The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1899-01-04
IN THE COTTON MARKETS
Markets ON THIS SIDE ARE THE LEADERS.
liverpool slow to Respond 10 the
Buliish Feeling In New York.
Little Change In Prices.
ONCE Of The Post,

Houston, Tuesday, January 8.
II begins TO look as though the American
markets would have to drag Liverpool alont
instead Of the latter market being the leader
| OF late nearly every advance has started or
this side and Liverpool has reluctantly fol
| lowed.
With everything ess on the boom, and Will
many spectators inclined to drop out Of
stocks. there is probability that strong mer
/ will soon invest In cotton, and, regardless 81
statistics or anything else, force prices up .
few Dotches, anyway
| Liverpool was 1-6id down at the close today,
and after fuctiatng within or $ pofnt
| range the American markets closed with little
| change, New York being Unchanged to points
off and New Orleans point down to up. 4
Houston spots closed 1-16c down; tho other
markets unchanged.
The stock at ports is now less than 1i.ooo in
Receipts at ports were $685. against 1896
las: year and 81, 766 In 1895. 80
Houston expects tomorrow 5000 to 3Io0.
New Orleans expects 1900 TO $4,000, against
1888 last year and 1896 In 1895.
Cargill 6 Richardson say of cotton The
Liverpool cotton market was a bearlsh one
this morning. Prices there were due to be
y
decline OF 1-sid was recorded. Spot; takings
tected after the holidays New York ignored
Liverpool, and after rather easy opening adj
vanced under Wall street buying. when
storIed on the advance, selling by Liverpool
aud Rail- causing prices to ease. The accumu-
lti.cns of receipts over the holidays are not
large. the ports getting little less than the
tomorrow, however. were 1000 bales. larger
than last year. Spot buyers report European
business at standstil and interior offerings
mains practically unchanged Wall street and
the East and North continue to add to their
lines. while Liverpool is the heaviest seller.
York from Liverpool is about 1000. 900 bales.
Much OF this Is against purchases at home. We
are great believers In American ability TO ao-
put cotton up. simply because that is what
tneS nave been doing with every other COM
mocity listed In this country Statistcally an
ADVANCE in cotton is unwarranted, but specu-
iation can accomplish what seems unlikely.
B. w. Hunter Co. say of today's cotton |
market: The merry war continues, and. not
outstanding an easier spot market and
closing decline Of 1-s4d in Liverpool. our mar (
kets. after opening to 2 points down quickly
advanced Alto points The bulls in New
ent prices. and are daily getting more and
more disposed to become aggressive and give :.
an exhibition Of their strength, of which they
seem TO nave plenty in reserve. With the
single exception Of the activity in the dry
goods business and the prosperous trade being
nene ~ both European and American spin
ners the conditions surrounding cotton are
altogether bearish, even when the low price is
so :, but markets outside of cotton have
this element which is now sc heavily long of
cotton has so much money, strength and con-
heenoe. that success in advancing prices when
Iteauy g ems certain. The edict has gone forth
hat 1879 is to BIO a hig bull year, and that tho
south will very soon begin 10 share n. the
,rosperity by decided advance in cotton 1t
8 nov the season of the year when the weight
y spci cotton Is entirely removed from ths
Mture markets and bull manipulation is easy.
, nen, 100. reduced acreage will soon be
'uonE card in the hands of the bulls ms will |
'iso be the progress of planting the new Gro
New Orleans, January 3.-Secretary Testers +
Stw Orleans cotton exchange statement is
oed today covers the monthly movement to
december 81 Compared with last year tho
iofth is ahead, In round figures 1873, 900 bales 4
ne totai Tor December was 2,1S3, sO6, against
''es'44p last year The amount brought into
lkDt Tor the four months from September /
december 81, inclusive. shows an increase
s1''voo over last year. The movement from A
eptemper to December 81 shows receipts c
sinst $3.50. 2IS last year '''' =
~ \. oSeriaha movement by railways across n
le MISSISSIPPI Ohio and Potomac rivers IN y
~ against 6S2, S6o last year: Southern mill ~
lfings. exclusive of quantity consumed Mt r.
cuthern ontports, sol 0S7 against 4Ss. 3oS last q
'ai interior stocks in excess of those held u
tne commencement OF the season 625 og, VI
'nthat ebo,0s9 last year. These make ths "
"a, amount OF the cotton crop brought jnfo ~
~. curing the four months ending Deoen,e a
= u, oi9s. against T. ly6 $50 last VEN 10
a Noorttefh spinners took during Dsoen,b.r 70 &c
IVY bnlcs against 3s2.SSS last year, incros,,.
Z ther total for the four months 10 l. alS i,s ~
,ali'st l.t,63sS last year. This makes thtir NJ
et sl weekly inkings thus far for the sea. nc
!, os.sue, against 1924 last year y.
rortien exports for the first four ,non,hs NJ
we Teen 4,ls4,629 bales, showing nm incpe,ss M
sr last season OF 1858 The gain in for ",
~ eNports during December, compared viii NJ
..ehiner last yenf, has been lSe SIS ~ On
I ,ocks at the senboard and the tweuty nina re
'uIhR southern Interior markets at the clos. ~
december we're 2076.s0S, against Isss JSS SaI
g same date last year '''o''i'e Sci
Including ports and interior towns ,a,, Sir
~, ~, inc previous season and the number ~ Sta
,ss OF the current crop brousht into sirbi "a.
= l,ng the Tour months. the SUNNY has -, WI
y9 =, against i.ilsos7 last year. '.en VIC
~ 10 this date last year 60 is per ran, -, a,
..uh crop mad been marketed, and for In u
crop Drought into sight was i3s. VI ~