The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1899-12-27


last year total since January /. 2,oSS,Oo9
bales against l,Sl7,oOO Anoat, 1000 bales.
against none. Shipments TO Great Britain.
none. against none: total since January l.
20o00 bales. against 10000, To the continent
1900 bales against 1000; total since January
/ $4,000 bales. against i7l,000.
Here is the opinion of New York bull as
presented by the Commercial;
Augusta mills have little cotton on hand
Southern mills viii use 100000 bales this
season. They used / 400, 900 last season, He's
ter says Southern mills have taken 100000
thus far. IT. as the bears say, they have
but a fun years supply, 100000 bales. then
l.0o00no bales belonging to Southern mills
are somewhere in. the South. A good deal
OF cotton ut interior towns undoubtedly be-
longs TO Southern mills that are leaving II
there because Of lower insurance and OF the
fact that warehouse companies give certin-
cate on which money can be borrowed easily,
The warehouse system is being steadily de-
,eloped in the South, It is one OF the signs
OF the times. Rich men, like Mr.. searles.
formerly of the Sugar Trust. are going into
~. u enables the South 10 take more
independent stand. The South need not sell
elrn stocks we see what the Liverpool supply
is. Another thing. We are told that the
Liverpool report Is absolutely reliable, bur
- looks as though sales were being concealed
The stock there is decreasing faster than the
sales reported from day to day would indi-
cate"
cargill & Richardson OF Houston say OF
cotton
The absence Of disaucting news OF a polit-
teal or financial nature, a decidedly better
stock market, and the smallest receipts OF
TIE season. caused cotton to rule Arm. with
70 be bearish had predicted that the small
movement before Christmas would more than
be made up by the Accommodations over the
holidays. bur the very small figures posted
rduV ella ri atr Los ant La a
tho farmer market little. but the merchant
no Is holding had nothing for sale. A large
buyer located here said today: II have never
sem less disposition TO sell cotton by the
Interior than now. One would think that the
crop was exhausted as not nibble Is felt %
tn offset this Europe is showing no apparent
ing many continental spinncrs are bare OF
stocks. and must soon buy The changes In
the visible supnly show an Increase during
the week Of q oon bales. Tho total visible
Is now l1l6 39f less than the same time last
year and Is about 900 less than the cor
reFrondinE wecka In 1896 and 1897 The
buying today WIS scattered, principally local
onerators with the South contributing some.
The market looks very solid 70 MS now that
the hnupciala atmosphere has cleared and
With continued light movement good values
for cotton ere probable We advise sales
be, 10 order Liverpool opens for business
tomorrow aud should be about t-slths higher.
NEW YORK, Decemoer so'-Ihsfe WAS
pretty arm cotton market today considering
|fbs sbsenee OF cable accounts. After opening
.3utet but Arm 1t an advance Of to 9 and s
DolntS. sentiment wavered for time and
pfiees felI On few points, but again the
1,sx& u Aeyslopsd pronounced strength, fol
1oHlnx Ac<6unts from the south regarding the
attitude 81 .hnldefe OF spot cotton with a
nilnhke7 o. bulttBh factors, including q more
~ i4s9 current beiief that Liverpool would