The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1900-04-07
COTTON MARKETS DULL.
Not Much Business Reported from Any
Point.
INTO SIGHT WAS LARGER THAN EXPECTED
An ExpIanafion-New Orlenus Fu-
lures Market Ciosed-The Week
~ Statements.
Futures unchanged to down.
Houston spots steady.
Liverpool 10 3-6fd down.
ofnce OF The Pos,
Houston. Friday. April 9.

Office OF The Post,
Houston. Friday April Q.
There was not great deal doing in the
cotton markets today. Trading was not
heavy and the range OF fluctuations was
rather narrow.
The Liverpool markets were affected by
yesterdays decline on this side and as
result both futures and spots went down.
the former being 2-e4 to 1854 lower and
the latter 1921 Of At the decline only
1000 bales were sold.
The opening In the New York contract
market was about .he same rs yesterdays
close and at different times during the
session prices varied some points on
either side OF these figures. Al the close
the market was unchanged to . points
down New Orleans was closed on ac-
count OF the observance OF a Stale holt
day.
amount Of activity. only q small amount
Of business was transacted and there were
no changes at any of the important points.
The weekly into sight statement was
go much larger than was generally expect
cd that 1t produced rather bad effect on
the bulls for awhile. it had no permanent
Influence, however. as II was explained
that the hurpus came from some place
which was known to have cotton, but In
which the staple was not counted until Il
was cleared from some Of the ports. Tho
agures we're 1895 for the week. com
pared with s9.io7 last week, $50 last
year and 5e,S7i three years ago. Tho to-
tai amount brought into sight since the
beginning of the season is s33O,9i6. or
l,s5oOsl less than last year and but 2s9,
275 more than in 1897,
The stock of American cotton in Liver
pool decreased $4,000 bales during the
week and is now lO97OOO less than last
year.
material diminution was shown in the
size Of the stocks in Houston presses and
warehouses;, this weeks figures heing
$4,000 less than those for week ago.
The local stock ia now but 32,1i5, large
amount OF which has already been sold.
The movement for the day was COM
naratively free and the estimates, while
not large we're not rs small as the bulls
would like to see them. Houston received
1925 bales. against 1o17 last year, while
for tomorrow the estimate is 1900 TO 1900
against 1855 and 2l45. The New Orleans
estimate is 1900 to 1000. against 2s7i and
1881.
The range OF prices on the active months
In the future markets follows;
At New York:
Opening High. Low, Close
May ...... a.2G-27 9,33 9.23 e.23-2i
August -. 9.14-1b 9.1S a.1l 9.tl-12
According to the statement sent ou
today by Secretary Hester OF the New
Orleans exchange, the Texas movement e
March 21 was 2,i23,sao, against S,2eS.lS'
last year.
Cargill & Richardson of Houston say o
cotton in their daily circular:
The market still looks to be In a hest.
tating mood, and we expect to see nc
radical change for the present aud believe
profit taking of longs in order on any ma.
terial Improvement
Richard Cooke & Co. say of cotton:
One OF our correspondents says the de.
cline OF yesterday was brought about b,
the heavy selling of bears, who think cot
ton dear at 9 cents. regardless of condi.
tlons. From the statistical position o
10000 visible at the end of this season
they believe cotton will be much higher
The total cotton unsold at Houston. Allan
ia. Montgomery, Memphis and Augusti
and the ports is hardly 100000 bales and
If the holders decline to part with 1t, ex.
cept at fun prices, Europe VIII certanl,
be forced to accede to their demands, al
foreign supplies are insufficient to carr,
consumers to the end OF the season.
Atwood Violet & Co. OF New Yori
wired The Post last night: st Seems
TO us almost as certain as anything car
he that II Southern holders stand pat they
can secure their own price for the re
naming unsold portion of the cotton yiel,
OF this present season. Contracts will b,
played with. as usual, by the manipu
lators, but this does not affect the spo
holder row any more than II did whel
prices were cents lower"