The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-12-16
A SHARP ADVANCE in COTTON.

weather conditions will immediately AFFECT
prices SO much as the statistics on tho
movement will AFFECT them.
Liverpool opened steady with quotations
TO lis points higher than the close on
Saturday, aud under fear Of q continuation
Of light receipts ms result ~ the bad
weather Arm feeling came over the mar
ket and prices began an advance, which
lasted nearly ali the session, January
February reached 4,5i during the after
noon. but closed point lower The net
gsin for the day over Saturdays quotations
was 10 "a points. with very stendy
tone. The spot market closed With an ad
vance n . points on an quotations and de-
mand very fair.
New York opened Arm with quotations s
tn II points above Saturdays close. The
tone became somewhat easier during the
forenoon. January falling from Al
to sa7, and March from s3S TO
60. but reaction occurred and IN the
afternoon prices advanced until January
touched 8 AZ and March went 20 .35. The
close was hrm with prices II To Ia points
above Saturdays closing henres
New orleans opened steady with prices
70 points higher than on SATURDAY
, Rullish sentiment prevailed during the day
and January reached %, wh'lc March
went to 3 80. At the close January anu
March We're close 10 the highest hsures
with quotations G 10 - points above the
close or Saturday.
The current movement exhibited rather a
large dc6cit. Receipts at nll ports for the
daysvere i8.5o4 bales compared with 5o6aS
for the corresponding day Of last season.
since Friday receipts have been 81 100
bales. compared with a6as5 for the same
timc last week and %. 500 for the CORE
spending time AZ last season. Thus far n
/ fh, sragon rcccipfg have been 4.23S 459
bplcs compared with 4,uAuil Tor the cor.
responding time Of last season Exports
! since Friday have. been o4,o4d eales, com.
pared with So So for the same time of last
week and - 39S for the corresponding time
{ Of last year stock NJ United states portS
with OG2 5GG FOR the same day OF last week
/ and g3I@ub FOR the corresponding day 81
I last year.
/ The New Yort Commercial gives tho fol-
flowing summary " exports ~ cotton goods
! The heavy clouds that have been hanging
over the cotton goods export market for $50
Imuuy weeks give promise of breaking away
FOR during the pust week rents have been
Idlscerucd here and there ana through them
a gimmcr Of hope has commenced 60 beau
forth Although Cuina, to whom We 'ooA
for the bulk OF our export orders FOR heaFS
Ishectines and drills has been as reluctant
40 buy as ever she bus shown 20 disposition
no mint iclputc iu tho movement ui goods
provided SELLERS will show Willingness u.
meet ou middle price ground tlt Idl
that Cbuu has not been aS 4'NNr uF, u"'
been her custom U.s. hliIlnal'l 10 nl lNAn
tNu factors namely, the lower bttt "
silver and consequent uutaNoI1Utt lHit g.
tcNruunEr for bills, and tur lMnIhiy 10 ll
itnr price which SELLERS are demanding. h
writer was informed yrrlcidh\ 10y a put
',hae,r for the Chinese murENi that III Srll
irrs were willing to- shade their prices sughl
ly he had no doubt that IL would result II
the Immediate sales of ut least -VNuoo halc
lof shcptlnEs aud drills. The shipments 1
that country during the past week have az
Igrogatcd l2,4ll bulrs, uWru az HioF,S-'
should hc followed Ny o. uuiicrahie feNlNu
Do business But the M-tullmeut OF tn
Indemnity cEHrtru from CHINA by NCsttf
powers has been hNed to bc paid In golt
Their the vnlUe OF silver, and partially par'
I'VE her trade india has been quiet uurlh
the week under review, but lnqla mas nc
/ been doing Hs much Importing III any I'M
VI commodity as IN previous years. Trad
returns for the first half OF the present yea
show a falling on OF merchandise import
l. crcnsc Of cotton piece goods amounted
n 81 $50, 900 In the six months. Brazil hg
been more in evidence than for some tim
- Buyers for that country nave made prop
d sitions TO sellers here whirh huvC hcru n
y CCptcd, with the result that fair purchase
have been made Of printed ducks, drills an
IS prints at trhr below tile market quot
% tious for the past few weeks. 1t rs uude
stood that buyers for the Red Sea HAY
II been IN the market Of LATE and that SON
n large contracts are iu process OF Cousunm
ton. which the parties interested are r.
% uctaut at this iuncturc To diyulco. III
81 commercial rs informed that in a few day
Is Il Will be seen that the Red Sea has bee
=. doing business on a fairly large scale
IL late.