The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-03-18
DyANCE in COTTON MARKETS

: point drop took place at once. There wa,
recovery 10 the first hour. but Immediate.
ai'ef there was gradual recession untll
an houf before noon when low mark was
touched. An Improvement OF to 4 noints
followed aud made the range. which o,
tended with scarcely more than mini
huctuaticn until the final call was mace
When aucthei small improvement appeared
=" Tue hei result March advanced o points,
september y June and October ! aud the
n"l@hce OF the list increased points.
sales at the four American markets amount
ed to 1895 bales Spot quotations were
unaltered.
The movement was sharply reduced. Re
ceipts at all ports for tue day were sO.12e
bales, compared with 1886 for the CORE.
SIohdinG day OF last year. Since Friday
they have been 90 10 ales. compared with
4c.536 foi The same tine Of last week ana
4"'2o3 for the corresponding time of ,ast
year Thus far in he season they have
CEN c64S3S9 bales, compared with GOA.
SIT FOR TIE corresponding time of h,st sea-
son. Exports since Friday have been 20 80
bales. compared With "a U22 for the same
llme Of last week aud 3G,Sl2 for the CORE.
spoudinG time OF iast year Stock nt TnifeI
states ports for the dnv was 7l2.45s naiss,
compared with 1l4,l}S for the same dAy of
last week aud sON, 40 for tue corresponding
day Of last year.
Under date OF March 10 Messrs. Atwood.
Violet * Co. say.
The spinning capacity OF Southern mills
Is estimated, by Secretary Hester. at 4o1J
ud' 'S per week greater than last year
Nh'1. Tor the twenty five wcokS to Az.
EuSl 81, would bring IN the total for tho
a hn los taft Nss9,aa ia, ..,p
increase there may be taken by Northern
mas or the naaucc " tine season
Inc totai requirements OF American spin
nciS TO August 81 next, To equal their total
CONSUMPTION of last season, Is |. ioS.b0)
baics Exports required nom this da.e II
ygual iar total EFFORTS % last year are
LIZ 5.2'3 hu-cS: Therefore, To equal the
consumption In the United States OF last
season. ana to equal the total exports
last season, would rcuulre from March I
TO August 81 next 2jsl,2 bales. To n'ee1
such requirements there is visible iutcroc
supply In the United States Of 493,3l1
bAes; nnl ~ the United States potts In
Warehouses, 645,94S bales Making q total
Of ! l39,33S bales pus Whatever there M ty
pe ~ the uhcountcd towns and on planta-
lions to meet the requirements above men.
toned Of 2.5Al,2l3 bales.
The interior visible stocks last wear at
TINS time were 6G3, 1856 bales, or 10000
more than now
These Visible stocks are those at thirty
one leading Interior points in the Sou h,
II is entirely reasonable to suppose that
the invisible supply in the South shows
losses, as compared with last wear. reia.
tivey as great as are the losses at the
visible points II 50. this crop IS not
lcNoOCa bales.
Ine visible supply Ia the United States
Is 2IS.oOo bales less than at this time iu
1901, ani ll5oNu less than IN 1900, the
crop of which season was 9,i36.OO0 bale D..
Our exports to date have been 5248.6Ts
bales against i.555, S66 last year, an ex
cess In round figures Of 69l, 600 bales
southern cogSumntlon to date Is al3. COZ
bales; Northern spinncrS takings to date
L. .ti,95i. total OF 6O6 55T.
The question Is, however, how are thy
to get the cotton not ONLY to supply the
requirements this season. of this country
and give Europe the same amount Of cot.
ton as asst season. after this date, o
l 3'3,c53 hales to equal last wears CO...
in the United Suites, hut re
lulrcmentS of 1.563.00O bales 10 the Unlt,d
States cnnsDmpt on shord he tn Sc son
( lie coo ha.es, as We have shown above
It is Likely Ia be as a minimum.
Houston's estimated receipts for today
are $500 to 800, against $3.50 last year.
New Orleans expects 500 to II 800,
lga,ust DIGS last year