The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-04-26
COTTON CONTINUES TO SOAR.

followed until there was a gain Of points.
after which some decline occurred and
made the level until Just beyond the noon
call. sudden recovery took place FOL.
| lowed by an increase " several more points.
which made the range until the closing mo
1 mcnts when an additional improvement car.
rled the scale 10 tho best Of the DAY or
the final call In the net result April
climbed NJ % points. other present crop
| options advanced "a to ~ points and later
ones went to > points higher.
New Orleans started . to ) better on
| near and unchanged 10 ! up on further de-
iveries. This was the lowest Of the day
and steady bound Immediately began and
continued with not more than two s,tback3
| throughout the morning A iopoint gain
was scored lay moon and an advanrc OF
points 10 the highest NJ tho DAY came
within the next hour. The latter improve
mont was lost in the next hour ard formed
a level TINT extended until near tho close.
when tho loss wns almost regal lcd In the
NET result all current options lncrrascl -
to ~ points and next crop deliveries gained
TO points. Sales Mt the four American
markets amounted to 7i3i bales. Spot auo.
tations were advanced 3 Ice at Sew York
aud lsc elsewhere.
Tho volume of the movement continued 10
recede. Receipts at all ports for tho day
wcrc i547 bales, compared with 1851 for
tho corresponding day Of last year For the
week they have been 6c,3s4 bales. com
pared with $3.50 for last week and II geo
for the corresponding time or last year.
Thus far In the season they have been
1853. 73I bales compared with G,b6r -03
for tho corresponding time Of last season.
Exports for tho week have been N-i-4
bales. compared with 1l4S2 last week and
Il.oBI for the corresponding time Of last
year Stock at United states ports for he
day were sos bales. compared with 6-S,
42i for the same day of last week and GIL
oj4 for the corresponding day Of last year.
Following has hccu the movement nj
thirty leading interior towns. with CON.
parlsons:
Shipments ...... 5G.OBn IS s6T 2Io3o
Stocks o. ......... 29oo2o 4s2,936 2-6Wn
A New Orleans wire stated about GO,
ooo notices issued Good fquldaton brt
fair demand absorbing IT, Looks higher
Another said: conc man was asked il
he sold any cotton today. aud replied TINT
he was too big bull to sell at this low
price
Violet New York. wired: Notices seem
10 have hocn stopped About $4,000 to 30,
ooo were issued Likely 10 have rcnctiticn
Of $50. in May Of which year mIddling SOLD
here nj l29s.
a special from Mcintyre & Marshall Ncv
York. snid. Liverpool continues to show
the way 10 higher prices our private Al.
vices from the South Indicate prospect NJ
higher spot market and state that no cotton
can hr bought In that secuon and landed
in New York within n points NJ present
quotations IN this market
Fairchid & Hobson. New Orleans. stated
spot market very firm, factors asking =
advance, some business doing Futures
very steady. some people talking l0c for
next week.
Tuesdays journal Of Commerce says.
Tho Journal m Commerce and Commercial
Bulletin has addressed its special cotton
correspondents with view Of asccrIanlag
the consensus or opinion on the new crop
prospects We present tho first Install
ment or their remarks. rcscrvtng, however.
i tho percentage figures on acreage for the
| hual report
In the l35 replies published rodny cover
! ing the state Of Georgia four report an in.
crenSc In acreage, dtty five report DO
crease and forty four the same as last
year This decided decrease viii como
somewhat as surprise " II shows Itself
to he general In an the states. II is c,i-
dent however,. from somo of our 'orrr-
spondcutn remarks, thu, tho shortage u
the coru crop last year has induced many
farmers to utilize portion Of their cotton
lands for corn
Planning has hpcn greatly retarded by
continuous cold raius, hut 1t Is fairly start
cd Tho crop car he put down as from ton
Iava