The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1901-08-02
CONTRACTS ARE HIGHER.
Late Summaries Show Crop OuiIooI
UnfayorahIe.
THE SPOT DEMAND WAS IMPROVED
f4ouston's Gross Receipts Only Exceed
ed BY the Record Of 'e9-Severai
First Bales Received.


DAYS. Several reasons combined to bring
about brlsker feeling and, while the
stimulation may not be of lastings quality,
the reaction worked very well fsf the day
on the various options.
The Journal OF Commerce's summing up
of the crop conditions to be 1853, decline
Of IL from their July estimate, was clrcu
lated through the avenues OF the trade,
but the effect throughout did not indicate
that the report was received with very
serious consideration.
The New Orleans Times.D Democrats
monthly statement gave the condition out
side Of Texas and Arkansas as marked by
improvements, but Of these said: Texas
and Arkansas have gone backward during
the month, precisely how much it will be
Impossible to say until the effect of the re-
cent rains in many neighborhoods shall
have become clear
The best influence. no doubt, came from
a somewhat better spot demand. Though
transactions were not a large scale, the
tone OF the market was improved in this
respect.
Liverpool was steadIer, though not so
nctiYe as might be wished. Sales on the
spot amounted to 5000 bales at quotations
1-82d lower. The contracts were unchanged
to 1-64th higher on the final call.
New York advanced points August
aud gained from 8 TO s points on the new
crop positions New Orleans went 10
points better on August, and was mp from
z TO 8 points on the remoter deliveries.
Spots were only altered on this side at New
Orleans going lower lite. Sales at New
York We're 31,7To bales, of which $4,000
were for contracts. A the other leading
American markets no bales sold.
The movement does not exhaust Itself
Net receipts at all ports for the day were
2167 bales, against 1873 for the same day
last year. Since Friday they have been
1884 bales against 2140s for the same
time Of last week and 1891 for the same
time OF last year. Thus far In the season
they have been 7410,047, against g. 1873, 537
for the corresponding period Of last season.
3S,373 bales, against 625S9 for the same
time of last week and sc, 700 for the CORE
spending time of last year. Stock at
United States ports this day Is 332, 100
bales, compared with 37OS55 for the same
day of last week and 1929 for the same
day OF last year.
Advices usually give evidence Of a back
ward crop which will doubtless bring the
date OF frost to be considered as a prom
inent feature bearing upon the yield. The
government report 10 come out Monday,
stu holds the attention of both the profes
sional and the public and each are awaiting
its appearance with an anxious interest.
Fairchild & Hobson wired from New Or
leans:
Texas crop conditions: The situation Is
regarded as decidedly critical, even with
dispatch from Dallas. The yield will be
short.
Rains in Central Texas reported from
Houston. A big rain fell this evening In
Burnett Williamson and Travis counties
along the line of the Austin and North
western railroad. The downpour was heavy
nch ~ fA1a At fcR
Houston's gross receipts on August for
s44 days of the season have been ?, 40i ,9iC
bales. This record exceeds the receipts for
the same time OF last year by 655, 745
bales and Is only surpassed by the figures
OF ls9s1s99, the banner year, so far, In
the number Of bales shipped to this mar
ket. The total that came to Houston fol
the corresponding time OF the year men
toned were 2.563,3S3 bales and the tota
receipts for the season We're 3.o43,059 bales
1t Will be observed that Houstons receipt;
at present are about 6i,o00 bales behlnC
those of that year. During the mouth o.
July 24.1S1 bales arrived and 1t is reason
able to assume that the number TO arriv,
In August viii not be less than this. aus
may be considerably more. However. thu
amount recorded is sufficient to gve thi.
season second place In the history Of Hous
tons cotton receipts, aud the number may
not fall more than 100000 bales short o.
1900 when the month has been completed
This Is highly satisfactory showing and
while other seasons have exceled In th'
total produced from the Texas crop, tn,
one now near Its end presents n gain II
the portion destined for Houston that car
only Increase her standing as the creates
interior cotton market In the world.
Rainfall visited good number OF point
in the belt. Reports Of precipitation II
Texas came in from Abilene Columbia
sherman, Dallas, Temple. Longview. sal
Marcos, Tyler and Weatherford, also a
Wilmington. Savannah, Charlotte Atlanta
Montgomery, Mobile, Meridian, Vicksburg
Memphis, Little Rock, Fort Smith, Shreye
port and Palestine.
The weather bureau forecasted:
For West Texas and East Texas-part
iy cloudy Thursday and Friday.
For Arkansas and Tennessee.-F Thurs
day and Friday.
and probably Friday.
Following was the Bombay movement:
1901. 1900 1895
Shipments 5000 80. 800
First bales are beginning to come regu
larry. and the specials below will show ad
dltions TO the list;
Brennan. Texas. The first bale OF III
crop of 1901 ginned In Washington count
was received here today.
Gonzales, Texas.--'rhe hrst bale of cotto
was brought In yesterday raised In thi
county.
The range Of prices at New York an
New Orleans for the active months wa
as follows;
New York Open. High. Low. Closed
6 6asGss ..,4 ESQ ESQ ia TX. : 7ss ,
New Orleans
S ssESss, 4o I;,. 7-sS 7.Ss 7.5 5ss