The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1898-05-07
IN The COTTON MARKETS.
Spcculators Are Not Aggressive on
Either Side.
a STRONG UNDERGONE IS APPARENT.
Hou.ton md Liverpool Both Ad'
vance spots-Futurcs In All Ai"r
kcts Close Higher.
A STRONG UNDERGONE IS APPARENT
Office of The Post,
Uo,,ston. Friday, May 9.

wb,Ie there is no snap to speculation IN
cotton tho undertone Is quite steady, ana lac
markets have all hrmed up on better oe
nond for spots Professionals are not p'uhg-
,,y on either side and are simply maKihs
occasional scalps on up and down turns
some little interest is now taken WIN re-
card TO the growing crops and II Is ieafeu
| the cool weather will retard growth.
| rho movement is below that OF 1895 at ports
| but the into sight shows for the weeh '''o'-'
| opaipst ~. leO for the came week In the DIG
| crop year ,-,o ,...
year and 1890 in 1885,
Houston put spots up LIS and LNerpooi
| advanced i-32d.
Futures in Liverpool closed S-6i to S'a'o,
up. New York advanced to po'h's ""u
New orleans to Z points asa,
New orleans expects tomorrow ZSuu 10 -ov0
against 1920 last year and 226o IN 1880 iou9'
ton expects $50 to 800, against III anu 4-s 'a''
year and in 1895 respectively
CnrgiII ~ Fchnrdron'" 'irc"i"''
Cargili G. Richardson of Houston say
Cotton continues to maintain very steady
, uudertone. with operators showing niue us
position to accumulate lines on either sue VI
the market The local operators in New io'h
; are reported today TO be rather in iaYor Oh
| some iuprovcmcnt, but are connnlnS thch
onnratiops to small scalps, trying to keep ions
little In anticipation OF the much taiken VI
% spring boom. Receipts still continue ia'net
too liberal bue weather conditions are ny W,
: what they should be to give the plant n soua
. start Liverpool met our advance oil yest et,
~ day by increasing the value OF contracts ri
n this morning. and adding l-S2d on spots n,s.
80 with the norther Ia Texas, cause Il net ,
feeling in our markets. New York closed
c. points higher, New orleans to up. spo ol
o. | unchanged Into sight la,6l2, against oe'V''
:, last year and 49, l60 in 1895.
CD cotton Strndi,y Advancing.
Q, r. w Hunter G. Co. received the ioliow'n'
from their New Orleans correspondence
M The cotton market has ruled quiet ana hrn
ng TODAY. and tho close shows an advance oil
no ia 6 points. Advices from Liverpool were IA
a.; vorable. being 3-64 up rejecting good re
nd .,orea tn the improved tone OF the America
ip- markets of Yesterday. There was some carr
90. buving on cold weather in the southwest, b,
'cp Inc Weather map shows no temperaturess i,
i've Tho cotton belt that are liable to be in1uriou
SO to the Young cotton however. Prices r,
NAMED steady to firm all day ana CLOS ,rSo
about the best on moderate business lne
seems 10 be no general disposition 10 anUs
nate a decline. and local traders hppeul !.
g. ditferent at the moment spots quotto s'e"u
sales $500. with no change III quo'a'0'
New York Cotton Market.
New York, May 6.-The cotton marx
opened steady at an advance Oh ou' io'"
with subsequent variations unimportaht' u
tho market finally Stacked at net gam
o05 ro,rts: total sales $685. 900. Selling "
restricted by conflicting crop accounts, i
lowing recent reports by the agriculture, .,a
partment indicating cold, wet Weather ~ va
Gus sections Of the cotton belt, retarding
Iiveirool market. further drawuaek
thi,, has hoen the rapid rise in the trioutarr
OF the Mississippi river. This conaiuon
lei no 10 considerable buying Tor snort
ant r.
n,n Chronicles Weather Rcports'
New York. May c Especial TO Ine fo'
,rcn THO Commercial and Firuacial Chronicle sa
oar Geographic advices from the sP bne h
mora favorable, as n rulc, curing the
wsy noints that the temperature Is too low,
- !" few districts OF Texas and Arkansas the !
rinitntion has been quite heavy, but ger
nlly the rainfall has been light ana III
thT Atlantic moisture is said to be nee'
llvea- our correspondent a, Mobile reports the ST
poor and growth slow.