The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-08-14
COTTON VALUES ADVANCED.

I peared NJ this time and an additional bulge
as the closing period approached brought
| the highest Of the day. There were mar ow
| fluctuations afterward In the net result
August gained 2 points September 8, ocio-
her and the other months went Z TO .
points higher.
New Orleans started 3 points below the
previous close, A steady rise set in and
| amounting to 4 points In the early trading
made a range that extended half through
the morning, Flustuaticps Were confined t.
| a small improvement cansed best prices
| to be reached There was little yarlat on
from these prices during ne balance Of
| the session. In the net result August nd.
vanccd point September 3 and the bal
ance Of the list increased and points.
| Sales Mt the four American markets
amounted 10 1853 bales aud spot duotati ms
| were not altered.
The volume OF the movement was momen.
tarily large. Receipts at all ports for the
day were 1851 bales, compared with 1862
for the corresponding day OF last year
| Since Friday they have been 1914 bales,
compared with 500 FOR the sa,nc time Of
Inst week and s147 for the corresponding
time of last year. Thus far in the season
they have been 7,449,9ss bales compared
with I,443,375 for the corresponding time
Of last season, Exports since Friday have
been 1920 bales, compared with - 900 for
the same time Of last week ana 81 .627 for
the corresponding time of last year. stock
at United States ports for the day was
1Jos5s bales, compared with 1922 for IN
same Gay Of last week and 2Tl sos Tor the
corresponding day Of last year.
The Times-Dsmocrat gives the following
rhetorical account OF the situation:
The average operator In cotton is puzzled
by tn fact that hugo mass he Is pleased
10 call lead seems to hcdt with all the
| buoyancy Of cork L.. ciher words, bear
! iSh crCp news a swelling stream N nov
/ bales and important plus corrections irave
no more impress on opinion thai the " nh
| drawn trgcr caves on the water. 81
! people are content to lose money when the
! loss nnds an explanation in the logic ~ tie
! environment. hut nobody IN rudy heal h
can swallow I'll lftCr pll With even tie
sDAhlince Of calm. Yc, this Kind II mis-
lnrty around the speculative rings md the
] familiar epitaph informal on Killed Him
/ Mil tbrol gh all the coming generations be
/ placed upon the Aeadstones Of those who
! know Il all,
II theory could stand In the stead Of prac.
| tice. the bears would be in Elyslum Just
! along lines so simple. The bear should
/ console himself with the thought that bad
news from the fields and light movement
I may usher In a decline no less illogical than
the present tendency toward A higher level
BY the same token the hull is summoned 10
| remember that he Is stru-ting rh0ut a stag
! which Is all trap doors. The puhiC's prep "
place Is in the auditorium, aad Will sa
remain for some -perchancc for sons
months. II Is mere madness TO buy sea,
sen ticket while the curtain Is stlll down
and the nature Of the play Is a mystery OF
mysteries,
Tho New York Chronicle says Of the dry
goods trade
There has been material Increase in TIC
number ~ visiting buyer, In the mark
this Trrk hut not corresponding growt.
500 The rHtuu,C ~ business iu progress A
first hands ia. gain has bacu slight In th'
aggregate. while the iobhlng trade has
shown lui moderate mprpyrmf Tn,
quic'csf division II the ~ l.ket Is seen o
staple tuttous rho demand for these stl
.W ug forward in quite conservative fash
iDn. There Is usually z good business doiu.
10 staple lines this time OF the wear. buyer.
making more or less provision for Their IA
lcQUlreWtnts, but hand. mouth purcha. e.
satisfy thcm just now There ls nothing o.
sigh suggestive ~ higher prices this fal
while there arc concessions being mad,
quietly loo different quarters VIII cl encour
ago buyers lu belief that outside II Ger
. falu spccialtes lower range Of prices II
lScv 10 prevail generally. The continue
absence of an expert demand of any consr
qucncc is trying sellers OF heavy cottol
; goods their mills are running out Of cin
tracts, and pressure "a sell Is beginning Il
chow In some directions. The wooden
goods division NJ the market has ruled firm
In price, aud fair amount of business ha
been done IN new spring lines.