eliison's figures. brought dow, "a
i, upnnary i, as received by cable from
lhui ope, snow that the weekly Ei,roncan
consumption ds now IA 900 Lqlns Is ~,
nVunus cach. against $4,000 bales or ul,e
,oas '''S NJ me corresponding time iast
-. So .Sthi SpllltfS stocks n
bfltain and. on. the CONTINENT have IN.
cieaseu oa.Voo bales during tho mon,n h,.
d arc nov e'oo bales less than at The sam I
va last season. The spinnnrs' sfnrt,s
FeDruary In Great Brft.in -, s'o ,1
w oaies, against III, 0po las, vnar ,,,a w., ~,
year. e"''''' of-'VVv last
although compared with ohbcr NJ t,e
-FOUR preceding years. 1876 shows so,no od-
u'Foh In BRITISH CONSUMPTION. r. wa ,o
oaoH 10 1871 or 1890 we fnd that tho chr.
rent rato OF consumption actually ex.
INDUS q decrease on the continent hov,
over. extension OF cotton ,nanuea,,,,rD,.,
haS pcvn constant. TO be surc l., hns
necn less rapid IN the PAS; So .on ,, ,','
nt,m S1.iae e'rlier years but snce 1889 The
risen from $500 to ", -, Of tbe N.Y., ms
MeiEht OF 500 pounds each or a rain -,
the $500 3c,2 per cent. DuignE the IKE period
gltlc In excess OF por cent In I'M y.r unt
ni,.e !. weekly consumption exceeded
n NON, %, me continent by zoo bales of 5cl
WIS IN the van by 1880 h,les nor 49,,
The Manchester Guardians Idvcrpoo,
correspondent says:
Bulls regard the present du,,nass n,
merely a proof that prices are consoiid,,
ihs as preliminary of an advance ,rh.,
thnk the cOnsumptiou ~ Tho ,,or,t -,
Il, roo a., ,n,. - " Wv ""'iu VIII ne
~, ~ any '"Sc iarger than the crop
icy say we can not afford TO deplaw
our Stocks more than we did las, autnmn
Nh Nh can not POSSIBLY expect either such
phvnosnenal receipts as occurred last So
Mmner or so early a crop, Moreover, thev
cotton reportcd az ~ q sreat deal of low
markets. which will. they saw na,,s se'','
ne wei e al presently on good grades,
spinning COTTON oct,,9u b"ppis o. su' table
this crop. Bulls in eject, mink the ' al
cot,nn ",sol,s ana al cheap price for
roi,ndi,cs 1i'e' All Nhe conditions and sur
Some be,,,ts, ,,o;,,,-
'o',ie pfN"sh points are thus outlined by
the Liverpool correspondent: Hears do.
eide the figures of consu,nn,lo, ~,
ear,v +, ,ha soue'. consumption '~'hen or
can trade reports, where the Mckinney
trade boom has proved almost n ghastly
fihsco. and the Indian reports, where busI
ness is stated to be half demoralizc1
bearS ask q people ny.ng from blame
or iaint with hunger are likely TO be buy.
Ms OF c"utoh goods. Bears expect the
means a surely tuG p,,lc cesser , Ihey say ID