The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-10-23
COTTON MAKES AN ADVANCE

Win run about $1,000 bales short OF last
year. The loss on last years increase n
8t2.OCo bales 10 the worlds visible supply
q American VII probably amount e. l,Q9,.
and enlarged takings Of domestic mills. The
business was considerably Increased and
the interest Of the public was more pro-
nounccd than ia the recent past. Offerings
were made with greater reserve on the part
Of spot holders In all markets and while
the same official quotations ruled. the tone
was improved The decided course OF hue-
tuatlons left no room for doubt as to the
hrmer faith OF friends OF the commodity
10 be intensified as the signs OF frost per
nit
liverpool was highly encouraging TO the
bulls. Sales on the spot amounted TO 900
bales at quotations lower by 4 points Con.
tracts finally closed at n loss " to .
points on all positions. Mr. Bustons de-
clsion 10 wait for the end OF the growing
season before giving his figures rs to uiti.
mate supply was quite sufficient TO hold
the attention OF the English market.
New York opened unchanged 10 points
below the previous close. This was the
lowest of the day and slight variation took
place during the FIRST hour There was y
slow upward move during the balance u
points ut midday a similar advance took
place Ia the next hour, after which there
was a steady Improvement that extended
TO the time OF the dual call, when best
prices were made In the net result De.
rember advanced l3 points, January - aud
the other months went 20 IL points
higher.
New orleans started to points down
on near aud . less on later months. Prices
did not iuctunte more than points from
TINS Level ~ the early trading and gain
Of "a 4 points IN the middle of the morn.
Ing made the range that prevailed until
the noon call A more decisive advance
started In the afternoon aud was sustained
throughout with the greatest strength ap-
pcanng nc fhe close. In the net result
January and Fchrunry gnined . points and
the balance of the ist climbed up points.
Sales nt the four American markets amount.
ed to 1850 bales mud spot quotations were
not touched.
The movement did not change lts shrink
ing tendencies Receipts at all ports for
the day were J6ooS baes, compared with
GJ,T50 for tho corresponding day Of last
year Since Friday they have been 2iJ,062
bales, compared with 220.062 for the same
time OF last week ana 20i,533 for the
corrcspondlnc tlmo Of last year. Thus far
ln the season they have been SJ3. a82
bales, compared with l,ioO,596 for the cor
responding lme of last season. Exports
! since Friday have been l5t, 13S bnles, com.
pared with lG4,026 for the same time Of
last week and 2Os 5ls for the correspond.
Ing time ~ last year stock at United
states ports for tho day was 5sf,053 bales,
compared with 5l5,52O FOR the same day OF
last week and Gls0lG for the corresponding
4 day Of last year.
The cotton yarn situation IS reported MS
I follows:
The market for cotton yarns this week has
not gained to a uuotahio extent IN prices,
but In few instances sellers report that
Z they have been able To do some business on
better terms than q week ago with buyers
who had then declined to come up TO tho
prices sellers were holding for The bulk Of
the business done has, however boon ON
tue same bnsis ns the quotations last pub