The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-02-11
COTTON VALUESGODOWNWARD

, result February lost points, October and
the intermediate options declined and 4
points.
New orleans started to Mp on near
and to r up on far deliveries. An instsn-
taneous small advance caused the best Of
the day. after which 2point drop made
the early level. which ruled with little
nuctcations A recession from that position
followed in the later portion Of the morn
ing and a sudden drop thereafter brought
bottom prices, from which there was an
improvement towards noon. slight weak.
ness followed with an immediate recovery
and stationary scale up to the last two
hours of the session slow upward move
ment then appeared and kept in evidence
with narrow variations until the sounding
Of the gong. In the net result April and
July were unchanged August increased .
points and the other options went l TO >
points lower. Sales at the four American
markets amounted to coca bales. spot quo.
tations were lowered Lice at New York and
left unchanged elsewhere.
The movement made a heavy enlarge
nent Receipts at all ports tor the day
amounted to 3e,e37 bales compared with
% 232 for the corresponding day OF last
year Since Friday they have been 50, COS
bales, compared with 359sS for the same
time of last week ard SS,2TT for the cor
responding time Of last year. Thus far in
the season they have been 59l6 S42 bales,
compared with 5.4jl .556 for the correspond.
Ing time Of last season. Since Friday ex.
ports have been los 96T bales. compared
with $500 for the same time OF las; week
and 1865 for tho corresponding time M
last year. stock NJ United states ports
for the day was TS5.24S bales, compared
with sGi fI5 for the same day nj last week
and 9i0730 for the corresponding day OF
last wear.
Falrchlld 4 Hobson wired from New
Orleans; The return Of good weather in
the cotton belt SIS accompanied with m
increase in fine movement. demonstrating
that failing "a Ia the receipts the past
week was partly due to Indictment weather.
Fort receipts since Friday are 81, lG2 against
aN-2it last YEAR. The interior movement.
however. while OF larger proportions than
~ late is nevertheless smaller since Fri
DAY tlhn Was the ease last year. Arrivals
81 far this week ISIS against oaIJ9 at
nre important towns. while stocks at tho
same points have lost 1857 compared with
a gain last year ~ 216s makiuE net de-.
crease relatively, of 1234 This rs the all
Important feature AT the movement. as
continuance of 4 free movement will he re-
herred tu lower prices, while another cur
tailment I'm port arrivals viii produce in
vrStment nuying and most likely higher
range NJ values In direct contrast with
conditions on his side Of the Atlantic
European Spnners and fl hard to obtain
an advance FOR their products I'm keeping
7irh tho Improvement In raw cotton their
ample supplies of raw material not only
NJ American. but NJ all kinds. and the ac-
emulation of finished goods working
against their interests Here IN America
and where there IS a better demand for OK.
port. not only for the summers product ON
hut for actual cotton lteslf mill operators
md Themselves IN inst the opposite posi-.
ished products as we'll BUYERS In this
country nevertheless. saws the New York
'hronicle. are not torsaking their policy
thpv have nurSued so far this season and
it is evident that they are still largely dis.
posed 70 take their chances on the market
50 far ~ FIXTURE needs are concerned IN
sianles and SeasnnRhle faucies.
The movement into sight since Scpteu.
her / ot all kinds $4,000 larger than last
vcHr. hut Of this excess mills have taken
$4,000 more. than last year leaving a met
last year Of aboHt 3no 600 The greatest
Increase in the movement over last wear
rs In foreign cotions and as exports from
America to Furope are con OOO lnrrer tbau.
INC rcplenlshiuc Of her stocks-plantat' on
stocks which many believe are well nigh
exhausted Therefore the movement to
market will he the governing influence"
Houstops estimated receipts for today
are 1000 to 10000 against 1O,3so last year.
View Orleans expects 10000 10 1000,
against 1850 last year
The New Orleans cotton exchange Will
be closed Tuesday. February II. account
MRrdi Gras. and the New York cotton ex-
change and Chicago hoard Of trade will be
closed Wednesday, February l., account
Anueln's birthday.