The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1901-11-01
CONTRACT VALUES ADVANCED.

on two near months and unchanged to 2
down on remotcr ones. small decline oc.
CURED at first after which the scale
ranged continuously higher throughout the
morning with only slight setbncks and
went the best on the noon call. This level
extended until the Inst two hours Of the
session began when II ranged gradually
lower until the anal cali was made. In the
net result November and December ad-
yanced and 4 points while the later
positions we're unchanged to higher with
the single exception Of August, which
gained II points.
New Orleans started and up on Novem-
her and December and 3 to MP on further
months. A slight improvement occurred
then a small drop when the lowest of the
day was reached and after which the ad-
vance was slow but steady and touched the
highest before midday. The range was
to points lower for two hours afterward
but in the last thirty minutes an advance
set In which brought the last call near to
the highest Of the day. In the net result
November gained 10 points, December o
aud the balance Of the list increased Z and
points. Sales on the American side
amounted 60 10,423 bales. Spot quotations
declined Lice at New orleans and did not
vary at the other ccntcrs.
The movement was again Of bountlful
proportions. Receipts at all ports for the
day were 76,6s1 bales compared with a.
s74 for the corresponding day Of last year.
Since Friday they have been 350,0o3 bales
compared with 359,53i for the same time
Of last week and 259037 for the CORE.
spending time OF last year Thus far in the
season they have been 1,Q3o,s67 bales
compared with 2.0Ss.O72 for tho same time
Of last season. Since Friday exports have
been 321. 74S bales compared with 234, 52S
for the same time Of last week and 2G,Js3
for the corresponding rimc Of last year.
Stock at United States ports for the day
amounted to G14,65 bales compared with
$50, g35 for the same day of last week and
$40, 457 for the corresponding time of last
year.
The Cotton Trade journal has the fol-
lowing In Its latest issue
"a London dispatch to the New York
Journal of Commerce says that the In
creasing tendency 81 the American pro
duccrs Of cotton to combine for the main
tcpance OF values Is regarded as a very
serious factor on the other side. seeing
the apparent lnpossiblity o. obtaining
sri stitues for the American staple in any
u ing like sufficient quantities. 10 free the
orr states Of .he American Union
For the past few seasons The South has
been rrnc ually bnt steadily feeling the
good effected Of intelligent handling by
higher prices for the product. and 4 Is
pleasing to know that the effects have ut
lust been felt abroad Since he farmers
abandoned the hope OF maintaining the
price Of cotton through million dollar
trusts and other fake combinations, md
have become their own judges as to the
methods hey viii pursue In marketing
the crop, decided Improvement has re.
suited. The holders Of cotton have come
TO realize TINT their interests are best
conserved In their own hands, and acting
upon this they have sold when conditions
seemed to warrant II. and held when there
was reason ia believe higher prices were
in store. This they are enabled to do
through the banks and warehouses.
which have in recent years shown liberal
consideration In extending accommoda-
lions.
The policy referred to in the London
dispatch is one II seems is to be followed
IN by extensions calcu ated TO perfect
and make II more eniIcaclous in its work
ings. This promises to be done largely
through the instrumentalitv Of bonded
warehouses throughout the interior,