The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1901-03-31
FON'S TIME TO TURN.
Ilish Sentiment May Be Seen
This Week.
lions NOT ALTOGETHER BEARISH
Are Many Buliish Features-Next
Crop Months Are Considered
Too Low.

Special to The Post.)
York, March 80. For the first time
tonth there has been a market this
lNit1 two sides to 1t. There is q de.
Ebnlllsh sentiment displayed OH the
bge and an equally strong bearish
Nelther side, however, is very deter.
nor Is willing 10 back up It's IDEAS
great extent by active operations,
Eertheless they talk higher anu lower
8just as II they had money In cotton
1ke. One or two days during the
fsaw the market go up and on thd
y displayed a downward tendency,
as quite a little relief to see some.
tthat in a vague way rescmbled a
{hnd while the best opinion that can
qncd is rather against change of
2ent, still 1t Is felt that the overdue
b. may be at hand, and that a little
r. IS not Improbable
tqnes,lon which faces the cotton mar
IS now Is this: Have the unquestlon-
bad features in the market. such as
Reproduction, thc promised large
Nhe surplus in the hands of mill own
nd the ability of spinners to produce
ktban is needed. boon discountsiy ~
ken OF course u rise is legitimate and
4 be looked for at once. but the uurs-
b very deep one ana one that on its
Ahe operators of the New York ex-
n have not solved The chances are
l,le that the bear side has been III
II ove,dnne on tncbni,oi r,,,,r,, =,
-
hHturAl inr rue market to run so
" clther uirGctlou without overstep-
sen. lue pear interest that is In
Pa is nor y strong nor determined
lSe eonSluerdhIe covering. Now, there
lWaHs opefators ON the exchange who
p condition OF nHairs and are. glad
" 10 take advantage OF Il, and any
Nho is "lliihS 20 quietly gain Il line
r. COTTON ana then spend Il little
\ masking some OBSERVATIONS purchases
Fly TO see inc pears become active
prices advance WIN some suddenness
froht 10 themselves. with THIS con
Y oi HHsirs SO apparent and the
~ or WorMhg such a manipulation ~
III Is really 10 be wondered at that
ghdrp advances nave NOT occurred nr-
! hls.
hla5ter oi TACT, tne rises that have
pace nave merely been tollowinSs Of
+Nerpool matkeI but THIS does not
whaI on MS face II may appear to be.
ttio1 oi Liverpool mas been peculiar
r. OF the week ana tne story is thnt
EnGllsh market nus been manipulated
8Vhls side' rms ~ cutie likely TO II,
Sc MS tuete mas oeen an element OF
tuth mess ABOUT the rises ana falls
~, which give color to such tale as
u n
NeiPlh uouse mas USED lts foreign
pES IN thls country, ana SO decidedly
fne American public been impressed
4 me SUGGESTION tnht inns was the case
A was oniy necessary 70 Dring Liver
n up on down 10 nave me local mai
~ IN the same way. II ls the only
r. Ior tue actl3u ol tue foreign OK
~ thlSsWeek. unless Amerlcahs are
pneh' ar thelr own nuvahlage, What
ElaVe cone rs very Ioglcai.
tllne Is propri9us' IN lact, Tor sucn
kas ms There is no very strong ele-
10 ne toun1 on me iocal exchhnge,
~ Is allowed 10 drlit apout pretty
as " cares 70 or ratncr as u ms
II at Tue nenest OF any optrutor VINO
10 manipulate prices little. Here
IN De mentioned however that thpre
Emors ABOUT OF one very large dealer
Imcr days having renewed interest
Il market. ana that upon the lohg side'
r. broker put II to the foSt CORE
penn TO-DAY; one or the cieVerest op-
n that New York mas known III re
d years Is taxing an lntelsSt IN Ihe
~ founE ana Is thoroughly nuliisu
4 inc situation. may NOT mention ms
as tnls man is NOT supposed 70 op
rs IN COTTON or anything else a. rms
1 nevertneless ne dlu great neal 10
pNeeS up year ago ana tnere IS
IL mat ne may DO the same thlhg
Il
~ tnerc Is some truth IN TINS runor
~ stated as fact, mt now tar tne
OF bygone Gays ana OF today
mihd 70 go at THIS time cannot De
III; H. Is really the case; however,
4 ms sentiments are SO decldcdiy pull-
IN Is Solnethlng no ne considered III tne
|lon TO-DAY: because Whatever may or
'ot ne sald apont nlm' MS Judgment
? long run cannot nc doubted'
,ne othef hann. the very un1ortunhtG
Lnon Is presented where the normhl
Fruon OF me mus is httie rnnrs
eIual 10 me normal demand. II Is hoe
|ucn lhat the crop " or Is no, golns 10
|leater IMAM the previous one, hut rather
FlerS N Sucn that no normal upnlanu ~
country and abroad could dispose or
TX! large amouhl on Roous Witt, NV
Pally put out. At least this much can
Eul at the moment-lf me thlna mar,
lolenen ana indla was nourlShing M NJ
~ i3r our IanrlcS' innings hlSht ne ~
IT, .nnt as they stand, win me IN IN
n increase Of spinning In the SCUM