The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-12-11
ANOTHER ADVANCE IN COTTON.

ketlnE Of cotton has been due 70 the Gle
mcnts putting railroad tracks IN poor condi'
ton and making interior roads lmpussable
for hauling cotton to inland towns from
plantations very few such instances Of
retarded movement have been noted and
they are considered exceptional cases. This
exclamation. however, is accepted as rea-
sonnhie By some OF the prominent cotton
men aud viii stand as an Important point
TO be disproved
In the meantime. according to expert au
thority. such slow process OF marketing
the cotton crop. continued very lohg.
would Brighten Europe and sharp al.
vance In prices could not ne stayed. Con
scuuently the movement next week VIII be
closely watched, az it j. expected TO play
an Important part IN shaping the course or
the market.
lower than tho previous days close Dur
ing tho morning the feeling was duh and
quiet, but gradual improvement was de-
vcloped and options advanced slightly: Az
the close quotations showed a net gain or
IA to points for the day. The spot
market opened quiet with better demand.
Prices at the close were easier with loss
OF points for the day
New York opened auict with quotations
unchanged 20 points higher than the
closing figures OF the day before. Gradual
improvement was brought about by the
nervousness OK shorts. who manifested
alarm over the continued small movement
and prlccs advanced several points. The
close was quiet with quotations ] TO y
points better than the hgures or the pre-
Sew 'Orleans opened steady with quota
lions practically unchanged from the close
NJ the day before. Improvement came
early and continued almost to the close
January opened at 500 and reached sos
duriup tho doy. closing at 5 OF .OS March
opcpcd az S - mud reached Sis, with the
closing figures At S,lI.lA. The closing quo,
tations for the day showed n gain OF to
points over the close uf the previous day.
The current movement was about equal
to last years figures for the same day. Re
CENTS A. all ports Tor the day we're A0,l'o
bales. compared with 1882 for the corre-
spending day ~ last year Since Friday
thcv have been 1875. $50 bales, compared with
220.sa4 for tho same time last week and
2o4. G54 for the corresponding time Of last
yenr Thus far ip the season recelpts, aab e
07s FOR tho corresponding time ~ last sea
son Exports since Friday nave been w
3TS bales, compared Win l46,V5S TOT me
coTrcspondins time ~ last season Stock
a. United states ports Tor the day was
i,o786s5 bales compared with ! .o4S lei for
the same DAY NJ last week ana SbAdI Tor
the corresponding day Of last year
Tho New York Chronicle has tho following
to eay IN the dry goods trade.
Tho characte, ~ the general business
passing In the cotton goods division NJ the
market this week has undergone little
change The day to-day demand has been
NJ nhont average proportions and free from
spcciel features Of interest ~ the close
Of The week the market shows o soTmeWhaty
irregular situation. Ia all descriptions ~
roorcA cottons and In all varieties OF
mapped fahrics there nrc but small stocks
in the aggregate IN first hands, with most
sellers carrying no ready supplies Whatever
aud prlccs In such instances are naturally
very hrm I'm the heavy brown goods dt
vision the market SIS hgginnlug to show the
effects If thc continued absence ot business
of amy moment Tor export and the poor out
/ look iu that connection and The tone is
| easy with an irregular tendency In prices
Tho government crop estimate aud the sub
| scqupnt course 90 the market for raw cot
! TON have hardly figured ms factors I'm Oh.
/ goods marEct lu the WOODEN goods division
| the opening OF now lines of overcoatings fo
! ran pr 1908 no very firm prices has been The
0 chief feature.