The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1901-11-06
A BREAK IN COTTON VALUES.

but baked In the home stretch. Sales on
the spot amounted to 5000 bales at I'M
changed quotations. Deliveries on the
final call dropped 56l6-64d.
New orleans opened IL points down on
December and IA to 10 lower on later
months. There was n slight jump Mt first
and the best Of the day occurred early In
the session. The level kept about the same
for good part of the morning, but took
several point drop Just before midday
losing to points. The range varied very
little from this level throughout the bal
ance of the session and finally closed l to
points above the lowest. In the net re-
suit December and June declined II points
and the balance Of the list went IS points
lower. Sales on the American size
amounted to 1902 bales Spot quotations
| dropped Lice at New Orleans and Calves
ton and dld not change at Houston.
The volume OF the movement was sim.
ply immense Receipts at all ports for
the day were 5000 bales compared with
57,9S6 for the corresponding day of last
year. Since Friday there have been 1s3,
30i bales compared with 215,176 for the
same time Of last week and 151 ,431 for the
corresponding time Of last year. Thus far
in the season there have been 2.231, ia
bales. compared with 2,262 234 for the
same time Of last season. Since Friday cx.
with l7i.045 for the same time OF last week
and l56,978 for the corresponding time of
last year stock at United States ports
SF %ai the sa%e day Of os Mrs
and eO83S2 for the corresponding day of
last year.
The latest number OF Cotton, n Man
chester publication, put the situation as fol-
lows:
The probable SIZE OF the crop Is not ut
the moment regarded as controlling the
| situation. The question Of local supply
is a much more important natter. though
even this is considerably modified by in
creased receipts, more cotton at sea, and
presumed indications of large movement
H. the near future Holding back has com
/ menced too early. to last; Holders. in
fair quantities, but the price Is too dear
| for much business to result.
The question !s whiCh VIII give way the
! frst-wll the holder In America he forced
/ by the weight Of the crop behind, and for
| financial reasons to sell on a larger scale
at lower prices or Will the spinner in
| view of bad trade conditions and poor out
! look for improvement thereof be able to
afford to pay the present prices?
The Cotton Trade journal says Of the
Sea Island crop Much of the damage re-
/ ported to the sea island cotton crop this
season Is attributed to plant diseases new
to the oldest growers. Reports from some
sections indicate that these diseases may
develop seriously TO planters though their
nature will not he known until they are
thoroughly Investigated. Specimen plants
have been sent on TO Washington from
Florida planters, and reports viii likely be
made as to them In the near future. The
analysis by government experts will be
looked for with interest. A serious pest
would he cause for great uneasness among
planters, owing TO the cost of cultivation
of the cotton
Houston's estimated receipts for to-day
are 1900 to 1900, against 81 1875 last
year. New Orleans expects $4,000 to 10,
COO, against II ,260 last year.