The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1899-08-18
IN The COTTON MARKETS
Statistical Information from the Leading
Exchanges Of the World.
FUTURES cLosfDwlrHBUr nrrlE CHANGE
Houston and Galveston Spots Were
Revised 1-1Ga1-s Lower-Liver-
pool Was 1 32d Down.
office OF The Post,
Houston, Thursday, August IL.

The future cotton markets opened calmer
this morning, with decline OF only to
points. which was regained in a short while.
There was but little doing. among the sellers
being a number OF those who were conspicu-
Gus for their heavy takings yesterday. There
was Tut little news regarding tho weather
or condition OF the plant, though from some
points in Texas there were complaints us to
crop prospects. while from ether sections N
tho cotton belt reports we're good.
The close showed New Orleans points
higher and New York barely unchanged from
yesterday, and Liverpool 2-s4d lower.
Regarding the crop estimate sent out by
MIR. Neil. the following telegram was re-
ceived ut the Houston Cotton Exchange from
prominent New Orleans cotton men: 1--WE
would advise traders in cotton to look up
Neill's record on 1892 1895, 1896 and 1897 crops
before accepting his conclusions on this crop
without reserve"
Houston spots closed steady as revised, good
middling and middling fair 1sc and other
grades Lice lower; sales 300 bales stock H.
els bales Galveston closed steady, i-16c
down: sales l63 bales stock 1910 bales New
Orleans closed steady; sales $50 bales; stock
49, 2o9 bales. New York closed quiet and un
changed. with no sales: stock 1886 bales.
Liverpool closed quiet. l-l6d lower sales 1000
tales.
Liverpool futures closed quiet at a decline
CT to "a points.
New Orleans opened easy August to Janu-
AIRY inclusive to points lower ruled quiet,
TO points reganed for opening months,
others / point above the close OF yesterday.
and closed quiet. / point up for all months.
points net higher than yesterdays quota
tons.
New York opened easy. August i point un,
September l point and other months 3 to D
points lower. ruled quiet and steady, August
points down, September points and other
months ! 70 points up, and closed steady,
August losing points. other months point
up TO 1 point lower-a net gain over yester
days close of to points,
Carenl 6, Richardson say OF the cotton mar
ket; Liquidation seems to have run It's
course. and the natural reaction that we are
seeing is certainly in order. but we fear that
Tor the present IT will be difficult to maintain
any extended Improvement unless continued
bad crop reports from this State are followed
by liberal buying We have no hestancy IN
saying however, that conditions today do not
II the world is led to believe this later on by
the movement we will see demand for cot
ton commensurate with that OF the manufnc-
tlred product Houston expects tomorrow
1905 bales. against 1877 last yenr Liverpool
should be Esd higher tomorrow TO meet our
improvement.
The Post has received a package OF boil
worms ant toll-eaten cotton from Mr.
J. L Mays, farmer who lives at Monaville
In Waller county. He says: II have eighty
acres iii cotton and the worms are cleaning
Ii up as fast rs II is making. II is not only
the case with me. but 1t is the case all over
the county, so far as ! can or hear All
curly cotton has from ore TO Ave bolls to the
stalk that Will mature and open and when
we get that we will have 1t an So / don't
see where the surplus is to come from this
year as the crop seems TO be short in other
States"