The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1900-04-05
COTTON WASACTIvE|
Bulls Had Things Much Their Own
Way.
THE DEMAND FOR SPOTS RENEWED.
English Spinners Buy Freely at improved
Prices.
BOTH SPOT AND FUTURE Markets HIGHER
Interior Movement Very Light, Al
though Port Receipts Are Free.
Views of the Talent.
Futures Z to rs points up.
Houston spots t-Sc up.
Liverpool 2 to = t-2-ufd M.
ONCE Of The Post.

The bulls in the cotton market today fol-
lowed up the ADVANTAGE gained Yesterday. and l.
rs result they had the bears on the run /
before the end OF the session. I.
The victory of the advocates OF high prices
was decided one the advance scored being
considerably larger than any decline which
has occurred for several days Added 10 the
gains made yesterday. Il had the effect Of
putting prices on higher level than they
have occupied for some time rast.
Practically everything In the situation was 4
In favor OF the bulls No one but the extreme
bears has believed that the statistical posi-
ton Of the staple was anything hut very
strong but the gradual and sure falling OF
In the size OF the movement TO the interior
towns has added materially 10 its strength.
ard this fact has undoubtedly affected the
situation to a considerable extent. Then too
there was decided betterment all around
in Liverpool today As the bulls havo long
predicted they would ultimately do. the spin-
ners on tho other side seem 20 have lost
their feeling OF extreme apathy aud are /
again awakened to the fact thnt II they want /
cotton thcv must get It now and that. per
hans. no materially lower scale OF prices Is
going 70 be brought about. no matter hoy, |
long thew wait. Futures in the Liverpool I
market were TO 5i4-6id IN. while spots were I
a.ssd higher, at which prlces l2,o0e bales I
we're sold
The nature OF the early Liverpool cables |
had the effect OF stbnulntiug business ON this
side Of tho water. and at the opening thu
home r,arket ranged from nbout 5 to $
higher ttan YESTERDAY For short time dur
inc Tho carly psrt OF tho session some eas-
ness was in evidence. but after that values
started on their inward courBe aud never
STAINED nptil the close when New York was
shown 4, be 81 to 2s points up on the near
ros,tions and q IN 10 higher on the fall
months New orleans was II TO "a w some
thing Of a rush was made lust before tho
session ended
wha, was proboblv the most satisfactory
,estnre n, tho dav TO the bulls was the unu-
anal amount Of activity shown IN spots. in
ssnuoh rs IL Il General bcli,f that tho spot
markers really form the backbone OF tho
whole situation While there was not large
amount OF business done except at Now or
leans. where $3.50 bales changed hands. there
was decidedly lrmer feeling in evidence
everywhere and in New York. Houston and
Nov Orleans prices advanced isc Mddlng
ia now quoted NJ as.c on the local market
The movement 10 the ports was not small
- - o., ..,,. - -, -
- ~, -, ,,,aa ~ ~
ou. WIZ =" 'ue 80 'I','' ~, ~ 49,
~ ''' ss. w. 40, - aae i,s. o.
last year and 65l three wears ago The esti-
pate for Houston tomorrow IS but 100 to
200, as compared with sils and S92. while
and 1850 The semi eI i.weekly " statement for the
'st., ~ " s'''s'''e"' ~ -.
thirteen interior towns showed receipts Of
oi2T against ICES last week. a2,7os last year
towns decroasod 81 ooo ha,o, ,,nna ~, la,
renor,
some =, ,he o,,,.,,o ,,,,ts areo,,sa,,a -,
no aove,or,ron,s 80 ~ da, ~. aga,o sro,,,.
I,t,nu 4. - ,,ha, x,t,h, sa,a 4, .,sa,tt
ment" again rcts hol, =, ,ho marie, ana
il .o,,. oassa IN, :, M oo,,or a., 49,, 49,,
$3.50, - - Wv
~, ,'s ~
49,. " Wv 'p" '""e Wv
't"''"o" ""'Sn "ouiu naturally p' III eN'-
ieuce Il prices continue to 20 higher would
haya tho effect of nreventiup nm advance n,
49, f,,s - ~
sueD masnttuue' on the otner mana. II IS
not thought that there is any danger OF a
materially lower scale OF prices being brouah,
49,, ~, .t...,,, 80. ~, :,
ssous anu ha'h'aihed from tue t"et tpa'
there is always plenty OF fresh buying to be
seen when values commence 10 20 down. The
new feature looked for-n renewed activity
q, ~. -. ,oar,,o,s -, =, 80 - :.
" ne spo. 'n"' A''S Se'ms ~ haNo come az
last and tha bulls arc satisfied that they ar,
on top to remain for awhile. nj least
49,
Yhe rang. OF priees ON tho active months n
MAJ ny" ioho"s,
- opening High Low. Close
A. New YORK
MAY ....,,,.. sll-8 a.56 ala o,ss
Al A Nsw orleans leans, soo-@ e'a a.oi ea