The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1898-02-24
] | | COTTON MARKETS.
w Advssce Abroad and On This
rs |S''s' Side Also.
sUBsIDENcE OF THE WARLIKE TALK.
1RancAester BuyinE More Freely and
: Mere BullIsh Feeling Apparent.
spots Close at an Advance.

Houston, wedncsday. I'ebruary ..

3ttf' HOUSTON, Wednesday, y cnTudIy -os
The course OF today's Gotten market was .
ueruine surprise all around. The most ar
dsnt bull was as much Mt sea ms the pessi-
Witt3c bear, who has a nightmare when no
ahum his eyes and sees dazzling before him
cannon belching forth in war and the crop
movement millions more than II can possi-
bly, Ne.
sHs IA Monday there was considerable liquidat-
Ing holdings being turned loose over tho holt
Day. The news from abroad then was that
rrNren and England were about TO fight over
trfr:tcfy In West Africa. There was also a
fear Of jIngoism at Washington However.
the prompt disclaimer by France OF any sinis-
tar Intentions In Africa nllaycd fears on tho
other sido. M
Y Manchester. which was quite nervous last
week, resumed buying, with tho result that
yesterday LRerbooI jumped up 2-6iI3-Gid.
When that market opened today another ts-Gi
014a-std was added TO yesterdays advance.
and this sent prices on this side bounding
supaare somc 911s points For awhile with
good buying orders from the South and Eu-
rope. tho aspect was decidedly bright. hut
beftrc the close OF the session disauietins rn-
mors from Washington nnent tho Spanish
part OF tho advance was lost,
Tho spot markets. sympathzed with tho
stmpgth shown by deliveries. and advances
ware the rule. Now York closed unehangcd;
Houston is up isc; Liverpool advanced Lied,
aud Galveston. New Orleans Memphis and
Savannah each l-isc. with good sales re-
ported.
Liverpool futures closed 1.6id1,s-Gid better
thar yesterday.
New York futures closed NJ an advance OF
7sfs points and New Orleans 6Gi7 points up
Pert receipts were 2s552, against 1856 last
yesr and 1GoDl In 1906.
semi-weeIy Movement - Receipts a7.ato.
against 2o,ao3 last year and II i95 In 1886,
shipments 6i.52i, against 1881 last year and
4l.hD5 In 1896.
New Orleans expects tomorrow $500 to $500.
asainst SoIs last year and 1910 In 1876.
Houston expects 24oo to 300, against 17is
last year and Ie9a in 1896
y, w. Hunter a Co.'s Cotton Letter.
b. w. Hunter a. Go. say: Tho Llyerpool
market made jump of 2Is points yesterday
ana followed up tho movement with another
Iise TO-DAY. which resulted In mn advance In
tnaf market OF sisT4 points. This was a de-
ciden surprise to tho trade on this side. Now
york opening prices were aapI2 points higher
than the final prices of Monday, New Orleans
being 13efli points higher The rise m, IN,
other side is said 70 be due to the lnct thnt
relations between Great Britain and lr,n,,
woul,i not be disturbed by complications In
aiilfa. There were evidences of hesitation
uurins the forenoon. hut the fact that Liver
pool closed NJ about its hest prices of tho day
lnisI,eh n frmer tone TO our markets tom
porafIiy' Forelsnors were said TO he buying
on this side, md Southern buying was ALDO
quite extensive. On tho whole. The o,tloniS
VA dnite satisfactory. Littlo attention was
PAU TO tho movement, Interior receipts for
ms half week were ~ ,bS7, against 20J0i I,,st
year. Estimated receipts tomorrow Tor both
New Orleans and Houston were considered
light. Toward the close there WAS fresh war
talk from Washington. which tended 10 ug-
asttlc the market, New Orleans closed at n
net advance of 1ftS points for the day, The
tone baing barely ateady. Most Southern
n,sIkets were reported as bcing i-1Gc lnghsr
on spots over Monday Should sensational
lNbDp Developments suddenly be made public
the resulting break in cotton would nf,oTi an
ca client opportunity to take Oh n few hun-
dreL bntee of distiuctiycly hull commodity