The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1899-11-28
Home Futures 5 to 5 Points Higher Than
Fridays Figures.
DEMAND FOR SPOTS EAsFD OFF SOMEWHAT
Prices Were ACKNOWLEDGEMENTS He
vised auctations-Both Liver
pool Markets Up.
Futures 3 to 8 points up.
spots 1-Sc up.
Liverpool 2-64d higher.
Office OF The Post.


Of the day on good Liverpool cables this
morning. and would probably have gone high
err had II not been for the fact that the do,
nsnd for spots eased OFF somewhat in tho
fscs OF heavier selling. AS 1t was. New York
closed at an advance OF BOA points and New
Orleans was to points higher than Friday.
In view OF the fact that Liverpool has had
two markets since the last over here, ow-
ing to the holiday on Saturday, unusual in
terest was manifested in the condition of
affairs on the other side this morning. The
close was at an advance OF lid but the
market was English points higher than
that during the day as result it Ia said.
o. buying by both bulls and bears and the
circulation Of rumors to the effect that two
or three large bear houses in New Orleans
had failed and that their Liverpool brokers
were buviuE IN their short contracts. This
dental OF these rumors brought the market
down TO the closing figures The situation
presented there during the day, with both
bulls and hears buying, and bulls using bear
tactics in Influencing values, seems to have
heeu peculiar one Liverpool spots were in
fair demand and at prices i-32d higher than
those Of SATURDAY. 900 bales, of which 1900
ware American, were sold.
in limo with the general advance all around
snots on this side auto naturally went M.
Houston prices were revised ~ adding &c
to low middlinE and all Grades under it.
while New York. New orleeus and Galveston
we're e1ch Lice higher Straight. Houston
prices ara now Lie hisher than those in Gal
weston. but 1.l6c under New orleans. Spot
sales were considerably larger than usual. as
the figures will show
The situation is working around 10 point
where something decisive may be expected
Pcr some time TO come comparisons OF receipts
VIII be made with unusually large figures
representine the big movements Of last year
ard 1897. which viii moro than likely appear
even bigger II reports from the country are
correct During last December some IS. 90
bales per day. or 2.il7 l52 for the month. we're
brought into sight
The crisis is being anproa,aed slowly. hut
the end must come at last The domand for
spots on tho other side Is gradually iucreas.
Ing and the situation abroad is. to saw the
least. suggestive one As The Post has
already pointed cut. tho European spinners
have been huyinr only such small lots as
are needed for immediate consumpton claim
ing. among other things. that prices in the
South arc TOO far above I.lvsrpool.s narltv
aud as result stocks ara running low
Figuring on a basis of the nrescnt American
takinps the fore,pnera ca, not last monv
weeks longer without increasing their MIR
chases When tho time comes they viii lind
that their game of blum has not been howl
lux success and TINT prices then VIII be
hlsneF man now.
Very free sales of spots were made in the
fPNaS interior today although the demand
was not what 1t was expected to be- In view
OF existing conditions. Reports from the
country are to the effect that in most Sec
tons very little cotton is in the hands Of
the farmer. and that mucn OF what there
Is viii be held for still higher prices
me movement continues 10 be very small. /
comparatively speaking Receipts at all ports
today were Il. GSS against 81 l49 last wear and
~ oac ID, ,eo7 -, -, ]
'y''-9 ~ i'',' '-U''' 'eee'P'' N'ro oniY lu'ust
as compared with 1913 on saturday. The |
estimate for tomorrow is IRON 20 500 to %, 900.
-. a. no. H., ,e,. ~, ,a- -
asa'H'' -''-' ~ 1858 ana - fo' III le''' Ne"
Orleans expects ll,0o0 to 12,0o0 bales against |
1859 last year and 81 596 the year before
~" Urn op'iou "t ''os-'''
sold nigh at TO- low at 7.49, and closed at
T.54-jd. The opening ON March was r ss-si
and tho ctoso Ks ,bo b,oh and 49, -,
az" NV o'oSo ''''-o0, inc HlRh ana 10" sell
ihg oeihe done AT ioi ana i."3 respectively.
March in New Orleans opened at 7.SS-3Q
and riossd n 3t-gl aIinr uciIino hi,h 81
~ '' 49, ''"@ N"En at
''V anu 10" NJ ''d@'
All markets viii observe the THANKSGIVING
holiday next Tbursdov
Tue following letter vns recoived today hr
carru, G. ptat.,,.e -. -, :. - ~
VA SIN " hlcuaiuso" from Tue H. H. lailcy
company OF Taylor under date of the 18th in
slant:
,,..,o ,...,-, =, .. -,
h,n ~ as'e, n,s VI oo'tou tue paS' Two Gays
nave been nothing owing TO the rain and
bad roads.
There arc some scattering lots left In the
courtrv ya, M, nc -, =, ~.
80 '"s 'He ihost Oh " 70 heiu AZ
nc 10 90 ana may not come into the market
LOT long time unless this price is realized.
ne advance OF about two weeks ago drew
Out very large percentage OF what was held
ana most all merchants sold all they had aud
az amounts then in sight and such came
INTO sight on that market has been moving
az fast as possible ever since. The COM
press has been running day and part OF the
nisnt al the time W 10 yesterday, when the
ran commenced They have moved a very
lsise part OF this cotton, an Of which, we
days the press will he up aid stocks will be
rn,r NJ ~ ,ns s ma a nolas az about what II is
hut there viii be no rush 81 tn. stnff 30 tSass
was on the last squirt II the rush OF the
COLON reported on the last advance and the
an