The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1901-11-04
WEEKS COTTON MARE
CONTINUED DECLINE HAS Ur
PRICE CALCULATIONS.
A Spell Of Bad Weather May
Conditions and Cause a Quick IA
New York Weekly Review

New York. November 2.-ns Z
tiuued decline has upset the bes
culation Of those who We're supvup
be most expert In determining The
Of cotton features. Prom day to dgt
action has been looked for. which hes
to appear and the result has bse
the futures are at an exceeding
figure. all things considered, and az
Of price is now vaguely spoken &
them. II was thought that evea
everything occur that Is pscpitIoas
growth OF the plant, aud should
weather and large receipts contly
limit % which tho values would y
not so FAR down as that ALREADY n
for them. However, it Is shown to "
case that 10 bottom can be put gp-s
commodity and that II continued N
Is brought to bear without any reid
continued advantageous climatic
tions. 10 or 20 points can daily be 3
OF the quoted prices ana the end VI
probably appear when = s1hins n
happens TO give new tuia NJ (ueSssl
TO their idea OF what cot 81 EGa
The present decline besa ith tie
atoms OF one man or T. ,flaps ! q
clique. and has e1tendcJ' Sinto u +
and ME Of spectators and eonssf
men generally until selling has bec's
order OF the day and men wlihs1
can put on snort lines until then Z
question that the market is lagsI
sold and an enormous amount Of 90.
are put out, which, In the nature oth
can not be filed, but must be hosp
II is said that every warm sunsav
Of the past week has made 500
I bales Of cotton, and this !0ea y
Uut by the way in which the ~
rushed to ports for delivery abroad
were only matter OF port recsr
creuSlng, the matter might be eas.
planned, but IN connection with y
iargemCnt the interior is constantly
out with big figures for tne eotia
Is appearing at such points.
course. necessary for the farmers
tain money at this time, and 10
all that mas been said regarding ~
perity Itself, the failure OF one
banks In the cotton belt has shosl
immense loans have been put OIL
the standing crop. Evidently the
| has esta blished very excellent cfeI
It's banks and has not failed TO use
Ing the past winter, SO that az pre-
Is called upon TO deliver and
| goods IN order To satisfy the no'e
are out against Il. This process G
keep on indefinitely and the on.
/ the banks have made upon It's ecf
have not ceased. Il Is reasonlS
| heyed that the immense receipts VI
\ with gteat suddeuuesS in fei
while, but one is reluctant 10 eye
| bulllsn these days when so muea
| polntment has been felt that las,
figures can he belied in immediate
result II Is known that the way II
cotton is consumed has not perlp.I
/ It's being stored or held over for tA
Z In which none VIII be Forthcoming
I condition exactly opposite to thai
now Will sooner or later be az haE-
! ability which the market has 81,
keep down with this apparently ~
situation before 1t Is one for whlca
| PLANTATION can he attempted.
The harm that has come 90 ~
| Investor in cotton and 10 his ~
| very great, but IL may he said w
this time margins have been fln
sustained. and not very much "
sacrificed III the end Of the as.
really In sight Evidently the
| operator who has begun to specuisE
| ly sells his actual cotton 70 ~
| OF his long" contracts put ouI "
/ New York and other markets. ~
/ grim determination not 10 lose Y
weeks operation on the erGhanas,s,ss,
! be has lahored 10 obtain all snm
/ Is holding on to the cotton he hss
/ promised 10 deliver by contract
/ Ing that a turn In the trend OK
inevitable The greatest disapP....
has been that killing frost has
| penied when such seemed 81 llkeis +
| Of weeks ago.
II seems Incredible that for a w
| longer TINE the same state OF ~ "
| beneficial To the growth OF the pits
continue and Il ought 10 require y
| tie alteration OF climatic conditos,
feet a new movement IN 20 npNsns
ton. stuart Aes