The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1899-07-01
=
Sl1lIlled lEisfmstlsn Of the Leading fx
Is eksnles d he United States.
VIOLATIONS WERE BARELY CHANGED
New orleans spots Up Lice, Others
ljnchanGe d--Cptton Exchanges to
S Close July 3 and a.
Once Of The Post.
Houston. Friday. june so.

Office of The Post.
Houston. Friday. June 80.
There was nothing startling In the cotton
markets today. Futures at New York and
New Orleans ranged within radius OF to
points ana closed with but little change from
Yesterday There has been no new devel-
opments in crop conditions and the bear ele-
ment IS anxIouslv awaiting the new CROP
movement to begin.
spo, markets we're UNCHANGED except New
orleans which advanced 1-16c. sales $500
bales: Houston and Galveston closed quiet.
with no sales New York closed steady sales
1925 bales: Liverpool closed uuiet In favor oil
buyers. sales 10000 bales
Liverpool futures closed outlet and steady.
point up.
New orleans opened steady, to points
down aud closed steady at about opening
figures TO points advance. TIT. high ana
low points for August were S.Ss anu LOT
October 5.37 and a.Si ,
New York opened STEADY: point aowh'
ruied quiet and steady. with the loss re,
gained 10 a further decline of ! point anu
closed quiet and steady with an nuui,i9 ,n
loss Of noint The quotations showing ~, ~, :
tnints lower than yesterday ngufeS, ipo
highest and lowest points reached ior August
we're s. &c and $3.50 and for October o.6S and
$50.
New Orleans June 30.--W H. Bacheiler d
Co. Ltd, say Of cotton and grain
Prices were unchanged at the opening, the
usual dullness prevailing. due 10 mixture
D. weather and crop news. neither heavy rains
nor drouth seeming TO have the slightest ei-
feet upon prices at the time. The recent del
uge in Texas may not prove disastrous unless
II continues and, should the crop be threat
cned, considernE the low prices now ruling
and the buOyRnt trade conditions, great
change III sentiment would result. Whatever
The prospects OF the next crop may pc " .
now conceded that enough business is pelhs
done and arranged for by spinners TO reluil@
a full average crop and absorb a good snare
Of any surplus. Exports TO emma anu japan
show large Increase over shipluehts nse
year. II appears to us most natural TO ne
lieye that purchases OF late months would ne
attended WITH little risk ana aiIord oppoft
nifty for profitable investment.
Wheat held it's own well through the hrst
hours, notwithstanding encouraging weather
Dews reporting favorable conditions tor tn1
harvesting of winter and the growth OF spring
wheat Later Russian news acted somewhat
IS a factor in promoting higher prices, ad-
Wires stating that that country would not pro-
dheo over half a crop, A.ieaa'ol %os ca'in pn
Northwest which resulted In lower levels be-
iDg established.
Corn at the star, ruled duh and heavy, large
receipts and further liquidation OF July IN
iueneing prices at the opening.
Oats were quiet and easy at the beginning
provieious were unchanged at the opening,
followed by gradual Improvement toward
the close.
New York. June Sos. Mum. Son & Co,
say OF cotton:
In spite Of continued reports of rains in
Texas our market opened unchanged TO 2
points lower on unsatisfactory cables for
gpots
Liverpool futures closed y to point ad-
vance and spot sales were only 10000 bales
at UNCHANGED prices orr market fiuctuated
within 3 points and closed steady and I'M
changed from opening. Both sides seem will
ine 10 wait until after the holidays With
tho execution OF heavy rains in Texas. the
cror is progressing fayorably.
We believe at a lower level conservatives
buying on declines viii nav handsome profit
eventually, as the future holds TOO MANY un-
certanties 70 be too sanguine OF another
bumper crop.
New York Juno 3O.-The Commercial and
Financial Chronicle saws OF the weather re-
rorts;
Our telegraph reports this evening from
the South Indicate that rain has been quite
general during tho week and that IA sections
Of Texas the precipitation has been very eH-
eessve. Considerable damage claimed to have
been done in Texas, but owing TO the pros
tration OF the wires no roports as to the OK !
tent 81 the injury done Is as yet obtainahlo |
Elsewhere IN the South the conditions have
as = rule favored satisfactory DEVELOPMENT
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