The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1901-09-11
,0TToN PRICES LOWER.
Absence of Speculation and Dull Spot
Buying the Cause.
kuE WEEKLY BULLETIN WAS BULLISH
vsrpool Pronounced in Weakness-The
Texas Situation--The Movement Is
Moderate--Foreion Gables.

,he cotton market yesterday operated un.
H., Influences similar TO those that FREE
Inently mlngle together. bringing a calm
HI feyerlsh atmosphere before disturb.
nce whose effects can be felt IN all the
shd A cloudy sky Is above the outlook
krom the field, dark and univltins fog
[urrounds the buying propensltes of spin
hers In the midst of both, the profess
[onal proceeds Into the elements well
kuided aud protected. and the public pre-
sers TO llng9r quietly under the shed of
+heir own roof. The lack of speculative
Inclination is consequence, and was u
torce IN shrinking values yesterday. When
BIZ stormy outbreak will come, or which
" the dim ylstas hanging DER head VIII
Ehog silver lining first IS the delicate
huestlon Of the hour. Each were darby
kolorcd yesterday.
The government report showed deterora.
Hon had continued in the growth of the
hlant foreign cables testified to poor
Remand for the spot abroad, and our own
Etbrlc makers were distinctly silent. stories
IN the condition of the growing staple have
been SO numerous and depiorable that not
|huch could be added to that account Mt
|fhc present time. The chances still for
|food yield to come forth are considered
Id the minds of many. But TINS these
|same chances may increase advcrstics is
hn influence that checks the venturesome
kplrt However, the posltveness of the
hrade inertia was potent and, together with
Ehe scarcity of the speculation brought
|bpots lower all around and the contracts
Followed suit Much Is yet left for time
Hnd nature to decide besides the date when
Hack Frost will appear on the scene, Hhe
bears vet contend for an advancement of
4helr cause In the showers that have fallen
and the bullsh side believe that now they
|Nlll offer them more aid than a further
|4routh,
II Liverpool was intensely weak. Sales on
|the spot amounted to 5000 bales at quota
Hons hd lower. Contracts on the last call
|ar0pped 66i ON current options and
|Fent 3-G4 less on the further ones.
New York opened at decrease of TO II
points. The range was slightly better at
|xhe start and the highest was made In
HE early part of the session. After the
noon call steady decline set in, but from
(which there was a recovery at the close.
Ia the net result September lost ) points
|and the remoter months to points. New
|prleans began to points lower and
made gain immediately. The scale rest
|ed on higher level throughout, with an
occasional decline occurring, but at the
|findup the best was reached Sales ON
las American side amounted tn 1921 bales,
|fhh an unusual uniformity SnJts declined
|fe g. New York, New Orleans, Houston
|and Galveston.
The movement was moderate. Receipts
all ports for tn. day were 10, s36 bales,
|forPSarea win d6,469 for the correspond
|Hg day OF ,ast year. Since Friday they
|nSye beer. s9,77s bales, compared With So,
|56v 80 the same time of last week and
In ~ Tor the corresponding time of last
an thus Ear in the season they have
ecu 1851 compared with ISL for the
same time of last season Since Friday
|$Aports have been 34,9G3 bales, compared
|4tIh Sz,na9 Tor the same time Of last week
tna i@H Tor the corresponding time of
Est year, Stock at all United states ports
|1r the day was 223056 bales. compare 1
|flth 233,52O for the same day Of last week
|4n9 I5H4VO for the corresponding day Of
Inc Texas situation was summed up as
|P"ows In the weekly bulletin of the
/ Weather bureau;
Galveston, Texas, September 1O.-Cotton
- vontl,nued to open and picking has
s.s'esSeu throughout the week. Some in
F c,inpmus9 occurred ln picking. over The
V'ohS where rain fell. Some local dam
IL was done to early cotton by heavy
Ens nut the general condition of the crop
Emalhs practically the same as last re-
kI ~ teW correspondents report pick
hllh lit EtntIhJ reports in
fcate this work will end much earlier
Ian usual In the dry districts late cot
Snn mas Has, continued to fall and where rain
EM Httle or no improvement is noted
~ s, except In few Instances, was n dis.
@enlts,a n rather imam otherwise to the late
|&o'.oh crop, which Is too far advanced to
|8& materially benefited. Cotton has most
III stopped growing and has ceased to
|Soom, ana CORE spondents are almost
ni Eons In reporting the crop as shed
|%ns pauly and being seriously damaged by
|$sl ana boil weevil. The general condi-
$o an 81 cotton throughout the state is OK
emeIy poor and almost the universal YER
INN OF correspondents is that the yield
| :" oe unusually light.
| Liverpool cable said: Market depressed
rt account Increasing shipments to Great
|& another was South Offering more free.
SUSTAIN market" W
manchester cabled: "Cloth holders will
IN 20 accept lower prices Yarns quiet
Inc range of prices at New York and
HIM orleans for the active months was as
New York onon utoh ~. c,oso
nUer ...... 7,6l-62 T.Gi T'5s 69G:3
|oHHHudfN AZ az - .-- ~, - ~