The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1898-04-13
IN The COTTON MARKETS.
Spectators Incline to the Belief
that There Will Not he War.
LIVERPOOL CABLES DlsCOuRAGlNG,
Futures Close at Decline In All
Niarkets-No ChnnHc In spot
Quotations.
Office Of The Post.

j. 1OuStOUs lucSudy, april
Cables were not encouraging. 1t was the
expectation that Liverpool, now that tho
Easter holidays are over, would show an adj
Vance. Sales OF spots there were 10000 bales,
at unchanged prices. Futures at the close
showed loss Of 1-64.
Bulletins indicated belief in the specu-
latiyo wcrld that the Cuban question would
be settled peaceably. Washington and Lon
den were buyers in stocks and this loaned
some little strength, as they arc supposed to
be on tho inside.
1t is entirely too early yet to make any ac-
curato estimate as to the new crop acreage
Reports are rather conflicting, and only a
limited area has been planted. Much of the
seed planted early rotted in the ground and
must be rcplanted.
Port receipts were 1897 against 9517 last
year and 26,23S in 1895.
New Orleans expects $500 to $500 bales to-
morrow, against 1856 last year and 1882 In
1895.
Houston expects 1900 to 1900. against 1iis
last year and 1903 in 1895.
All the spot markets closed unchanged
New York futures are . to and New Or
leans to points off.
u. w. Hunter &c Co.'S Cotton Letter.
Ihe oulls expected higher Liverpool, pos
sibly 2-64 to 1854 advance, in sympathy with
our steady markets. and more peaceful out
look since the close of that market last
Thursday, but they were disappointed as Liy-
erpool came unchanged and closed at a de-
cline of LEA. This led to some selling by
disappointed holders, and by wall street VINO
gnft tn,
ter Liverpool, and our markets. after opening
down to points, sold lower than ycster-
DAY The market VIII now be governed more
ty crop news and less BY Political affairs.
feate sentiment is makin, good Roadway in
cotton circles. II is thought that the Spanish
question viii hang in the balance for some
Tine. but that IA peaceful solution will result
ne hope is expressed that Liverpool will re-
new active buying at an carly cay The
tiade is satisfied that Manchester is short
ana while 1t is believed that the continent has
pretty we'll tlled up with cheap cotton some
saying that purchases have hcen made MS far
ahead as next December there is no doubt
but that English spinners have small sup
plies and when they enter the market there
viii be some active bidding. and we will have
n much better market Ii Is The season of the
year. and conditions are favorable for an
advance, and any activity or material change
in the market should be in the line of higher
prices. Just now there is little outside in
Lerest in the market, but with an advance
once under Roadway. the public will come in |
and help boost prices.
Cnrgi13 S Richardson ON Cotton.
Carsill & Richardson of Houston say:
After an extended holiday the London stock |
md Liverpool cotton exchange opened for |
business this morning. The former sent us |
over quotations for stocks, consols and
spanish bonds, which caused an easier feel
ng In our markets at the opening In cotton
decline of to lla-6id was made in Liver
col from the close Thursday last Locally
rices we're a shade easier quotations at the
lose being to 3 points lover in New York
nd : to 1 lower in New Orleans. Spots still
Inactive and unchanged. The political stua-
ION shows no. Improvement, although the
ceiling is gaining ground that the republican
1nk5 in congress will not be broken and
hat diplomacy viii eventually find way of
ettling this difficulty without war. The res
lutons recognizing the Cuhans are still in
ne hands of tho committee, although at one
me tcday report was sent out that the
ouse committee had reported favoring recog-
iticn of Cuban independence The action of
lese committees will probably no the next
icCe infOrmD tim n in fiupnro vuIYas |