The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1901-12-29

In yesterdays cotton market the laws Of
eause and effect operated to bring
vacuum In the net result. The weight Of
the raw material on the scale which meas
Hrcr values was quite Instrumental in low
agtas the beam and the big movement
block also clogged the builIsh wheel How
ever the true blues were like the ghost
That would not down, and the array of
takers on every small recession kept the
range so well preserved that 6 points
would have covered the days variations
Liverpool launched mighty air ship on
bearish waters which did not sail so easily
on this side Of the ocean. Sales on the
spot amounted TO 5000 bales at quotations
AIS lower. Deliveries ON the final call
wore S-64 less on near and 4-G4 down on
far positions. Lancashire splnners, It was
reported from private Information, looked
sskance at the problem Of supply since
fridays statistical information and Brit
ish operators heralded the incoming year
by waiting for developments during the In
terval. The crop Is plainly the fountain
OF thought In the foreign mind and ups
and downs appear on the plane OF action
according to its bidding.
On the American exchanges the size Of
the business was eminentiy satisfactory.
Inolement weather through the South 10
terfered with the sale of spots. Trans
actions We're pretty much restricted to
professional circles. The regular weekly
liquidater settled commitments and the ef
feet was felt at times. Pro6t.taklng was
INDUCED in to n large extent, while abb
sorbers We're quite as frequent. Exporters
very much wldened their scope Of business
nd he
ample field for the improvement
New York opened 10 points less on De.
cember and 4 to S lower on 1902 deliveries.
The scale dropped a point Immediately,
recovered it and dropped back to the initial
level, which ruled through half the morn
ing. a small advance then occurred and
made the range l TO points better until
The close was approached, when a similar
increase caused the highest of the day al
the last call. In the net result December
climbed up points, January dropped a
point and the later options stood un
changed 10 2 points lower.
New Orleans started down on near and
10 ) less on far positions. gain Of
10 points took place at once and formed
the level for the FIRST hour. Another up
ward move then started with huctuation,
hdtJNW until lhiIIy minutes OefOre the en-
Of the session. when top figures wer
reached. A slight easiness then followed
causing prices 10 range points until tn
gong was sounded, In the net result De
eember declined points, March, Anrl
and July kept the same position and til
balance Of the list advanced l to points
Sales on the American side amounted {
2446 bales aud spot quotations were no
altered.
The figures Of the movement showei
great elasticity Receipts at all ports 10
the day were 81, 1913 bales. compared witt
4s,35i for the same day Of last week, an,
57.So7 for the corresponding day Of las
year. Thus far In the season they hav
been 4,63t62s bales, compared with 44ll.
s07 for the corresponding time Of las
season Exports for the day were u 6G
bales, compared With 52.S2l Tor the sam
day Of last week and 2s,315 Tor the CORE
spending time Of last year Stock at Unite,
States ports for the day was 96s, 500 bales
compared with 97G.sl4 for the same da,