The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1900-05-06

h ne big saies VI ~
rws bales as Saturday spot
,j,srrool was a surprise to both
~ but failed to infuse much
I. American speculative markets.
-ovsd along in the Same old rut.
,,,r,a Of 8 or 4 points recorded
ma undertone was distinctly
,,,r despite all the dullness.
4, Ne cotton market.
(, s,tuation at the New York cot
~ today, and as result specu-
.,trsmsly dull and the profess
4 "A chance to put prices up, for
,.sllc appear upon whom they can
4 ,etlyity does not seem attractive.
rsrket where the cotton growers
In make quotations. In other
IN legitimate supply and demand
4. nice. Such at least is the case
ssrlns Is concerned. The bull-ng
A, for the moment worn itself
IA hear side, 1t is declared, is too
The rampant bulls, and they
.rasble, speak of the strength of
Esa,ol situation, the failure of the
..press.on in prices when tho
ttn the May option to a later
hrun to materialize and hint
i the commodity selling in the
E,i when II comes to buying for
d upe reels OF the dullness plain
h.i they are not operating.
Islns finds buyers for long. pulls
ssy and any decided advance will
hsins the public back in great force,
public dearly loves an expensive ar
i. row few points rise or fall
rams Inst Liverpool IS up or down.
b bears, they are under cover and
sts are largely suspected to be hop
ssriirg for lower figures positively
In ldertlty. Nevertheless, the bear
b he bear sentiment exists, aud one
g certainly have on their side, and
% great number of long contracts
lig and the loose way in which
irasts are held. New York is heav-
h cotton, the South is long and to
ID extent the Liverpool Spectators
ts When Iii.son, who has every
" representative Of manufactures
)ag As price Of the commodity down,
'gt With the bullish statement that
Eii Ike cotton famine is in sight,
rs 70 suspect that the English spin
En hstged upon the floors of the ex-
Efy Is current of more than one com
house 10 New York having con-
mt The amounts of which are dan
large These are held by all sorts
s ealeiy the small traders. who
REsn III Tor the most part at low
shoss profits look attractive and
zssiisnce for greater ones is being
q another bulge and then a recess
. these people may be heard from,
u same time the waiting bears will
AMY Of the latter unquestlonably
-9easant losses staring them in the
us Tine and they can we'll afford
@ optoas down with a great show
Wy unul the figures are reached
|uJ eau quietly cover.
Il" ioEk cotton exchange today is a
a1pig-grcund. Never before, per-
= one sentiment been SO apparent
y such authorities as Ellison In
and Alexander here assert: Never
statistical position been SO strong.
I @irg IS certain, as far as such
!. pe mat to any one who Is en-
'Ap ialr amount of patience ana
u purchase cotton options in prebar-
sAeV months of the new crop the
.ssata In the way OF a substantial
z Gene, for as DR., b. W. Rash, a
81 vas long followed the cotton sit
V exchange here and whose opin-
= q. oesn uniformly correct, said to
I. .ssa'a'ive Of The Post today: The
! !, ua' can be, by any possibility. ex-
N " new crop will still mean that
u ~ wy De far below the demand.
g y tue beyond a reasonable doubt
! e's'lience on the one hand, aud
= 80 'eeoYery of washed away crop
y ~ can alone save the situation.
ue cotton spinner VINO has
!. manufactured products far ahead
!, -, eav.ed. Ths economic results
S 70 follow Will not be, prom
'''ss'asr good.
4 - woes not take in consideration
suea one-slded market as at
we inevitable fact remains that
! hat is made must be closed
i most part VIII be closed in GER
Y. groups after decided adj
~. 1sen made and will cause
\. not greater. declines. Espe-
!. Use Periods to be looked for
$50 long, tiresome inactivity has
j 0y those who. having book
! 0sConing impatient for cash. The
N. must De remembered. as to the
az discounted. The-weather map
b msy ne thing has been done.
L "a experience a fictitious de-
rss sef occurs after a consp.cu-
.sys ~ oe reokoneu that the bears
L -, inning and, as the bear Cd
lspt,hl,e s the clever manlpulator.
d n. be decided one. such a
Eies,nr ssent an opportune moment
Y hsd 70 remember his long con-
N, be, Ester on the contrary forget
c sisbs. VIII present a chance 10
'lslihe 70 scalp the market to 20
lasss 4, vital his eyes open and 90
! tc,,s" cover when the break has
esssu,Neyer, 4 chance that tho mar
alton ~ ~ practically the same
VA on, MI an Indefinite period and
! bai P.ion close with monotonous
lh M. Ais does occur II viii mark
nan OF the New York exchanEs
"sss VIII not be to it's ad-
Stuart Acheson.
NH