The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-04-01

New York, IL to II points higher.
New Orleans, 70 10 points higher.
SPOTS;
New York, t-i6c higher.
New Orleans, f-t6e higher.
Houston, i-se higher.
Galveston, t-sc higher
After three days suspension OF every
wheel OF the speculative machinery yes.
terdny's cotton market came into action
under complete control OF the "lOug horned"
bulls. There was no spasmodic wave about
the course OF events nor any lack OF ma
terial on which TO base an upheaval It
was plainly to be seen that the trade had
taken time FOR meditation and the out.
come had proved beneficial to the com.
nodity's Interests II should be mentioned
too, that the era OF rest was sufficient
for the passing OF the clouds that began
to form on Thursday. In this regard the
threatened strike at Lowell concluded quite
after the fashion 10 the Fall River cpl
sode.
The statistics that came upon the board
IN the meantime told a very different story
from the quarters OF supply The visible
Of American lost $4,000 moro bales than
In 1901. The into.sieht was diminished by
5000 bales. The arrivals at outposts had
been marked ny an average reduction II
80 per cent sud Estimates" we're quite
IN line with the common shrinkage. In the
face Of such figures TIE spccter Of interior
exhaustion brought silence 10 the batteries
Of the hears shorts scrambled to cover
their lines and the buying for both az.
~.
level
Liverpool was stiU observing Casters
festival lwhils American marsbts worked
out the problems n the trade snglehand q
Fluctuations took thelg "swcop" nj tho
ttart and the limits aftervsrd barely al.
lowed the scalpcr enough room for play
Of his skill According 10 rule the "ar.
tual stun claimed the attention 81 tho
most sn1lous operators and It was only
hy improved quotations thar the many
Thousand bales could be routed toward the
spinner's bone The strength ~ tho mn.
dertone was distinctly noticeable and the
sources NJ absorption might easily lead
one TO believe that nothing less than
political or financial shock 1T national i'm.
portancs could shake tho supporting props
New York opened 10 m on near and
10 10 i2 up on far deliveries Little varia
tion occurred at 6rst after which there
was a slow decline which continued until
bottom figures were reached 10 the mid.
die Of the morning. \ gradual recovery
then set In and nv noon the initial figures
We're recovered, The range was quite sta.
tionary for while. but soon started 10
Improve and at the beginning Of the last
hour made the best OF the day A small
recession followed, but top prices appeared
again on The fna call, In the net result
April and December gained l. points, june
u and the other OPTIONS advanced 10 10
10 points
New ORGANS started "a to lG points above
the previous close. Au early small drop
caused low mark. after which 3.polnt rise
made the limit OF fluctuations throughout
the morning. Immediately after midday 4
light advance brought top prices and there
was very little ynrIancc through the drst
half Of the afternoon 4 e.polnt drop foI
lowed and formed lcvcl that extended
20 the wind-up In tho not result July AL
vanced 10 points, September aud October
10 and the balance OF the Hist went l.
points higher Sales at the four American
markets amounted to 3n,433 bRics Spot
quotations were advanced tSc at Houston
aud Galveston. and l Lice at New Yorl
aud New Orleans,
There Was heavy deficiency In tn,
movement. Receipts At all ports for tn,