The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1900-04-25
COTTON WITHOUT LIFE.
Prices Dull and Range Of fluctuations Very
Narrow
LIVERPOOL FUTURES SHOW IMPROVEMENT
The Government weekly wsrther
R.rort WINS Buitish-Cotton Plant
ing Has been Retarded.

Houston. Tuesday. Aprll 2.

ofnce OF The Post,
Houston, Tuesday, April "A.
Nc new features were developed in the
cotton markets today. and prices continued
within the narrow range that has prevailed
for nearly week Liverpool was somewhat
better than expected the advance in that mar
ket being 2is SAD on the near months, but
the effect on this side was only nofnentary'
Prices we're to points higher near the
opening, but soon broke again, hanging
around go for August and s.0s for Deem
Der nearly the entire day. Final hgures at
New York showed an advance of to points
on the near months, and decline OF points
on the distant positions New Orleans closed
at figures that ranged from up ON the near
months to / down on the fall deliveries
The government weekly weather report on
cotton was very bullish, and many private
kilograms of bullish nature we're also re-
ceived on the local exchange Advices were
generally to the effect that planting had
been retarded throughout the cotton belt
Fairchild q Hobson OF New Orleans wired;
Trade in cotton today is more general and
II anything the feeling is somewhat better. +"
Price Of New York sent out the following
I'VE have Just received cable from Liver
pool saying that Enisons circular to be
issued tomorrow will be very bullish on the
summer positions In Liverpool in consequence
Of the strong statistical position. We con-
tinue to believe that August will sell at
10 cents before the summer is over"
Cargill & Richardson of Houston say of
cotton
Weather conditions are certainly of bull
ish nature, and traders generally are inclined
TO the long side, buying moderately on each
easy period. OF course We all know con-
tnusnce OF the unfavorabe season We have
mad so far would give a further enhance
meut in values, but at the same time 1t Is
only reasonable TO suppose these conditions
viii rot last always. and with general
clearing up the market will feel the innu-
ence of the bearish sentiment sure to follow
For the present IL looks as though the winter
months offer the best inducement for scalp
ing. but We do not look for any material
change until conditions become more pro-
nounced one way or the other. There Is q
general disposition TO hold of owing to the
many uncertainties ahead. Heavy rains were
reported this afternoon In North Texas.
Richard Cooke a Co. of Houston say of
cotton:
Our New York correspondent says the dis
position there is to await for some definite
data with regard to the acreage devoted to
cotton this spring. The crop situation at
present is decidedly uDfayorabe while very
interesting one. The lateness OF the plant
i1g season makes i. certain that spinners
viii rot be able to replenish supplies for the
new crop until a relatively late date. II is
unnecessary to dilate upon the influence on
the market OF another moderate yield, There
WIS more disposition today TO trade In con-
tracts than for some time Tho weekly
bureau Of today fully confirmed private and
official idNces. the crop being late with
plenty Of repiantng and seed scarce.
The New Orleans Picayune. IN discussing
weather and crop conditions In the cotton
belt says The crop situation has become
serious matter and should give rise 10
serious reflections. It is no longer so ccr-
tain as tt was that the acreage in cotton Will
prove greatly enlarged over last year. while
II rs absolutely fact that the crop Is many
weeks backward; hence there Is no prospect
Whatever that II VIII prove an early one,
There Is also another consideration to take
into account. and that is the possibility Of
drouth later on. With so much of the GUS
tomary rainfall received before the crop has
made a start, Il would not be surprising il
TINS superahundance were offset by scarcity
later on. OF course. II does not follow that
because the rainfall has hecn uncommonly
heavy tho average later on will be out down.
hut II rs fact that tho rainfall does not
vary from year to year. Most people arc
beginning to admit that the prospect for a
bumper cotton crop this year is not as bright
as il was. and this changed prospect serves
10 aocentuate the fact that The supply OF
cotton left over from last crop Is extremely
small. Whether or not the present prices
are sufficiently high to discount another mod
crate crop Is problem for tho statlstuians
10 determine