The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1899-11-21
COTTON FUTURES DOWN.
Markets Showed . Decline Of from S to 5
Points Yesterday.
SPOTS UNCHANGED AND GENERALLY QUIET
Little Speculative Trading md Buy
ing Power Exhausted--Housto
Receipts Are Heavier.
Home futures 8 to 8 points down.
Spots quiet and unchanged.
liverpool 1-6id lower.
Office OF The Post.

Office OF The Post.
Houston. Monday. November 20.
To use the words OF local operator. the
cotton market is afflicted with that tired
feeling" and needs a cordial badly.
New York's close today was from TO 5
points lower than Saturday. while New Or
leans showed decline of to points. There
was considerable long cotton on the market.
the buying power was weak and the decline
was nothing more nor less than the natural
result OF existing conditions. feature
which probably weakened the market SOME
what was the estimate Of receipts at Hous-
ton tomorrow. the figures for which were
$500 to 5000. Liverpool. while IL was in
better shane than expected, showed a de-
cline OF point. Spots there were quiet at
unchanged prices, and 5000 bales of which
700 we're American. were sold.
The home spot markets showed no new
features and closed mostly quiet and un-
changed Not only was there little speouia-
ton IN futures. but there WAS very little trad
ine IN spots and the sales reported were ca
tfemely light. There IS only a small demand.
but IL is nearly as large as the SUNNY.
The movement except so FAR the est-
mated receipts for Houston tomorrow are
concerned continues to present very bull
ish appearance. Port receipts were 1000 less
than last year. Local receipts were 1909.
against lS.SS5 for SATURDAY and tomorrow's
estimate OF 2S ON 10 = cph is to hr compared
". C.i.,,,r .r.-,s IN, -, - haTo- 90
,sov-, ~ .s,3rs+ y, -, cav 10. , 80 "a a.
~. NJ as 80. 70. so ava 'NN ''''' ava
W y, l11, W, y,r,, o-.-oa o., ah ,r,
,.,e- ssil;nr hgeS a. ~ snA ioo n, -
closed 4 26-27 March in this market opened
at 4o-4i. and closed at 7.2l-i- the high
rasr.rtt,.. ms '''"A N'' " - '' ''''''
In New orleans Marrh opened AZ 7i5-i4.
sold high at 7.l6. low at Io5 and closed at
New orleans will observe tho Labor Dav
sorsd -. ~. l.''u, ~
49, s,,,,. r.,,,s. ~. 1 ,t a., '"S'' W." pe
r,h. ,,,,r.- - ,,r,.h 81. .,,,.,,.,. T..
Ane "-Nuel ID N'i'h 10" SITUATION Is
V'e"s1 'H L'erpoo' Is ma a'a7 ny inc 'o'-
ioN'Hs 's=S S'n' out ~ 'atss mousse over
Oie,' On 'so'sl'oe'
ne 'eA4en'N Is 10 s91sp' lo'".VV' a.
~. s'.L' ia o4 ~. ,I'' Ht- -.an1 a'I IN
49, -, M s, ,t, 49, -,
49,, go ~
- ii,,ie 5,src,i,,on an ne r,,, ~ III Ii,,r,,
- iLlil- '"sl"sl,lvh on l'" tait ol A-'s'Ipuoi
9P.f','.z oF SINNERS ~ t2ii'w me aavanSe
80 ertlr', s,ss., Sii.'' .s.,,I Ne,
st,', ois ~ NO. -s-,,,i-sns,,s ~, a,,h
> noorer roaraln in Nanehes,sr md md ,I,tIs
70 a.rsit da,.,t,r',,a,, 80. -. III Az, W W
se,,I h si.se,,i es,.eInaf as NJ.
esin,a,s az as yat Msenbile sr qS "a" axe se
- 80 haornirs ~ ,ii :, 49,, nS
orSv SsSor,s ,1nrn7.i ~. h, Snu ar
"art,n 5h iSaro ~ hotn"s ~, ~
,.-ift ~ a, siaha. ~ i,rra- 49,. -, H.
emain. - g. 80 Va ''"'' '""'e "a '"'"es
Hrather iar,o a., son, ,sl,,,,u,. o. a..
asents and correspondents on the continent
the general t ten e The sdyees Is very 2ry
i''-teu ~ lie IolIVNlhs h1iS''W rom hnth-
lsh RUSSIA Rave On uniaNurehla opirion
tA taAt th"i NJ III itlf lhit- ADu, 0FlUurir ffe
oniS buylng enough 10 meet taeif immediate
vans We 40 not think he demand rs SUI
~ 'rHt 90 S"'ta'u XIV ui'fA'tt ie Eeh'fal
opinion % spuuers IN tnis 1i7traj is bear
ish
in considering the attitude ~ ibo Euroue1u
sp.Dners, the Sow orleans Times Democrat
ponts out n must be p9nfinlally horne IN
mind that discounts on the dsr M nosition
A4N7 AltFraA-4 llI Two wears fr more. IN
other words the 5nble urote ior6.s OF the
future markets have stood ever ready tn iin-
derwri'a q decline IN 5he mice ~ tho raw
material, - nh the warch0g7es p such c.r-
cumsisrce- would have been uiain symp-
tom ct dem utia. Trade has been booming
AID tho margin have heen enormous Tho
non- speculative method would ave been 10
sell the COOKS ahead ana bus eon.rarts 10
cover. j. rnw appears that under the f.
huence ~ the large estimates OF tho ernp.
the spinner sold H. goods. but lof tho
question Of raw material to taSe care OF
itself