The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-11-01
COTTON MARKET UNCERTAIN.

scaiper failed 10 ind a game that was
worth the candle. There Was greater
strength 70 the undertoDe
Liverpool was almost lost By its burden
Of apathy. Sales on the spot amounted
to 1000 bales AZ quotations lower by 8
pointA At the close contracts declined a
single point
New York opened 2 TO points below
the previous ciose. The scale was about
j point better in the trst half hour, when
which made the range through the balance
Of the morning. Another slight bulge
appeared at the midday call and rise
hour. A loss Of half this gain constituted
the changes during the later moments of
the call. In the net result November and
August were point down and the other
options stood unchanged 20 J point higher
New Orleans started 3 points less on No
vember and TO 3 down on later months
steady rise Of points occurred during the
nrst hour. A small reaction followed, after
which there vas gradual rise 70 the best
Of the day. The fluctuations we're ex-
tremeiy narrow until the latter half Of the
afternoon, when S-point loss was sus..
tained IN the net result November stood.
unchanged and the following options sd-
vanced ! and 2 points. Sales at the four
American markets amounted 20 laslT
bales. Spot quotations we're reduced 1-16c
at New Orleans and elsewhere left uu-
changed.
The movement revealed nothing new. Re.
ceipts at all ports for the day were 5o.31l
bales, compared with 57.577 for the core
spending day Of last year. For the week
they have been 1854 bales, compared
with 305.362 for last week and 40s, $50 for
the corresponding time Of last year. Thus
far ia the season they have been 1853, T13
bales compared With 1.9Vl,99l for the cor
FOR The week have been 2sS, 400 bales cNn-
pared with 209,OS0 for last week and 4l6.
$50 for the corresponding time o. last
year Stock OF United States ports for
the day was 6lO,lo2 bales compared with
eoT.a55 for the same day Of last week and
6lL447 for the corresponding day Of last
year
Weeks movement at thirty interior towns
with comparisons:
1907 1901, 1900 1899
Receipts 2o0874 s42,s7i 300, SIS 2s5. $50
smpm'ts .244376 eas,s3o 241. SOS les.857
Stock .... 4562sO 491,7e5 4sT, 1913 6l2.OG9
Liverpool cables: AT an extraordinary
meeting Of the cotton exchange November
10 the following resolution viii be proposed
Transactions IN future In 2-lOO Of penny
VIII be officially recognized aud may be
quoted on the official board"
writer IN the Cotton and Farm Journal
has the following: The fact IS, no one can
safely estimate the present crop First
drouth hurt: then too much raiu; next the
boll worm and shsrpshooter got Ia their
DESTROYING work IN many parts Of the State
Now the cold spell has done its damage.
No use 10 Say II takes frost to lnjnte cot
ton, for It's a plant that needs hot weather
and lots Of H. 10 make sud mature the
bolls Chill Il and oil growth at once stops
The recent cold spell gur It's work IN to
greater extent than most people appre.
ciate, One Of my tenRnts--an old negro OF
forty years experience IN growing cotton
said tell you. boss, our cotton Is shore
hGrt i sees squares and small bolls shrly.
eled Up and falling 90 Most Of these Old
time negroes know more about cotton than
those who live AMI thrive by guessing"
The fair price paid for cotton now makes
the planter hustle 70 get to market and
also TO sell his seed az q big price. which
accounts for the heavy rccelpts IfE inv
opinion that these fellows VIII regret their
hurry 70 sell Many merchants, short Of
money, cry large crop aud prices ufli
fan, and cause much haste TO sell now
but n frost comes early, prices wifi ilkeiy
80 killing --eveu 70 10 aud IL ceuts Cot
ton is about as great a necessity to clothe
l1e world, Including the thousands OF In.
hahitauts Of Porto Rico, who arc reno-tcd
10 be absolutely naked as bread and rneat
are 20 feed and prevent hunger.
cotton y King, no matter who SAYS TO
s9e contrary saw i sell for s1.io 10
Sl2o per pound IN 1868 People want n
ana they Will pay Tor It. As ] have safd
before "a tho columns 81 the journal. A
$1,000 nale crop IN tho United Stutcs
would not supply the demand N we com.
/ Siutr the requirements of Chlna and otbor
Z countries thst have been RECENTLY or,,,N a
up 10 commerce.