The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1900-01-17
Additional Strength wss lost by the Staple
Yesterday.
INCREASE IN RECEIPTS Al NEW ORLEANS
Estimate for Tomorrow Largely In
Excess of Last year--spot situn-
ton Unchanged.
Futures 3 10 0 points down.
Houston spots steady and Nm
changed.
Lfyerrool 1 20 2-e4d up.
Office Of The Post

cc.+cn lest come strength again today with
nut there being any unusual grounds for such
action. EARLY LIVERPOOL cables we're favors-
ele. showing that market TO b. about 1-eid
higher than YESTERDAY, and. 10 sympathy With
the situation thus reflected, the home mar
lets we're due 10 open at slight advance
surh. however, was not the case. the opening
ne,ns slightly under yesterdays closing ng
ures For time eoms buying was in evil
dance, and the markets both advanced grso
uslly In consequence. but later, when the New
Orleans estimate for tomorrow came in. show
ing. as 1t did. that the expected receipts
we're considerably larger than those for last
yea- and three years ago, beaEisa feehns
manifested itself. there was some hqulos
lion and prices went down again, the Gloss
ss,nx about the lowest OF the day, OF TO .
po,nts lover in New York and TO down
IN New Orleans
Tn. Liverpool close was ! 70 s-sh UP.
spo;s IN that market were only IN fair DE-
uaud and at unchanged prices. but 5000 bales
we're sold.
The spo; situation on this side remained
practically unchanged, all OF the larger mar
kets ranging from quiet TO steady with prices
tbs same as those Of yesterday. With the eH-
eeption Of New Orleans, from which point
the sale Of 500 bales was reported. the bust
ress done was rather light. The demand for
e1rort does not seem 10 show anT material
increase. nor is there any desire manifested
BIZ holders in tbs Interior 20 part with their
cotton at anything below quotations IL
would seem that 10 this feature Of the situa-
ton At least. waiting game Is being played
and will continue to be played for some time
10 come Before great many days nave
passed, however. the truth concerning the size
a, The stocks IN tho uncountei towns, on
which the bears are hasiug most OF their
hon. At present. will he made known, and
then the foreign consumers viii md, when Il
IT, perhaps, TOO late. that actual cotton and
rot chalk marks is needed to supply their
srindles. Barring a slight Increase in the
i,oyement at some points, the statlsueai po-
tiisop Is even stronger than ever before. and
tho chances Of the bears realizing their hopes
FOR biE crop are growing beautifully less
as the days 30 by
Tha estimate for New Orleans was tn. chief
feature O. interest during the day, so far as
she movement wks concerned. However. re-
nerts sen, out from New Orleans yesterday
vers 10 the effect that Increased receipts for
day or Two could be locked for. consequent
" there vas DO great amount o; surprise
showed that from 1000 to 1900 bales were
expsctss tomorrow. against 1909 last year and
,7ss three years ago. The receipts for the
day at Houston we're e4sb. as compared with
,lgs in 1890 and e4s5 in 1897. The estimate
for tomorrow is from $500 to 5000, against
2sz7 ard se72. Port receipts were 23'eol'
against 45.7ls and 2i,23s
The uncertain condition OF British afairs
in South Africa is undoubtedly exerting a
great deal Of influence on the cotton markets
at present and bulls say that one decided vic
tory fo- English srms In the Transyasl would
pend tue price OF the staple skywhrd at !
rate witch would make the bears dizzy
There IS much in the situation 10 warrau
THO belief that they ara right 10 degree a
iehst. Some Eastern houses are predicting
marked advance in the near future, without
even going 10 the trouhs OF giving thei
grounds for such belief. relying az they d
on an persons Interested In the matter beinj
informed as 70 the statistical position and IN
other features OF interest In connection wit
March in New Orleans opened at 7,i5-ls AN
closed at the same figures after selling mig
New York opened at 1888, sold high a
T,s7, low at : 30 and closed at Z 81 .S2. Ma
opened ut s6-57 and closed at 7Sl 30 aits
The high and low selling being done at ~
and 7s4 respectively,
TT looks like waiting market" the Ne
York Commercial reports a broker az ss'
ing with the war in South Africa, wbir
mar continue indefinitely, and the uncertain
ty in the minds % the cotton trads a. 10 Z
amount Of cotton held ether by the farme
or at the amounted towns. and the fnr'h
fact that the weather has been extremely h
in Texas during ihis week. which VIII m
measure delay the increment Then. 70
there IS no doubt hut what speculation h
hsd a serious setback IN many Ways, Al
nearly every one W dtspossd 10 wait
carsin Richardson of Houston say
cotton: Liverpool made fair response
cur improvement In cotton yesterday, com'l
a.e4,hs M on The near months and ur
the late positions Spot business was lii
tied however Liverpool was feature
the New York market however. being go
buyers Of March and May and selling Ju
and Angus Thsv PROBABLY tbeorife IN
New York near months should show the lar
premiums existing in liverpool, ard q
Htraddline the market accordingly outsi
Of Liverpool orders IN New York. that ma
ket was festufeless except some covering
shorts in March early, with the latter ps
mated receipts at New orleans seemed to
the Incentive for considerable selling Sps
were quoted unchanged With the demand In
tied. buyers reporting Europe out Of the ms
tet AZ yet speculation Lays in cotton, a
despite the fact that each day points mc
clearly tn crop less than 9oo0.nN1 the toi
necessary 10 start the ball IN motion 10 lar
Ing Liverpool should be iei,h down tom'
ror.
Especial to The Post.)
New York, January i6.--s. Mum, Son
co. say Of cottor Cotton dropped poll
carly, but recovered this and advanced 2,
Liverpool was more favorable than had be
generally expected, and buying 10 iiquidi
Liverpool straddies in the near months, b.
ing by room traders small receipts aud
light Houston estimate for tomorrow a
tended 20 impnrt greater strength. Later
the improvement was lost however. and
closing prices we're 3 to lower and stea
wlth estimated sales Of 10000 bales.
local element sold out morning purcha
and n Wall street house which recently sprs
hs2rish kilograms and circulars hroadc
over the country sold about 10000 March D