The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-07-03
COTTON MARKET WAS STRONG

TENDER advanced points. December and
the balance Of the list ! and S points.
New Orleans started unchanged to 8
points above the previous close. light
decline IN the early moments brought bot.
tenn prices which practically ruled during
the FIRST hour. A rapid rise followed and
continued until top prices were made in
the closing part OF the morning A range
Of . points formed the limit Of fluctuations
until just before midday when a small de-
cline occurred. An early recovery of this
ioss made the range that prevailed with
little deviation throughout the afternoon
session. In the net result July increased
9 points, September 4. December 5, and
the other options went up 6 points Sales
at the four American markets amounted
to 1916 bales and spot quotations were
quite unaltered.
The volume Of the movement vas yet
diminished. Receipts at all ports Cor the
day were 23l5 bales, compared with 1923
for the corresponding day OF last year.
Since Friday they have been 9641 bales.
compared with 1850 for the same time
% last week ami 40,To1 for the correspond
ing time Of last year. Thus FAR In the sea
son they have been T,3To,922 bales. coal-
pared WITH T,25s.Sp9 for the corresponding
time OF last season Exports siuce Friday
have been 1851 bales. compared with a.,
/ 4e3 for the same time Of last week and
Ss4 FOR the corresponding time Of last
rear stock al United States ports for the
day was go, 100 taes. compared with 3$9,
245 for the same day Of last week and 4j6-
224 for the corresponding day OF last year
! The New York and New Orleans cotton
/ exchanges viii be closed July aud ), ac-
count Of holidays.
Falrchiid d Hobson Of New Orleans wired
/ Cargill & Richardson as follows
! The first Of deliveranee Of new crop
/ cotton was ade today, the state u Texas
furnishing twin bales. Houston receiving
one from Medina county; Galveston one
/ from san Pat5cio county, IL Southwest
Last year the hrst bale was received at
! Houston on June = and at Galveston on
There is nothing in connection with the
arrival Of new bale that could be nsel
| as an indication 81 an early. 'ate, 2
( small or n large fall movement much lef S
( as to probable size Il crop, sunlmes weather
Z and date Of q killing frost hIvu- The say
/ In this respect. With the arrival q The
first bale however. It may he said in ?
I sense that the new crop IS virtually with
us a. every day henceforth Will bring a
/ naturalization * bales and offerings OF
| August and September deliveries From a
/ mathematical standpoint tomorrow mouth
II government bureau report wiH be re-
| ceived w.tn much interest and concern
The world realizes that fun crop, Yield
u II Op0.Glo bales Of American, viii be re-
auircd to satisfy The wants OF the spinners
next season and II Is also aware Of the
fact that the possibilities Of The CROWNS
crop AZ the present moment are for Yield
IN excess Of any ret raised. The general
impression Is that tomorrow bureau
made NJ TO June IS. and excluding the
benefits Of the recent Southwestern rains
I viii show . condition of 1bout - against
e5l last month and ST. last July.
In anticipation ~ such showing the
market has experienced an advance since
yesterday Of about Is points. which in 9
measure partly discounts a condition Of -
! There is general need ~ rain In thu
hama. and this portion Of the belt was
rsinless today with the mercury IN the
district Of Montgomery scaling the 1C'
! mark and registering i02 IN the Savsn
nah district where marching temperatures
ere reported as iniurlng the crop
These features ana a hrm spot and con
tract market At Liverpool, where sales q
: the former total 1900 baies. Influenced
American markets 70 higher level today
> July closing s.sT0s9o and october I "a
: spots closed steady and unchanged, sale
400 70 arrive %; middllng &c.
Secretary Hester made the Insight TO
I June fgnre 1872 100 against I'll SOS last year
l83 1s5 year before and 1925 In 1899
4 against sa70 as6 iast year. s.947i4e yea
q before last and li,uo4 o55 in 1890.
= The following was received from Topeka
g kan:
I There Is three inches Of rain all owe
. kansas Hundreds Of fields OF wheat /
the shock are floating on the water. Los
9 Of wheat to farmers estimated NJ 10000
= bushels.
New York operator wired
Cotton has Arm undertone and ther
70 is steady demand, principally for ne'
J. crop months.