The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1901-01-13
MAY COTTON
Undoubtedly Prove the Strong
Months in futures.
CONDITIONS ARE BUlLISH
), However, May he Used
. a Temporary Decline.
. General outlook.

ia S peeidl 10 The Post.)
January 12.-Undcr the most
eumstances It takes a very lido
upward move in cotton. and
position in which the market
hist now.
Id time activity on the stock ex-
with cotton; the re-
of the past week has taken away
(which was Just beginning sto be
4 commodity. There NAV not hayo
inch liquidat on due to this, but
py desracted from the investment
was becoming feature. Tho
#unfortunate, as this steadying
&ry much needed aud was prov
uahle. There is always danger
Wctuations IN a high market and
ono like the present, which was
Il certain extent on sentimental
one keen broker said today:
hra not willing to ri k very much
Moi feel assured that any attack
#make on the market could be
It'll the sentiments so strongly
Lie. on the other and. buyers
a further decline before getting
*,however, would not be at all
8the next move was upward"
<3er of fact this belief in an ad-
Ding enough to prevent tho crea-
Mort interest OF any considerable
81 lack of this. in fact. is an Gle
1likness, and short covering could
Ia to large enough extent to
|&sis for a now move. Probably
a little easing of there would
|8shorts who are willing to sell
n form such an element. but they
Nearing now. when the market
ICED of them.
n has been steady at opportune
I'D has given the market a firm
n which. under the circumstances,
I'D dullness. There has been con-
Nylng, said to have originated
Saource. The feeling abroad has
N and private adyices from the
|cate that rise is confidently eN-
Nos as the spring advances, es-
n grades most suitable for export.
ISL then, it would look as If the
~ an advance were exceptionally
MAJ only the idea of a temporary
k4ng place is causing the lack of
NJ lack of interest in cotton gen.
ID is now apparent. The PROPOSE
TIA good one from any standpoint
&c that nj ght be gained by wait
Ver figures is not ant to compen-
Il considerable greater expense in
k{pr.ce when they finally make UP
\ to buy.
INC question but that certain ma
Mare going on in the nearby op-
Spossibllity of forcing the current
~ unprece iented figures is too good
~ neglected. The local interests
IA this cpslon seem to be satisfied
IN ldings and there is little dis
N the part of others to take adj
<the occasion and see the month
lfhe appearance here Is that the
III little congested on the long side.
Hfongest sort of hints are being
I3That similar maneuvers are to
I'm March. and even May. There
Nance Of this occurring. but such
the long run are not conducive
Mness. AS a rule. they leave the
Ia strained condition and are very
VI wind up to cause a setback which
v about all the advance they have
~ March should present the strong
,the season. If the conditions in
Drove to he such as might now be
Ar them. then there is likely to
Ia. est S ringency felt in the raw
Z this option natures.
IA question is having a little in
fact rather less than 1t should
Is like the settlement of the diff
a there Is bound TO have an en-
feet upon the raw goods market
te it could very reasonably bt
pull argument and this is in sigh
Post any moment.
bet needs some new event to tak'
IN Viii wake it uD and give al
II another advance
Z is said. the intrinsic value o
BOT to be disputed, the New Yorl
" not appear at raetive by reason
thy existing in it, but the price
b for the futures can not be sal
d or present a bad ba is for specu
III Stuart Achesou.