The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1898-03-11
in THE COTTON MARKETS,
Speculation Mas Inactive and FIuc'
tustions Narrow.
the BEARS in CONTROL OF PRICES.

! osare % The Post,

Houston, Thursday, Nurcn ~
rhc cotton markets were decidedly tsms
todsy. Trading was lini,ed and fluctuations
naiyew. The hears at the end OF the session
hal the hest Of the battle.
II was circulated Ia New York that the pres
fdert would socn submit to congress the CON-
sliar reports on Cuba ard recommend ths
yerognitiou Of hcilisorcncy or independence.
II was also reported that the report OF IN
Maine board OF inquiry wonid soon be ready
ana would state that the big warship was
tlswn UP by outside agencies Such news -
this caused prices In all directions TO Feeede.
In spots holders are more willing TO sell
than week ago Liverpool sold is.eoq bates
Il unchanged prices. New Orleans vas l.isc
down, with sales Of only 1850 bales, aud other
spit markets were unchanged
Liverpool futures closed at loss Of s-slds
Nc.r orleans was 3ns and New YORK gitt
points down.
The port movement was 2S,4i7, against sop9
las. year and is.Iss infs95.
Houatoa expects 9sa0 10 1000 tomorrow,
against 2els last year ard 2asT ii 1896
New Orleans estimates receipts nf 100 20
sicl psalnat 1923 last year and 1861 in 1855.
Estmates as TO tho acreage to be pinnted
are ccming IN, but until soms dehnitr action
ii tektI with regard 70 Cuba Il Is not thought
the cotton market will present any temnta-
tioa to spedulators.
Hunter & Co.'s Daily cottnr Letter.
LIVERPOOL came easy and closed qaIet at
1isa. points decifnr. OR market opened a.
last nights prices aud advanced point unffsr
gcdd buying BY Il prominent New York boise,
sum 70 be inspired by the ihcfeased sppt busi
uess ID Liverpool. Receipts mud esthaatea Fa1
literal. aud later vheu the stock ana srdn
markets began 10 Jsofine under hear mantea-
lsttnn and dlsqnteting political rpntora9 whieh
wers due earlier In ths iaS but AL not ennle-
were ffesiy circulated, the hear contingent
began 20 work on cottnn and lar.uereh prigcs
tncefsantly. most prominent au,ong She aellers
halns Ide. who was credited witn oResfaSs TOR
account OF NtcFaddeu. Strange 10 say. pgt
nevertheless true. the South seems hearfsn,
and numerous rarGrts wern received teIny
from sections az tic cotton belt, aud partlcu-
iariy Texas and Mississippi predicting no DE-
crease IN acreage, which added TO the east
nsss and caused frHe selling Of tke late post
tinns which infected the ertfrs ltst New York
tlnsiig easy z lower and New Orleans steady
tGa lower Tho beard q Inquiry IL expected
to hard fn us decision the sarty part 81 next
week, and IL WAS reported that tkny would
say tho Maine was blown up by outside azen-
chs ard that tha president would advise the
rsebgnitter OF the Independence OF Cuba. mo
man estimates the contemplated acreage for
iSs.ss AZ si.l5s.o90, against 2I,Iia,0cU He
makes Texas Ssaieco. agalnst : .54.a COO The
best lnfoFmed people In the trade think Tho
Jnan should corfur himaelt to grain acrenre
or which be Is moro often ridlcuinus than
oshetwise. The weekly bombay report shaws
receipts $1,000, against 5000 last year. ana
shipments 1s,noo. against 2;,apo Exports to.
d. wsre iHrgc, being a9.@1G. ns compared with
port receipts Of 23ils. Spot markets quIet
and easier Wall street bought cotton. Liver
Eou ard tne German contingent sold some
Th~c WAS little doing ard unlaas the outside
public comes INTO the market seHlpors pfc
liktiy TO held full sway fer awhile but powor-
ful npneyed interests pre iaviue m Mites NJ
Cd an rnrn. oats. provisions mud stocks, aad.
Tith 40 almost certainty % a biz boom In
these and Of much highsr prleos az wheat n
ieoka reasonable 10 anppase that speeuiatfoa
wlil also take hold az aheWn csstnn and put
prizes much higher Tho s,uple VIII ina
plsnrY Of friends when It's boom starts