The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1903-01-28
COTTON MADE UPWARD JUMP

OF the semi.weekly interior movement at
thirteen towns 10 show receipts Of only u.s.
COO. compared with 64,4s1 last year and
shipments $1,000, against 7465. II was
also reported that Fall River had advanced
print cloths lie by quoting regulars at
'3S1e
Being controlled by such developments,
traders took 10 the long side Of the market
and the advance established at the opening
was gradually added to until the close
showed material gains. the range being . to
10 points higher at New York and 10 to ~
ut New Orleans. Longs showed no medina
ton 10 close accounts aud the market ruled
rema rkHhly steady ~ to the very close. n
Liverpool opened quiet ana steady Win
quotations nOminaly unchanged from Mon
days closing figures. Bullish Influences We're
felt early IN the session and the market took
an upward trend. Later IN the session prices
became firm and higher in consequence oi
the heavy spot business in the market
which showed great increase IN the dc
mand nsetS Tesihcr ,o II tm na I rTiccs
continued to advance until the close showed
gains ~ ~ io points over the hgurcS Tor
Monday. business was good tn the SPOT
market the sales reaching i6.uW bales. Ihr
close showed prices hrmcr nj an advance of
4 points over the quotations for Monday.
New York opened firm with prices 10
s points higher than the close on Monday.
Ilycrpoors unexpected advance gave an
impetus 10 the market and In connection
with light receipts and unfayornble weather
caused continuation NJ the advance during
the dnv The steadily upward trend was
uninterrupted MS nearly all news was bull
| ish, md March rose 10 $50 and May 10 $50
| before the close The closing quotations
| were steady. with range Of q TO 10 point
above the closing figures nf the day before.
New Orleans opened steady with prices
! 4 TO = points In advance Of Mondays close.
| Bulsh Liverpool cables caused the higher
I opening aud with general hullish news
caused n continued upward movement Ttnd-
| ing was nctve during the day, hut there
were no downward fluctuations, the advance
being maintained throughout tine session
/ March reached the highest point near the
close and touched $50, while May rcacntu
sg4. but ehsed on points. The closing
| figures showed an advance over Monday y
( close NJ 10 10 IL points.
/ There was slight excess In the current
movement Receipts at an ports for the
day were rs asa bales. compared with 1890
for the corresponding day Of Inst senson.
since Friday receipts have been rs $40 bales.
compared with los sci for the same timo NJ
Inst week and atiIl for the corresponding
time ot last soason TWs far In the season
rrraipis have hren 5.T44acl bales. compared
with 5.o27 ia FOR tho corresponding Inn" ~
lag season Exports sine tria "a l h9{c 't to
! same time Of last week aud l2h.t5l for the
corresponding time IT last season. Stock NJ
! United Stntas ports was ln5".uiS bales,
compared with i.u1G U2S TOR the same dhv ~
last week and Ju8i for the corresponding
day of last season.
Now York arm gives the following view
Markets are slightly lower on the larger
amount I'm sight for the week, hut mer
chants remain SO puzzled that they arc
Whiting for further evidence Of the croT
movement before acting. ArhtraGe brokers
give the market the best support on revSrs
Iug stladdlc opgratIn between this mnrkc
nnd Iivcrpool Speculation is dormant. I'M
snort Interest has been reduced today on th'
itXpectution OF "A rally In LlNcrp"ol ioiho,
ltpW. The market has been uhlntcfcNtlhE ~
p dnv and Will be governed by the movement
/ should IL show another incrcns" next "t"l
, lower prices win rule, ns We compare dut
: ing the next three weeks with ~ smHl lr
j. movement last season. ON amy decline aplll
G ncrs are expected To he large buyers