The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1898-01-28
IN THE COTTON MARKETS
Another Small Advance Is Recorded.
in Deliveries.
SPOT OFFERINGS READILY ABS 0RBED
Receipt. Continue Liberal ana the
Estimate for New Orleans Lnrge.
No Change in the Spot Market.
POT OFFERINGS READILY ABS 0RBED
oface Of The Post.
Houston, Thursday, january q.

/ Tho advance In cotton which set IN rev
days ago was continued again today, Liver
| pool closing ts-6idl-0id higher on FUTURES
| aul with spot sales of 1900
] whether the market from now on will iol-
low the trend Of 1895, the big crop year, re-
| mains to he seen. At this time prices In
| 1895 gradually advanced.
| The bears lay considerable stress on the
fair weather. claiming that receipts VIII soon
| again be enormous. That however is prob
lcnutical as those who have been holding
| out so long for higher prices are evidentiy III
| n pcs!tion to stand a further siege.
| Factors and holders of cotton find no diff
Guilty in disposng of spot offerings as the
| expert demand has been well maintained
throughout.
Now Orleans closed unchanged on near and
point up oil far months, and New York
showed an advance OF points.
The spot markets closed unchanged, ana,
while quiet, the tone was steady.
Port receipts were 33,o22, against 1888 last
year and 2S,75i in 1895.
New Orleans expects tomorrow 10000 to L.
900. against 1868 last year and 1892 in 1895.
Houston expects sOOO to $780, against 173S
las. year and 6475 in 1888.
Hunters Daily Cotton Letter.
Liverpool made feeble response to the adj
vance on this side, but Notwithstanding this
New York opened ut the outside price OF last
nights close and even 1I2 points higher ON
distant months. and after selling at $50 for
May was up to 5.A at the close, which was
very steady . points up on the day. Jnnu-
airy and March were held by constant bid
ding all day and Rocky Mohr was a notice. |
able buyer of May at o.S3. Prominent firms
bot sht on the slight reaction which came
soon after the opening. and there was no
pressure to sell al any time and more disposi- |
tion to buy. Business is still quite restrict
ed and not much change Is looked for Spot
markets arc steady, but the recent urgent
demand seems pretty well satisfied and Offer
Jugs from the country are free. Receipts and
estimates are liberal. and IA larger move
ment Is expected with the clearing weather.
The advance may go little further, but not
much, and so long speculation in cotton
continues at such low ebb only scapins
markets can be expected. At the close today
on any further improvement we think the
market sale for turn, thinking that the
low Price of the season has hardly yet been
seen.
CnrgilI * Richnrdson's Circular.
Cergil Richardson OF Houston say We
are pleased to inform or friends that we
have arranged with f. G. Logan. Chicago, for
his private wire at this point. This gives us,
N addition TO our former excellent service,
direct wire to The Chicago beard of trade and
he different New York exchanges. We trust
ha, those of our friends who are interested
n grain, provisions and stocks will give us
III Opportunity to serve them.
Cotton ruled very steady again today, the
lose in all markets showing slight gains over
The movement is showing indi- |
btitns of some increase, but the fact that
here is no pressure on either the spot or flu
tra market causes an undertone of strength
which is quite gratifying. A prominent New
'oil' house wired that Liverpool had been ;
rec buyer there today, principally uncover .
ne straddles between that market and Liver
Dol, 1t added that clearing weather and .
cnVier receipts would cause lower prices
.ew York closed up. New Orleans I'M
hanged to l point up and Liverpool LTD
III spots steady, without quotable change.
Dry Goods.
New York, January 27- Reports from dry
Gods stores showed fair returns in all job
ing lines, but quiet trading at first hands.
4 COTTON, trade Is still delayed, and wooden
pods SHOW desire for shop bargains Both S
lhikets are hrm pending a general advance
nG seIlers IN all grades hard to deal q
lth. The activity in the Eastern cloth mar 7
et helped the market and an advance In Il
9th has helped the situation locally very j
ateTally. The quota o. buyers is fairly i
fge. hut as yet the visiting representntiyes
refer TO get the prices rather than TO enter j
no actual business export for small and
altering lots In staple cottons there is
ni tone evident though sales have been of
smail character as heretofore Print
or OF, nave sold again at 3-l6 in extras at
I, . RIVER Prints are quiet today in nearly :,