The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1900-04-12
COTTON WAS STRONGER.
Futures Esnt Slightly Higher 10 American
Markets
LIVERPOOL CONTRACTS WERE LOWER EARLY
Office OF The Post.
Houston, Wednesday, April II.


Houston, Wednesday, April II.
There were no new features In the cotton
markets today and very little interest at
tached to the session.
The early Liverpool cables showed the mar
ket on the other side to be rather weak and
this had a depressing effect on American
values around the opening. Before the close.
however. Liverpool regained all OF the strength
lost earlier in the day and the anal figures
were practically the same, as to contracts, as
those OF yesterday. some OF the months being
,s-6id up and others about an equal amount
lower. Spots were very quiet and at a de-
cline Of i-s2d only 5000 bales we're sold.
The low prices in the home markets which
resulted from the Liverpool situation we're
short lived an immediate recovery being made
when tho cables began to show better feel
ing. During the remainder OF the session
values were maintained In very satisfactory
manner and the close showed New York to be
unchanged to up and New Orleans un-
changed TO s up. The range Of fluctuations
was not wide one and only comparatively
small amount OF business was done, the at
tantlon Of the majority Of the talent seem
ing TO be directed toward May in New York,
IN which, according to adviees received dur
ing the day, squeeze OF some magnitude is
not altogether improbable. The approach OF
the Easter holidays evidently had the effect
Of causing operators TO keep out OF new deals
and most Of the trading done was, apparent
~. mainly for the purpose OF getting In shape
for the three days during which no business
will be transacted.
Spots we're not changed In any important
particular. Practically all Of the larger mar
kets ruled quiet and steady with email sales
reported at unchanged prices. New York,
however, advanced It's scale 1-16c,
The movement was fairly liberal at the
ports, although the figures for the day we're
some 5000 less than those Of last year. The
interior movement was bullish and the est
mates FOR the principal points for tomorrow
were also inclined that way. Some of tho
bulls are again talking OF very material
dImirutiou within the next few days, but as
little attention is being paid to the matter
one way or the other these predictions are
not regarded as being Of any material inn
portance. Everyone. as on yesterday, seems
to bC watching the weather and crop news
and waiting for developments along these
lines before embarking in deals OF any size.
Reports of damaged crops and delayed farm
work are sim quite frequent. The cold
weather which followed ths excessive rains,
and which prevails at present. may, it is
thought, have some influence in the prem
iscs In The meantime conservative Arms are
advising caution and at the same time pre-
dieting seelping market until the introduce
tisn OF new features brings about some
changes
Houston received only sou bales for the day
against 1914 last year and li46 three years
ago, while for tomorrow the estimate is but
800 to 800. compared with li57 and ss2 The
New Orleans estimato is 800 to 600, against
1921 and ioes. Port receipts were 10, iSs,
against 1s,sls and 29si.
Tho range ~ prices nm tha actyvo ,,onth. -