The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-09-28
COTTON RESISTED LIQUIDATION

, more Thoroughly than any advtcea. even
confidential" ones, and the swelling OF
ahipboard stocks proceeded ut rapid pace;
| The offerings were less liberal and official
/ spot quotations were raised IN some OF the
| American markets. Fluctuations did not
cover wide range. but the directness vas
| pronounced, and confidence At no time
| weakened from the strain Of liquidation,
| Liverpool furnished nothing substantial
| for either class OF operators Sales on the
| epot amounted 70 5000 bales OF quotations
| advanced 1920. Contracts made a dnal
| gain Of 2n. 84d TO 81 Cad. The big English
| market awaits the e-rly coming OF the Eng
| iish crop estimator
| down on later months. An advance OF
| to points formed the level for trading
during the nrst hour Of the session when
| the Improvement was lost There was a
| partial recovery, but Of short duration. and
| In the later part OF the call the course was
4 steadily downward until bottom prices were
renched at the close. In the net result
| feptemher declined z points October No.
vember and December went unchanged and
the later months gained ! TO points.
New Orleans started 8 poiuts higher on
! october and to M on later positions. A
slow rise took place In the early moments
and continued until top prices were reached
| in the middle Of the call A slight loss
made the range until the hnal hour, when
a similar loss again took place and from
| which there was very small variation dur
! Ing the balance Of the sesson In the
net result September advanced 3 points and
| the later months vpnt 10 s points higher.
| Sales nc the four American markets amount
! cd TO 6}46 bales, spot quotations were In
! creased ! iGc AZ New Orleans and Calves
! ton and left the same ut New York aud
Houston.
The movement was not in the ieast re-.
Taxed. Receipts at MI ports for the day
We're 5000 bnles, compared With 832s3
for the same day Of last week and 26657
for the corresponding dey Of last year.
! Thus far In the season they have been
| 774a29 bales, compared with aB6 1903 for
the corresponding time Of last year. Elk
ports for the day were 20G62 bales com
! pared with 226s9 for the same day Of last
week and 2SJ2S for the corresponding day
! OF last year. Stock &C United states ports
! for the day was 427 457 bales. compared
/ with 8l9,91S for the same day OF last week
aud 3i3,0oT for the corresponding day of
last year.
The New York Journal OF Commerce says
Of the export trade; There have been in
quirles IN the market on China account
covering fair quantity Of merchandise for
export, but the actual business put through
/ has been quite limited In spite of the
fact that some OF the would-be buyers have
improved upon recent units, they stu fail
to come up so sellers ideas. In other words,
the selling end of the murkct has stimened
more than the buying end, Reports from
Shanghai do not encourage hopes OF any
aggressive movement here just ut present.
Tie business In China Is OF moderate
dimensions only and is doing at prices
below what goods can he imported at
The tone Of the market here for brown
sheetings and drills Is very nrm, the
strength Of the market for raw cotton keep
ing sellers In a very conservative mood.
The following are fairly approximate prices
ut the close:
Buyers for the Red Sea ports continue in
different as a rule. There has been some
the price bid was too low for acceptance.
The India market also continues quiet
orders from South America have been OF
about average extent for general assert
ments. Central American trade la dull and
q quiet demand only Is reported from the
West spdies, Business with Australia Il
fair, an@aNiet with She Philippine and Ha
walian Islands.
The outward movement this week is fair
Including $50 packages from this port and
$500 packages from Boston aud elsewhere
{ In all II, 700 packages.