The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1899-05-11
in THE CO1fON MARKETS
Statistical information Of the Leading Ex.
chanesyOf the United States.
THE MAREf DECIDEDLY UNSATISFACTORY
IN spte Of Bullish Burenu md
sale of Twenty Thousand Bales
Liverpool Prices Declined.
Office Of The Post,
Houston. "Wednesday, May 10

bday's market was decidedly disappoint-
H. The bureau report which had been s.
tperly waited Tor was published and on the
whole It was fullish. showing indications Of a
decided decease in acreage and falling Of
in the sal OF fertilizers in the Atlantic
states FIR several days the trade has bsen
discounug the report. but 1t is not apparent
on the fe OF the transactions that the dis
count VS. more than iustifed The report ia
Sbssed estimates up to the list of May and
statesaat II Goes not give any accurate idea
of thsactual acreage reduction, promising to
give lore specific figures in the June report.
Awhemore Will be known.
/NT railroad authorities, who are close OBJ.
Iefars. say that In Texas there is a very ma
teal reduction in cotton acreage from Cor
spna north. In Central Texas there is very
lue change from last year. while In South
eXas there Is an increase by new land being
Iousht under cultivation. Thu best posted
nien say that in Texas there is very little ii
any reduction taking the State as whole
SPECTATORS fail to see where there was any
reason for decline. particularly as SALES la
Liverpool were ZUUOg, a ngufe seldom rea, neu
This makes Liverpool saics so far for the
week $1,000 bales
REPORTS from all spinning centers are OF ex-
ce,leAt tenor and strength iuBtead OF which
weakness should be seen point az inst tho
market is the heavy movement for this time
OF the year. Port receipts today were II 2Oy
against 4oi2 last year and 4l9j in 1885.
Futures in Liverpool are laGpl-J4tn off New
ORR opened a point OIL to point UP. bul
AFTER the bureau report was issued sagged OF
Closing at a net loss OF TO points
New orleans followed New York's course
than yesterday.
Houtton expects 200 to go tomorrow agsins,
ll5 last year and $50 In 1895
New Orleans expects 1860 to 1900 against lS4
last year and 200 in 1886
A. j, r. Landauer d Co. OF Liverpool under
GATE OF Aprii 20 write as follows:
Inc oackwardness Of the crop is alluded to
py every ono or our correspondents, tue late
ness being estimated at from ten days to
-FOUR weeks, according TO locality At the
time our mail news Left tins South no CO..
ton mad been planted in tle northern belt
very httle IN the central portion. and about
% per cent in the south-'the latter comlrs-
ing chiefly hill lands--while alluvlal ground
borderins the NJ lsslssippf had sea Cely beel
touchen In most cases complaints ara ch e.
~ OF 100 much ram in the Atlantic States
ana In the Mississippi valley O. 81 OF the rive.
several OF our CORES pondents mention that
mere IL s.atcity OF seed 10 certain local.
yes. ana others referring 10 the same sub
leet express ptehenson Ia regard 70 oe-
ltptiNe SEED Tor planting purposes. A de-
crease ~ the use OF fertilizers compared
WIN last season IS general. with the posi-
nle execution Of North Carolina VIII la in
Georgla South Carolina. Alarama aystnres
vary nom 10 II - per cent; but our return
IOW other sources give average OF 49,
per cent decrease. AS to acreage 10 all prob-
ability slight decrease In Texas would have
occurred but for the fact that in soma coun-
" 4 great deal Of the small grain land,
especially these planted In oats, have been
partial failure and may be turned into
cotton There is some increase reported 10
ihelan territory. In the Atlantic States Ala
hAma. Louisiana, Mississippi and Tenaest &c
however we shall have to face decreaye
but to be more positive on this point IL would
ne ADVISABLE 10 wait few weeks before Civ
ing more substantial Information m tha,
SUBJECT meanwhile the estimate as below wili
rot be far from actual result. From most
beauties we learn that the ground beine
7 tarded Though the rivers in the Sou N
Continue very high. there is now less appro-
nenston OF overfiows but the danger OF such
occurring later on has by no mean pnsss5
Our cable advces dated the 9th instant ntt
cate that though crop reports are soreNha,
more favorable. yet the crop Is backward.
ana reduction in acreage is confirmed.