The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1900-08-18
.lNTHE COTTON MARKETS
liverpool Was Better Than Had Been
Looked For Yesterday.
The NEWS FROM CHINA WAS ENCOURAGING
ss,ucfuations Narrower Than Tor sew
eraI weeks Pnst-Very Little
Changes in Quotations.

riuc,uations Yesterday were narrower than
for months past. There was lack Of snap
and activity and both sides appeared TO be
hesitating. The chief points on which spec
ulstion hinges are this season in opposition
20 each other
Tho trade generally seems 10 think that
cotton before the Christmas holidays VIII
chow a marked decline. Tho only reason
they sscribe for this belief Is that cotton
has been chap commodity for Ten years
back statisticaly, cotton never was strong
er. except OF course during and Immediately
following the civil war. Not only are stocAs
Of cotton small, but manufacturers OF co.,
ton goods Of ali kinds are short of stocks
For the pass two or three weeks there mas
been little doing IN the way OF purchases
Of the spot article. spnners claimed pr'ees
were 700 nigh, and a number OF mills hare
shut down The shutdown, however, %
nothing unusual, as all great manufacturing
plants test up their mach nery for a snort
period. Therefore the two weeks elosedo"n
should have little or no effect on the mar
ket
yesterday the news from China was OF an
encouraging naure aud caused stcadier
feeling Otherwise there was no news Of
Importance one way or the other
aEanst $4,000 last year. The weeks sales
were 5000 against 5000 last yeaf and ihc
recrtpfs we're % 600 compared with lH,pQ3 a
yeas ago stock anoat is 5000 agaEs. - VVj
la fortnight more the season Will close
and turing that tine there is ittie ltcA-
hood OF any great change IN roudi-o4a
Weather 10 that space OF dime can he. ~!
,nsf,risil, alter the CROP prosuccts. Estt-
mates as 10 the coming crop range iI'm Us
low as s.500,0oo to lo25o'OoV with a auE29ia Oh
less than * 900 20 carry over dh4 no
dinuution in consumption,
4 great deal depends upon the mar" ns
Of he next crop. should farmers dispose o-
their cotton slowly there Is no reason vi y
thew should not get good prices on me
other hand il the September ana y. pbrT
movement is heavy the market 'oiiA ~.
outlook 1T the beginning Of cotton season
been so bright as this year.
Everything is in favor Of the riaA2r IL
he viii msrket his crop iudclousiy.
Spots declined i-i6d n Liverpool dud -'
In Sew York In Houston middAuG is 't'
against 81 last year al this time "hi'a q
Futures IN Liverpool closed at loss o
1-G5 all around.
TO points up. with near months i'' c"i.
po.nt OF attack Later 10 the srss on tari.
was some buying OF new crop deliveries AND
or closing August was on 6 p0.ats and cthci
months we're unchanged 20 points da";
New Orleans futures opened ~ IA AItu5
points down aud other months po'1t' OH
TO ! point up ne CLOSE rhV"fu q A'e H'.t'
OF to I points
Following IS the range OF prices TOT th'
active months IN New York and Kew Or
Opening. High. Low. Close
In New York
G }sS5sry s se5g s s Sc s sai,:
In New Orleans
January 49,. sts-us SIS 500 S.0'
Compared with a week ago futures In Nc'
York are / 20 points up on near month
ana 20 . points down on Tar ones.
New Orleans futures show August TO b
r- - L-rnor lhan q VOL ngn. Suntnmhl