The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1899-04-25
IN The COTTON MARKETS
Statistical Information Of the Leading tx
changes Of the United States.
SPOTS UNCHANGED AND FUTURES LOWER,
stock. increasing at Ports md I'm
terror ToNns--Fnir Demand IN
Europe for Medium Grades.
ofaee Of The Post,

Houston. Monday, April a.
With stocks accommodating at ports and IN
teiior towns, the inference is that spinnerS
are not buying freely, expecting to purchase
cotton at still lower prices than those no"
PROV ailIng There is a good demand from
Liverpool and the continent for the better
grades, with some demand for medium quail
ties. Reports state that the demand for man
ufactured products is extremely brsk-oeter
than for years. It therefore looks as though
the American spinners may not be able, when
Trey rc-enter the market. to find prices as 10"
ar they would like. particularly as the stock
M Liverpool is large
Rerorts from the cotton belt snent crop
preparations and weather we're on the whole,
satisfactory.
Wednesday 10 notice day on May contracts
later months.
There is no change in spots, the tone being
steady.
Futures in Liverpool closed without any
Change from Saturday
New York opened al a decline OF to
roints and closed at a net loss Of to
points
New Orleans opened points down aud at
the close was to points lower than satur-
day
Houston expects tomorrow $500 to 5000 bales,
against 2122 last year aud 1921 in 1896
New Orleans expects $500 to 5000 against
s227 last year and 5o1e in 1895
Port receipts were 1858, against 62ss last
year and II sos IN 1895
a conservative New York Arm makes tho
following interesting statement.
In the South the accumulation Of cotton
ct the ports and interior towns is accepted as
indicating an indisposition on the part OF
SINNERS and exporters to increase their TAX
rgr, even on basis Of present values.
though, on the other hand, there is no pres
sure to sell This stagnaticn is more marked
ia the medium grades demand appearing,
on this slight decline from the continent for
he higher grades, which also sustsins Liver
pool. where the best portion Of the crop is
row held. Our Northern spinners DO not dis
sy any anxiety as TO their ability 10 obtain
sucL supplies as they may need upon even
better terms than those now ruling though
their action excites comment, as the demand
fer their production is so active as to prevent
The accumulation of any supplies of manufaC-
tured goods
cargill & Richardson say of today's mar
ket:
The liuuidation OF May cotton in the New
York market TODAY was on a very large scale.
that month ruling weak all day, with long
lines continually for sale Those who we're
short seemed perfectly conteuted to wait and
let the bulls depreeR the market, they only
buying when offerings were free. The clear
aud warmer weather over the western half of
the belt aided the weakness. The other months
suffered less. but whole It could be called
a weak market. Wednesday will he notice
day. and II is expected large tenders will ba
made. and as the cotton will likely be low
OFF grades no one seems anxious TO take IL.
and without advancing markets in the near
futures. holders will be disposed to again
sell contracts against 1t. After this duida
ton We should see some Improvement in
prices. but with the present pretty weather.
sood investment buying will hardly take hold.
Liverpool was quite good. closing unchanged
from Yesterday. with 10000 sold on the spot.
The movement was not heavy except In Texas.
Houston's receipts and estimates large.
New York, April 24-S Mum, Son c Co
say OF cotton: The market opened active and
lower on disappointing cables and consider.
lie selling OF May by longs TO liqu'date ST
ftcted further decline.
Although farm work is now progressing
rapidly, reports continue to shoy reduction
il, acreage, small sales of fertilizers and poor
| Sc ed which we believe will effectively reduC,
the new crop while, on the other hand, trav.
| cling men from the South are reporting lara,
quantities of cotton in the unCounted towns
ana large spot dealer here is predicting SO
tor August Sell july and buy March.
New York Cotton Market.
New York, April 94.-The cotton marke,
opened steady with prices points lower 10
point higher, the decline being in sympathy
with easier Liverpool cables than expected
! Shortly after the call tho marriott davaio,,d