The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1901-12-28
caraiIl q Rlchardaon,s 1 ettar.

Houston. Texas, December Q1.-@An array
Of beaiisn movement ngdrts CAUSES cotton 10
weaker TO-DAY. Evetythine eariy his
morning was encouraging TO holders. hiy-
erpool was better than expected 1850 up
and our markcts wore wetf suppoortedi
wlIh good buying orders, but wien ithe
posting OF the movement ana report OF
2c.NOo january notiCeFsin New, Yofk. the
support ceased and the market ruled easo,
until near the close when some covering
by shorts tifuNed prices Liverpool closed
down; New or orieans sSi 10 = Ssd5h Spots
we're quoted lis lower ID New York Heds-
ton, Galveston unchanged it New Ofleans
Fort feceirtS Tor three days lis, 1872 against
received today 1852 againsf 2fAo last year.
Into eight Tor the week SSS,SSs dgainst
sSIsAs sst =, yer saa Total % DAT 2 sl 2ls
interior towns received 2oi SOS against aOl,-
3os in 1900 Stocks 65i,oo1 against 1885,.
gay last year The large receipts today
tGat II is onis natural that we should see
free movement for few days from the
accumulation 81 Christmas cotton, hut with
nehind the movement In 1901 wei posted
people claim that stocks In small interior
towns are being rapidly depleted, which
must soon be reflected at the eVnters. II
tn proves 10 be true undoubtedly good
Oull market vii develop IN cotton. 9s sen.
Un1ent Is hullish and traders are beng
Liverpool is due to be UNCHANGED tonor-
row Cargill 4 Riehardsent9
New York Review
New York, December q. The cotton mar
ket opened steady with December points
higher aud the other months unchanged to
points higher In necordanee with the dd.
vance OF y point 10 Liverpool The open
ing figures were the top or the days how,
ever,1 tor the bic receipts at the ports start
ed liquidation soon after the call and tcf
the rest Of the session long cotton came
out steadily. Prices gave why under the
pressure at the lowest touching S,o4 for
January, Sal6 for March aud 8. = for MAY
There were slight reactions from time 90
time on profit taking by stalpers and buw
tug for "a turn ~ rbut The IKE neral course
OF the market was downward. Large estR
mates for thmorrow's receipts ana n big
I'm sight movement for the week dis
eouraged enthusiastic support Commission
houses rad verJ few buying orders. What
appeared to be short selling fot1a MFil
street arm. once a marker leader I'd cntfon,
was a feature OF the afternoon Settings
came In from the South while the spin
ners refused 10 bCiy contacts 4 hear lao.
tor w6s III the Issuance OF 5000 10 1000
January notices Investors who had huugit
from the houses which rendered this cotton
We're naturally not'n "a position 10 receive
rs st Rp weshsr s ruling JanuaFS tRsS
the rest OF the list from opening 70 closing
Predictions fnr A movement In January N
eNCeSS or last IdhUHlN Aho lANOThoie Wtdtu-
er conditions SotTh mad some emect South
EN- Imarkets show, disposition 70 sell,
thoughpfices remained unchanged from tht
otirient figures Yesterday. Just before the
close scalpina shorts scrambled Cor tpro1tk
nj fear Of higher cables from .Lverpoul0t to
morrow, This buylng adeaheed prIceb shaFp
ly and closed the market with the net loss
reduced to a few points. = af1lNr1 SGT
Cooke, MoskoWitz & Co.'s Letter.
Houston Texas. December 27,AWith the
thirteen interior towns showing an Increase
of 1000 orsr last year In half week. the
into sight 10000, the ports 1900 more the
estimates for Houston and New Orleans
10000 more the market did remarkably
well, New York closing 8 points Iewef9
Win New Orleans, oniy. 3 down. The bulls
take consolation in the knowledge that
the cotton has been counted earlier, and
the stocks IN the interior towns sre less,
Will the ports are gainipA. The sitna-
for an advance after The hoidsys and
we cannot change our views at THIS time,
and any ldeclips think; # 4 purchase Liz
| morrow. Cooke Moskowitz & 90.