The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-08-07
"A SMALL ADVANCE in COTTON.

formed level that ruled with slight varia.
tion throughout the morning and reverted
to initial prices on the midday call
slow but steadily upward move set In with
the beginning Of the afternoon, and pro
cfeded without setbacks until the anal mo
mcnts Of the session. when top prices We're
reached. In the net result November Ad-
vanced points and the other months went
to points higher.
New orleans started points up on Au-
gust and unchanged on later deliveries.
The trading continued around these ngures
In the early moments and n small decline
brought bottom prices. to point I'm
provcment followed and made the range
that extended until the middle Of the day.
gradual gain Of TO points set In In
the afternoon and continued until the best
Of the day was rcncbed near the close, and
from which there was little deviation fur
Their In the net result September and DC
toher gained points, March and the bal
ance Of the list advanced . points. Sales
at fhc four American markets amounted 20
5l2 bales. Spot quotations wire lowered
/ Ice ~ Galveston &c M New orleans aud
The movement was distinct in its small
ness. Receipts at all ports for the day
were 1913 bales. compared with 1850 for
the corresponding day Of Inst year Since
Friday they have been 5000 bales. com
pared with 1873 for the same time Of last
wcck and 1880 for the corresponding time
Of last year. Thus far in the season they
have been 7,4io,3O0 bales. compared with
1927 J3S for the corresponding tine Of last
season. Exports since Friday have been
26G90 bales, compared with 5l8l for the
same time OF last week and 32OSl Cor the
corresponding time Of last year Stock at
United States ports for the day was 49,.
$40 bales compared with &1O3D Tor the
same day of last week and 3l3324 for the
corresponding day Of last year
"a.
leans:
August weather conditions continue IA
vorahe Texas remaining clear, good rains
In Mississippi and Alabama aud scattered
showers I'm south Atlantic States, while
ontsidc Of oklahoma where the mercury
registered in against iu2 yesterday the tom
pcFnturc was normal the belt averaging
the same yestcrdny--85.
Up TO date every important Southern
port has received new cotton. New Orleans
6 bales. Savannah 3, Charleston 1, MOBILE
! and Galveston 14i total ~ l52 against l33
last year, all Of whics was received az Gal
weston.
points are making a better showing, Hnns
ton having received So far ZIG new bales
as against a last year
Southwest Texas Is offering good mid
ding compressed shpside New Orleans,
August -. ~ So. Spots Mt Galveston were
reduced 10 TO SiA; NJ New Orleans u TO
sN for middling; sales 100 VITA none to ar
rive
Manchester reported cloths quiet
yarns dull
"After opening the same as last night,
| New orleans varied about > points during
the first half ot the session Later, how
ever minus correction of 5000 bales WAS
! reported as having been located In the
. stock at New York. Sentiment Mt the ring
side favored an advance. and to break the
/ mouotony Of things scalpers hid tho mar
/ kc, m In nm EFFORT to create some interest
! IN the market Int cable from Liver
| pool mn individual opinion. Thought l0-16d
! for new crops cheap enough II carly. re-
| ccipts Of new cotton are not large. There
| was also renewal Of boil weevll damage
! talk In South Texas ms well rs holl worm
rhyoges from points further north In the
Receipts nj an points since Friday Sooo
| against l3Ho Inst year: exports 20 Enrone
from United States since Friday 90 eco
against 1890; stock NJ. oil nolnts tonight
$50 500 ecaIns, 3l7324 last year"
The Times Democrat says:
"The accounts from the fields could
hardly he hotter on the whole, but ono
must not forget that a single frosty night
in October mny turn the whole tide OF
events Moreover. 1t Is sclf-evidcnt that
much has already been taken for granted,
else the price Of the new crop contracts
would not begin with the figure Z II viii
soon he known whether the farmers and
merchants Of the South intend TO NY tho
auction nag. and thereby will lung a tale
New bales are NJ longer novelty. bat
Interior BUYERS have not ms vet got dowr
90 serious work Pretty soon. however
the T. O n men ~ the exchanges viii %,
moved around their hands fun of the tele
| grams which are the 'krag ,lorgcnscus' Of
the mnrkci. The air guns viii thus per
fcr~c Dec laid aside Tor season and there
will he n continuous hail Of solid shot
Against such missiles no suit % tin armo
, ! aynis
" Be ruled by time the wscst counsellor
of all"