The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1899-04-09
IN THE COTTON MARKETS
Statistical Information from the Leading
Exchanges Of the United States
TRANSACTIONS WERE on AIIMHED SCALE
A slight Decline IN New York and
New Orleans Fntures--Ne Change
I'm Spot Prices.
Office Of The Post.
Houston. Saturday. April 6.


So far as transactions were concerned
today's session was nat There is no out
side speculation and the professional cle-
ment is playing n waiting game. Tho bulls
are by no means aggressive. though they
have hopes later on. The outsiders are
all bulls. The common expression is:
when Is the right time to get In and
buy cottons" Crop prospects are mixed.
but on the whole are not encouraging. as
the season is backward and the weather
is too cold.
peculiar feature Is that while the into
sight is below last year stocks are In ex-
cess, indicating falling OFF In demand,
due partly TO the fact that 80 much unde-
sirable cotton is Offering, much OF II OF
All tho spot markets closed unchanged.
Futures In Liverpool are up about half
LEA. New York closed 1 to 8 and New
Orleans / to points lower.
Receipts at ports were II ,10i against
1906 last year and 1884 in 1895,
Houston expects on Monday 1890 to 1900.
against 1929 last year and a634 in 1895.
New Orleans expects $500 to $500, against
eoi5 last year aud oslo In 1895,
Cargll & Richardson say of cotton,
The cotton markets continue their ex-
treme dullness with Liverpool still the
only place where the bulls can find con-
ISOLATION. That market holds remarkably
steady, todays prices being iS-64th higher
In New York and Nsy Orleans little
easiness was seen under covering over
Sunday longs. especially In the fall
months. The movement was little
heavier than expected, but the only points
showing much excess over last year were
Memphis and Augusta, which reported
260S, against 1928 last year. The visible
supply for the week shows decrease OF
1S0 600 bales We now have 462.00 bales
In excess OF last year and 4l.000 less than
the same time IN 1895. The weather is re-
ported clear and cool over the entire belt,
There Ia considerable stress being laid
upon the late planting reason, and feel
ing OF bullishness prevails In consequence.
Undoubtedly all the territory outside of
Texas Is SO late that Il will be almost Inn
possible to get start which Will promise
more than medium crop. and while
Texas is also late, the ground is now IN
splendid condition and rapid progress Will
be made. Flowing and seeding is making
| fine progress The future course OF the
market depends almost entirely on the
weather, and II is only natural to expect
that the whole Southland will from now
on enjoy April weather,
New York April SIS. Mum, Sons Co,
say OF cotton: Today's shor; session was a
repetition In character and tone OF the entire
Week--narrow. fea,ureless and waiting, Gables
and buying by Liverpool helped to steady the
Z
ans closed practically unchanged from the
opening. Liverpool shorts are again covering
their near positions and selling late months
against them Owing to the absence OF out
side speculation and depression In the stock
n arket, we look for a narrow, quiet markc,
for the near futures, with more or leBs buy
! ing Of tho late crop months on any depression
rs they are Offering the best opportunities for
| investment