The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-04
SWIFT FALL IN COTTON PRICES

net result July declined p points, juno
and August IA and later months lost ana
points.
New orleans started 10 less on June ana
down on new crop deliveries There was
a gradual advance at once which continue
throughout the early moments An ad
vance Of points made range that ex
tended through the first half Of the morn
Ing when another bulge caused TOP prices
to be touched A sudden decline appeared
as midday approached aud the lowest marx
OF the day was quickly reached. recov-
cry OF about half the loss took place on the
noon call aud formed level that extent
ed Until the dnnl moments, when gain Of
2 or 3 points moro took place. In tho net
result June dropped u points. August .
aud the balance OF the Vet went > 70
points lower Sales AZ the foh? Aluciiean
markets amounted 10 3s0i hnlrs spot 90"
taiions we're reduced l-lGo at Sow iork
and elsewhere left unaltrrcd.
,rhc movement was quite llminutlyc r..
ceips at all ports for the day were 1861
bates. compared with 1888 fpr the corrc-
spending day Of last year Sincr Friday
they have been 0755 bales. compared wien
ss2i for the same time of Ia week az
2D,0sS for tho corresponding time ~ last
year Thus far IN the season they have
been 7.2s3322 bales compared with i.o2l-
0S2 for tho corresponding time OF Inst sea
son. Exports since Friday have been 40
bales. compared with $50 FOR the same
time ~ last week and 3T,157 for the ORE
spending time OF last year stock at Enlicd
S'"t'h p"'i7 'o' '"N Wy ""' ''''''i
compared with ijiuJI Tor the same hnE 81
Inat s.rnk and Ar jai for the currc.pUu Nag
49, 49,. -
gay u '"'' ''u''
g.. m, ~ Mt, ,to,,.. elm s,t,oti,,,
al '"'"' - '''' ''N'' ~
from an uttered standpoint III the follow
Ing from his latest circular:
1., r,o,r+ 90 ,ot,., .,bi.h has gcua
Inv amount % 'op'V' '"'," "''
out OF elsht anu presumably lht" 'ht
hands of consumers this season h. G4S,tUJ
i,t - te,, i, .,.,r ,,J .p,yn.t
-, -,
iess IMAM Two atul1 az" Nhth PliN lu''l
about the same as at presclt
rue excess, II ahinEs as ,oapalol with
last year reached MS n3N.mnn ~, us,i.,vJ
since it SHOWS ayci,uso OF t3.ouu lal s.,
or st.J bnips weekly.
II u.s. in my opinion, something moro
/ than a coincidence thai this decrease IN
nc amount on cotton pf.siug out OF I.nt
cnlpu,,ucro 10 dr,nlon ,buut ana. limo int
/ cotton ica,Ged ITS highest p,ioc. '"nd ns
T "a ~ 81
5 rnles ,yrrElr seems a. mo 10 ,idi,Dt, tunf
I Tor tho present Al least the price teacu,d
J bctW cen tuu 18Th OF Aplu ana tlc "a o
! May Is one that has bnd ta effect npnu
! IN JCmnlil. ma tnat inc nulablng rr'ull
/ oil an advancing lnarbpt- u4mctv "A .
: ,rc1sing ccisul,ptiou-k nov COMMENCING
/ to be appafcut How long this trudcil,
/ vim continue on To whut cXrrut tDls no.
| ore, "a ghnu Jcrlop II Is impos.Ib'e e. saw
| # Is the function Of speculation TO aunol.
! tatr tbr rnrr,tto, ,t mo inyy rf s,it,.,,g
i,,,d drman6 and us cbi"f i,s,i6c,t,nn' -
! thnt lac ana, ,,nttair.tlon a. 1ini,i,n,. t,,o
! shock of snridrr change IN mrtr,.
an, c,tlotn. o1t cniy he s.nclossr, ri n.han ,tlo
a. dI.|trr IA od,.,t.c tbnt in6nco,,.. nc
yioW.iv I'm Tho lsrr,d,,,t orn r,,r,,c.i,.ln,,l
/ nv othor condItion, n seems IA mo Ib,,
no rr,do ~ ~ nr,.cnt r1i,,d ,,rop ~ fI%e
i1st surh n rnois. tn aon,i,,',n, tI'n,,..,,,'',.
,.or th, ms, thfec ,,,,,s ih,' ,'i,, ~ Nt,,.I.
icnn Tntt.1, be. noon rnthn, many ,tn,, an
| aNrrss ot m. demand aud tbn ,,r"I,, D, a.,
Of tI,dr AMI ,,nStntWtiSn has br.., ,,o,
/ liz, Who'll, ~ ,istug an, %,t,it',,.,,,,,i,..
thts fnrt \urust rnutr,rt .oit g., Erv
S",k or H.. In az Nn,sist roi ~,
cont. n nDnnd mo NI.tnio .n,,,l ~,
AnericSn rntton a, Tho rnd of l,gt 10, !
,yns nniv NJ un bnIns L. t,,r o., ~
| snma neriod nut ynat ANA MY IN, l,.,.
/ ! more ~, ia, mo Mo Va -tnic .,,z,,l, =,
/ iii urovtas an Irld,y l,st ns c1'tt.,rn,
Vim tbn t,vn nrnvions con- T. A., t,t',,,
rH1 > 4AiO.n 1GUf i t"n Un. iit,"
,t.s,
They sboU M avross ar co,,n,r.l All
iva Trors nro ~ 1ISms, b,lnS ma , a,
/ ncleucy ma ,nn,n1r,d ,yIt, inst ,n',t s,,I