The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1899-12-08
$4,000

Newburger Cotton company ..,..... e.soo, 200
Liverpool Cotton Exchange average
of 157 members) .a................1 10, OIL 800
Houston Cotton Exchange leverage of
so members .........s..,...,..lo .lB,WV
savannah Cotton Exchange .,...": 10. $50 900
A. J. Landauer & Co.. Liverpool 10, 400. 900
New orleans Cotton Exchange taver-
age OF SO members ,....s.........,. $500, 900
Price Mccormick 6 Co. New York; $4,000
Especial 70 The Post.)
New Orleans. La, December is. Mum,
Son & Co. say of cotton:
Cotton advanced to 10 points and closed
steady with estimated sales OF 10000 bales.
London ports got frightened over the small
shipments from this side, comparatively light
receipts at the ports and increased buying
by English spinners, Liverpool spot sales
being 10000 at an advance OF i-32d on the
spot, while futures rose az points. There
were no receipts at Liverpool The Liverpool
news was surprise to the bulls and bears
alike and caused good deal of covering by
timed shorts and also encouraged buying by
Wall street and to some extent by out Of
town operators. Liverpool was buying Jan
uary and March partly for arbitrage account
A German house fought the advance for a
time by selling January, but seeing the up
ward movement was too strong for them
they withdrew. The Houston Post. according
to dispatch today. attacks the Waco Cot
ton Growers Journal on its statement that
cotton is being held back In Texas. and says
that the contrary Is true Port receipts were
.n +s,osl or avo iess tnan a week ago ana
the same quantity less than on the same DAY
in 1896.
Receipts at Memphis. Augusta. Galveston,
New Orleans and Charleston showed note
worthy falling of as compared with last week
and last year. still higher movement is
predicted for next week Very cold weather
OF late at the South undoubtedly puts the
nnlsninS touch on the top crop, II 1t had
not received II before. reports from various
parts OF the South say helds arc practically
baro and large percentage OF the crop mar
koted spot cotton here was quiet and un-
changed, Memphis was l-loc on ana Augusta
practically i-l6c higher Southern spot markets
were generally quiet and unchanged. New
orleans sold 5000 and Memphis 1900 In spite
OF quite little liquidation prices closed at
the top. EXPORTS from all ports today were
only Soop. New orleans estimate for tomor-
row was only 1000 to eool receipts, or 1900 less
than last week, and 1000 less than last year.
The deficit in exports thus far this season
Britain included In mis- $4,000 Receipts are
light. The South is firm and no wonder Ian
t. mn. Is heEnnins TO snake IN us
0O'''' guy '' O'V"N'
fcna-ia, a. TT. pos,h
Now yor,, Dsccr,bcr - stnood vioIstt D.
r.
70, say OF COTTON
The larger SPOT sales at Liverpool today
with tho IMPROVEMENT In tho price. indicates
-, o,,r ,,t,rI. H., ,,,., -. ~ 49,. -,
Iisb SINNERS and rercbants have bsd ,inno1v
- rs ~ me- rnat's i'aSe hau lIu.tS
uort q, m In, Usanse % 'nu, On ts
~ VI ,ne on's pe'suu "a lhis vuuht.y ~
In '-ut ~, 80" VI F>'tiea stFe any AZ
tsnt'on 20 iar az croP es.nates are con
= " neu bil'pdpool yes.e'uaS was ueSluguIy
49, i"eslus ~ S' t1e 'outse 1t PMS
,,fs, nav o.e"t tra ~ Ses.etuay %Hs
si,,a,S5,n 10 siNg |Inesauo' tDurn 81 ene
plurs quay ne suuuen reNulHloh OF sen
!. i. t ,'n,us 'HuIs rhA'S y iooN WY huch az
mouth mere ~ds ooloreu sentlehen IN the
h ro,bdt upes 81, ~. IsqJFe rrar one shoulu
~