The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-04-30
COTTON VALUES MADE DECLINE

amounted to 10000 bales at unchanged quo
tations Contracts finally showed u loss
Of 2.G4 to 2is6I on near and 1-6i on far
options. The continuance Of the large er-
ports to Great Britain has probably re-
moved some Of Lancashre's fears. Private
cables conveyed the Information that Trans
atlantic bulls we're buslly engaged in pro6t-
taking.
New York opened to points below the
previous close. There was steady rise Of
points in the early movements Of the SEES
sion, which made the highest of the day.
gradual decline to the initial range fol-
lowed and nm additional drop Of as much
again shortly nfterward. Another advance
followed but was almost lost by noon and
n slow recession to bottom prices then set
In and extended through half The afternoon.
a recovery Immediately began and gaining
half the loss in the next hour formed a
level that did not vary more than points
during the balance OF the session. In the
net result May and June lost IA points,
July IL and the later options went to
points lower.
New Orleans started to down on near
and to 8 less on far positions. The scale
soon started upward and gained points,
after which there was gradual loss
Of same A smaller bulge then appeared
and a more decisive decline after
ward, which continued until bot
tom prices we're reached a half hour
before midday. sudden advance occurred
lust before noon call and made range c
to : points higher. which prevailed with
narrow fluctuations until the final call took
place. In the net result present crop OF.
tons dropped to 10 points and later ones
went to points down Sales at the four
American markets amounted to s673 bales.
Spot quotations were marked down l-lG.
at New York ana elsewhere left unchanged
There was n heavy discount In the sea
ward movement. Receipts at nll ports for
the day were 1900 bales. compared with
2i0os for the corresponding day Of last
year Since Friday they have bccn 81 $50
bales compared with 81 o37 for the same
time Of last week and 5s.n3l for the cor.
responding time Of last wear. Thus Gar
IN the season they have been 1903, 9g7
bales. compared with 670j.1IT for the cor.
responding time of Inst season. Exnorts
since Friday have been 81, S06 bales, com.
pared with 4I,53S for the same time Of last
week and 20, 63S for the corresponding time
of last year. Stock at United States ports
I u,i me ne day was 90, lS1 holNs,. compared
and $50. 200 for the corresponding day of
last year.
Fairchild & Hobson wired from New Or.
leans.
Market is getting narrow; any amount Of
buying or selling affects market accordingly
rue Milling Of huvlng order sent July from
80 10 NJ without a sale; aftcrward the
market looked soft at 80. Expect general
I ttaV, I...l
Tuesdays report, as Texas has received
good rains In the meantime and weather
cast OF the Mississippi has been generally
The New York Journal Of Commerce says
The total exports for the season IN ~
Friday are 5,s6l ,o32 bales, against $500 675
last year for the corresponding period FIX
cess this year 49, 81 bales Naturally
there Is renewed claims of an over. exporta
lion Of American cotton aud some parties
! arc preparing To see the rcshipmcnt OF cot
! Ton from Europe to this country unless il
| Hhall tIanspire that a serious mistake has
| hcen made In regard to the proportion Of
! the crQn remaining In farmers hands The
/ interior stocks this week lost "a 600 holes
| Tho focus ~ all the figures was the world 8
/ visible supply dccrease Of l0n9l2 bales
| A year ago the corresponding week there
| was n decrease Of 42.25l The worlds Wis.
| ihle is now under last wears hgnres Tho
| American part Of II Is 2.65S.59 against
! ,bsi.521 last year The spmncrs Of the
! world took 1850 bales OF American cot
| ION lhis week, following their takinCs Of
| $4,000 the previous week. AZ the present
| rate Of consumption some are recalling tho
| year lSn, when May In This market
| Houston's estimated receipts Tor today
| are 1900 to 220o. against 45i7 last wear.
! New Orleans expects 1900 to 5000 against
236s last year.