The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1898-12-02
Statistical Information from the Exchanges
Of United States and Europe.
BIG CROP ESTIMATES ARE SCALED DOWN
Holders Of spots Are Not Making
Cdnceseions-Henrs Are ns cs""i
Pessimistic ON the Movement.
nfano a The Post.
Houston, Thurrsd

|, is waning, However, the bears arc stiii az
eressivc. They claim that all advances VII
bring out moro cotton and that should spot
20 higher many now holding back would duni'
their holdings ON the market. They conten'
chat the big movement in October and NO
yember has put enough money in the hand
Of planters to meet pressing demands ana ina
Il farmers have an enormous amount OF cottoi
still unsathered or already baled which vii
bs marketed the moment there is any appre
c'aoae ausance ~ - 800 -,,,
LOT the TRADE oeilevins .lat n , - 10.
Ton Is tning Oh thc pass. " ~. =, oNn, a.,
dicted that the crop wouid os iioii wy oo
70 i1,oVv,vvv no" tn A .ues -. ~ - 81.
to l,VVV.ooV over the market. ihes nav '".e
the Duii a,de iately put us 'i'e'e 70 nv
or concerted action ~ ls 70 pe eApee'eN 'A"
the Iiuctuatiohs VIII Dc NARROW.
Hoiders OF spots are not ihsiineu 10 lnaA'
concessions. Ihey tninR that VIII ses's'''
i Oh nign grades the spihhefs must gay ino1'
4 money.
Jixarnooi today rcd,,c.d snot quotation.
10, Ia -. "a 40 h,,as ,ha American
LOU VAIN safes oi iV'VVV uaics' 'ie An -
| markets closing unchanged.
i Enturaa IN Ijyarnooa wore steadier and We.
/ .s.... -. .s...s, 80. ,,ar,,a,
4 tercay loss was recovered better marheS
| from that side is looked for tomorrow. al
i 4houy,s r.,varnool4 today rva.s I, free SELLER
80 -, =. -. So,
| the South.
New york cIosed nj an advance of A 10
~, ~ O..
ana New orleans to b points.
| Port receipts We're 55,627 against J2.S14 las
wear and a. POI In 1891.
rra,,..,., -. .a,,,., ., m. :, ., soo
against 14.101 last year and 99st in 1891.
| New Orleans expects 10 900 to 1900. against
| i. ,oo -. -. -, no 80. ,en,
| 1870 last ysar anu -s.at' IN 1874.
"nDorn ""rhe.'
". W. Hunter d Co. say oil todays cotton
.,uhhor, market this r,orrtnr ord soa,r ,
STUBBORN market THIS morning ana, seeing
did not avail. they covered their contracts
spd haa IN Inv in ,he,r GOTTEN Of loSs aud
ON an advancing market. I,iverpooI resoycred
~ decline Of 1-sid and our marketa easily adj
yapced 6 points from the opepinr which was
! point lower than Yesterday in New York
Some Of tho bIr bulls who sold mt on tho
sharp bulge Monday had buying orders IN
the market at tne opening TINS morning and
zach npint aSyanco in sot shn ,nrI e.a s a
tn no like n railing stnnc. II ra,bars ,nare
buying as IL advances and on depressious be-
market Is exnected tomnrrow aud tho b b,Ii
siSa narticniarly n, I'll go anu ni az Uni
be the non,,iar one Snnt cof,on ho,ds , M,,,
and holders VIII nnt eaIi oxcsnt a, ,ii 49, IL,
The an,ount into sieh, for ~ sne'i ; pi..s.
Years ON INC f,rst ~ sae pas. siat es
ner cent Of the Total cron so, a'v vaas 40
ming ss Inv as 40 a,d en,,e e ysh'e lu 70
TIgnred an this h,.is ,bis 90 III 20 o 90
IN sIrht womid he abo,,, IN aop on ~ ,T3oW
crop estimates IRE In the heieht Of ss.h %,,n
iust now R,,sness Win , heisne o, .asnloh
tjnues excellent and the consupsp.,n,, an.
ton tbia yasr Mill ~ ~ s ~ OF COZ
records There ia aet;ve mil 40 p,.s,oHs
=,
=, :. r,at -. IA 49, na.hee anu IN the stock
Sas bsg, -, i'a aan o, iho ana already capital
this Investment and snac,,atiyo a,i snouiu
crease enough OF the weight OF the crop has
s onsn removed Tor mig bull market to re-
Cotton Gaining Friends,
Cargill Richardson OF Houston say: Now
that the weight of spot cotton is to quite an
extent off the market. prices are being reg
ulnted more by speculation than any other
cause. Cotton is gaining fr,ands do,iv ard
despite tho foct ,ha, ,ho n.,s..s,a,,si. Wv.
oeop'o ."e iao' 'nat tue professionals are
still bearish and in favor of lower prices, they
do not care to antagonIze tbe buyins eIemen,
that Ia now ta,tr, c,,. a, ia ,nn.la, Ta,...
irs,apd c,o NUS 20 DC deia lower but
vera narIcJ dnn, sa no ~ gostcruay. spoes
balcs fnken hv sn,nnops nyTw W., ana lo.v9
Sinb, a ~, an.aS .asisf. snaos under last
n,s s w. salheu stIsngtn as the day pro-
= s.nSs, LA Sn,s =. "uout psst prices. Law
f,nrrott Noa Cr,o iaounelaleiy, wnic Weid.
isti,o n,,hi, S auat,' Apu .ne OUTSIDE speeu-
iina.ai p Ia I, vVusm.. n91s,tts We're iairly
n'a,, f., az an ussao', anu , NV orleans est-
-, Ia.t ~ oor nv ioo.eu ,vVV raies in excess
y, II, ,st yeat. me inteficr sold freely, but
,nrt ma, s ns re1sp , wnlle exporters re-
~ ma .ns' sn 70 Eurupe are Few and bard
s o. M sAJsn. ~ CONCESSIONS There were
Soy WI i,s,rt on i,esember contracts In
Ia, ra,,md nnu,sat'ons iaVor scalping mar
f,,tur mo''A pieSe". prices LOT the immediate
.u'''e'
New York. December 1.-Today's deyelop- |
ments In the cotton market indicate predomI- |
nance of tho bull sentiment with ,ha -,
nr,ces ~ ~ ~, a,,.s 49, 'ne oes'
.ne Way points over last nights
mai figures. The bull element showed more
or less hesitation at the start as rosn,, a, |
corf,;c,in. 49,. ,.,,,, 49,, eS"'' VI
~ i'o''' "o.oea ana opening |
SAFES We're at range OF point decline to ] |
point advance Following tn. first call tbor.
was. sharp upturn January shorts taxing
fright which led to covering In the Marrh ma |
later deliveries and considerable invsstmnni
buying. Subsequently, the trading d.;ndisn
to narrow professional business Win The AN
leption of a few brief spurts OF api,nation
"a ~, RI, d,v' ~ 49,. -. Siiiindtioh