The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1898-03-20

Futures i'm Liverpool. New York and
New Orleans All Close Lower.
Speculation Very Limited.
Once az Tho Post.
.HNc vt HV VStt
Houston. Saturday. March 10.

Houston, Saturday. March 10.
| II was expected that Liverpool would show
some advance today. bu, the contrary was
! the result,
! sa6,,;ia.
| i''u'"'ots are hoiuins oaehs the safes OF
| futures In both New York and New Orleans
| being very small for ME ss.son ~ mo ,sar
| ~, 80. - 80. y .'' 'N'" " ."s 'S"''
1"H S''N iur S"turusy'
| II would be absurd to predict or attempt
/ to predict what n day ~ a week win hiring
I forth wsr ,,,,,.xs "a go. ra,.s,. ,,.,,,
80 iun''ts anu pe"Ve rePor'Sf 'Vt''
ahect values, but IN few cases have they any
basis Both sides ~ tho sit,,ation haze heen
,,ors -, ,,ss s,.a.,,,,.s,,
| ~ Va 'ess "'s.Vut'Vu'
me spot quotations are unchanged, but
holders are said 10 he Willing In make CON
,essio,s IN ,r,an . -,
Ns ,,.'.,, ~ o'1ei " 5s,'
FUTURES III Liverpool were is-6id lower at
the close, and New York and New Orleans
Shaved n doc,ino a, !, na,,,.
Va W noin'''
aud I2.T2 in 1895
New Orleans expects 200 IN s5oo hn,es an
Mordsy. against so9b last yoar ard 10 "a, in
1895.
Houston exnec,s eooo 10 2too AGAINST man
last year and 24p7 in 1885
8" 49, Werkis cotton Letter.
$500 N'"' ~ '"'s "e'N' H"S Ai''su
Wy "HN uo"" IN Aa'io" farsu VI ~ poiu's'
@A' e'os'u 'o'"! "i'nin points Vi 'ne
nosy q, at to, 70 puluts ioms' nun sqs,eruas,
the bulls, coming half point ofi WHEREAS
some advance was expected. but the into
sight was evidently too much for that mar
ket ard her stock is gaining rapidly, being
nov louuo anead OF last year ana 3couo 70
iOo00 more Will likely be added by the end
oil the week, Our markets opened ! TO ?
points lower and ruled staenant until just
before the close, when little selling easily
broke prices IT Will take either better
spot demand or more active speculation to
sustain prices in the face OF the heavy move
ment, favorable start the new crop and
unsettled political conditions. Neither the
bulls nor the bears were inclined TO Increase
their lines, Rreferring TO wait the board of
inquiry report, which Is expected early next
week, before entering more extended oper-
at,ons. We favor the short side Tor turn,
but believe purchases on the breaks will
prove profitable early in April. when the
usual end of the month advance eulminates.
CargII 4 Richardson of Houston say; out
NJ I'm 200 b.,as tho +o,,i sx,nr.s ~ oo,4o,
last week Great Rr,,,in tool, ,os ass Tho
fact that the Ltverpool market has n ,ax-
the most Of This stnn is causinp mite fool.
ing nj weakness there which ,s beinr re-
eeoted hero They saw tina, trade with shin.
ners ls of mos, dismal character al, being
!, :,
quite wen PROVIDED ana that the pressure OF
the next million bales to come out OF America
will find buvers only n, marked oopcess,ors
+, 60, -, - o., ...S..
LNefpooi Closed 72-oao lower thah yesterday,
New York lower. and New Orleans to 5
lower. Spots were quoted unchanged. but
factors are making concessions TO sell. There
is little that can be said In favor OF the
market, except that New York still continues
to advise purchases, saying that with the old
crop so nearly gone and nothing but uncer-
tainties for another, prices are too low.
The feature of the speculative markets to-
day was the advance to 1.07 for May wheat in
Chicago and the decline later to l.0S. The
feeling is that Letter has carried this thing |
predecessors and be compelled to ride out ot
Chicago on freight train. The idea that this
a. mi.at IN pu sas re- y" ~,