The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-10-03
WEAKNESS in COTTON VALUES

OF the anal Yield found its way into tho
trading. setting a minimum Of ii,2JO,OOO
balcs II Is needless TO say that Il was MT
the time for the extremist and that the
figures mnde little IMPRESSION Fuctua.
lions were wide enough 10 admit those OF
different Views and sDot prices followed
the pace OF the less substantial article.
Liverpool was IN part highly encouraging.
Sales on the snot amounted 70 1900 bales
az quotations raised 2-1OOd. Contracts In
the finale. declined blood on current and
advanced I-1OOd on further options The
source OF the strength Is at once notice
able.
from the previous close A slight bulge
at once brought the best OF the day and
prices gradually eased on until midday,
when lossof d6 points had been sus-
tanned An Improvement prevailed during
the next hour with the best part Of the
loss recovered. more steady decline fol
lowed and continued through half the
afternoon. when bottom prices were
touched and from which there was little
variation during the balance Of the call.
In the net result October and February
declined points and the other months
New orleans started unchanged to
point higher on all positions. small
gain In the early moments caused top
prices, which ruled during the first hour.
A 2-point decline at this time made the
range for trading during the balance OF
the morning. after which there was
prevailed with little change until the last
In the net result November declined 3
points and the other months went and
points lower. Snles nj the four American
markets amounted to 1880 bales Spot quo
tations were reduced 1-16c at Houston aud
Galveston and elsewhere left unaltered.
The movement presented nothing new.
Receipts at all ports for the day were
5000 bnles. compared with 1883 for the
corresponding day Of last year. Since Fri
day they have been 263.321 bales. com
pared with 221.O44 for the same time Of
last week and i00.235 for the correspond
ing time of last wear Thus far IN the
season they have been 9s1.340 bales, com
pared with 5244 for the corresponding
time of last season. Exports since Friday
have been 269.SI6 bales. compared with
11l.2S9 for the same time ot last week and
l6os40 for the corresponding time OF last
year Stock at United States ports for
the day was 36Io67 bales compared with
3S400i for the same dnv OF last week and
319. rs for the corresponding day Of last
year.
Following has been the Bombay move.
ment, with comparisons:
Receipts for week ..-... 5000 1000
Since September ....1T000 $1,000
SHIPMENTS for week .-... 1000 5000
Since September / ..... 5000 10000
Gaddum & Co.. Bombay. state In their
latest circular: "our last circular was
dated August IS, and on the following
day a remarkable change took place in the
meteorc conditions OF great part Of
this country. aud coplous and beneficial
rain fell In all districts watcred by the
southwest monsoon This rain was espe-
cnlly welcome IN kathiwar and country
10 the east where a water famine was
threatened all fear Of which Is now re
moved. Sowing has been completed In
| Wadhwan and elsewhere. where the droutn
had previously rendered Il impossible Re.
ports FROM GuSorat, Khandeish and Berars
all state that the rain has lust arrived in
time 10 save the crops and that the plants
are looking healthy and strong. In Bengal,
also, timely rain has fallen. and prospects
are fairly good. Tho most critical period
OF our crop NAV now be said TO he over
and ANYTHING Ike normal weather here
after should secure an average crop Our
market Is quiet. but steady. New cotton
declined about rupees. on account Of
tho Improved crop prospects. and then re-
covered somewhat after the stiff rise in
America from the 25th to the 27th In
slant"