The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1900-01-12
Opening Was Higher, But Realizing Caused
Decline.
PRICE WAS AGAIN ON the BULL SIDE
said TO have Rcught 10000 HaIes.
Liverpool Unexpectedly Good.
Movement Lighter.
Futures z 10 points up.
SPOTS Arm and higher.
Liverpool 2oto 3-64d higher.

HOUSTON. rhur.aay. Isnuary Il.


During the early. part Of the dsy Price was
said to have bought 10000 bales and this
transaction had the effect Of causing the
chalk marks to show considerable hrmnoss for
time Later Liverpool and longs were
heavy sellers and before the close both New
York and New Orleans had lost most OF the
gain, the fluctuations however having been
confined to q very narrow range.
Lvsrpool's close was from 2 to 36id high
err than Yesterday while New York was TO
points I'D aud New Orleans ranged FROM
UNCHANGED to 2 higher. Spots the other
side were in fair demand and at prices l-lsd
higher 10000 bales were sold,
Spots on this side manifested n gratifying
amount Of Hrmness and more business was
reported than for some time past.
New York and New orleans each advanced
1-l6c, with Houston and Galveston unchanged |
The tone was from steady to Arm.
The movement continues to be quite small |
and there is no doubt that the light receipts
are doing their share towards pushing values
upward Receipts at Houston for the day
we're 1893. against SO7S last year and 1859
three years ago while the estimate for to-
morrow is from $500 10 5000 against 5O25 and
1901. For New orleans the estimate is from
1000 to 5000. as compared with II $50 and
ol77. Port receipts were very light. being
1924. against ao,l2 and 1916 The into.
sight for the week. to be reported tomorrow
is not expected 10 go above 900
The market has gradually worked back
nearly TO the position It occupied before the
beginning Of the declines caused by bear
ghost stories and fairy tales of wonderfully
large stocks at uncounted towns which were
first made known during the early part Of
lust week The statistical position is APP
parentiy as Arm as a rock the movement Is
gradually becoming smaller. and, in short
the bull feeling is as strong as II has been
at any time during the season which is say
ing much. However, 1t should always be re-
uembered that there is liable to be CON
siderable realizing when the figures get up
around 40 for March In New York and the
advice Of the conservative houses TO buy on
The temporary declines and sell on tho little
advances would seem TO be very sood Just
at this time. II 10 posslbl. that advances
10 spots Will also bring out considerable
omou5tt Of the actual cotton. Tho figures
published in The Post this ironing show
heyond the shadow OF a doubt that there
Is really very iittlo cotton in the country and
while some holders will PERHAPS await the
coming of the long hersided scent price. II
Is likely that the larger portion OF the amount
tull On hand will be moved gradually as the
market shows signs Of Improvement.
March in New orlsans opcned at Liza and
closed at 1tf-1S. after selling high at I Is
and low az "A, This month In New York
opened At 1887 and closed at 130-Si. the
hlsh and low selling being done at IS7 and
80. respectively MAY opened at 7.7a-4o
sold hish at T.lo. low At T. SO and closed al
1851
There came into sight last week 2i5,o0
bales OF American cotton. and yet the Amer
lean visible decreased 5000 bales showin
that SINNERS took $4,000 bales notwith
standing the fact that every pressure is helm,
broush, ~ ratd Oh, r,arl,., on. n,spo 49,
80 W. 'ue ~ NV 4uu iioNo ~
"orlo oeneNe tho price " going down Tn
visible supply Of American cotton ia nov
me ne. sn,nrsrs, ,an,n.s a. 't 49, ns.'' =
,.st vssr a.. ~ ,oi,.,. SAM .
ana tha sources =, snna,,. ~. 49,.
' 'He SV"'NF" VI supplS WIRE tue sane
We would only have on hand September
next 60o000 bales for we only carried owe
e....., o.. ooo VIZ
When we remember that tho consumption
If American cottop this wear will hs M len.
~. nao - 49,. 49, y.
WV"N osies more tnhn last wear. 10 "a
nothing OF the shortage In tho India cror
u,ht,h .t,, ha,,. a. ~ .,nri,oa 80, 80 ,s,.r
Nu' ~ ~.
loen cotton and the faet that the receipts 10
ihs balance of the season noint 70 800 NJ
.sls. less snS 1, a. nossible 10, ,ha,, to \
.n1oa ~, " - u''7'',e 10 mn '"
i'eppoo less and mat AZ least 100000 hale
u the cotton carried ovor from the Ia,
,,,n 90. ,hn vsrios, ,r.sh ard A,ra,,. -,
80, '"' "'iu,' w
'nsntspie ana thht tne loss IN weleht o
the crop viii amount Ia 200 nnn bales an
m. -, -. 80. ,r. eli. .. 49, -.
us ~ "'N' V"''u
iamint'
-
r ", Giennv 4 Go. OF New Orleans es
-, :, ,,1,,,,.,,
s,,o. ~ so,h s,ao. - 80 49,. ~, ~.
The reduction q weak long interest and ii
increase In The number Of psople who hav
POW gone short OF cotton, the position wonl
oe stronger one in the event OF markt
inhuences AGAIN taxing oullish turn.
CarEill & Richardson OF Houston say
cotton:
s ...,. Y....
AZ nn- ,e,,n uon orse,s DnerpS S .n ",
nd Ar, ~. reorning nst,h rr,ra "a" Ia
r,,v,r livarnoo, x.as~ir evidence howsve
with large eeiIinr orders md this vi,
realiging by longs caused an easier feeiin
most OF the gain being lost The daily mov
ment was extremely small. aud the into sig
tomorrow promises the iightest Of the Sc