The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1898-12-13
m THE COTTON MARKETS
Statistical information fvm The Exchanges
Of United States and Europe.
SITUATION IS IN FAVOR Of THE BULLS
A., thc Future Markets close Higher
Houston, View Orleans ana Snivcs-
ton Advance spot Quotations.
Office OF The Post,
Houston, NJ.

i + ofecn ~ The Post.
i VIZ ~, - .s..,.s. =,
Houston Montay, i'ecehioei 10
| /. ,,sss ,,notler buil day in cotton and at thu
/ :. "" .,s.s, 80. s,ea,ys Nearby dcliyerie,
civsc ING tone 80 -, s,,,.,,,a,,, ,a,,,
| show the most strength, there evidehtiF peiis
| s,,,ec,o Il, January contracts In fact, prices
| - .g.i.:, Il. S.o,s. york oYe TOO low to invite
shipment from the south ana anu ui,''su.s
| ing experienced In filling contracts bar.ieu'1.
~ for middling and above. soh,c :.
| New YORK figure out that contracts osn o'''
be made coed at q ioss u - . .' 90
new Orleans was ac'ivc .ouas W. a,,.ss
10 be aggressive on tne repost " wy -.
bureau which reported rain, SNOW ana ii -
liag weather cast OF the river. u.
Manclpster reports business good with en-
,,,6,a ,,r ahead mud prices firm and
EaSei.itnts inaue IA. "--'- = 9 4
tsi,llug upward. 8.
/ Il f1rt. lust a, present The bears can finu
l1itIe 10 comfort them aud the pulis afo ID
!, sstruru position, ..5g
point. closing liS-6id higher than saturday,
New York opened TO |, points up pul closeu
with i. not gain of . TO points.
At the opening New Orleans was !, VI y !,
nofnts nm while the close was 2 to points
hafter than Saturday with December points
higher.
Spots woco advanced lbs IN houston anu
Galveston ard X in New Orleal!s
Port receipts were 6t,513, aglinsS fZ.6sS Aast
year and e., 100 In 1891. :, -,
Houston expects tomorrow 800 70 1''o"'
against 1882 last year and 23,o40 IN lsof.
New Orleans expects 5000 TO 2O,0o0, against
81 3g7 last year and 22,6oo in 1894.
Receipts of cotton at Texas City Tor the
week we're 5iS and shipments 65S hecelpls
fer The season are 5,035 and shipments 6l6S
stock on hand SS77. =
Cargill & Richardson say: IL is simple
iace 'ia' euo,. "le ,.. I. ,,,,t,i,a the ,,a.-
~ eo'''n, anu .a. 49," oon,n from, a,,y
Re' up ms W. .ns 49, 49,, Ill o.or i'm
par.i.u'ai .'.' 49,. r,,,arrao, Nav york
"oiiu sue 81. - s..r,,. th.
ana NeM oi,'en' "a ,s.I onar,t,rs
enores W d ,ai ~ 80. .... :. .d,a,,oo
in these markets, prices eoa.iiun " yi,ins ~
20 us one better wflen we snow oisposis,on
10 improve, as was the case tnls m ''r s,,
ltd would nave peen very sooa oh o "a ad-
vance, but lost 7a point peIore the CLOSE; Ills
scurIed New YORK ana New dreams. anu NIL
the help OF outside buying orders prices rui.a
firm nearly all day. The buyers were Liver
pool and Wall street in New YORK, wnlie .ne
South sold on the clearing weather. FORT re-
ceipts were again comparatively ngn., wnlls
Houston were about 10000 bales less than
last year. Spots were in good demand. prin-
cipally from American shorts. Europe not
buying as eagerly as the bulls might wish.
well evened up, and that no weak long or
short interest OF consequence remains In
vestnient buyers, who have been The principal
position to Withstand any onslaught which
the bears may make. and the short interest Is
coi hnen nearis togeoher 70 ei larSer ,u h
al rit.sent a very strong undertone, We would
prefer taxing profits on long cotton. at these
spurts and short turns might prove profitable.
p w. Hunter G. Co. say of today's cotton
market. -Four moro DAYS decrease in stock OF
'''", nc. i'"' n'"'' va. ~ ~,
cotton like today's and New York VIII nave
no cotton left at all, and a conservative csti
mate of tina short interest in that market
places 1t at f,oooVN bales The recent revision
q grades was expected TO bring cotton par
ticularly. the low grades. to that market free
been higher In New York than in any other
market and the premium for that month has
invited sales by people who had tho spot cot
ton to deliver ON contracts, but still the-cot-
ton Goes not come and the piifuly small
STOCK continues 70 decrease The amount OF
cotton certificatcd in New York is only &C..
5000 bales The cost of sending cotton there
and delivering on contracts mugt not DO
profitable transaction. otherwise The low
grades would go there abundantly. This sea
tract market was ina,eurstea tba, Ianuary
contracts have ever sold above March
uos and cotton seems To grow stronper " and
stronger as prices move on upward. Liverpnoj
tho hs.s bonsSs ;oaay wesa very buish and
purchases on ali casy neriod doi''"e 10 auNiss
Jew YORK c".'o" Market.
"e" iofK' pecemoer ls.--fhe scope OF Hue
'eations In the cotton market today was COM
paratively narrow, a matter of : points win
spseula!ion OF fair proportions aud quite gen
TIC unpeI ha ,nd s,aIt Tue ~ CONTINGENT had