The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-08-03
BULLS REMAINED IN CONTROL,

the tendency to delay this quantity Of new
bales as 4 result OF period that must be
spent in repairing the damage which has
lately occurred did much to urge the course
OF values onward.
New York opened points mp on August
and to up on later months. slight
weakness at once made bottom prices and a
slow advance ranging from to points
followed, forming the level that ruled until
the beginning Of the last half hour or the
session. Another bulge at this time brought
top prices and variation Of not more than
points afterward constituted the changes
until the final call took place. In the net
result September gained points. October
and the balance OF the list went 10 TO IL
points higher.
New Orleans started 9 to points above
the previous close This was the lowest OF
the day and few changes occurred In the
early trnding. steady Improvement fol.
lowed until there was gain of fully
points This was Increased by the middle
OF the session, when the best of the day
was reached and after which there was a
slight falling off until the last call was
made. In the net result August advanced
points, September and February points
and the options gained points. Sales at
The four American markets amounted to
1927 bales and spot quotations were left
untouched.
comparison Of the seward movement
showed little difference. Receipts at all
ports for the day were ISIS bales, com
pared with 27s6 for The Same day Of last
week and 1916 for the corresponding day
Of last year. Thus far in the season they
have been 7435,oo6 bales compared with
T,4lS,2I7 for the corresponding time OF last
season. Exports for the day were $3.50
bales. compared with 1079 for the same
a. - Ia.af ~,
responding day of last year stock at
United states ports for the day was 2Oo, 12S
bales, compared with 22SSSl for the same
day Of last week and ,O13 for the cor
responding day of last year.
The Journal OF Commerce says OF the ex-
| port trade
| The fact that July is drawing TO close
/ without development of demand from the
! Cuban market is generally acknowledged by
sellers as disappointing 1t was expected
| that even If business for that market DID
not roach activity there would be at least
! y moderate amount Of buying during the
! month whereas few purchases hnve been
| recorded and none OF tyIN"nl character.
! The reports from Shanghai hardly encour-
age the belief that any Immediate change
! Is impending. business there has lacked
| animation, and supplies on hand are said
/ To be liberal In view Of current conditions.
| This wo"k there has heou In the market
| an Id nj Try or two, designed evidently
] tO lose the disposition OF sellers, AFTER
/ stan lara drills, but nothing has come OF
! them, and the situation smacks strongly or
! decided indifference on the part OF eX
portcrs.
The business reported from the Red sea
ports hlls the bin mp to the present time
| no further transactions for that outlet
! being recorded. There are, however, some
bids in the market, but not at prices ac
ccptablc to sellers. Az the transaction last
week, already referred TO, was at 49sc fol
325.yard brown sheetings the prices hiC
this week must have been on low basis
There has been nothing doing for the Eas
lndn market
Sellers Of leading grades of brown sheet
ings ANA drills do not make any change II
quotations. hut there is no Disgusting th'
fact that the general tendenW Is in favo
or buyers Mills are working off contract
without receiving new orders to make good
and the course Of the cotton market RI
Gently has not been such MS TO cause mn
alarm on the part of buyers. Even though
sellers decline go change their prices quota
lions may be safely reduced In some in
stances as below: prllls-Standard EAST
ern. SIC to &c; standard southern. 5l5c
= Yards SO to SIC; 3.2S yards 4Mc to 4Mc
, 40 yards 6ixGs, 5Iac 10 69sc $50 yards
4Ox4O, Assc to 4#c yards, A|sc to fAc.
7 business with other markets hns failed I
% reveal any new feature nf importance
4 There hRs been some buying NJ wprice
nrnts In limited quantities for the Phitr
nine. Hawaiian and West Indian islandf
b hut nothing OF any special moment in IN
I orders from South America or Australia