The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1903-02-24
ITTON MARKET WAS QUIET

t mas been perhaps, without preceasr. .,,,.
luz eiyu war, Latterly there has hss sin &c
s1iee % evidence that IL has besp tSa ~
tent Of te Ike sHat, buying As to the ex.
Ing said I" ,nuiohte interest much Is be.
tbIss INA ~ is claimad that IL IL Of q
smtse'l9lu ownershlp One said 10 he I'm en-
way OF an Egyptian clidue oneratJi ~ tte
headed 1b, T tnIo "a and Liverpool another
IHIerred to As the New Orleans ciio,,e an9
~ inner referred TO as the Boston or Sc,r
ppneiand party, made up in large nert ~
i,r,crot ttpyldence and Fall River people
"puttntlug through New York parties T'he
Sg"Il9lhation In its entirety is yarionsiv
aCBute4 TO he holding anywhere from o0n'
W. holeS TO 100000 bales I'm tbe way ct
II lion nud Futures. Az this cotton
a. '"dStN hought on speculative account
NJ question as to whether BUYERS viii be
ipuHu 10 take Il off their hands can oniv
nI.u an answer when selling overtures are
bov,nt,,r' IN earnest. II is asserted.
iumv'eI, that the present market man
aEsrs nre predicting sensationasiy bfgh
!gU'S Tor cotton, aud this being the cnse
II We case that they are SO minded. II
sell ''LrE mat they viii be inclined to
e." AT current prices, especially as tbcv
pave, so long held the whip hand. snd
sCthing succeeds like success "lO
al mere u more or less cotton being sold
az the line on the expectation ~ a d.
cline under predicted pressure from, 4Gt
source Yet there Is nothing I'm the vroafh.
or nor In the movement Of cotton NOR in
o o,S "'ner OF the regulation market inlu.
ehcPS To start a selling movement evcs,t
a. desire to secure profits II is atm a.
cared that cotton Is being detained i'm tho
nIu'n ny had weather, and II is predicted
H. I'LL na{ lne movement will become very
nrNFN with normal climatic conditions a.
tentlon Is chilled also TO the RELUCTANT and
partial Improvement made nv Spot cotton
rs compared with the spcculatlve advance
at l.S puoSr OF ne situation has attracted
attention In certain quarters for some dnvs
past And It Is also observed that the nrire
or print cloths 1874 cents Tor regnlarsl I'M
not been advanced since February 2 when
me price OF cotton was ! cent lower than
u ~ ht present OF ten leading spot mar.
RGts hve reported no change Yesterday four
advanced ls cent and one u cent while
thn local market for SPOT cotton. with
ssa aae or nut 400 bales tthe transaction ~
"lp bales hut which included 4nN delivered
on contract. was marked M * nolnts 10
conform IN the late advance In the specu.
lative figures
Liverpool opened steady with quotations
slightly higher than on Saturday. Good
spot demand caused the market 10 develop
a better tone and prices advanced further.
In the afternoon the tone was Arm, and
prices were to points up. but an easier
feeling came over the market on rcports
OF good weather and the close was quiet AT
an advnune or I 10 . points above Satui.
days close Demand was fair I'm the spot
matRet with prices steady and . points
higher at the close.
New Orleans opened steady with quota
tons 20 points higher than the close
on saturday. The strength at the opening
was the reelection Of IAycrpools upturu
and upon this development buyers began
active operations, boosting prices another
polHL or Two. May went to 9.S5, July to
- huy se!llhg caused a drop Of or ,
% "a HU#r O. ...rn.