The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1899-12-06
COTTON MARKETS DOWN
Home Futures Closed s to I Points Lower
Than Monday.
SPOTS EASY AND MOSTLY UNCHANGED
Houston Down 1-16c--Ltverpool Was
HiEher-No Buying to Keep
the Price Up.
Futures 8 TO points down.
Spots ensy and mostly unchanged.
liverpool I TO ] 1-2-64d higher.

VIITIT VI y IIW WI
Houston Tuesday, December

office of The Post.
Houston Tuesday. December ..
Coed Liverpool cables caused the American
markets to exhibit some strength early In
the day Estimates of unusually light por'
receipts even in these days of small figures
caused tho belief that some Improvement
would be shown later. but this was not the
case. as tic opening values were the highest
OF the day and the markets ruled dull and
easy. closing at the lowest point The loss
ir New Yorl; was points under yesterday,
While in New Orleans n decline OF points
WINS noted.
Liverpool futures closed led to 1ls-6ld
bp while spot prices were unchanged. The
sales rcported were 1900 bales. OF which
1860 were American
Home spots were easy and mostly un-
changed. Houston. however. marked oft
1-f6c during the dav. Sales at all points
were very small the demand seeming to have
decreased considerably during the past few
days.
As has already been stated, the movement
for the day was not Large Port receipts
were less than hslf of what thew were last
year but the effect OF the figures showing
this fact was to some extent countcracted by
some increase in the estimates for tomorrow
Mt Houston and New Orleans Houston re-
ccived 2l.lf. against 3e,566 last year while
tomorrow it is expected that from $500 to
10 500 bales will b received, against 1896
last year and s,0ie in 1897. Tue estimate Tor
New Orleans is from 1900 to 1900 as COM
pared with 1902 in 1898 and l5.564 the pre-
vous year.
Something OF cnange Is becoming ap-
parent in the situation. according to some
close observers. a New orloans house wired
fiouston dui'nF una aoE tn"' p''"s "'0
pe'on'us more numerous '"N o''',, o's"p'
led ana with any encouraeemcnt VIII VICIOUS
lv attack tho market and give It a severe
81. - .,o.to .,,, ,,,,,,., -. ..,.t,r, tb,, th,,
JUL AHo'"'' WINS uuo's' a. s"S'ne '""' 'n,5
taw no good In cotton and that they looked
for lower prices due to a change Of sent-
ment in New orleans and a moor demand for
spot cotton. Statistics continue to be very
much IN favor OF tho bulls as they have
been AL during the season nut the trend oil
the market mere OF late wouIu seem 10 N
dictate that the bulls are not following IN the
.dvantapes offcrod then, hv tho Beurcs while
~. -. - 49,. a...,,.i,..,
"" LUIS "'iI'' u"h" tNe u'''9 az ass e'9'''
ana are always on the lookout FOR an or
portunity to do some hammering and thus
strsp,tbnn tbetr rosi,,o, tc,rt,or,ri,v =, ,o,s,
va NV" 49, 'O7''',"' '',' "+ 700
me desperate attempts TO hre5< the market
last week supposed TO have been made by
',u"" Va pU'''siuia' "s' o. s"o"'" NeiS
plaihiY tine length 10 when some OF the
members of that side will 20 in their en-
beavers n influence valucs However n viii
'V-' " -,
not Do long oelore sofhethins uce'siNe Ia ue
veloped. but in the meantime II would seem
IN ba advisable nm tho mar, nj the bulis to
-. t., ,,,,,. -, -,
give the hiEheT p'lVe' ''u" "'o'o suppVl~
March in New Orleans opened Mt 1.2S-2e,
and closed at Z 20-2l, after selling high at
% IA ,>,,. - , oo II >-a,, vo.t ~, o,,,,
- ' ~" ~
ing on January was at ~ ~ ana the close
nj 7I2-l3 the high and low selling being
done al :, ~ and : A. respectively March In
this market opened AZ 5G-5i sold high At
7.5t, low nj A. md closed Mt 147-iS
Advces received Mt tho Houston Exchange
during the day were to the effect that the
government would issue crop report next
Monday tho nth instant az noon.
In their weekly cation letter. ,=zued on
r,s.arrna,, & 5lr,, So q r. ,-,,s Vort,
De'0i'"ef 10 . MUM S"p q" 'V.' N'N i"ih'
Eav Of cotton
Mr. Neil might rs we'll yrsus 'assirst ,np
ftrste that sufficiently l.rss olarfttv -
cctton IS heinr held baak 20 treti'y ne cstt
New York. may be affected for lie moment
PUT ne cotton world does not accept thcs7
80 b, as t1 NJ - nola's CIV
are "A 00o behind those NJ tbs co,,ntad toy,,s
v',ol cas- in every Other wear since 1870 ther9
has been on excess of port reteiuts for the
same period OF from a 100 IA SSg nm tba
averaGo excess heinr nbout 710 400 blisa Mr.
Nell chooses 10 INFER that this pesps not
only TINT cotton Ii beirg held hBct al Inc
counted towns but tbpf a etsst dsoj 10
being held back at the small uncopnted towns
II may be that the crop is larger tber son,s
had gupposed. wa have never Inclined 70 r,di
cal views on the smbiect yvhiie many w,sra
estimating tho cron nj q oA0 oOo boiss We
preferred to accent 10 600 GOD as a conseryativc
estimate and n vas onlv when tbc fscts
seemed TO warrant II that we took the ground
that the Weld yns smaller nif,erant man
hers Of our iirm hayc Iattar,v esr,mat,d n AZ
B sss 400 10 i42 Sio and ,re see nn reaao an
ss yet for an yida dt,,ors,,,eo So, ,.',sn
Is being held back for higher prices we think
Is unteneble II implies that tho South is ca
p nh OF enterlhE into compact OF Kind
conceivable Here is an area ,sr,er tbnn All
Europe an empire in itself, and we are
asked asked 70 believe that the farmers big and
nnovs,, en- , anu popr paw Iuiheu IN Vast
Sron ara tbo hnodrVn VII nola'pE paoh oi une
I, seems liz s,h. ~ ot .'V
for man 10 dai9ha ~ poe s, a,
Views zen a. a s,,noreeyai t. ~ ~ eu ~
ttstIca, stn.tion ,a a ~ ~ ., " 50
may 80" ~ variant iu'iu'