The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1899-12-21
COTTON IS HIGHER.
Nearly All Of Mondays Loss Has Been
Resained.
SPOT SITUATION IS STRONG.
A Fake Message Caused q Furry In
Futures.
HOUSTON SPOTS SHOW AN ADVANCE.
All statistics Very Buiiish, Thonsh
the Market Is shii I'm Ner-
vous Condition.
SPOT SITUATION IS STRONG.
HOUSTON SPOTS SHOW AN ADVANCE.
Office OF Tic POST,
IIo,s ton "Wednesday December ~

tendency Is stronsy up"diu auN - .ooo-tsa
IL has recovered nearly d" t'S 1T, Th.
during Mondays nn'ne'ai -, s,s.
strength Of the spot market - tne - .,on,
tanning feature ana pieNsn'p a
recession OIL specuia'', ... a. ,ood
Liverpool TINS nof,ips IA 80 ytsl.d
as the most sansuihe pu,' 800 .a,,ano, o.s,d
lnat narhet was o ~, ,.o near positions
but she marked UP an 'no - -,Ir
4-oi1' ana the "'S'ans 'Ao NO.. ,.ro,o, mar
OF 2H5bio suen !" .,,o,,,as,
ket naturally gave tne 49, =, aa,.anc.
rnent. ana inc oulis n't 49, Sou yotl,
prices on ms sne no,,,s in a
and Ne" orleans sa'u'" ,,.arcd IN
very snort tfhe' Hhu w
be htnl anu N'ef's 49,, ,,,,r IN,
little sn'hihs-up N'''' 80. .o,, tbe
room call however .,,-,ri,I,
news hYlnE W. This ,ar,-
han eurrNnpstFp t...e-at,. IN tho
"ouio hussn a., 49, u,settlsa
hheusu' an" taor TINE
Na'ues Nuioau -, ana oes soon
II was MI esnard' h"Ns'''' Su' e..
- ..o.,,a,, ,o,nd he made and
before the correetioh '''' -,
IN lfss thsn ,eh tniiS' s.,,,a,r q,
hao summed W ppih'a, .i7 o.,o,ns
going to e''s, AROUND 'no ~" -. go,
was great deel OF oul ink' ''.i
NV' ~ o,..,a- , rho -to.o IN ,:cF
low the hisnest Of me u"s h' '''"'
York was OF ~ atter Sel'U's as
132 In New orleans M"ion O'''''
az selling ms high as '.i' '''
session' ana as 10" an o''o ''7
ward shoot
the action OF 'ne haiA'l toun'
that values are not yet on nfln "'s'9 Wv.
are lSe'N ~ oe sup'eN' ~ Y''oN'
one way VI -, :, -, Ia an
The statistical pos'',on 81 coe.on st.
strong how"er anu tpe ueinan' ~. "
STAPLE so active tnat " seems 'i'pVos,o'
kesp values dhwn' rms 10 eSpee,",D ~"
CASE when futures arc IN suon ,''', ,'s
position. selling lar below spots no na,vn
delivery IN New orie""s 10 'o""s :, 49,
below Houston spet t"ot".iOus, -
that option should DO at least % po'''' ~
immediate deliveries IN 'ns ns'"eS
o'"'' Wa,, orleans and perhaps 80
,,o,,,s zoo INV in New York IL normal condi-
-, ,,ra,ail,d
49,. .,s,nir,nr feature Of the mar
aaoa a. That "a the fact that 1t is
Ne' ""a "''Nu -, ,,,,,n,,ors ot Hons
very easy to oo'"'u 'rot 1"V 49, H. ',,i, do.
i. cents and holders have refused
-. m ma re,snt decline In
TO shaue pE'0os y" -"
futures.
The daily story Of receipts IS exceedingly
49, ,,o,,cr % mako one wonder
eu'i's"' an" ooo eon ho,c cron IA 10 be
where even e,Wouop pare crop - ~ y"
,oupd The ports today only uad 10000
- ,,io, "A on last yoar and So 600 In
odies' as"'ust ','Vuv a.i,. ,,,,on,ont
1895. Tho seml'"ceN'F 'ute''p' "'''V"S''
was likewise bullsh. and thc amount % no
v 49,, irht mis- ,ycek promises to
oIousnt NV "'hn' .....,l ..,th
show Il startnhs uetr'Hse 40 t'hi'"'' Wv W."
previous years
rb, ,,nornt az cotton eypeeted at New or
~ "' - -, or, ,,oo ,n
leans tomorrow is very small ohW 'S" %
450o hales as compared with 1886 last year
aud 1aSSs in 1896. Houston expects $500 10
90 - 49,, $50. A.. a, tsoS
t'oc against l"i-' OH 'no S'"'e "H' ~
SPOT prices we're advanced ~ Se'e'al
southern markets today. including gain
=. t,a,,.,o, ,,d Nov orlaans Local
o' i-lec az houston '"" N'" " 's' ,, os,
quotations are now Iust Whe'e 'ieS "V''
p''''' ''"'"'
/. e. Glenny 4 Co of New Orleans write
under date of December To-
rhA upsettlrd condition Of the financial
n,rla nbicb IN a sreat extcnt has been
brought about by tho moral ehe9t OF we
Blush reverses and an the attendant evils
that follow in the train OF sueh influences,
are poWttlul lbVtOis ph NO''""' 40 ~ 70
on stocks and bouds, and yesterday s~seml,
panic proved the desirnoi''ty OF caution ana
Toe ACCESSIBILITY of liberal marslning, Marrh
closes at Io2@1 ,o5 today. after touching FOR
moment ga yesterday, at which figure
larse lines were unloaded and absorbed, ana.
as IS usually the case, the best marsined
IL actual cotton remains Arm and IL the
Indications Of continued moderate meSems ,1
a. no 70 in favor Of COTTON su, recent deyeI-
opments have been too serious not 10 cause
4 repetition Of considerable fear whenever
the market takes some unexpected down.
t,un, We take this occasion to advise more
ptronely than We have done vet that our
tstnds keep themselves we'll In lire aud
take frequent fronts With the idea Of re-
dncius holdings and replacing on the per.
haps rare but excellent opportunities which
further seares may present; The market u
decidedly unsettled aud could be temporaf lily
bIolvn again. There will be fluctuations
and In the long run. such plan presents
oliorlri tiles for preht ami entails less risk