The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1898-12-28
COTTON MARKETS
ss,t,sflcsI information rem the Exchanges
Of United States and Europe.
HousToN'S RECEIPTS BREAK ALL RECORDS
ox.r .Ooo,ooo Bales Have Been Me-
ccived This season = Very in'''
change In Future auotations'
oface Of The Post,
Houston, Tuesday. December q, 3.

IIoustop, Tuesday, Decempe' - 80.
tfa,s,o, today leads .he world in the mt,'Si
:, ss.,,nn rsce,nts Although less than iour
$3.50. :, ths season have elapsed, the totai
rece,u,s are coIo.s4 bales. TINS NO. on'
breaks all records for interior towns W. puss
l,on,,on in the lead oven so far as ports are
concerned. On January IL the Cotton
change will celebrate the event, anu !. "i' y
an occasion in which every citizen Oh iiou'.on
should feel an interest. ~,
pe;ng holiday week, little was doing III
either spots or futures. The huctua,iohs we
.,.facIently wide to admit OF a little scalping.
hut there was no pressure either way auo 'n'
general trend Of the market was dali.
Liverpool futures were about 1s-eid down.
Nav t,r,eans Was unchanged, and New YORK
unchanged to points up.
Port receipts were 4OOl5, against 'a,is- '"''
year and 1870 in 1894.
IIoa,son expects tomorrow 10000 to ll,oVV.
arainst 1924 last year New Orleans expects
,OOt to 1900, against 1S,IiS last year.
Cargill g. Richardson say OF cotton: pui
wave is with us on everything eAeep. 'o''o"
wheat, corn and provisions are soaring ana
that long talked of reaction IN wan street
does not materialize, but instead prices LOT
stocks and bonds continue to advance: THIS
buying is from all over the world. wall street
bulls are lending helping hand; London anu
Liverpool continue to contribute their quota
OF support; the outsider is buying back wn i,
he sold out at much lower prices. When VIII
this bull wave strike cotton, is question
ASKED by every one. 1t is reasonable TO sup
pose that sooner or later our staple must FOL.
low Today's market in cotton was dull anu
undressing. Liverpool was quite ed discour.
aging being is-6fd lower and but 5000 taken
on the spot Our market opened, with prices
n shade easier. but later stcadied,s remaining
q,iiet all day. During the holidays the acci.
nuiatiou OF receipts was slightly In excess OF
last year. and estimates for tomorrow at Now
ORLEANS and Houston are 10000 bales over last
year There we're no features of interest, ex-
Chicago and stock bulls would soon turn their
attention to cotton. Indications are for con-
tlrued liberal movement and some lover
prices but quick advance would not SUR
prise us. Bull speculation accomplishes what
legitimate conditions may not warrant.
b. w Hunter Co. say of today's cotton
market. A slightly lower Liverpool market
aud very small spot sales was responded 10 by
au opening decline Of | point on this side.
but. notwithstanding Liverpool closed at The
decline, prices on this side advanced to .
points. the near positions advancing most rap
idly number OF large stock houses have
orders from customers. who have. made much
money out of the bull campaign in stocks, to
buy cotton on every point decline, ana tile'a
scale orders insure at least steady market
visions in earnest, and a bull movement OF
mammoth proportions is most positively as
serted fer the Chicago market. SSeo,,er or
later cotton must join the upward procession.
aud when speculation takes hold of the staple
II will be found that an advance OF cent or
= cent and half will be Just as easy as mas
been the recent advance of 10 cents a bushei
in grain. The powers have decreed th9f 1899
is to be bull year. aud prominent Chicago
house voices. public sentiment when /, says:
Tho nan who can not buy things in 1897 had
better stand aside aud not trade at all" This
south seems slow to partake of the emthusi-
ash. but has the opportunity, with cotton at
present low prices, to ge. in for the biggest
and Most profitable bull movement yet seen.
New York Cotton Market.
New York. December 27.-Upop the resump.
ton of business at the cotton exchange today
1t was soon discovered that orders were very
snaree, Tho local contingent was practically
in possession without much in sight to slim
ulato them to activity. The English cables
were disappointing, especially as to the
amount Of spot sales at Liverpool The Ia
different character OF the foreign markets for
cotton futures also acted damper to
quiet and steady with prices anywhere from
point higher to point lower. The listless
character Of the trading which marked the
opening call was scarcely improved uDon for
the rest OF the session. The entire range OF
the market for the session was only n mat
ter OF 3 points few ventures on the long
EfnCTHllN
firm reports, receipts from Southern SPOT
markets in connection with the continued
heavy, exports and also stimulated by con-
tinued favorable accounts from dry goods
markets and spinning districts as to tho out
look for the distribution of cotton goods and
the CONSUMPTION Of raw material in this
country. The fact that outsiders failed Ia
take any interest In cotton to speak Of how
ever, led to some liquidation CT long con-
tracts. and from an advance of 3G+ points on
fridays closing price. the market hero eased
under SIN yith
prices unchanged to points net higher.
"CottOn Facts"
Mr.. Alfred b. shepperson's annual compila-
ton Of Cotton Facts has been received II
contains complete statistics In regard to near.
ly everything pertaining TO cotton for Il series
OF years A general review OF the season OF
1928 and the prospects for lsss-ss is a feat
ufe OF the volume. Tables are given showing
the quantity of American cotton brought into
sight and the quantity taken by the verdi.
spinners each month since 1891. There is an
article on the progress OF cotton manufacture
IN Japan and China and detniled stateinc Is
OF exports of cotton manufactures from the
United States and Great Britain for the years
enolnk June 10 and August 81. respectively:
also statements OF similar exports from the
United States for each year since 1881 An. /
other feature OF interest Is Mr.. shepperson's
with full information In reference to the con, |
sumption OF these cottons In the United States.
Dry Goods.
New York. December e7-Thc market for
dry goods re-opened after the holidays with
a Quiet spot business In progress in cotton
goods and moderate business through man
orders. This had no effect on the generai
tone. which continued firm. Stocks arc in |
uads so as 70 o u thai sellers
Regular print cloths are strong at pa ana |
Wide odds have advanced to the basis Of NJ
cents cents, f9r ssMsineh 81 SQUARES Light weight
Cotton hosiery dull and IRREGULAR