The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1899-08-11
IN the COTTON MARKETS
Statistical information from the LEADING
Exchanges Of the World.
FUTURES AND SPOTS BOTH ADVANCED
The prouth Report, Covering by
shorts and Buying by wall
street the Causes.
ONCE Of Tho Post.


about repetition OF yesterday and for the
past several days. high temperature being
reported from most stations. with hot winds
over most parts OF Texas. which Is causing
the plant to shed badly. Futures advanced 6
as points on this report and large buying by
Wall street Spots are firmer. with an ad-
vance OF NC at New York, 1-16c at New Or
loans on middling and grades below the high
grades being unchanged: 1-l6c higher at
Houston and Galveston Lice lower on grades
nboye middling and 1-16c higher on middling
and below, At the opening at New YORK
shorts covered eagerly. but during the atter-
noon session the principal trading done was
by Wall street and buying orders by com
mission houses and Clews. which had ten
dencv to improve the market
Houston spots closed steady. with an aa-
vance of Lice: sales none. Galveston hrm
and revised. all grades advancing l-l6c ex-
oept good middlinG and middling fair, which
were reduced Lice: seles 50 bales New Or
leans firm and revised all grades advancing
1-1ec except good middling and middling fair'
which were unchanged. New York closed
oulet Mc higher: sales 1l3 bales. Liverpooi
closed steady and unchanged; sales 1o'OOo
bales. of which 5000 were American.
Liverpool futures closed steady. with an
advance of point
New orleans opened quiet, unchanged to
points lower ruled quiet, points higher
and closed steady. with further gain OF
points, the close being to points higher
than the final figures OF yesterday
New York opened steady. 1 point up to
Ia points lower for August September and
october: ruled duet and steady. all months
going from > to points and closed barely
steady. to 4 points higher, being to
points above yesterdays nrices.
Cargill & Richardson say OF cotton:
The early Liverpool market in cotton
showed but ia-64th advance from Yesterday
this with belief that the bureau report TO be
issued later would show only small redue-
lion in condition from last month. CAUSED
prices in New York to start some easier: the
carly months. tie FIRST to be reached on the
call selling under pressure to points lower
than yesterday, but when the winter months
were reached all were free buyers and oher-
ings were readily absorbed. January opened
at Cos the same as Yesterdays close de-
clined 10 o. advanced to Gil when the pu-
reau was issued. then under large reahzing
sales declined 10 500 but advanced 10 IA
late IN the day from large wall street BUY
ing closing at IL. The general III III y
York gained about points on the day. Wv
The bureau report was the absorbing topic OIL
thu day. and is considered a bulllsh doGu'
lnent considering that 1t IL SUPPOSED 10 ~ na
the condition ON August i. and since una
time the crop has deterlorated. lpe weather
chart for the past twenty-tour hours was
continuance OF what we nav hau to' "r 81
only that a higher temperatury IL as a run
reported from most stations. Private ADVICE
from the Interior To-Day say, not sou, I.
winds causing damaEe eyerywn nster N Is ' ben
marketed freely IN South Texas this adVane
having stimulated farmers to rehlize anu
liberal movement is expected shortly hous
ION will receive about 1000 bales tomorrow
The spot markets were nrmer with interio
BUYERS offering sparinely al higher pfiees
Quotations In leading markets chanSen
follows. New York &c higher. New orlean
Lice higher on grades middllng anu noipNT
The high grades nneh9naea "sN We iol,. t. "
higher or niddline and below, loo rover %
gIades above middling. Houston 1-i6e Msnt
than yesterday. Cotton has had quite an no
vance, but II Is hardly probable thnt anythll,
more than reaction VIII be seen as W
as nregeut weather conditions exist. Grhi
and stocks dull with slight changes
The monthly report OF me nehar mar sI.inn :
cotton on August 10 have been 81, as con-
pared with SIS on July J. gl2 on Ausust
iSqS. Sc q at the corresponding date Ia ny
ana S5S the mean Of August averages for 90
last ton years There was decline dnrlh
JT1y. amounting to points IN NORTH car,
lima. ten in south Carolina, Elk ~ reo' hu
Alabama and Texas. four IN Tehhesse., w
in Missouri on the other hand there w
an Improvement OF one poiat IN L iHi an
two I'm virginia, oklahoma and Indian rel
ritory. three in Florida. and Mississpr,
and four IN Arkansas. The average, o, q
dnerent States on August We're as Iollow
Virpinin IS. North Carolina 81, South caroni
u.s. Georgia 70 Florida o, Alabama s.. Misss
sippI Sc. Louisiana SO. Texas s.. Arkansas : :
tennessee 81. Missouri Sc Oklahoma, ~; !
dim TERRITORY %. The Texas report includ
The condition In the recently submerged T
rion, special report on which Is aino
ready for publication.