The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1899-12-17
N LOST STRENGTH
/ fsadilion Of Stocks and
Nm lhs Main Reason
s,s,,Tst SUSTAINING feature
NJ were nunish = L"r@e
fs'''' N Visible supply
Tpe outlook
% S points down

Tnc ontiooh'
10 S points down
~ : "a mostly rncha"sed.
tn,', =. to s-e4d lower.
Mss' J ottice OF The Post
saturday, December 10.
Hou' .sIch influenced today's cot
azure .,ar. than any other was the
ftsss p9', :, stocks and money in the
a'al' ,.. a and the reports of large
b 'si''i' :. = result thereof. In ad-
. lsil pu,isb was assured'y bad
'a' ,,s bull standpoint without
nom w ,sere was the influence eN-
ba iu''ns., :, ina serious British re-
\ 2. n r,,nsyasl, unsatisfactory LiS-
y ps ~ statement which was I'M
i'',. :, Al, this the home markets
fNuN .s,n yesterday. and although
~. strength was
' ..,,r.a steadily until the close
g 's ,,,e,lc.lly at the lowest point
!, II n. Vi, I TO points in Ne" 'O'"
\. - ,olut, IN New orleans
!, Liverpool was practioaliy
! ...s.ra,y's advance, or ia to ESQ,
y \ r,,s.t there was quiet at unohangea l
Y .,,., reported were only 1000
M, side ruled quiet and STEADY
,,,,s, markets were for the most
...,,.d. although prices at Houston
:, dawn Lie, thus making the scaie
=. ~, 0, either Galveston or New
= ,spd,ion which has been notice
..s,.ut during the session. oher-
,,,s,Ior were somewhat freer than
-,,.n.nt for the day was very small
!. Man the many adverse influences
-. working against the bull side
NJ. forced prices down even further.
n !, pouston were but ssi2, against
M. ,,,r while the estimate tor Mon
ng 10 5000. as compared with lo,oso
4. .,s 12Bs three years ago. For
n,.,,, ma estimate for Monday is
nS5 to 1900, against l4,S61 in 1898 ana
d lna Port receipts were also quite
4 lie figures will show.
vstIy statement for the thirty-one
\. Interior towns was another huiiisn
n xhl,b helped sustain prices to some
The receipts at these towns were
,g,irss 2ss,i6o last year and 2le'lse
rus ,gs. Stock at these points, how
,,cv,d an increase OF 1900 for the
md II. now 100000 larger than last
%. nearly 100000 larger than in 1895.
v.ssy visible supply statement, ae-
b. 70 tho Chronicles figures. showed
ta u i0s5,sis, or an increase in the
Ets5 The week OF s4,Sss. The loss dur
~ but thirteen weeks has been l,670,s4s.
lruis are as follows: Present visible
" ss.2sls; last year, i,s4S.s62; 1897,
is lsss, 4ose,57s. These statistics are
AA significant nature that they must
VI fsy interesting reading to the con-
n !, the other side. The belief that
Ueat scarcity is indicated by them
inost Inevitable under the circum-
81 connection Il will be OF interest to
W. the difference existing between Mr..
Ht hEures and those of the Chronicle,
u quoted above, is caused by the
et he former deals with the visible
q the entire world. while the CHI on
1altss 10 Its statements only the sup
" United States and Europe.
nn Up the situation, IL may he said
tai are still confident of the strength
10 position and believe that these tenn
MsTsss are really more beneficial
,nsn otherwise, from the fact that
~, lhe. effect Of causing the longs who
r'Fh tired OF the dragging market to
n thus giving prices ali the more OPP
wv sdyance when the receipts be-
nos heavy decreases, as the bulls
~ must 90 in the near fu.Y,e. ~ bet
M, however. Is not looked for until
Ilolldays and 1t is quite likely that
'aN considerable amount of l!qui-
wig the next week or ten days,
large amount of January cotton
, .aosa o. In the meantime scalp
,aM may DO expected with the trade
ssaa on the slight advances and ruy-
W similar declines, thus preventing
sA' falling of pending the arrival
y q TIE markets.
ME :! fluctuations today was very
January In New York opened at
=, =, e,osed at 1886, after selling high
n NV At 7,25. while March opened
~ nigh at IA, low at 7.37 and
sMw In New Orleans the open
q. a was '.l4-l5 and the close at
lsu!es the high and low selling
-" ''ls and 7.l3 respectively.
M'@ member Of the New York ex-
s00'sd by the comemrcial as fol-
insulation falling of. the question
ppars to have resolved itself into
kr .Asen the European splnners and
~. W tue pdIHUNth Ot lut
fnss moment the holders have the
~. position, for they manifest not
~ eouet OF the strength Of their
d ,w. maintain values on the farms
rr mailer interior towns beyond the
~ abroad. They point to the re-
IN .r'elltural department as sus-
NJ KY their position. but the views
~ .sen sent forward to the world
Il s,rihg OF the season. They do
NJ Ejaculation to advance prices
M believe the legitimate demand
ises spsn and weave into ciotn at
~, Profits manufacturers are mnk-
NM Snen Justify a further advance.
Y Widespread throughout the
Ia y would be difficult to find
10y who hold contrary view
, nc1h or West. which have =
10 cotton than for many
~ n. rc any disposition o look Tor
~, 'a'ement for thirty one lead
~ ''sns shows:
~ receipts. Shipments. Stock,