The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1898-03-29
in THE COTTON MARKETS.
Bulls Had Everything Sailing on the
Way Upward.
POLITICAL NEWS WAS FAVORABLE.
stocks sonrcd Skywnrd and King
Cotton Jumped I'm About Ten
points-LIghtcr Movement.
ofacc Of. The Post,
Houston. Monday. March IS.

- ~, 800, <.aana ,rha 49,, -, :
,.as ~ ra.utar boo,n and AZ oyery
~ 49,, -, ,.,.,o, ,eu u, ,,uc
'',as m ,..s ~, ra.,nr
49,, ,.,.,, -. ~.
.''p' WIS So" 80 na,
iof slA non'p' ",'u 'i'' "''u'ne M
:" -,
a'so eneou'as"e " guy '",'' 90 '.,
falling behind 1873 and estimated movement
| is also light.
| pradic,tons are that JJvernool tomorrow
|
| VIII sho" an a"Nanco oi ava vi iio'e'
| New York and New Orleans advanced spots
,,e and other SIM, markets closed un-
| -
| changed
| Futures in Liverpool were unchanged to
! IL gld mn Now York closed nj an advance of
| 90 M, -, o.,.... IN a. "a
10 ~ poiii's' anu NEW o'i'aH' ." " l.
| points
| Port rece,nts were ~ o-o AGAINST 500 last
| ,, - &C. ~. ,so-
'eai anu l'''o' III 1870
New Orleans expects tomorrow 5000 to 5000,
,r,irst osO1 last v.ar AMI ,.-97 In ,sos
,,I.,..-.' - oooo =. ,,,eo -. 80
houston expects oo"' 10 dZVV' against Loo
last year and $751; in 1895.
Hunter a Co.'S Daily Cotton Letter.
As ferecasted in our letters of Friday and
SATURDAY. tho b,,,r had ,ho;, ;npinc today
~ 'a. '''e' '''"s 'o
ohd inc stamfeee oil the pears was VIII
ore L!vsrnool was practically unchanged,
aud on, ,-,rto,s .o,d . noir,s lo>yer rear th,
-, -. -. ~. Q,
cbehlhe MAJ IN New ipt" se'''us at ''e'
and in New Orleans at 5.i5. The high point
AN I'M. former was :, os anil nh the latters5.b9.
august IN New YORK adVahe'u from o'V u
6'oo, ana tradlng was heaVy' stoeks SOFA up
from the opening . to 10 per cent ana cni-
IN MI, n;c,.;c vas mo now, t,at snyaeta
inauguratcd his election witt; most peaceful
expressions, as we knew he would 40 said
.ndt Slalu Mouiu ll,ettoss no u''a w ~
eonsid, red as most Important. and New York
wirec that the skies were now clear for the
next six onths. The advance was too rapid
to fully hold, and naturally there was some
reaction from high prices, but the feeling Is
much more cheer+ui and while clouds rlay
now and then obscure the political horizon,
the strong hands OF both the Spanish and
United States administrations are for peace
and despite popular elamor the white winged
dove will eventually settle over all these dis
turbed waters and 6nd safe resting Mace
Brighter political outlook was NOT the only
reason for the advance in cotton. Rad. vel.
cold weather prevails over the Southwest and
ia also ahnut the and nf tho n,on,b ,,,h,n,,
time has NOT vet failed IN hrine nm nd,amno
The close in New Orleans was at the very
top. and in New York to 5 points off from
II n
rnsnond With an adYamna 10, &c, ~ s.,, W T., IVY
morninr and as sbc has be.r bu,.,m ~ III.
on the weak markets Of the mast II Tow Ssv:
she vii, not ha ,ia vi .ne past .NT LAYS
cotton and almost aiar,. Is 80. tniah
nroduc, and s.n,,r;t, 1'i,e. speuu'a.Ne
i,cuiarlv IN any. ii,,io $50 ~. enase' pa'
va "' -'''''' s'ss spo's'
H VA, 49,, -,
, ''h' ''''" - peNeiopmehts IN To-
naJ cotton market were ri n sensational ua- |
TUE anil trading was very active for Tins,
A.. "''' i'' 'h's'
'estfh little desire to operate, prefeiing to
AWAIT tho outcome of the PRESIDENTS message
20 congress Or The first call the market
frled family steady, with prices to points
. pMer, uneer a t1W scattered selling orders
* cSrec,ed u " az, ppai narHet 70 respond
Prices improved some during the ofrenoon on
, n,,io,s 'nat tne present situation was be-
A. noo,, ns, gn;, =, !" oe ess threatening
parent with the marker at that time. how.
WI, uu'i ana ieatNreless Shortly after this
IS Tho resui, Of ron,r, ,,o ra',,eu ,hau.rs
hat Spain had practically agreed IN accent
ne proposition of the administration that
here should be an armistco between the Gu
'ans and Spain until October: that IN the
the United STATES shouid toa ,a wv. nv
e, oncenrados and tho Mama rsnnr. 'es sI Wy
" held in committee Indefinitely. This sud-
en- change of front in the Spanish AmorIcsn
ase gave shorts had ,scarn a,S ny; ~ III IN
ornmhie to cover which followed prices a ade
anced to net gain of l2Gl5 points from the
,Nest before a breathing snell vac ta,, e,
'nrins the balance OF the Afternoon the mar mar.
9. -, was very nervous, with trading spas
on, among which was rcnor, tha ~ ~, ~ ou,a-
te would never consent to support the , prss;
ent's views, and this caused lively selling {
lose the market was steady NJ sna,p n; AT me
10 10 points, with futures az sales ae, r gam o.
v
corpil & Richardson say: What PROMISED !
} I've day of continued liquidation resu,,sd \
hear stampede. the like of which ans no, &
9en seen for months. The stack market was T.
10 leader, some shares being at one timo m Y
u cent higher than SATURDAYS close r,, i
~ ai,er decline of points at the open, r
g in New York, began soaring /, po,nts nn q
ON the lowest. being recorded l., s ~ y
ohths' closing prices in that market being