The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-12-10
SLIGHT DECLINE IN COTTON.

II the future deliveries must advance ma
tsrialiy History shows thst consumption
will not stop on account ot ht're "a, nnn
dltionH holding n promising relstion ~ tnel
do today. taking the cotton trade 81 W.
v,Crld into account ne tnlk o. VOW eiNeF
l. attracting attention % the fact that 10
cotton goods s cot fsctor 10 Wow ~ the
srtivs ronsunn;Yfion ~ cotton and the snsn
holdings ~ spinncrs Ill the world o'ef.
Tho market shows an upward tendency.
LIVERPOOL opened hrm, With quotations
N I points higher than the previous days
ciose The tone ~ the market continued
arm. but Quieter toward the afternoon, ana
90 the closc VAS barely steady, win prices
DAYS figures The spot market closed quiet
With prices firm. POINTS higher.
New York opened steady with quotations
to points better than A. the close Of the
day before. Ruylng was inlulged ia free
" AZ the start on the strength 81 The
Liverpool sales. which combined With bet
ter weather in view and higher estimates
for receipts caused gradual decline h
quot atlons. until at The close the net
losses were 20 points from the previous
dsv on several months. with August and
December unchanged
Ncw orleans opened quiet and steady wv
prices 20 I points higher than Tho CLOS
ing arurcs Of the day before. Lack " sup
port hy noon developed weakness 10 inc
market and prices went down gradually.
January opening ut sp5. dropped 10 y
cent. aud closed az sol -O3. March opened
ri Sl5. dropped 30 500 and recovered
slightly closing nj S11-t2 The closing
ountatIons showed losses from the previous
days Agures Of 70 points
There was = heavy deficit IN tho current
movement. Receipts At all ports for the
day were A.. "a bales compared vita e.
3aa FOR tho corresponding day n last y"ar
since Friday thoy have been 1870 bales
compared with tGi SS4 for the same time
Inst week and ~ So Tor the corresponding
time ~ last wear Thus far in thc season
rrcripts have been 4.O2n.N2o bales com
pared with ana. 7ua for the corresponding
lime ~ last Season Exports >iucc Friday
have been III 6ls bales, compared with
81 Cal for the same time " last Wcek ana
ms 7gf for tho corresponding time ol laSt
season. Stock at United states ports for
tho day was az 700 bales, compared with
io44. Sj4 for the same day ~ last week
and 81 eAi ior tho corresponding dag "
last year.
Tho following opinion on the present crop
Is expressed by williams & Wright. Mcrid
ian Miss "wc nov think that the yield
~ tho state Of Mississippi wilt he about
10000 bales less than last year For tho
past eight years the average number ~
bales that came into sight 70 December J
was ga .1al; aud tho average unulher tnhi
cam. into sight after December I, 5,ol4 A'N.
cotton IN sight up 10 December this year,
J.Of6 jGS bales. add average for past ci.hi
ycnrs after December !, "nlI. sos and ~
would indicate a crop ~ i"lll"24 bales.
Giving the present crop the bruoft 81 gu
douIt, and presenting that we received th"
greatest amount on record after p'"emhrE
4 namely o. SIS 0pT bales and We would
have a crop ~ loas5 3IG bales This "'
ran hardly believe possible, although 90
had am unprecedented autumn, for tho Az
gust weather left the plant in worse con.
ditiou than any previous year FOR top
rrop. and many ~ the fields never did rc'
cover The tate growth was not general
but was ~ all times spotted crop We
nro inclined ~ take tho number ~ bales
tbat came into sight after December l. last
year. 5S3I .6ST bales loss the difference
hct rccn the average ~ the past eight year.
thnt came Into sight hsforc December nu'
tho number ~ haics that camc Into sigh
this wear. phich &c 2Gg o35 bales, lenvn.
/ 55Ta, $40 hales. add m" numhcr ~ bales !,
( sigAt december /. this year of zoos 't''
| which gives total 81 lo6I2.l9S bales
! Ana we believe this 70 no conscrvatiN
| estimate NJ the present crop