The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1898-01-27
IN The COTTON MARKETS.
Bills Again Succeed IN Forcing Up
the Prices.
ADVANCES IN THE FUTURE MARKETS.
I,fyerpooi, New York. Houston and
savannah spots All Close Higher
The Movement 10 Ports
,yANCEs IN THE FUTURE MARKETS.
ofacc Of The Post.
Houston. Wednesday, january 2s.


Houston, Wednesday, January 70,
Two days of clearing weather was moro
than the bears could stand and they immcdi-
ately emerged from their corners with inc
cry THAT II the weather continues we may
look for heavy receipts and lower prices.
The bulls however, wouldn't yield to this
beIief. particularly as there is good spot
de,nnnd. and instead Of yielding to decline
succeeded in forcing up prices despite the
fact that prominent German house was
hcay.t seller In New York
The movement to ports was Ss,022, against
la,SeI last year and $1,000 in 1895.
Liverpool advanced spots 1-32d with sales
of lu,0oo bales, and Now York and Houston
botn closed Lilo up.
A year ago Houston middling was z cents.
agsiDut 5,a today. on the corresponding date
in 1sg! middling In Houston was 3 lie, from
which, point 1t gradually assembled the scale.
Liverpool futures closed at an advance Of
l-6id.
New Orleans futures closed 1G2 points up
and New York 21i higher.
New Orleans expects 10000 to 1900 tomor-
row. agains, S6775 last year and 1922 in 1895.
Houston expects 5000 to $500, against 2iS7
lass year and 1879 in 1896.
Hunters Daily catton Letter.
The cheerful feeling which prevailed in cot
ton circles yesterday prevailed today. The
socd advance established yesterday, it was
feared, would be followed by a tame opening,
hut IN this the trade was disappointed. Eyl-
lently Liverpool is disposed to follow our
lead, for awhile at least, prices there showing
a nj nd nh t,tIn1 nt bp
lose. Spots at Liverpool shared the i'm
higher on sales of 10000
BALES. First prices In New York were 2tS
POINTS higher. and this advance was we'll
up to the last hour Europe sent
some buying orders around the opening, but
atet there was an attempt to hammer the
market by prominent German Spectator,
whose offerings We're claimed to be for for
ign account Very little impression resulted
rom this selling, and sentiment generally
vas favorable for the staple. The iispuy itiun
o support the market has been much moro
apparent this week than for some weeks, and
'ears have apparently withdrawn from the
er were in slow demand and cloths dull In
erior receipts for the day were S3iS. against
S,sV' yesterday and 1,146 last week New
iork spots were advanced 1-16; middiings now
15-16. Exports $4,000 New Orleans sold
900, Mobile 1000: Savannah and Houston
pots Lie higher
mum sues HatttuE.
Fairchild Hobson of New Orleans say.
We have had DUH and most undressing
iarket today, Liverpool being little better
nd with good demand for spots here and
other markets the inclination of the mar
ct was to advance, but clearing weather ana |
respects OF Increased receipts In the near
a ,uie naue me bulls little timid and un-
lue Both sides are waiting for DEVELOPMENTS |
regards movement when the roads become |
as ass, II the movement Is large next
eek; as promised, we viii get lower prices |
ossibly. than have ruled so far. Still we |
Mould not ignore the fact that cotton is |
cry cheap and has plenty of friends
Mild Advance.
Cargiil Richardson OF Houston saw: Cot
N scored another mild advance today due
'incipally to lighter receipts and genera,
'''fe ON the part OF shorts in spot cotton to
'ver. Liverpool was h-64d1-64d 10 at tn.
ose, New York 26l4 points and New Orleans
~ points higher The clearing weather aud
irdening prices are bringing freer offerinps
Spots from the interior, which may soon
SUI IN liberal receipts again, which will
unapiy cause some easiness in the future
arkets. The fact that all spot cotton is and
u oeen well taken care of leads us To he
We lhac while heavy movement might
cause casiness the chances -,
rfe gains arc all on the long side oS tba
aLket, spots quoted unchanged except New
Din o ana houston. where Lice advance was
New York Cotton Market
New York, January 26.-The substantial,
.9 Pre-. IN the price of cotton made YES
,uay was followed by n further Improvement
uay OF 500 points. The opening was ste~Ir
th January point lower and other monyhs
70 : points higher. Covering was n feot,,ra
IN, tne Day There was also some inyostmon,
yihg. The English cables were better than
q pc 1eeh expected and port receipts feIl mn
lally below estimates Advices from, sonth-
u J, spot markets Indicated increased firmness
a rapid rise in the Mississippi was rs
t.eu, Reports from the dry goods mar
Is We're favorable. The close Was s,a ,,,dr
u net gain OF 2eli points.
!. Dry Goods Market.
New YORK. January 26.-Returns shor, oo,,,
ratNely fair results in all lines of d..
ous To-Day The market for staple cn,ton'.
ength about all branches of cotton ' yonas
I'm III, sustains sellers in their opinion M
'rket Tor prints holds its own weii rhe 3
ss OF odd goods are very fair and ,.a ns n
stained There are encouraging noIn,s VIZ IN +
marker. The most discourse ine fna,,,n ~, i,