The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1900-02-06
NO CHANGE IN COTTON.
Alter Considerable Easiness Futures Closed
at About Saturdays Figures.
THE MOVEMENT is SILL QUITE LIBERAL
Spot Demand Not Active-Lfverpool
Closed Lower--Neill Heard
from Again.
onIee Of The Post.

Houston Monday, February s.
There was more of bear feeling in ths
cotton markets today than has been In evil.
dence for some time past
Tho effect OF this influence was by nc
means as marked as was expected in some
quarters. however, and after declining to II
points below the highest price OF the day
futures closed at about Saturdays figures.
with some Improvement in evidences in the
fall months.
There was no dminuton IN the size of
tie movement and this fact appeared TO af-
feet the situation somewhat. Then. too. ad-
vices sent out by Expert Buston had a bear
ish tinge inasmuch as that gentleman gave
1t as bis opinion that present prices were
high enough to discount bulish conditions
This feature. Of. course. helped the bear side.
However the fact that no strength was lost
even under these circumstances is regarded
by the bulls as marked indication OF the
position occupied by the staple.
Early cables rom Liverpool showed that
market TO be TO points lower than satur-
day. and as result Of this and the fact that
inc SPOT demand was not an active one. tho
home future markets openod easy at about
saturdays closing figures. Prices declined
curing the nrst mart OF the day. tho low
point already mentioned being reached but
AFTER that gains we're made and the close
showed New York TO be / down TO TO 4
points uo and New Orleans unchanged 10 2
np. The Liverpool close was ut a loss OF
va TO SIs-64d, with spots unchanged
The demand for snots on this side WA not
large. but satisfactory business was reported
from all OF the principal markets Adyices
from the Interior indicate that practically
nothing is being offered and that in ali oases
prices even better than those secured here
tofore are asked. The principa markets ruled
from steady ~ 1uiet, and no changes in
prices vera made In Houston New York
New Orleans or Galveston. Conservative
members Of the trade ara Of tho opinion that
the apparent apathy In spots will not be OF
long duration and that u the meantime there
10 no danger ~ anv material easness being
shown When the demand again becomes
what II has been previously even higher
prices are looked for
The movement is stu TArv free ut prac-
ucally all points although the New Orleans
estimate for tomorrow lr no lntger than for
the corresponding davs last wear and three
years ago. The bulls claim that receints
were very light YEAR ago. % q result Of
weather conditions and say that the nresent
situation IL not uneEnectcd. In gew of the
nigh prices Wrlch prevail now A consdera-
bic falling of wss looked FOR during the lat
ter unrt NJ last week. hut about that time
spot cotton went up 10 Sc aud the move
ment was kent up as result Pert receipts
todaN were 20 500 against u 976 last year and
y go IN 1897. Tho receipts az Houston were
6322 against 1893 and 3G37. while the estimate
for tomorrow is from " 600 70 IA 600, against
lAl0 and 1862 The New Orleans estimate In
5000 10 1000 against fsql and S726
The range Of prices In tho future markets
"A