The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1899-11-18
Cotton Market Ruled Steady and Closed al
90 Advance.
WEEKLY INTO SIGHT FIGURES WERE SMALL
sent Prices up--Dehcit in Port Re-
cc,pfs--Expectcd Increase in Move
ment Did Not Mnterialize.
American futures 2 to 8 points mp.
spots quiet and unchanged.
Liverpool higher.

Honston. Friday. November N.

Houston, trluhy. E>oNcihpci 80
There was not great deal OF speculative
trading in cotton today and as result the
markets ruled steady, closing at an advance
New York closed points higher than yes
tcrday and New Orleans was TO ) points up.
The Liverpool market was good one. fu-
lures there closing 3s4d above yesterday
Spots were quiet and generally unchanged
and the sales reported were small An In
crease in the demand. 1t is thought, VIII
BE- the forerunner of higher prices.
New Orleans, following New York's ex-
ample of yesterday, revised spot prices today
BY adding 1-16c TO lower grades.
Tho weekly into sight statement was con-
slderably smaller than was expected and
had the effect of advancing futures, which
opened firm at small advance, but later
weakened on Liverpool and New Orleans
selling. Tho statement showed only Ssi.5ii
FOR the week against 65a last year and
1856 Az for 1857. when the crop was only
S.757s64 bales,
Port receipts for segenty-seven days this
season are 2,523,i7o against Sis4.517 FOR the
same period last year AT this rate the de
nolt will soon roaoh L million. the figures at
present being 9n0i7
Local receipts are holding up very well.
but there is nothing in the situation which
points to the largely Increased movement OK
pected last week when prices went up TO the
top notch, II really appears that most II
not ALL OF the cotton sold then has already
figured in the movement Those who he
leve that tho staple is being held feel tho
ground slowly slipping from under them and
there are many deserters to the other side
Today's local receipts were ls.54s against
1896 yesterday. Tho estimate for tomor-
row Is from 1880 TO 1900 bales as compared
with 2o404 last year and 1919 in 1897
Wagon receipts 30 far this season are un-
usually large, the figures up to date being
e22s bales.
New Orleans expects TO receive from 5000
to II ep0 bales tomorrow The figures for
1898 were i5oa6 and Tor the previous year
1904.
The Liverpool weekly statement showed
STOCK ahoat this week OF aiO O0o bales as
compared with $4,000 last year This may
or may not he regarded as affecting the crop
situation. according 10 whether one Is n
bull or bear. Time will tell.
Considerable interest and some amusement
excited on the local exchange today by
the appearance on the bulletin board of a
photograph, taken In 1895, OF several mem
bers of tho exchange In front OF the New
Orleans board. which the last quotation
for March was 1856 Underneath the photo
graph was written: "See what we are com
ing to. March cotton in New Orleans nov
40"
January IN New York today onened nj
7.m-se and closed point higber after solllna
high at TS5 and low at '3o. TIT opening OF
March WIG Z gg-t6 and fha close 25-3G TN,
high and low selling hcirg done at , 81 and
~
1"N''e'S - -" ''''""a "''"s4 "' So '''
s"ip n'sN a. ''V'' 10" AT 80 INA ''o''d ~
''''''
Here IL fair. Characteristics buIi crpp-
rnent; Assuming tb,.. tho cotton CROP turns
out AS much AS y5oi .0i b,i,. tbs ma ,.r,,,,,
,a,t,,,st, d., ,t, .,i-,,i,,...t ,,..,,,...,., i'd,
- h,,, 49,. -, 49, ,',,
70 see ~" 'he 9Npp! VIII inquire OUT me
vis.oiH supply VI American cotton epton-
her B., 1895, Was l,s6.. ooi bales. aad this crop,
s5MLtGi a total sttuplv ol ii gt3 Nj
Ellison states that inc ,nn.ilntutlou uf Amer
lean cotton the pust season WIS iuG71 olu
which wo,uh leaye only 7s5gGt bales ns tha
visible supply al the end OF ms season TINS
is "A smaller visible SUNNY Than ian any vr,r
4 noe 1SSS Thc MIN ~ riddI{no rat;,o.S -,
New YorI, aid not 20 hota,, ot.c ,,,rine ,sn
year 1888 s Wv
The estimate of ihia v4prie communication,
the same ms iast wear he Ccrtatuiv ronss,vs
live when we repierrher mn ,t, ,vorid's In
crease in snindIes IL nyar = f06 oon ,rd MT
the India crop n short which Viii mike 90, n
proatsr d.n,aDd a., Au,,~i 800 w. mani r "
80, u,aiS sua 'Vr Auiell'"n Couoh. Iho
sIs,ss ,hst q, I'm is IN uue SnrohiSie,
,erv s,,,aI, 10 tnu Pie'Hl,lE opinlon mat
acca,y, ~ ~ ~ IN w nau IVY year, on
" '''o u"''s poVFe"S'ns MIC
Now yorL oa,.;.as d,n,,,, a.. -
aph
even offering Me- mas se.tnS heaylly'
- '"'o io'S
cargill & Richardson say OF cotton; Tho
failure Of the movement to assume large
proportions as was generally expected last
week, Is having its effect upon the cotton
market though speculation is insufficient 10
cause any decided Improvement Liverpool
SEM good market early, deliveries 3-6id
n,isner ,nan Yesterday, spots 5000, but eased
opened o,,its arm w h's siiss, onr markets
soon began to weaken under selling fro,n
Liverpool and New Orleans advancing later
.. on we weekly INTO sight which was smaller
ian .hpec,eo. fort receipts were 1900 less
man Tue same hay last year estimates at
iieus.oh ana New Orleans $1,000 against a.
w. memphis and Augusta got 1916 against
1850. We are now $4,000 bales behind last
year. Our advioes from the interior indi-
sate mat about. all the cotton recently sold
has been or 70 being moved, and that few
days more will fnd us receiving less cotton
than at any time this season Receipts by
wagon in the interior have fallen on some