The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-11-27
REACTION in COTTON MARKET.

norting A smaller movement and the ten.
dency In other ports OF the cotton belt Is
celpts, except as called forth by an ex.
ira large demand with the crop populartE
supposed 10 be an early and rapid mover
liverpool opened easy and on another de;
turn until at the close 4 70 s points
had been lost. Sales OF spot amounted to
5000 bales at prices points lower than the
previous day.
New York opened steady. 1 70 = points or
There was tendency TO recovery all along
the line early In the session and the pro-
gress upward was almost uninterrupted
throughout the day. January made the
greatest Jump. going % s.57 at one time.
At the close prices had recovered consld.
cradle OF the loss, the gain being 1 to
points over the previous days close.
New Orleans opened at a stehdy tone.
points lower to ! points higher. The
course OF the market was upward ana
without any serious reflections az any Pc
riod, continued TO the close. Before noon
January reached Sis and March 9. Is ard
the figures hung around this point until
placed January at si3-14 aud March ut
s 1924 August gained only point, viii
November and December gained and
points, respectively.
There was small excess In the current
movement. Receipts az all ports for the
day we're 52,4T3 bales. compared with 49,
Se5 for the corresponding day OF last year.
Since Friday they have been 223,674 bales.
compared with $50 10l for the same time OF
last week and 22a55s for the correspond.
ing time OF last year. Thus far In the
season they hsve been 9,47s,044 bales, com
uared with 3,219o96 for the corresponding
time OF last season. Exports. since Friday,
have been i3os55 bales. compared with
156,3G0 for the same time of last week
and luT $50 for the corresponding time OF
last year; stock q United States ports
with Ss5 i24 for the same day OF last week
and S5oea6 for the corresponding day OF
last year.
Receipts at thirteen Interior town for the
FIRST half OF this week amount 70 il3,4es
bales for the same time last week 49,
23e bales; for the same time last year 116,-
SCI bales and for year before last 49,,
996 bales
This is one view: Cotton between this
and the end Of tho year will probably ad-
vance appreciably. Fifty per cent OF the
crop. following the curse Of all years when
the Contender movement was heavy, ls Hike
" to arrive by the list Of December; in
other words the crop In sight UP IN last
Saturday. was 100000 bales. Adding
thereto up 10 tho list Of December lOO0,OoO
bales would make 100000 bales or about
onc-haf Of the expected q the yield ~
1go2.03 The consumptive demand. all
authorities cOucedl will be between TO-
$4,000 aud 11,20,0oo bales. The foreign
requirements are very heavy. and the home
needs will he greater than at any time
since 1906 From 1898 TO 1900. because OF
the Spanish war and other matters OF his.
tory there was falling Of In the National
demands since the Chiuese war the ces
sation " hostiltles IN South Africa, tho
prevalence OF general prosperity here. have
both National and foreign; hence It will
be seen that, IN the ordinary course II
affairs. cotton will follow the trend Of other
stapies.