The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1898-03-06
IN THE COTTON MARKETS.
Trading Mas on a Small Scale amp
Lacked Snap.
SpOT MARKETS CLOSED UNCHANGED,
Good Demand for Cotton Continues.
Deliveries shaw hut slight
Chnngcs--rhc Reviews.

Houston. saturaay. Mareh 8,

/
Bears had predicted decline in Liverpool
today and the bulls werc OF the same opinion
hut they wcre surprised 70 find that market
steady. 4N
Sales OF srots In Liverpool footed up 5000
| bales at unchanged prices. Reports from
thcrc were TO the effcct that Manchester spin
ners we're s,il loading up on tho actual
| cotton. At tho beginning OF the season tho
visible supply was the SMALLEST In years, and
| despite tho cnormity OF the crop II has all
| been absorbed,
Adviccs from the Piedmont section say that
mills arc running double time and have ex-
hausted all cotton in that section, conse-
qucntly they must get further supplies from
Texas and other States. II Is this nnusnaiiy
active demand which buoys up the market,
| There were no changes in any spot markets
| today and sales vera large for hnlf day.
Futures worn decidedly Inactive aud dnli.
| transactions werc very light and fluctuations
| hardly sufficient to fnyito soaiping.
Liverpool deliveries closed practically UNI
| changed. New York IL UP ! TO J ana New
Orleans closed from unchanged 10 points
higher than yesterday.
For the first time in weelss the port move
mont foil bohind 1895, being lg,sSS, against
H. 7s9 Inst year and 1903 in 1870,
New Orleans expects $4,000 TO $4,000 bales
Monday, against 1857 last year and 6Sia IN
1890
Houston expects 1900 to 1000. ngainst 1850
last year and Slsa In 1925.
Cnrgiu ~ Richardson's Review.
Cnrgini & Richardson say of cotton; Cotton
is like the child's game OF sce-saw. Yesterday
we saw II decline. today we see an advance.
It's a acalpers market in n few points range.
There is little change In tho situation Spots
continue to hn In fair demand, aud are likely
I n .a,.f lie nAt A
ming moro oven with 1895 which should be in
order for tho present great deal OF tho
held cotton, both In tho interior aud by far-
tors has been turned loose. The visible
supply for the week ending yesterday shows
loss OF $4,000 bales since last Friday. The
total visible now being $4,000 bales less thnn
in 1895. Sentiment IN New York continues
hullish, aud their following should absorb
all offerings on declines. Liverpool closed
shade irluer than yesterday New Norl, | to
> Up and New orleans to up. Spots UNI
changed.
II. w. Hunter a Co.'s wccisIy RcNicw
The cotton market has nuctuatcd within n
range of II points for May IN New York,
high being G,2i and low clio Ia New orlcans
May sold at 5.si and as low as b,'i. Tho
average prioo for May contracts In New York
during the week was d,l7. Port receipts aud
amount brought into sight this week were
considered large. but owing TO the urgent DC
mnnd for cotton heavy receipts have bud no
depressing influence on the market. Receipts
for the coming week promise TO be liberal.
900 bales, against l32.000 the same week
in the big crop year. While IT, " ca'ly YET 10
form any idea OF tho acreage that VIII be
planted this year, yet we have few eratter'
ing reports from different sortlons OF the cot
ton belt which isfieatc that the ground Is in
IA favorable condition md there seems to be
little disposition TO decrease the acreage.
Trade conditions are reported az beiug good
ut Manchester and spinners are entering the
sDst hot ra.t. fpf SIN tpn "A