The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-11-21


sight by December / has averaged 80, %
per cent OF the total crop. Allowing for
reasonable receipts IN the next ten days
and applying this percentage to ,s the he, move.
is Indicated. The support was active from
the start and the strength Of the under
tone noticeable.
Liverpool was the inspirator Of bullish
action. Sales on the spot amounted to 1000
bales at quotations 2 points higher on all
grades, except middllng fair, which nd.
vanccd points At the close contracts
made a gain Of 6 to points
New York opened to points above the
previous close. This was the lowest Of
the day and a gradual advance prevailed
during the first two hours and formed
level that ruled until a short while beyond
the noon call. spirited advance then
began and continued for full hour, when
a to point gain was scored. The later
fluctuations were limited TO a range Of ?
points and a greater nrmuess toward the
close brought top prices on the last call.
In the net result December advanced II
points and the other months went 10 to 10
points higher
New Orleans started I TO 10 points bet.
ter on all contracts There was an imme
date rise OF to points, which made the
range for trading through the greater por
occurred about midday and shortly after
an upward move began that extended until
the last hour when best prices were
reached and maintained TO the end In the
net result December advanced IL points
ana the balance OF the list moved up Is
to 20 points. sales at the four American
markets amounted 10 12.745 bales. Spot
| quotations were raised 10 points Mt New
York, l-10c at Galveston 1kc at Houston
Low inlddllng and grades below advanced
rs ~ New Orleans and higher grades
gained 3l6c.
The trend Of the movement was not
altered Receipts at all ports for the day
were 426l0 bales compared with 40 249
for the corresponding day of last year.
Since Friday they have been 2T2 TO bales,
compared with 273,T0J for the same time
| OF last week, and 263. 636 for the correspond
! ing time of last year Thus far In the
! season there have been 320S,17l bales,
OF last week, aud 203,036 for the correspond.
/ ing time of last season. Exports, since
| Friday, have been l70,0i0 bales, compared
! with l4S.JSl for the snme time of last
| week and 1901 100 for the corresponding
! time Of last year stock at United States
/ ports for the day was 002, 234 bales com.
! pared with SiB,i64 for the same ddy of
! last week and SiS,3O6 for the corresponding
! day OF last year.
Following is the Bombay movement with
/ comparisons:
1909 1901.
! Receipts for week ........1 5000 $4,000
Since September 1,,....... 900 10000
Shipments for week ..,... 1000 5000
Since September ...,... $4,000 21,000
The Jorpal Of Commerce reports on the
cotton yarn situation:
The decline In the market for raw cot.
ton has had a more pronounced effect up
on the market for cotton yarns than upon
the market for rotton goods IL hn,
brought out splnners and sellers to
greater extent than for some time ant
has apparently iemoralized dealers who
lotely purchased on speculation AS re
suit there has been much pressure In tn,
market on weaving yarns and marked ir
regularity In prices Declines in some in
stances nre reported reaching / cent pei
: pound from recent top Of the market, nnt
there are few numbers OF either warp
or skeins which have not been adversely
affected. The tone at the close OF tn,
market Is poor. Statements are made thn
unsold stocks are In moderate compass
: but prevalent mnrket conditions are hard
? " In keeping with these. The deman,
has decreased, as sellers have becom,
more pressing, and only moderate amour
2 Of business has been done Hosiery yarn
! have been relatively stcadirr than wehv
2 Ing yarns, and although they have no
altogether escaped tho influence Of lowe
market In the former aud lower cotto
s quotations are fairly well maintained.