The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1898-03-19
IN THE COTTON MARKETS,
Volume Of Transactions Is Exceed
inaIy Small.
THE POLITICAL NEWS PREDOMlNATEs
Until the Suspense IL Ended No Inn
provcment Mny He Expected-Fu-
lures slightly BETTER.
Office Of The Post,
Houston, rriday, March IS.

Office OF The Post,
Houston, Friday, March Is
Delivery sales of only $4,000 bales in New
York and 10000 IN New Orleans indicate thet
4 spectators are not inclined to plunge to any
extent.
4 There is enough of gossip of all kinds. but
II Is contradictory and in some instances alb
solutely ridiculous.
i The figures tell what cotton has done. but
4 tina. Is all. What it will do no one knows,
4 Tine bulls and the bears have their opinions,
z bur they are not backing their Judgment with
4 the money. They are still waiting until Nc
i Kinley and his advisers come to some under-
standing as to the Cuban situation. Until
THAT Is out Of tho way nothing encouraging
i MAJ be expected.
4 The into sight for the week was f7l,061,
against 157,7s5 in 1895. The amount showing
UP since September is 9.975,its, against
ss2s.as3 IN the big cropeyear-
Port receipts for the day were l91oi, against
4 i3,es5 in 1897 and 2o,S97 in 1895. For the week
the port movement was 1859, compared with
12f.sss in the big crop year.
Srots again closed unchanged, the tone be-
Ing steady.
Futures showed more strength. Liver
pool was k6id I'm, New York unchanged to 2
up and New orlenas ] to 3 points up.
New Orleans expects tomorrow 1000 to 5000,
against 1856 last year and 1924 in 1895.
i Houston expects 1000 TO 2ioo. against 994
last year and S261 In 1876.
Cotton BolIs.
In Louisiana farmers are reported to be get
ting along we'll with preparations for cotton
planting.
Columbia. s. c., reports that fertilizer sales
80 far this season are materially in excess of
prcvicus years to date.
In Georgia farmers are preparing land for
the coming crop and full, average acreage
4 Is looked for. with possibly an incresae.
Reports from Greenylle Miss, indicate that
receipts there for the season will run about
1 % nor cent over last years receipts and that
picking continues.
Dealers of Raleigh N. c.. are quoted as
sayint that cotton acreage in that section
amount of cotton held by farmers is mucn
I greater than usually held at this time OF sea-
son.
! Most sections of South Carolina report IN
/ dicAticns of full average planting and farmers
I appear to be using as much, fertilizers as
/ usual Farm work is further advanced in
| mos: sections than is usual at this time of the
| yeai
/ Conflicting reports come from Liverpool re-
garding the future of the market Some eX-
! pect material advance. while others maintain
pect that the supply will be fully enough to
| meet requirements of spinners and that BUYERS
are not as eager to buy as they were little
while ago.
Hunter & Co.'s Daily Cotton Letter.
| Liverpool closed y higher and did good
| spot business Our markets advanced points
1 on the opening, but declined to 5 points
| anc after rally with the strong stock mar.
ket In the late trading closed points above
last night Business was slow and there was
| little disposition to do anything, scapers max
/ ing what few quotations were sent out. New
urie en estimate was liberal, the into sight
i I'i,oVo-was heavier than expected and the
/ STOCK market. until just before closing time.
was weak. These things caused the decline
Iron, no opening prices The rally in stocks in
| ne, meeting without having received pre-
I iimtrary report from the board of inquiry and
nk,elinood that tho report would not be made
pNoic for several days steadled Up the cot
ton market The Chicago market was strong
| anu closed with good advances. aud ali thai
oouon needs to start a good bull movement Is
| active speculation, whieh seems unlikely to
ohtef the market at present. Reports saw
that good start and an early one has been
made !. toward the next crop. and it locks as
II bearish news Will predominate for awhile
IN this direction II the selling keeps up with
the bear news prices will be forced lower but
the short interest which will accumulate will
only add to the strength of the market later
on 1t Is almost certain that determined
effort will be made BY the New York bmli
crowd TO advance prices. and. while they may
succeed. -
cargiIl Il Richardsnn's Review.
earsill q Richardson say of the cotton mar
Ket' The New York papers this morning.
notably the Herald. had more peaceful tone,
oatla olfh a. exhibiting n large headlines
mat diplomatic messages were being San, ~ u
~ treen inc TWO countries which were resulting
VIZ ~ , cessation OF warlke demonstrations.
WI tnis 10 encourage them the traders In
STOCKS started prices $40. per cent biebnr
than last rights closing Prices contianed
s % 'e'i,,ain the improvement until late Lon
Aiieileanf Nat and lower. when The beays
as.ar,es 10 ior another raid prices preakiny
m nna,y, Later nc ~ The dag viii, the adjourn
s s,s' they saying thar no report from the
o Mnime nso been received. shorts started 10
cover and found little Tor sale ~
Cotton sympathized with stocks IN i, sn,.,,
eNtcht, but fluctuations were con5nc, 10,
n fNW range. In the latter market the oniv
i.,.ns, 9. note was the weekly into sight ~
tsu' This makes S nearly l.n5o opD ai,.ag -
tne ihtler year. Liverpool closed 1. IN NJ ~
, aork ! Gp ard New Orleans to up. snots
wv. anu unchanged, with little demand
Dry Goods,
ne" YORK, March 1s.-Tradnr In drv yooa.
II simulated somewhat by the needs Of i'm.
pers throughout the country who have been
conducting lively spring business and fee,
the need Of rcplcnishlng stocks. seusonah,e
socds in nearly all lines are in request 10 \
considerable extent. In prints there a. |
eontnued gain OF slight proportions. Staple
cottons show tendency toward stifar |
mafsst Print cloths weak sale Is s'I re-.
ported 81 10000 extras at 2h, less i per cant
me, nnc 9est plds are registered at 2i-l6. and
manufacturers have so far refused this,
chronicic's Weather Rcports.
New York, March 49, Especial. 1.-The ron-
merciel and Financial Chronicle avs; al.
vices to US BY telegraph from the south this
svsn,ns oenote that rain has fallen in most
localities during the week, hut in eAnsra,
the precipitation has been light. The Tern.
perasure has been satisfactory. Farm work
= making good progress as . rule. and n .
number Of localities ia very well advanced.
New York Cotton Merkc,
New York. March ls-The dullness in ~,
ton futures continued fndo - ~