The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1900-01-05

loss and advanced points on Wall street
buying. light receipts, Arm Southern mar
kets and local covering. One wall street nim
which sold very heavily YESTERDAY ana the
day before and which sent out hundreds OF
besrish dispatches TO the South and 70 Ru-
rope is understood to have bought 2o,VVO bales
today. Selma, Ala, adyices were very nrm
and state that holders there expect very mucn
higher prices. Fall River mills are said to
be carrying only moderate stocks OF raw
cotton, though many other New Englana
mills It is asserted, are supplied az far ahead
as June. Receipts are disappointing 70 the
bears. Instead OF showing very large IN.
crease there has been big falling OH and
II looks now as though the amount 70 90
brought into sight this week would not be
much over $50 90 bales, against nearly 10000
last year and We arc over half million be-
hind the $4,000 crop. Liverpool declined on
the spot l-led. sales 1900 bales; futures ieIi
IL to 3is points, but recovered part and
closed steady. Manchester was hrm for yarns
and moderately active for cloth. spot prices
here were unchanged Sales 1864 bales for
ding upiands 7Nc, New Orleans and Gulf Sc;
August declined 1.1sc; Southern markets gen
orally steady 10 Arm. Houston expects 70
morrow 1900 to 800; against 95st .ast " eeb
against $3.50 last week and 1868 last year:
New Orleans declined points, but recovered
liz and advanced & Bulls assert that spot
| sales 10 New Orleans have been made OF
late AZ 1876 10 &c above the official quota
tions.
some soudan cotton has been received here
from Hayre. II is Of short staple, not strong
has a woolly feeling and is Of very different
| character from the American The teeling
here tonight Ia that hearish attacks are go
inc 10 mise ere unless receipts lump TO big
| figures Of when at present there Is no sgn-
Especial TO The Postl
New Orleans January Nv. H. Baehe,ler
q Co. say of cotton:
While the market has been subjected to
recessions II also RECEIVERS with wonderful
ease, and has proven an excellent Investment
on any and every material decline. and high
er levels will continue TO be In order should
| foreign demand develop on anything like the
scale that Is anticipated yhicn viii nattr
ally have its effect in turn Ipon srot cotton
| Spinnrra abroad continue 10 make fairly Ut
eral purchases Notwithstanding the depr.B
| ing effect OF noliticsl complications and IL
| l5okg rs II Europe will soon begin 20 take
a great deal Of cotton even at ruling prices.
Resides light receipts, almost every legiti-
mate condition necessary seems "a warrant
a good advance IN cottoa The easier stti-
tude o. the English market had It's effect
on our local one, prices opening some ;
| points under Yesterdays cloding with hnal
| prices, however. at a considerable gain en-
the cav the undertone strong and advancing.
Further liquidation OF strsddes, coupled with
the Gear Of further reyerses to British arms
| we're the influences mainly Instrumental in
depressing values today.
Especial to The Post.l
New York. January atwood Violet &
Co. eay of cotton:
Liverpool and the continent will hnd to-
morrow morning they have been caught with
an unusually large gold brick They toi-
lowed the lead Of a New YORK cotton firm,
wto told them the whole South was ready
to unload itE HpOL cotton at the buyer 4 own