The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1899-12-23
Bad Stock and Money Market Offset Bull
Influences.
WEEKLY FIGURES EXTREMELY BulllsH
Range Quite Narrow - Price sold
Freely--No Markets Saturday
and Monday.
Futures 1 10 3 points up,
spots ste ady and unchanged.
Liverpool 1-2 TO 2-64d higher.
once Of Til. Post,

great deal OF trading was done and holiday
feeling IVES in evidence everywhere.
inasmuch as there will be no markets dur
ing the next three days, ii was expected that
oun side or the other would attempt coup
today. but such was not the case. Much bet
scr Liverpool than was expected had the
effect OF causing the markets on this side
TO omen at an advance. The close In Liver
pool was IL to e-sid higher. the movement
Was very light and the market should have
done better had not the influence Of the ma
terisl decline in the stock markets and large
selling By Price. who is said to have disposed
Of 5000 bales during the day. proved too
stIouS Tor the bull features at work. There
was considerable buying Of January and
March by Liverpool. but the good effects Of
this we're only temporary and soon gave way
to the bear features mentioned. together with
considerable Christmas realizing. Prices went
up to the opening twice during the day. but
more selling just before the close caused the
final figures 10 be but TO . points higher
than yesterday in New York and points
higher in New Orleans
All O. the spot markets we're steady aud
unchanged, thus further showing tho strength
Of the real article, which Is not materially
affected ty temporary chalk marx spurts one
way or The other, But little business was
reported tom any Of The larger markets.
Holders are s,l demanding quotations and
the snor; sighted and bard headed consumers
continue to cite Nr Nells figures and
whistle for the Wind which is to blow values
down.
The weekly into sight was a very hullish
feature bu, it did NOT seem 10 figure largely
lu he II ,it. -
devoted to Wall street The amount brought
irto sight during the week vas $685.. as
compared with 81 53s last year and l0S. i5l
rfrs9 years ago The total amount up 70
date is S.5Ts.57o, or i.5Si,sio less than in 1895
and 1910 less thau IN 1895. Figures, they
say. DO not lie
The Liverpool weekly statement was also
decidedly 10 favor OF the bulls stocks over
there are 1890 less than last week ana 55S.
900 less than for me corresponding week last
year while the stock afoat is 10000 less than
u 1895 Receipts FOR the week were POGO
smaller than last week aud 1850 smaller
than last year.
Receipts at Houston for the week were
- 635, against los.4 Ss last year, while the
amour, received during the season up to
date l,297,e0l bales. is 10 be compared with
ls7s,664 for last year. Wagon receipts up
to date are 1896, as compared with is. 2l0
asst year
The daily receipts were Si5s. against Is SCI
last year and 1881 three years ago. The estI-
uiaie for tomorrow is from $500 10 5000 as
ompared with 1852 IN 1925 and .eii IN 1896
The estimate for New Orleans is from 10 600
to 1loeO, against 1881 and 1859 Port re-
ceiptH were hut 35,oSo, against 5s,4ol last year
and S5.i5s three years ago.
March cotton in New Orleans opened at
ss-7.Ol and closed at Co., no. after selling
high az 10l and low at Ga6. Tho opening on
January in New York was at l.09-i0 ana the
close 7Oi-Os. the high and low selling bcing
done at ~ and 7oi respectively March in
this market opened At 72l-22. sold high at
20. low at as and closed al 52o-2l
All cotton markets VIII be closed tomorrow
md Monday.
The Manchester Guardian says: THE mar
set wants to see shipments TO Great Britain
Increased and when that comes about all
WIZ DE READY onco more 10 tackle the crop
question on any new developments that may
meanwhile have TRANSFERRED
tarsill & Richardson Of Houston say:
Severe declines in stocks more than offset
able Liverpool and an extremely. ligh, move.
tnept today. This money market was also
In strained condition again call loans quot
ed at per cent a, one time today. The
opening N our markets was quite Arm on the
foreign advlces and large buying OF January
snd March IN New YORK by LlSerpool Who
ars unooverng strsdales made weeks since.
Later. with the easy feeling In wall street
eo,ion declined points on selling by price
ano over holiday realizing, but near the close
professional scslpers covered their shorts. re-
snlung N an advance Of points from tho
bottom, but before the bell tapped long cotton
vas Egaln on the market some OF the sd-
vance being lost Movement TO the ports and
interior towns for the past week has demon
1rsted that the farmer has not sold cotton
ss freely as expected for Christmas. and that
The New York stock exchange and hoard If
,rsde VII be open for business for half the
cav tomorrow all other markets closed.
Special to Tho Post>
Nsv York. December cas-. Mum, Son 4
Co say OF cotton today.
;, Higher cables, light receipts. Liverpool and
s,era! oyyips and deeres.ins Liverpool
s 1spssi we're The bun points, but they wero
exchange and Wall street LIQUIDATION Run
nipe away from January cotton was feature
IN lniposs,sle to be ignored; In Manchester
elotns we're made there at low prices. Spot
cotton here was quiet and unchanged No
saies' wilmington declined NC
Az Houston, Texas, spot cotton is reported
strongly beld, producers not losing their
heads on account OF London and Wall street.
houston merchants say that the world needs
me cotton and they are not going 10 sacri-
nee H. Liverpool advanced today on esti-
mated amount to be brought into sight of
"lo,pVo, II was close guess Brooklyn com
presses are COMPRISING hay for lack OF any
fhing better We wish the South A Merry
christmas and congratulate her on the profit
atle prices for cotton which she is now
enjoying May they go a good deal higher
Especial TO The Post,)
New Orleans. December CIV. II. Bach. |
eller q Co. say OF today's cotton market:
Liverpool proved n severe disappointment, TO
the bears today with Its better tendency and
rur market fell into line. hut the improyemcn M
was short lived, due largely to liquidation
pvfr the holidays aud the fear OF further dis |
nsier 10 british arms, which gain credence |
because OF lower quotations on consols to- |
tay. For the moment fhe remarkable sta.
isticaI position Ii ignored. Receipts CON
inue light and The legitimate situation is |
Nittout essential change. While futures con. |
iuue 10 recede advlces from cotton centers |
TfEsrdiDg the spot situation are quite as |
1uIlish as AZ any former time and il only
rempins for the farmer and merchant 10 con.
inue their Motley wher the nnal windup Will |
Ell the tale, Offerings were reported light
.odsy. deniaud coed and receipts ANAL. The |
yeekly movement showed np very iirht Al
lid alxd fhe inrrrafe n Aruerica ,nry. L..r i