The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1900-03-07

there was also more or less outside buying
Later on. however. heavy realizing som,
local short selling and the catching OF siot
orders sent prices down sharply. after which
there was rally. due TO covering OF shorts
new outside buying and a further rise IN
some SPOT markets OF 1-l6 TO isc. clpsinr
steady, with estimated sales OF $4,000 bales
| The net decline OF the day was Sai0 points
| on this crop and idis on the next. aeptem-
| Der being especialiv depressed,
| Waco. Texas reports: DISPOSITION 10 In
sown before nrices OF cotton advanced to an
attractive point. very little land will DO left
for cotton over the amount planted last year =
Natchitochts. isa says Present high
price with prospect OF realizing remunera-
tive price on this seasons crop. has stimu-
latod nianting throughout the parish, and
all falow lands Will be utilized
! The New Orleans Picayune, In an editorial.
saws that as to the future OF prices much
will dcpsnd upon the continuance OF pros
perity In manufactured goods: that Europa
is stlll short Of her normal suDply and that
even a materially increased acreage for 1900
could not be expectcd 10 Immediately offset
the strength OF the actual statistical situation.
The Manchester Guardian saws that " is
dcubiful II many men at Tho present time
think thc cron below nine millions: that on
the nihor hand more attention has bson pnld
Rtneraly 20 the tostion OF the Liverpool sup
NV and the difficulties nf importing. that
these difficulties arc becoming chronic and
are a disturbing feature Of Tho season; that
large suppiies must be had from America on
So mo terms that this UNDERLYING difficulty Is
kiDd ~ permanent strength 10 the market
We counsel selling around present prices
AS tha spccrlntion on the present Drca Ieyel
Is htginntnr to be universally regarded as
dangerous
The market is believed to he full Of stop
orders. which may he uncovered at any time
Today thsra vas ninnlicstly more disposition
to soil than 10 huy and come ~ the uriyate
eahlfs rom Lif'rpool were quito bearsh-
a icttcr from Now orleans firm. dated
March s. ccntnins tho following "Relabt3
adylcts from the cor tinent today deny tina,
there was any truth In the rumors Saturday
Of large failures there The por. movement
continues laresr than antlcinatcd. vet there
Is trca buyinE irrespective Of prlce and az
there is little or no short interest anv change
N sentiment ney occasion q sharp hreJn at
any time. especially as there has been no
reaction since tho recent rapid advance con-
minced. Under these circumstances. we think !
u very risky TO continue buvinr. and sug-
sest realizing on good opnoruninss. await |
ing better opportunlties 70 rsnurchase"
Southern built says: THE market viii |
be bull one as long as the spindle is tho /
leader. as now. There is no prosnect Of any I
let-up in tho SPOT demand or the demand for
goods ~ advancing prices. AZ n present The /
nosition OF thc market looks a. strong as II .
dld when q lower No predictions ~ present
are worth ANYTHING as to what will be tho
ton nrieo for cotton this season
Ncw YORK. March 6-The cotton market
was again very active TODAY Tho nrst call
DEVELOPED an advances Of / to Il noints. and .
was followed BY a further rise Of sd3 points.
,the inward movement as heretofore. was
bHSfd ON higher cables Later cables how
Ner were decidedly less favorable and our
market was very prompt 10 weaken local 4
81 hum'nt being boarish TO begin with. and .
the room traders waiting for an excuse TO .
q o. stHftB Vr.- n