The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-11-19
AT THE cLose;

AT THE CLOSE:
Liverpool, 8 1-2 points higher,
New York, to II points higher.
New Orleans, 8 TO II points higher.
SPOTS:
liverpool, 2 points higher
Nav YORK, 8 points higher.
New Orleans, 1-1so higher
Houston, 1-so higher.
Galveston, Lice higher.
ESTIMATES FOR TODAY:
Houston, $500 to 10000, against
1883 last year.
New Orleans, 10000 to $4,000 against
e4,274 last year.
The bears served turn on the rack In
yesterdays session OF the cotton market
The conditions which the bulls saw but
family on the day before came out In bold
relief and support was given to the mar
ket in the early session that really pie
saged big things, while later II was suf-
Hcient to sustain fully half of the od-
vance. The lower temperatures that pre-
vailed over the South We're the chief IN
centIve to buyers This Arst Ind its in-
auence In foreign speculation, which was
lively enough TO ut prices several points
above the common expectation There was
IA greater desire to procure spot cotton, and
the inquiry assumed that proportion which
caused holders who have lately been re-
served. in spite Of q weak speculative mar
ret. to mpart manifest nrmnoss to the
situation. oGIcial quotations were raised
llGai-sc and there nns no inclination to
Tell below this advance.
Tho Accommodations which the long inter
,st has received In the recent past proved
900 heavy for the balance scale and the
Efforts % protect these lines but enhanced
me possibilities Of the bull The brisk
buying came from those who want tho
staple for actual use aud from this cue the
iuarters Of speculation became so uctiyo
hat the nerves Of the market were kcenly
,aycd upon The public took an important
iond and NO especial clique of operators
rendered more substantial support than
was lndulged I'm generally. The change
which the weather underwent was at the
same time cause for framing different
ricws. According TO The bear, frost has
bocn postponed long enough to remove all
danger TO the reputation of thr prophets
across the water Yet the feeling of M
rest which accompanies any signal that the
top crop Is ended can not fall TO attract
notlcc This may he accounted for by the
feature which Mt last must rulc-thc rc-
lucu OF supply to demand. There has yet
been nothing TO dctrnct from the superla-
tive prospects Of the latter. The former
viii be matter OF conjecture for some
time TO come In this connection the APP
prohchlng estimates of the American cotton
exchanges md Influential authorities on
his side of tho water were kept steadily
in mind Ms well as the statement which will
be issued I'm the carly part Of December
by tho agricultural bureau. The size ~
HE movement was q condition with which
the hull had to do the most serious reck-
1ning This, however, was also continued
according 10 the school Of the operator who
gave So attention The years NJ early
bcayy receipts and short crops have been
conspicuous, but there are yet mnnv who
are always Influenced by the criterion
which tho movement affords. The heavy
exports continued leading feature and the
position OF scHbOard stocks was not mO-
terribly altered Fluctuations were rather
varied in their course and might have ad-
mttcd those Of quite different opinions.
Liverpool travelled at very steady pace.
Sales on tho spot amounted TO 5000 bales
at quotations higher bN > decimal points.
AZ the close contracts went 3'a points
higher on all positions.
New York opened points up on De
rcmbcr and 3 points Mp on later months.
This level was net changed In the early
movements. but an advance OF to pointa
early lost. A more substantial rise then
began and continued without abatement I'M
III near the noon call. when top prices
we're touched. Half Of this Improvement