The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1900-05-13
Immense Long Holdings Possess an Ele-
mcnt Of Danger.
SAFETY IS TO Be FOUND ON BULL SIDE
Business Is I'm Hands of New and
Younger Men--"Over the Counter"
Deals Are Mostly In order.


a. nro.4,c,t,, nm rn,nour o,,on+,tv ana tha,
,ror, ord,rnrv stopaarda tbo imnenso ,ong
hoIa,pva nresent a decised eIenent ot aanyer
hut tho statistical nosition anpears On Arm
and rho h,ul sentiment so veli bssad that
thoy hot,ora safety DC or1v 70 ~ go,,rd IN
one aide And this may he said for their
contention. Never at least 80 long as nres
ent operators can remember. has Tho situa
tiop SO far ag the simple question of SUNNY
and demano Ga concerned bsan an critlcol
from +he manufacturers RtandpoInt and
further NJ mn time bnve the fncts of tina
case been so all powerful In Affecting nrlrs
In other ygordg manipulation DIsvs a anaIlar
mart in determining tbo ouotatIons for IN
ture contracts than IL has nreviouslv done
August cotton ia like NAV No surnlus IN
count tpon. no covering visible. A. ia all
spot in one sense. II the spiuners want cot
ton they must nav the urice All Tint ia
obtaiuable is in sight: there ia no going
elsewhere
Tho cotton market ,s ono nrico store mat
now This "a tho view tba, IN. bro,or rather
unU,II,nglv bas heen forced IN take NJ tho
cot,or situotiop NO II n,esopta it,eif "a
the New York exchange. The nit that but
n lune vbue a1o uas tba ece,o y, tho
greatest oct,vitv ia nor r,ournfrrv ouiet
The norning call thnt last wear was In.
co,abto 90 acorr.t, ro,o-,,,,,, -, ~. 80.
ts desnerate,v ann rba corn,tsston mo-,
who were refrains ordnr, NOV, watch 49,
the telenbones not willing IN b,vo INV ,ot
bv tber, IN. noc,,ior ros,,t, ~ tbo a. -,
,',ity hos haor IN so,arai go, -,
,rho,o orc ,or., -. -, -. 80
dea, ppon The cotton evch,,,o ,I,hn,,, ,oid
,ng rnor,horsb,r ,boroin as a.. -, 49,
dor ,rosor, IL, 49,,
u.iso,, aho,,, 4, -. ,t W.,
rnarv Who 40 ,,or,t,ar. AZ -.
h,,gtno.s H. 49, -, ~ ~. "S" Wv"
,,or, 40, o,,,,,, 49, o.. , - - 0'"s''
,o,,ort, .yo,,,,,, S., - t - r",.' '',''-
iar,a ,l,o.t,.a ~ 40 -, ""o nav
woe ,h,. tho h'at,s.. a., i,S"i.
1a '"'' 'ne "uA'"'SS zen 'nto inc hahus or
now do low u,siI ,'r,,',, -, , ionsS
that most ,ncortotn =, o,,,,t,.,as :. ~
lies buvspr II tho n,artot ht,,,, IL.
npain tho norti,inor,s A., ~. - -,
larger in number ,ho con,nai,,, 80 "
the chance Of locating th, onora,,ans a',I'o
For tho nrosent b,,,o,o,. ~.
must feel that their aooa for,rna g. -.
elusive. Custo,ncrs u,h, vii, not -.
about as ynIunb,o os noro Wv, ulu
of tbon, sald. wv ''' an AS ono
floor when cotton is ns q yoro on,,, 49,.
dealt in over the countor
Such is in fact very nucb ,ho ~ mn.
hitherto ,orso oior,o,,, IT. ne
cotton. which scaIpod no,nta which 49, =
living and sometimes ~ for,,,n - i n. "
tons and movements thew thcmsolyes vo,,.
largely created nro apnarcntI, t,,a.t,',S ~
here The cuest,on nra.orta - -'u'
one WHO krous tho oo,t,r a So 10 every
N'N'i''"bN " bt a
afford a field for snecnlo,i,o dna,,,,1.' ~. W
ara these mon s,i,,f, "'Ne, "hal
for any Immediate ~ r,,n, lam ''s
market 90 suscentlh,o % trtns. ' ',', ~
is hard to believe that ,hoeo n'ha '''' V'-o =
merlv so ran.hla =, a,,.,-,. Nv. "''o wore ior-
spulat,on ara ni,oao,ta. e,uNei man
tunities oppo'-
But II mis-, bo ,dr,t,.o, 49,
ment the closest scrr,t,r ,.,,S ~. 'io mo
such scbema in s,rht 'o'u"' "ny
planning hpt rather mo, Aone at'
.buck,, the ,no,or,a,t ,n,.s r-e N"'os W
can h. evnras,oa ~. ~, 'No p''oe mat
week ago as ,oid a., r,,n Neuies' a
a,,or,ntsa - nv ros' raia was
fried and signou,, 80 ees was
thing n cor,rtss,a,, 49, 20 ono
tices.. Soma o,,aor h1,s.s ~ no
delivered NV n s,no,, 49, sNs'n wore
bour rh.ss nanons no 'ponius
tbe ssllers 80 t"e"u mat
To deI,var T. u'o ABOUT
and IN ha MI, ePo' Vot'on
and. for that r,.,,or - oroAers
are cotton EXCHANGE o,ara NS. " s"ose wig
might as we'll ha Ms, ,ro,, - eu',i'iy' II
hardly know how % h.,s,1 ~ 'le'i o'o'"S
their hooks TN, -. ,',.,. .Ds matter on
inc nm IN the,r doo.o ,,,, - e"''" "'d"
eelyed ana tho, a. ,. e0s 20 Do re-
hurry sailing oraosS 9 INV Iulns--they
must be execnted :, 49,, eNS"nuso tns'
did so ON mis- oocas,aS w "''u "leH 1n'y
10 emma spa uvsra rr,o.,,, 49, se'a ABOUT
refused 10 bs ,nf,enoad 'su anu tape
Then Hestsr,s re,,,,.t 49,,
discouraeinx 10 apv vvbo has eNre.'eu D'',
to find the figures larger ana IL nO ~,
selling orders slIshtIv ,No,,o ,n WY n'o
thought they Jaw business 49, MA. Ae'
again was DISAPPOINTMENT. A few ion ' nr,o !
cuto4 ...t.. - ''"S