The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-07-20
CLOSE WAS DULL, BUT STEADY.

sirnsd thst the growing crop will be en-.
tireiy lest sight Of.
New York opened point down to point
above the previous close. slight weakness
az once made the lowest Of the day and
2polnt rise followed the .evei OF huctua.
lion for the FIRST half hour. An upward
move followed and continued until TOP
l,iceE were reached by the middle OF the
srSsicn. partial loss uf this then took
pace and no changes 81 note appeaLeu un,
ID the closing m0u.ents, when gradual
advance 70 the best Of the day again SCI
IN AMI extended until the opal can. In tne
net result July gslned 3 points, august .,
September and the other options stoou un'
changed 70 2 points higher.
New Orleans started up on July ana
lower on YoIe distant positions. w
variations we're very slight AZ nrst, put
q small drop soon occurred aud nude bot.
ton, prices steady improvement followed
ard extended until best prices we're touche0
at the end Of tue first hour. A sudden DC
cline az shis time almost caused the loss
of the entire gain. whiSh was not recovered
until the last hour ~ the session. slo"
upward move then began bringing an ~.
crease up 70 the close. In the net result
July advanced points. August a. septem'
her / and later months lost 20 points
Sales az tie four American markeis
amounted to $500 bales aud spot quotations
were not touched.
The movement did not excite wonder.
Receipts at all ports for the day were
G74 bales, compared with 4242 for the
same day Of last week. and PAS for the
corresponding day Of last year Thus faT
ia the season they have been t.4p,oio
bales compared with T,370.e63 for the cor
responding time Of last season. Exports
for the day were 6S22 bales, compared WITH
8ugi for the same day OF last week, and
ii .a:ss Tor the corresponding day Of last
year. stock at United states ports Tor
the day was 2ss, 269 bales, compared with
2Sl .0lJ for the same day Of last week
and 4O4.943 for the corresponding day OF
last year.
The New York Journal OF Commerce out
/ lines an improvement In the export trade
! IN the following:
! The chief feature in the export division
| ~ tho market this week has been a de
/ rnnnd for heavy drills for Indis, which has
resulted Ia the purchase Of several thou
! snud bales. The business has been done
! on what both buyers and sellers declare
! 10 be private terms" but there is little
| doubt of It having been put through on
| a compromise basis That Is. buyers have
| improved somewhat on former bids, while
| ing to former limits. II Is noteworthy
4 thar this business mas been done ~ q time
! when cable advlces from England report
that the Indian demand there has OF lat
! dropped out
There has been no change IN the attitude
! Of buyers for China. Inquiries are agar
I reported In fair numbers. nut no Dds OF
4 n tangible character have come forward FOL
any quantities. Business IS said TO have
been done in one or two specinlties IN
small lots. Up TO the present time there u
no Indication Of the expectations enter
tanned hy sellers 81 an expansion in tn
| China movement this month being fnlhlled
The bids made are on a low basis lowe
| than what sellers are prepared TO entertain
whether for near or distant position, an
do not seem 10 bear the stamp OF earnest
ness. The Shanghai market ls not moyin
in q way to encourage hopes OF aggres
, siveness on the part " exporters Will
the home market is still In generally goo
] shape on export grades. The Red SCI
t | demand has been Indifferent throughout
, The tone Of the market for heavy brow
| sheotings and drills shows no chance
= any moment. The following II y fairl
; representative range: Drills Stnndar
p Eastern 5esc 70 e., standard Southern
b, 5lbc: 3.yards SIC to SIC. Sheetngs Eas
ern standards. 5a,c 20 SIC: Southern stan,
= ards. size to 5Rkc 3-yards. &c to 5Ac; 3
@ yards, 4@tc to 4Tsc; 3,ioyards, 64x6S ~
to 5Asc; 3 Jo.yards 40X4o, 49sc to 4e.c;
yards 4lsc 10 iNc
s Business with Central America has bee
It light, being interfered with by poiticl
=. troubles there. Brazil and other Sout
American countries have sent forwhl
G. about nm average supply nf orders, Wit
lie out special feature. Th9Stcmand fro
> Australia has been fsir goes hat marke
but quiet from the/But ippine ~
'e Hawaiian islands AMI na. Vest Indi
e generally. Cteu, not