The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-08-15
Liverpool i-52d higher.
American side. Unchanged.

E'"'f~'N~0@'f 9'SCs @fE~F1GfFE
Tie horns q tie bull we're rsal!y serrs
- yesterdays session OF tie cotton yl.,ry
net. There were times when the bear
could almost vi-v the silver lining behind
the clouds but these uamenis disappeared
"ne0 fresh support was accorded the
staple BY the same interests that have
oeea conspicuous "a the recent past In
such circumstances there was no small
arooJrnt Of trepidstlca among those who
have freely tsken advantage Of the abDoi-
Rial discount on deliveries not far remote
for the purpose Of selling Instead OF buy
Ing corton- Al the same time 1t was quite
natural that any news relating TO the chief
Incentive u accommodating heavy
'so1rt' intereEt-ihat Of ID "btitnper" crop
sAould most keeuly Affect the trade This
appeared IN ghost stories from the Geld and
Speculation manifested q ready response
70 TIE cue There can be no doubt bur that
he bon veeril In all its hideousness is To-
coufrolt the trade as well as the farmer,
aDd hs0ceforth the 0rdeas OF the piaut
must be partially, II not wholly, reflected
upon the biackboards. Reports OF this evil
Ike those that usually have reference 20
production, are OF greatest importance
when they Originate IN or own state and
from the tenos OF current advices the work
o. The Insect las been 80 much accelerated
by the moisture 10 July that powerful
oJrzlAnation OF circumstances must be ar
rayed by nature alone to overcome this
threatened calamity.
Besides there was renewed activitv ON
me part Of dry gods purchasers aud tbis
demand found Its way 10 real cotton The
business was broader scale and BIG
blocks changed hauds without cnusiuy tho
str that would uivo occurred IN aayg moi
Dong past. There was NJ excitement up-
parent with either class OF operators Vet
the hr-IheSS Of values made It clear that
me period - an unusual one. 1t Is not
often mat the salient rs concerning IT, .lf
more abort consumption rllan production ON
the eYe ot a season Of fresh supplies Yet
the signs OF the time placed such O spec
tacle IN the range Of possibilities. The
mcllntss Of reserves was intensified in
spite OF the movement uf new cotton The
quantity required FOR export use made the
dencit NJ Aeapprt@ as glazing q feature us
ever, and the drain upon thc interior loom
ed 40 N us hugCuess Surrounded b1 these
influences the way Of Wall street b4riug
wa clear az hhd commission houses helped
On the work Sentiment was equally as
well distributed smoue those Who lasr
their opinions upon mo solvent pf u-y
statistical era and tFs-a ~hp know ~ tle
pcstponcMeut that lha occurred iu aug.te
10 red q iaa actual stlU Zoe r4fr JOINS
IN price SD NOS admit ~ any new d.!u.-
tirDs a. 30 ,le Hual outcome and the la.Ia.-
tone vas distinctly .u ae I'D with tle dec
TcI5pmeLts Of the DAY
Liverpool was 1cadfs,r ,aough 90 nerve
the ball Sales OF the spot Amounted 60
1000 bales az quotations advaarcd ly
1921. IN The tnnle contracts stood uu.
changed % near and p single sixty fourth
higher N later deliveries The course ~
spots gives the greatest concern acg1as the
1atEr.
Eew XeTt opened point w on August
and TO l0Tser on later positions. a small
edvE1lcs took place AZ oner, followed 10y a
nzpge important gain ia the next ha.f hour