The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1900-04-04
COTTON WENT HIGHER.
Part Of Mondays Loss Was ReeaIued Yes
lerday.
CONSIDERABLE BULL NEWS IN EVIDENCE
Reported thnt Large Export House
Has Bought Freely of May ana
August Contracts.
Futures . to II pints ap.
Houston spots steady.
Liverpool 1 1-2 to x-B4d up.
onlco ot iha Post.

Houston. TUESDAY April g.
The cotton markets TO-DAY regsined SOME Of
the strength they lost Yesterday.
On this side futures began to improve early
ana the genera! trend was upward. barring
a short period OF easiness in the first part Of
the session. In other RESPECTS there were
no changes OF any consequence ia the situa-
ticn. srots remained duh add inactive and
the movement was along about the usual
lines.
LIVERPOOL PLAYED somewhat OF see-saw
game. tho early cables showing It to be ,
TO a-6id lower while tho close was at an
advance OF 1is to 2-6id. Spots however,
went sim another 1-S2d lower with 10000
bales reported as being taken by spinners ai
the decline
The bearsh feeling which has been rather
prominent for a dav or two past was rather
countsracted TODAY bv the many bits Of butt
news which were in evidence One OF these
was report to the effect that n well known
house which does largo amount Of business
OF exporting had bought something over 5e.-
on bales OF May and August cotton during
the past few days while several Ncw YORK
concerns were out with bullish circulars.
After showing little weakness shortly
after tho opening, futures IN tbs American
IL
close New York WAS to Ii better than yes
t,rday and New orleans was 10 to T. up.
Spots in the larger markets ruled from
quiet to steady az unchanged urtcps cXrent
al Galveston, which took another ~ on is
quotations. There was practically no bust .
ness done New orleans selling only 900 bnios
Tho movement TO the ports was rather rree
hut ~ most cases interior receipts as wel
as estimates for tomorrow were light llous-
ton received l2I9 bales FOL the day against
a454 last year and 1871 three years ago. white
ha ngfl l.. ia
against 1917 and G5l. rhc New orleans estl-
mate is 5000 TO Vo0 as compared with Il6l
and 22i9
The range of urcts on the active months IN
tho future markets follows:
Opening. High. Low, Close
M Hasp., Hill s sss-S5 s s.si So So sl 1915
May $50. sps-ac soy ssa o.ol-os
The annual meeting and election OF oifioers
OF the Houston cotton exchange viii occur
tomorrow "wednesday
Georgia reports sRy crop work has been
delayed by rains. In narts OF Mississippi
work is three to four weeks late Seed rs
scarce in parts of North Carolina and farm
work lG far behind In uarts OF Alabama
no cotton has vet been planted In The
Ncmphis district preparations Oh an enormous
sNdlt HlE p'lHL Nithtt uut WIG utheoh lh OHth
wurd Most reports complain OF recent cold
and wet weather aud hackwardness OF crop
preparations nr poor termination. but some
say there is plenty Of tlule TO catch up.
Careil q Richardson saw Of pottou There
WAS all sorts of bull news going the rounds.
the most significant Of which was report
thai a prominent EXPORT house had bought
50.t10 70 t0.oC0 bales Of May and August con-
tlarts m the lest Two days \ well known
NV York oneratDr was ont nith his usual
bulsh rofsip and. taken an in All ~ mieht
be said sentiment has bocom decidedly hui
liHh. although tho spinner does nor anpear
at ali urgent IN his demand for spot cotton.
Estimates tor tomorrow a Houston and New
orleans we're lleht but tn9 movement to the
ports continue free There " no dcuyinE the
fact that the market ls hue some farther
reaction bur We believe liuldaton vii
check any further material advance.
Richard Cooke & Co saw Of cotton sptn
ners ara taking little moro freely hut
tho demand is small rhero Is not much
pressure to sell Our advces say some OF
the leading factors have covered their t0bl s.,
refusing TO mako concessions We .pok for
scalpinE market unless something unusual
turna M