The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1897-04-23
COTTON MARKET REVIEW.
Liverpool Advanced Both Spots and
Future Deliveries,
NEW YORK MARKET IS HOLDlN BACK
May Contracts In That Market Are
One Point Lower Than in
New Orlcnns--Spots.
office OF The Pos,

q. GNllEnNHQ "a n n
scare are certainly fas, disapno,rIns, cot.
ton mndo n further gain in all snec,Io.
1.-Two markets TO-DAY. hut n WAS loss In
New York than elsewhere. In fact. New
York seemed to have little faith In tbo
higher prlcos, and resisted all efforts 10
boom the summer months. In th,a mar.
ket these positions closed either unchnnp.
ed or only point up; the now crop deliy.
cries advanced lG2 points. Liverpool WAS
l-32d higher on spots. and advanced ru.
lures Il4-6tdM9-64l.
Now Orleans is again attracting atten.
tioa by he strength shown IN its sumner
deliveries. The near positions advanced
6 points today. while the now crop months
closed only roint higher than yesterday.
May deliveries are worth zoe in Now Or
leans, but are offered at 7.OS in Now
York. If New Orleans Is right. then the
New York quotation is 20 points too low.
New Orleans Is In line with her spot quo
tations. wirsle New York Is not. Next
Monday will be tender day, and II Will
then be socn whether either market VIII
iecede from Its position. 1t is said that
May contracts are being manipulated IN
New orleans, and that the bulk OF She
cotton that can be rendered there Is OF
desirable grades, and Will be readily &C
cepted by parties engineering the deal.
The New Orleans stock was decreased 3d.
Wv p",eS ~ -, 49,,
-N'VvS
20. 49, Nv, nv.
~ 49, 49,. !,
- ''''-' - -. Nh,
- ~ '''I'F ~ - IT..
u-sNo' oA '''s. 90 =. -, -,
'"'9'9 iio"' ~ w p's 90
""'"' s'' go 10y g., 49,,
ger uetNV's ia - ''','l 49,,
-, ~. ,t,.,,,,,,,
July o'',""o's' =" ' as -, '> '.'e 49,. na
on oe'ope' - ""'S ~ '''''''' N'''
cen pef IS points,
AT Vou1S sessioh new 1ofN 'uVa.e'
ope''si sNe""y' WIN eva pli io' N'.H. ny
price huo'""'o" oe'meeA ''V' si"u ~" 'o'
some ''ile' tho.' ""N"i,N'u " - "''
dropped 10 ,.W curing inc aIterHooI' ah0
oioseu AT "V'@''''' as"'.T, ivy ,'U .(
teraay' august soiu AZ ''-i ioi ,,e 'nA
ost ana $40 ioWesl' .'oNs ". 80 ''. M
fen to 70. then advanced TO 40 and
closed at 7.0Sd7.oe. against 7e3aT OF yes
tcrlav Julv sold at 10; enrly>in The ees-
sIo, hut touched 1lS before the close.
snot nr,ces were firm IN oil Southern
ma rlsAts with , ,ood demand reported.
a Spccai mecVH'S Oh tue houston wy
ton Exchange and Boafn oil irAih was
held today, being called by President
Gnrrow at the written request of sew.
-, -. M, ,,.a,,,,, ,,,.., tnr IN.
eiai ineHp@is' me hieep'"s WAS ''' INK
purpose of considering certain amend
ments to the constitution and bylaws o
.Mo oxoI,onaa Tb.s. .n,onamnrts Wei,
we ,,,i,,.. r,,..,.,,,s',
prepared by captain NHlia"i In ~ Ca''
chairman OF the membership committee
ard were adopted py unanimous VOC a.
touayS meeting. Inc HiSl relates 10 Tie
collection OF annual dues and provides for
tho exnulsjon of any member who fails
to pay his dues within certiihed time
ana also excludes MN from 'ie pfiNHefes
of the noor. me second aniehuh'chl re-
qnires all members to MAKE prompt re-
turn Of all COTTON handled ny rheih eaci'
month, on which fees are que ANA piaees
a penalty Similar 10 the ifS' upo'' '"''e
who fall to comply wan ms fuie'
II. Il. Woods Co. of New orleans note
the following in their last market let
tey. "A feature which for wears has oper-
49, -.
atcd to dcpresS NIlueS VIII pI"oapiS cNe''
a lcss potent influence in the future: wn
~u,,a, 90 ,t, oraduiirv of the forelan gflin-
"i''' w va - ,,I.,,ts.s ~, ax-
poets fan performances. Heretofore free
sales have been made for forward de-
livery without protection NO In nuy ys,
Dut me s win ,alis vou los, business. and
want1 some guarantee that the cotton
will be forthcoming when iue. n VI, w.
OF ms hlau rhis uoi@ 1870 "nI The In
atlhs lals" e.op NM ,i,,,,n TT I'm olim
aDilAy 10 luf.nei lasstnc f,ctor from
!Isaie az LEAST oi'c u'p' o'''''e
the SEud"op'
-.... ~ 90 coo h,lo= .o,nor-
houston cApcSs ~ 70 Wv a,,,a iav is,s,
rrow, asalhst 90 on Nv Nh oria,ps a.
year ihe oslinut' &" ,ooi -"
Tor e"o 10 i@V'' asails' 1'
New YORK Apni w go. - s a" soo
actions In cotton futures ioo'eu ny o''.S'
bales, rcpres sn'lng q sfi"' @s'i '-fa'
pointing market for me NUS a'''''
positions the scope oil the n"c'u"''oi4s "aN
matter of only 10 POINTS anu WV
market closed quiet' prices uncn"ilseu
10 points decline as eotunp pr " ~.
yesterdays cioslhg i'Vti 80, r. ,i,s
mors OF WAT on we 1he h"'u ' n,i,ar hand
sissippi Nal.ey moou on .ne ',h o, ha,,a
have been eoni,ioli,s 1919 ~, IN. 90, :
completely muIuIfl tue NifWN u li' WV.