The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1901-08-18
COTTON IS AGAIN HIGHER.
! Small Business and Narrow Fluctua.
lions Were the Features.
MARKET STILL M 4 NERVOUS STATE
siouston and Galveston Spots Higher.
Movement Started WeII-Averaoe
Crop Estimated for Georgia.

ket yesterday again brought general adj
vances When later reports came In the
region covered by the storm disturbances
was thought to have Jared much worse. and
the weather In other parts OF the belt was
quite unpropitious. The extremes on the
scale Of values were near together and
nervous spirit was still prevalent
Liverpool kept very good record. Sales
on the spot amounted 10 1000 bales mt
quotations 116d higher. Deliveries at the
final cail made gain Of from 2-04 to S-04
New York was to points up at the
start declined about that much In the
first two hours. then rallied TO the open
ing figures remaining to the last. In the
net result August advanced l point, Sep |
tember declined points and October l. |
while the remoter positions were higher
and points New Orleans began the |
day unchanged to down. declined or
points In the early session and also re-
acted to the frst values, which were held
70 the Close. In the net result August
was points ahead. October and Decem-
her unchanged, with the options ! point
down. Spots advanced 1.16c on all grades
ut Houston and Galveston, but did not
change on New York or New Orleans.
Sales amounted to 1924 bales
The spinners abroad made no revelations
and are evidently practieing the aphorlsm
that "aii things come TO those who walt"
HIS philosophy wiz soon have to he sup
planted with material however, and when
he ls called 10 all the orders ~ reYiving
fabric trade. the demands OF others may
teach him that nc who hestates sometimes
loses. The spinncrs at home mast snon
Inform us about their needs and with In.
creased manufacturing facilities the ag
gregate consumption can only be enlarged.
sad condition Of the field has been re-
ported from every direction. md many
have concluded there must be reasons for
the fears OF those who believe that the
plant is beyond recovery In many sections.
The optimistic do not join IN these &c
counts however, and claim that with no
greater Adyersarles than now the crop
has merged Into yield that has turned
sorrow to Soy and made the planters shat
tered hopes a dream of delight Confront
ed by these problems the operator does
not enter into the scene with complacency
and Speculation is not even 90 bold as 10
take 8 hand
New Orleans contracts for octoter de-
livery IRE nearly Il Cent lower than tile
spot price at present. and glance az fu.
tufs values at the different centers shows
several anomalies. In the stfal ghtenlng
there will be a long range for somebody,
and which renders caution still more vail
liable. Tbe course OF commodities of every
class is upward. and the logicians hold
out mat the white staple Is due in its
nntufE1 Position to climb likewise The
rituation Is an unsettled though interest
Ing. one and while decreasing in the for.
rrer condition will increase In the latter.
The movement started well for tho nrst
OF the week. Receipts at all ports for the
day were 2294 bales, against 1918 for the
same day OF last week and sTs for the
corresponding day Of last year. Thus FAR
IN the season they have been T.i45.419
balee against 6,445,409 FOR the same tlma
OF last season. Exports were 1858 bales
last week and 1898 for the correspond.
Ing day OF last year. Stock at United
compared with 2gG.4TS for the same ' Nm,
Of last week and 81, 800 for the correspond.
Ing day OF last year.
Following was the week movement az
the principal interior towns and comparl-
This Last
week. week. 1900 1890
sSlPP% @sats s siSS5 2i,,$$S sSsS 1sSi Isl,
%ll be aS observed that stock at ali ports
interior stocks decreased 1o,2G4.
The worlds Visible supply was reduced
1887 bales for the week showing much
le5ger variation than the demand for either
1000 or 1899 called for.
Atlanta Constitution estimated the oeer
sfa crop at from 100000 to ,250, 900 bales
which would be only an average crop.
The range Of prices at New York ano
New Orleans fer the active months wa,
az followsi
New. York Open. High. Low. Closed
October ..-.s.i 1894 lbs Z 20 Z s3-8l
New Orleans
October ......T.soa 7.s1 T.2s 1901
January 7.35 1877 1928,
STEADY AND UNCHANGED.
New York Cotton Market strenathenec
by New Orleans Buying.
New York. August 1.-THE market
opened steady with prices ] point lowe
TO point higher for cotton aud much O
the morning was hesltant and news in hand
was conflicting to most confusing extent
Trade reports were the worst yet received
this summer. On the other hand were
arm Liverpool cables, bullish review OF
the week South by the Chronicle ana BAG
crop Aaccounts again from Contra, Texas.
The latter factor was additionally potent
BY reason Of forecast for continued fair
- -.