The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-05-03
shortly after on fresh buying In antlcipa-
ton of very bullish visible supply state.


ton of a very bullsh visible supply state
mcnt.
figures proved 10 be henrish and caused a
break Of 10 from the top. There was
slight rally near thn close on a correction
or the visible, which was only momentary,
as the demand was freely supplied, maklng
the net loss to points on the day:
The amount brought into sight for the
week was 10000, against lil,oo0 last year
O,G46.O0c, against a,3s0 000 last year end
S,6Gs,OO0 year before last, an increase Of
cess OF year before; therefore the movement
on its face points IN a crop OF lp,6ip,ooo.
compared 10 last year, or to crop Of
lQ4T4.ooo II compared to year before last:
The total stock Of American ashore and
nnoat To Liverpool Is lots. COO against I'll
600 last year and $4,000 year before last.
The lnterlier towns during, The week re,
ceived $4,000, against $1,000 last year and
1900 year before last holding In stock
$4,000 this wear, against 461,o00 last year
and ,2o7 600 year before last. The Visible
supply Of American decreased 102 600 dnring
the week, against "a .0o0 last year and l7i.,
600 year before last. Notwithstanding the
fact that the amount marketed was 81 600
less thnn last year and 14.oo0 more than
year before last
The restricted takinGs Of American GOTTEN
during the past two weeks demonstrates
that present prices arc curtallng consninp.
ton. Sentiment continues hullsh but tie
more conservative element Is letting the
summer months alone nreferrinc m hny the
new crop months, owing to. the large dis.
counts. H. & g. Beer.
Caraill &. Richardson's Letter.
Houston Texas. May Cotton see.
sawed backward and forward today in
small range one hour showing the bulls
confident and the market firm only 10 be
followed Inv large selling carving prices
down a few points 70 begin with. Liver.
pool was a disappointing market Tho
light Houston estimate aud firm prices for
spot cotton az New orleans were bull fea'
lures, while New Orleans estimate and the
visible supply statement were both cons.d-
cred bearish The real weakness 81 the
ccived inst before close that James r,
Keene Of Sev York was dad This runner
NOT oniy helpeA degrees cotton; but started
ket II Is 70 be hoped that the gSpost IS
unfounded, but should 1t he tluc. general
depression may he seen IN the stnek uiuket
and an easier feeling In cotton, Next week
We Will compare against the amount %
come Into sight ~ 1856 Iast yesr The
weather map this morning showed gnoa
rains IN Georsin end Northeast Tennessee
elsewhere weather generally fair Fore.
casts for the entire belt aye for partly
cloudy weather, With exception OF West
Texas which Will lie claal. While mafket
is being fairly wei maintained az the De.
cline. 1t has. 10 great extent lost snap mi
the huoyaney 50 chnf1ctefistlc Of hull
market. and we would advise our frtepds
dept on sharp declines, for notwithstandirg
the statistical position 81 cottan Is lust as
strong as ever influences may he az wefk
which viii prevent much Improvement for
the present Liverpool is due 70 be- i-Ged
higher tomorrow, cafslll 8 Riehafdscp,
Richard Cooke & Co.'S lsster
Houston frxas Nsy Hsuston csti-
mstos Of onefcurth n last year. gave fhe
bulls new courage, hnf Asp Orleans epiiie
with three times as much ae one year ago.
The weekly into sight was 5000 less than
one year ago The market advanced X
points from fhc bottom dud sold az 30
Tor July IL New York. thea under heavy
liquidstion sold down TO $50 IN 4 shnr,f
time The statistical position T. SIN
strong but 1t requires contlnued hnyinf 70
keep the market up, especially at tpe pres
emit level and one can see BY the ease Nif1
which the market II put down, that there
is great nervousness among the hailk Leis.
II course. viii disappear should lereirts
drop Ia where they ara expected The spot
markets did not follow the derlips
Richard Cocks Co