The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1899-01-31
I'm The COTTON MARKETS
Statistical Information from Leading tx'
changes Of United States and Europe.
LIVERPOOL HARDLY W TO EXPECTATIONS.
Futures There Fractfonaiiy Higher
and Spot Sales smnll-Americnn
Futures Are Lower.
office Of The Post.
Houston. Monday. january 30.

Houston. MONDAY JANUARY ~.
The advance due in Liverpool only partly
camc up, the close there showing gain
over Saturday OF ihd1-64. Spot sales there
were only 5000. This feature was calculated
to throw damper over the markets on this
aide. but the bulls ignored everything and
held prices steady
There was FREQ selling by one faction and
equally free buying by another. On each de-
cline the weak shorts drop out and as this
interest is shaken out the market gains
strength. Statistics cut very little figure with
the contingent now specializing They have
money. and plenty OF It, and claim that they
intend to mako somebody pay high prices
before they get through with cotton They
have sent stocks and wheat up In an IN
warranted way. and will now likely see what
they can do with cotton.
Spots show considerable strength and full
quotations are obtained. After the close
today in New Orleans 1000 bales were sold
at quotations.
Houston advanced spots Lie and the other
markets arc unchanged, Middling In Hous-
ton IS now lilo for the first time since
Mig last.
At the close. New York was to and New
Orleans to points lower than Saturday.
Port receipts were 3s.sls. against 66.2ss last
year and 42,050 IN 1895.
Houston expects tomorrow $500 10 $500,
against 9072 last year, and l2,s2l In 1895,
New Orleans expects 1e,o00 to 1900, against
S69S last year and 10. ITO in 1895.
Receipts of cotton at Texas City last week
were $50 bales; stock. s626 bales.
Cargill & Richardson Of Houston say OF
cotton:
There was too much realizing in the cotton
markets today for prices to be maintained
II is surprising. however, how we'll the mar
ket took the enormous selling. In New York
Hentz was credited with disposing OF about
Is coo bales OF long cotton. Mum sold mod.
erately all day. Liverpool also was a liberal
seller in New York. The buying was prln-
cipally by Ide and the outsiders: houses with
private wire connections TO Western cities
being free buyers Liverpool sent an ad-
vance. but not what was expected. 1h-6id,
,but spinners deserted the market. only 5000
reported cloths quiet and firm, yarns quiet
and steady. The weekly letter from there
said that a fair business had been done the
past week to India, China and Japan. but
the margins OF profit were Diminishing. ow-
ing to the advance in cotton. Receipts at
the ports. while $1,000 bales less than the
same day last year, were 1000 larger than the
same day last week. Houston's and New Or
leans estimate for tomorrow was 5000 bales
more than last year. The cotton market
seems to have lost its snap. and there Is
apparently much more desire to take profits.
The buyer is not SO good. and with this lack
ing, some further easiness is to be expected.
We would exercise caution in buying cotton
at present preferring to wait the chance of
getting in on a good decline.
Dry Goods.
New York. January 3o.-Prints are again
moving upward. an advance of a quarter in
American indigo blues and shortening of dis
counts in other quarters being noted. Staple
cottons also showed upward tendency sell.
ers being received In brown bleached and
coarse colored goods. Todays spot demand
was quiet. but there was good mail order
business of general character. Print cloths.
strong; no sellers of regular 6i squares at
naL q liNisin on atcahier