The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1898-02-27
|1gE COTTON MARKETS.
,,.cy Of Both Spots and Futures
Was Upward.
EulI COTTON IN GOOD DEMAND,
1 nserings Are Quickly Taken by
E.r BuyerS--span ish-Amcrican
s,tuation Still N Factor. ~
office Of The Post.
Houston. Saturday. February 2s.

Houston, Saturday. February 2s.
~ has done well this week and on the
York future board IS have given way
m through. the advance being about is
points.
!. demand is active and buyers are
81, 10 take every bale offered. a dis
I, from North Texas stated that Mclrad-
"a Ralli buyers are offering 5-is above
liverpool parity for cotton on the spot
,,.orv teaches that wars almost always
!, torth when nations are unprcpared.
mat Uncle Sam has put himself IN
,,.ss for a fight 1t is believed that Spain
" the folly of engaging In war-hence
REGULATORS believe there Will he no
M
n are others. however, who feel posi-
NAT the tension is so great hostilltios
men up any day, or even hour, and
40 not want to be caught with short
~ Of the actual cotton. This element
spporting the market at the present and
!. Il strength, rs statistics no longer have
b influence.
fh,rpool advanced spots 1-3od with sales of
bales. Houston closed unchanged, while
keston, New Orleans and New York are ali
lls.
kidding in Houston is 1916, the highest
Ia il has touched since October 81 last.
since October IL has 8 cents been re-
Ned
rtures In Liverpool closed to ah 6iths
New York was to 5 points higher and
i Orleans Z to 10 ON near and on next
y months.
Rat receipts were 1861 against 1900 last
ii and II, 1893 in 1895.
ftw Orleans expects Monday $4,000 to l6,-
against 1921 last year and 1854 In 1895.
houston expects 400 to 5000, against 2550
year and 6243 in 1895.
CargiH Is Richnrdson's Circular.
targll Richardson of Houston say:
hose who have been fortunate enough to
ID their spot cotton are debating the price.
y exporters say there is no demand and
u tho spinners are filled up, but we notice
b for every bale put upon the factors
Ne hungry buyer is found. All our spot
Ikets except Houston advanced quotations
h today. but the stun is worth more.
Sherman. Texas, correspondent wired |
y buyers In that section were paying SIG |
n Liverpool parity for spots, with little
nie.
|his was rather mild bull day In cotton. !
fHpool was up 2 to 2la-64d. Our markets |
N very firm during the first half OF the |
but the general desire to take profits
long cotton caused some easiness for |
~ although New York closed at practi- |
N top quotations. New York closed to
|Nnts higher than yesterday, New Orleans
III points UP.
h are still fighting Spain In the news /
M, but the real fight is promised on
ldiy. when the court of inquiry make their
nj few houses are advising their
h1 to let everything alone until the thing
)Rtted but the nature OF American people
Dds; they like uncertainties too we'll
nat another week will bring forth In cot
: Id an unanswerable question. but we be-
that with the crop practically gone into
lands of the spinners that and determined
les to adtance prices will be met with the
kpSal OF the financial world.
ne Chicago board OF trade and the New
II stock exchange. both of whom are deal
! 10 high priced stun compared with cot
did not like tho warllke headlines OF the
fes journals nor the weekly New York
p Statement. which showed that the timid
n were withdrawing their deposits and
Srs their money in safe deposits or old
nA The losses were moderate, however,
5t May wheat, which is turned Mt one
Es will. Hog receipts $1,000,
NeiII Bros Circular.
Miollowing are interesting extracts from
best circular of NELL Bros, Of London:
sStipts-As we approach the completion of
list half of the season, the comparison
esipts with those of the previous rec
1 crop, 1894 -95, becomes Increasingly In
sting, because the weekly and monthly
rs as they come around, are tho best In
aon available to the public for what
remaining deliveries Will probably be.
i Total movement for January. as made up
ne New Orleans cotton exchange, was
EyNp bales, against 100000 in lS9i-95, an
kas Of So per cent. If the remainder OF tue
~ should give similar excess the com
Enl crop would, according to the above
yea authority, work out as follows:
1898. 1869. 1s9i-so
uefed to Dec
] ..........7. 26O, 900 $685., 900 6.99b,Ool
s.y as above. 1.377.0O0 72s,00o 100000
a. months to
ne II 80 per
|'st over 1895 $40. 900. 1852 900 l,ss6. 900