The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1900-01-10
Slight Gains We're Made Under Adverse
circumstances.
MUCH STRENGTH WAS IN EVIDENCE EARLY
Market Declined on Realizing, As
slated by had stocks and sensa-
tionnl War Reports.
Futures 2 down to MP.
spots 1-10c down.
Liverpool 1 to 1-2-64d higher.
oiace OF The Post.
Houston, Tuesday. January ..


staple. True. the advance WAS by no means
equal to yesterdays decline but 1t was made
under very adverse circumstances. and really
meant more than the figures themselves
would seem TO Indicate.
The day started off with unusually good
cables from Liverpool which instead Of
showing loss of 2-64d was about that
amount higher. This satisfactory condition OF
affairs was reflected by tho home markets.
which opened at material advance and for
a time showed considerable strength as
result OF buying by Liverpool. some out
siders and strange to say by the head OF
the New York firm which, IN the light Of
PAST events would seem to be bull or a
bear. as the occasion may require, Mr.
Hsster's bulllsh figures OF yesterday to.
gether With news OF somewhat more eat.
isfactory character than usual from the
Transvahl aided in maintaining values for a
time, but later the buying reaaed contider-
able realizing vse in evidence and de.
cline OF about points from the ton was
SCORED The downward movement Wa as
sisted By bad stock market and later IN
tie day by sensational report to the effect
THAT en- English man-of- war had hrsd on
German cruiser and that International com
plioations Of en- extremely SERIOUS character
we're likely TO rAsult
-soms it'll. Improvement wes shown lust
before ths close which was however onlY
about point above tire lowest Of the dav.
New York being 2 70 roiuts higher than
YESTERDAY ana New Orleans whlon q rnust
be remembered was not 70 oreraHon veg
tcraav. 9 = pc'2ta lower than saturday
TIE Llvsrro1 close ves n 1is-s4o NJ
srots on the ether side we're cuiet and AZ
unchanser rricss soo1 bales we're soid
Thc snot situation or this side was not
cxactlv what the bulls locked FOR The range
ras from quiet - steady rith Houston and
Eew York unchanged ana Galveston and Nsv
Orleans each t-iso down Fslr business was
reported from ELL OF these noints exc.pt
Houston where M sales we're booked Il
IS said that selling has been little fresr
than usual in the interior during the psst
fsT days. but thst fun quotations have been
rscsivea in every instance
The movement was moderately large and
little more In favor ~ the hears than
otherwise Rsceipts ut Houston we're SoS2
aKan- 1887 ast wear and p4i0 three years
$40 while the estimate for tomorrow Is bur
500 to 400, ar compared with 1892 and 2so9
] ne estimate for New Orleans is from 10000
10 1900. against ii.i2s and 6oe5. Port re-
coints we're 32.li5. against 1881 and o,91s.
Reports that much smaller receipts are to
be looked for during the remainder n the
month are BEGINNING TO come In from all
sdss 4 New Orleans telegram received dur
inF the day was to the effect that Charles
" Darnwell representing prominent New
Orleans firm at Shreveport. reported that tbs
indications there wore that the movement
from now on would be very light Vincent
Hayne OF summit MISS. state that this
stock on hand there is 1000 bales less thar
last year. The New orleans broker sendinI
out this telesram predicts that the move
ment from now on will be 50 per cent loa
tran last year.
March in New Orleans opened at IDOL
and closed at 7.O5-0e. after selling high a
I'll and low at 7Oi The same month II
New York opened at 722-a1 sold high a
Z -. low At ms and closed at 7.l9-eo. Tn
opening on May was AZ 7.2s-go and the clos
at 25-2e tho hish and low selling belu
done at 1872 and %. respectively.
shepuerson Of New Orleans In his prefac
TO Cotton Facts" this year makes the fol
lowing statement:
Advices sent mo in December by rellabl
correspondents throughout the South lndi
cats commercial crop OF about $500, 90
bales, composed OF about 100000 bales car
RED over IN Interior towns and on farm
rom previous crop and a Weld of e100 90
this season. The WELD s less than last sea
con IN every state, the reduction being esti
mated at about 10 per cent IN Mississippi
70 per cent Cor North Carolina. Alabama an
Louisiana. IL per cent for Georgia. % ne
cent for South Carolina, Tennessee. Missouri
lnd virginia and = per cent for Arkausa'
Texas, Indian Territory and Oklahoma.
The Weld Of 100000 this season is dis
trihuted as follows. North Carolina. 5iO,OO,
South Carolina 10000 Georgia i300.OOt
Florida II A al IS ma
l,SsU.d0A, LouisRra $1,000. Texas India
TtrrloFy and Oklahoma 27i0,000. Arkanss,
lilMo Tennessee, 100000 Missouri and VII
eiua 10000.
Latham, Alexander Co Of New York sa
In their circular OF January 6:
The average percentage Of the crop mar
keted to December 81 for tho past lively
Years vas I'LL rer cent Of tho total GRO,
aId AS e,s9l0I6 bales we're marketed thl
yosF to tho same date upon the basis OF Tai
GNtraee percentage the total crop this yea
VII prove TO be S,2Si,4bs bales
y. the totst crop rs inquired on the basis
,S.us per cent, which was the percentae
narAeted in 1896 70 December 81. the totl
crop would prove 10 be SOS, $50 bales.
since september ] 20 December 81. the n,
ss been issafs baes or NY ny. i per e sss
y the same percentage OF decrease shon
continue % the end OF the season, s.sig,9
% saptember !. last year, the total falif
on 10 receipts would he 2.4t1. gi2 bales maxim
a toiai crop OF stbt-.Sts bales.
The year 1861 WAS similar In condition
10 this year-the crop was early, forced
maturity bv drouth and a comparison wi
ihat year would seem more corservati,
Tran win last year when the crop was la
frd marketing retarded by bad weather h
Greater part of the winter In fact az IA
date last year. large part of the crop WI
stil Ia the fields much or II remaining ul
rlckfd until February and March.
~ has been frequently remarked that u
heavy railing OF IN receipts can he attrI
utcd 10 the larEe holdings OF option 10 II
South particularly at the uncountsd Town
ana that this cotton is likely to come ups
tile market with rush.
Through our large correspondence GOVERN
erery section OF the South we are nHuepc,
V believe that the percentage az falling {
IN refsipts from nov until September / Vi
he greater then has already been shown On
today We are IN recent OF replies TO 81
frlor telegram sent TO reliable narties
nLfoOntsd towns, tabulstion nj which show
thar while az some POINTS there ls sto,
ltraer than last year ct many others ii
etccT is much smaller than last year ~
tho dinerence between them "a too small
cut any figure Of consequences IN the tot
crop
uag be slightly larger a. the towns the r.
rort Is universal that there "a no cotton
tAe fields and Less held on plantations
this time than for great many Years Du
the whole EeaEcn conditions for marketing n
crrp have bsfn unusually good ara N you
not be natural that cotton should rot hsl
beep seat % towns rapidly 'o- storage !,
Surpriae has hcen exp-ess.. no-y ~