The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1899-04-26
IN THE COTTON MARKETS
Statistical information Of the Leading tx
changes Of the United States.
SPECULATION ALMOST At A STANDSTllL
A. the Close Future Quotations
Showed Very little Change from
the Preceding Day.
Office Of Tn. Pest, !.

Office OF Tbs Pest,
Houston Tuesday. April 20.
Todsys market was devoid of feature or
Interest The weather was favorable and no
bad reports came from the fields. After some
liquidation in the early trading, little buy
ing movement set In. Il was Of short dnra-
ton, tut was sufficient 10 steady prices. The
tail-end movemon. still keeps MP higher than
expected, but Is by no means excessive II
reports OF activity at manufacturing centers
nro to be credited
There was no change in spot quotations aud
the tone was steady Galveston will close to-
morrow Decoration Day
Futures IN Liverrool are down ize4d Oh the
day
Futures IN Now York opened unchanged 10
points off. hut rallied and closed with De
cember and March point off and other
months unchanged
New Orleans futures opened at a decline of
to points but on buying soon reacted. The
close was unchanged to point up on the far
months
Receipts at ports were 1853 against 1881
last year and 1859 in 1895.
Houston expects $50 to $50 bales tomorrow.
against 1l12 last year and ISL in 1895.
New Orleans expects 5000 to $780, against 2l5O
last year and 2t1l in 1895.
cargill & Richardson say Of today's mar
ket: Liquidation was again the order in the
cotton markets this morning, May being Of
feed freely, selling around the opening 16
points under August in New York, The pres
sure eased after tho first few minutes and a
rule hardening hui las
utns were steady at points above the lowest
ard below the highest. Liverpool which
mas been ignored, continues quite steady,
closing today unchanged to Ltd lower than
yesterday. with 5000 sold on the spot This
market is now so points over New York or
a, larger differences than at any time this
season. The weekly summary OF the govern
nient crop report is as follows: Cotton
planting is now general over the northern
portion of the cotton region, excepting Okla
homa and Northern Texas, where 1t has been
delayed by wet weather, and is well advanced
in central portions. In South Texas it ls com
Ing up to good stands excepting in localities.
Scarcity of seed is reported from Georgia and
Louisiana. The weather map was almost a
perfect one; light rains In some sections of the
Atlantic States. The movement continues lib
eral at nearly all points.
Now that liquidation of May cotton Is ap-
parently we'll over, it is only reasonable TO
expect some Improvement, but the character
OF the trade in the markets leads us to believe
that large long interest exists and without
some mishapNto the crop prices will be ad-
vsnced but slowly II at all Cotton is GER
tainly low for this season of the year. ana
airy decided change should be toward higher
prices but the cheap theory is a bad one as
hos heen so well illustrated during the past
two years.
New York. April 25.-s Mum. Son Co.
say of cotton In sympathy with lower Liver
pool, the market opened at / to points de-
cline, but covering by shorts and some South
c'6 and investment buying shortly after the
orening advanced prices to points, but it
eased on from lack OF support. and, under
further liquidation In near months, clos d
barely steady. unchanged from the opening.
Conservative people on the exchange claim
that. after tomorrow. when the pressure
caused by liquidation in May will be re-
moved. prices should advance.
Weather accounts continue OF a very salts
factory nature, while complaints OF backward
preparations. poor seed and scarcity of means
to raise the crop are very general.
New York Cotton Market.
New York, April 25,The cotton market
opened steady in tone, with prices unchanged
TO points lower the latter being in the near
honths. under slight realizing. AS the fore
noon progressed, shorts became apprehensive,
following estimates for smaller movement at
hcth the ports and interior towns tomorrow,
ald bought vigorously, which with buyipg
orders from Wall street, Philadelphia New.
orleans and Liverpool. sent prices sharly up
~ard. the bull crowd. however, making little
show of holiness, being deferred from nress
ing their advantage by more satisfactory crop
news than has been received thus far this
season and by reports from Washington OF
iteal climatic conditions from Texas TO the
Atlantic coast. Then, too. public and private
diSt atches regarding spot markets were of a
oisparaging tenor. rejecting apathy among
foreign and domestic BUYERS and less con
y nj ha al o..