The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1901-12-25
COTTON VALUES RULED LOWER

two hours reached the best of the day.
slow lat gsadual decline started after
ward and cNusiug the range to stand
around the initial figures for an hour after
the noon call and confined to very small
VACCINATIONS A slight easiness followed
and prevailed until the final half hour of
the session when the same was again re-
covered. In the net result December drop
ped points, January and April and the
balance Of the list lowered . to points.
New Orleans started 3 to g points he
hind the previous close A gradual adj
vance occurred in the early moments, max
Ing top figures, md was followed by q re-
cession in the first hour. The level
scarcely changed until the midday call
approached when another small decline
caused the lowest to be touched
at that time. The range Increased
point from this position which
constituted the range until the gong sound
ed, from which there was not over /
point deviation. In the net result Deem
Der and January lost points, February
declined . while the later deliveries de-
creased 3 and 4 points, Sales on the Amer
lean side amounted to 6s07 bales and spot
quotations were not altered.
The ngures Of the movement lowered high
above the last seasons Receipts at all
ports for the day were 65723 bales com.
pared with 36.921 for the corresponding
day OF last year. Since Friday they have
been i7s, 1919 bales compared with 1G3,s55
for the same time OF last week and ia,
922 for the corresponding time of last
year. Thus far IN the senson they have
l.a1 Fa NagF rod trHAGh 4
l40 for the corresponding time of est sea-
son. Since Friday exports have been 1872,
66l bales compared with Gl,3Si for the
same time of last week and 19iO23 for
the corresponding time of last year. Stock
at United states ports for the day was
1,02l, i34 bales compared with 96l ,42S for
the same day Of last year and 0569T5 for
the corresponding day Of last year.
In a comprehensive review Of the stua-
tlon at present the Cotton Trade Journal
says in fits current Issue:
I'm the absence Of important trade de-
velopments during the week the Increased
movement and somewhat freer offerings
OF cotton may be accounted for as the
Christmas movement" Many holders had
determined TO sell their cotton before the
holidays, made necessary by their desire
TO either raise funds with which to re
business and clear the way for the new
year. In fact, preparations for the new
crop by buying fertilizers, farm implc-
ments and other necessarieS have been
making for some time.
The pressure to sell on the part OF nu-
mcrous holders did not have the effect OF
depressing prices very materially. on fue
whole, the market shows slight change due
largely TO the fact that Nlch offerings as
came through the trading ccntcrS found
demand at or near the asked prices. If
this demand was not found In most cases
the cotton was held.
Indications SIN point TO an inclination
among spinners to accept present prices.
and. with. any encouraging Improvement
in the trade outlook It Is possible they may
become anxious buyers. The Now York
Evening Post says the cotton goods stuu-
ton is described by cotton mill men US
very promising The holiday trade Is re-
garded by some as unprccedcnty good.
with the outlook promising a big spring
trade. Fan River mills are reported sold
ahead on some lines until then and South
ern mills are reported sold ahead on coarse
goods until March shipments. and the con-
sumptiye demand Of the New Eugmud as
well as the Southern mills, for cotton, Is