The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1899-05-10
'INTHE COTTON MARKETS
Statistical information Of the Leading Ex
changes Of the United States.
THE FEELING INCLINED TO Be BULLISH.
Heavy sales of Spots mt Liverpool
Caused an Advance In futures
on Both sides.
Office of The Post,


For a second consecutive day sales at LiV-
erpool were IS, 600 bales. and these followed
sales of TO- 900 on Saturday This was as good
thing as the bulls wanted and they sue
ceeded in infusing little life into the mar
kets.
| While the weather over the belt Is fair
there is complaint Of drouth In the eastern
section Of the belt and in portions of Texas.
| The stock market is collapsing and money
which has been used by spectators in that
! direction Will likely find its way into cotton.
This will naturally be used on the bull side
and should any damage to the growing crop
be reported prices would bound upward.
/ New Orleans advanced spots lis, other
n arkets closing unchanged.
Futures in Liverpool advanced 1854, to :
points in New Orleans and 1 to in New
York.
Receipts at ports we're 1885. against 1853
last year and l0.Ss2 in 1895.
Houston expects tomorrow 500 to 500,
against 226 last year and 427 in 1895.
New Orleans expects 5000 to $500, against
I'LL last year and 11iO in 1896
Tho stock in Houston is being worked down
| rapidly being now only 1854 greater than last
year.
The into sight for Texas and the Territory
tc date Is given at 1894 ,595, an increase over
iSss OF 49, $50, over 1897 of 1269, 900 and over
1895 OF 1854
The government report will he made nubIic
at noon tomorrow.
Cargill and Richardson say Of today's mar.
ket:
LIVERPOOL continues to send good advicas on
cotton for both spots and futures. 900 bales
oil the former being sold OF the spot again
To-Day at full prices. futures closing Ib-6in
l-G7d higher tha2 Yesterday The bulls tried
to rally our markets on the foreign aivi ,ss
reports Of too drv weather In the Atlantics
auu promised bulltsh bureau tomorrow hut
eSo niuoh colt was for sale by longs. Liv-
eipoci was a good buyer OF late months in
New YORK today, and New Orleans was al 50
a buyer The weather map was n clear and
warm one with little prosre,t for rain. To
morrow bureau renott which Is due hare AZ
should it be bullish and advsrce prices. we
heheVe 1t would be well to sell
New York. Nav a.-s. MUM. Son & Co
saT OF cotton
The orening was strong at to ? noilts
advance on hiehcr cables and increased de-
mand for suots. Shorts covered on a small
scale. but absence of outside speculative n :
tefests led the market narrow ana quiet
Plltes fuctuated within POINTS and closed
STEADY and unchaneed from the orenn-
me situation 10 practically unchanged with
we exception OF lack of moisture in h /,
Middle At'autic States conditions are fav-
orable to the growing crop.
Ioucrrows government Tenort should be
larry digested. as II will he key 10 the
MARKET future course. Both sides are now
waiting its publication with much interest.
New York Cotton Market.
New York. Nav 9.-Tto attitude of local
traders was practically unchanged today:
beth bulls and bears holding off for today.
rows bureau report. The market made
steaey advaroe of las points and continued
to improve during the first hour on foreign
buying orders. scattering demand from shorts
and bullish EuToDcan cables. AS the session
progressed profit taking tet In at various
times; put shorts In every instance readily
absorbea the cotton. The heavy break ia
the stock market cut little iGrre al an infu-
enoe, but attracted widespread individual in
teresf.
The weekly weather stateme t was eivea a
slphtly bu.lish construction Wi n was later
intensified by reports q rapid Sc in tn,
ARKANSAS river TO no.nt far above tle dan
ger line. and by forecast for rains in the
southwest Conflicting accounts regard ng
the condition Of the plart Wero received the
western districts reporting bacNwardness.
while in the east fair progress was baing
made in ali respects Port and interior r.
telpts were quite heavy, but this fact made
little or no Impression on local sentiment
The Liyerpool market for spot cotton was
AGAIN active and finn. sales reaching f5.OD
pales on the open market a tonsi Q able
portion OF which passed into the hands of
continental spinners. The market closed quiet
ara steady, with prices l TO points net
hiGhsr