The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1899-01-14

ytRYILrnf CHANGE n CONTRACT PRICES
me into sieht showed = decrease
ana che Port Movement wa~ ldeht.
NJ change in spots.
once Of ina Post.

The tnto-sisht showed 4 telling off which
wss satisfactory TO the bulls. and tho outlook
fof next weeks movement Is not very large.
Nevertheless the bears succeeded in prevent
inG any advance. The bulls contend that the
acreage will BE- reduced At planting time and
point to the good business done by spiuuers,
some Of the Manchester mills reporting 4
proft Of q per cent lsstyear ana with busi-
ness In sight to keep them engaged for months
70 come The bear contingent lay stress on
fair weather and claim that when the roads
dry up the movement will be again lorge.
Reports. however. OF those who havA Travelled
over the cotton belt arc TO the effect that
the bulk OF the crop hns already been mar
keted and but little now romans TO come
forward. f.
Futures In Liverpool were at one time i-sld
down. but before the close recovered. closing
M-64d on.
Now York closed point down 10 . UP ana
New Orleans unchanged to up.
All spots arc unchanged. Prices in LIVER
pool arc In favor. Of buyers
Port receipts were 1890. against 5000 last
year and 1921 in 1896
Houston expects tomorrow $500 TO 500.
against 7a& last year and 5ssa In 1895.
New orleans expects 1900 to 1900. against
II ,4So last year and 1o.S19 in 1926.
Cargii a Richardson of Houston say:
Liverpool somewhat OF u disappoint-
nent this morning, tho carly market there
showing nearly Ltd decline. but prices
Rrmed some before tho close. which was only
shade lower than last night. Sales on the
spot amounted to 1900. our markets seemed
disposed TO advance during the first part of
tie session the light movement and shorts
covering, although Liverpool was again tree
celier 10 New York The bnyins power was a
latter part of the day AMI Lrices saRsed
little. As yet there appears 20 he nc demand
for spots, TO ccuntcract which the interior
Is not offering much. Tho weather continues
unsettled, ana for the present IL hardly looks
,robe bic that the bears will attempt any
great amount of hainmerine. Lei rs are dis
posed to cover on the little advances and some
lew are taking the short side but the mar
Ret can undoubtedly be called nm over bought
one. and il will take continued buying TO
advance prices materially.
The amount coming into sight for the week
was o4e,981, against 342,iss last year. This
and Vt had no noticeable effect upon prices.
We are now $4,000 ahead OF last year. To-
days port receipts and estimates for tomor-
row werc about the same last year. Looks
as though prices have struck a level for tho
time being and some now features will be
necessary to give us decided change either
way
3. ", Hunter & Co. say OF todas's cotton
market:
Liverpool vas about as expected this morn
ing. coming 1-s4d lower but recovering "
point Spot sales were again large at well
sustained prices. Our markets opened rather
stiff at 2 points advance aud further inn
proved under scattered buying. New York
getting points above last night, while Now
Orleans was points up. There was point
or two recession when tho estimates for to
morrow were postponed, New Orleans ex-
Ds a.se o ta Sse ssn hs tho
week last year and 25o0o bales under est !
mates made early In the week Prices ad-
70 se to svS at
bed for the present and the advance did not
hold, prices easing of and closing about the
talk OF heavy receipts qiext week contributed
10 the late easiness in the market. There Ia
talk Of reduced acreage for next
season and reduction OF Is 70 % per cent
seems to be generally expected. We think
/. is little carly for this kind OF talk ana
We consider II bearish feature that the bulls
in the market should feel the need Of this
reduced acreage talk at so early date. Un-
lcss better buying demand springs IN, there
will ne no further advance ipst rev. ana u (
run along about the same az last year inc
bulls will have world OF cotton TO take az
tse 'nye! a. wbSeh A. tonishs closing
prices reaction OF 10 to Is points seems
10 us more than likely, and IL will be wei
C0me0
which will be filled on such break, which /
will not come in at advancing prices.
w II. Batehrller e. Co. OF New Orleans say
Wet weather prevails over almost the en-
Hire belt. and the gathering of that part Of
the crop remaining in the Geld will be fur
Their delayed. as will also Tho movement to
Interior towns on account of bad roads. but
In this connection some Of the confident bulls
arc very anxious to sec dry weather as they !
~ould like 10 ascertain definitely whether the |
liaht movement Ia caused altogether hy bad
roads, or partially by exhaustion ut interior
points This is the pctnt nov interesting |
speculators on both sidcs. and until the cause
OF the recent light movement la definitely /
known there Ia not, likely 10 br my vrr, /
treat interest accumulated on either side. |
but The fact remains that the market responds !
very freely 10 favorable influences wblle 1t
Il hard matter 10 bring about any reaction
Dry Goods.
Nov York january 10 The aggregate de-
4 ard for cotton goods has been up TO the
average Of The previous dnys Of thu week, n
spi,e Of lad weather conditions interfering |
With spot tra3nE Heavy brown cottons arc
neuIr,st buyers. with feir demand for eN /
port agaip q, ident Blasrhsd cottops strong !
ana higher, prints strong, with hrin de- I
maud, eingbams arm but quiet; print cloths
0lla mems wear wooens unsettled.