The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1896-07-21
BUSINESS BAROMETER.
,ds, 10 the Condition Of Trade
Generally.
N THE COTTON BEGINS TO MOVE.
r.. Set for an Improvement in
..ds-sugar Is O"e-E'sh'h Cont
Lower-Notes.
Office of The Post,
Houston. Monday, july ~.

Office of The Post,
Houston. Monday, july ~.
~. cotton season approaches the
a, the Texas business man be-
m,r,, cheerful. Cotton pickers are
lac at work In many sections of the
o,d nv the first of August the
,,,n begin TO move. The indica-
.r. that the yield this year Will be
IN that of 1871. provided no serious
va ,nterferes with the crop In the
two months. In August of that year
,,ases of new cotton we're mark ated
custom. Many traders are counting
a5.oVO TO 1000 bales this August.
m 1t is hardly probable that the
ment Will be quite so heavy, as the
ia later than in 1874. That year the
hale arrived Juno e. the EARL st on
IA: this year the first new cotton
marketed July 4, or eight days later.
NJ Houston had received about thr-
q bales OF new cotton by July II. this
the receipts so far have been only
bales. Reports of new bales are
received from Il number of points,
yer. consequently "A fair movement
tton can be expected next month. IN
quarters there Is disposition TO
a farmers TO hold back the stap.c
better prices. but 1t is hardly prob
that this advice will he taken. Prices
certainly very low now. and there is
10 probability that cotton may sell
hi lower before December |. Holding
IN has seldom boon profitable To
bern farmers. Those who held last
for the predicted advance nave re-
81 sold their stocks at a loss Of lGl2
per pound.
BRAIN a SAFE INVESTMENT.
prescn, prices says ". II. Bart
BIZ Chicago, there is no safer invest
for those who have mon " than to
grain and put it away. Grain il the
aIent OF gold. Every bushcl OF our
us is sod for gold in the markets of
world. Ii the investor believes tins
Try is going on silver basis. ne
ID buy grain with the greatest con-
ce at present prices, he!ng assured
any rrcmium on gold viii he added
e Price of Grain. II the country de
In Noverll n to retain 'he so,d
lard. the establishment of conf
b. the ro.nyesimnni of toardtnSs. the
Of money from f,urop. n nai mcnt
,r secur tics VII al. tend Ia establish
basis of n speculative movement
starting from present low prices.
give us sharply advancing mar
So in either event. Il purchase or
al the preTen' time by those who
prepared 70 hold IN until after tne
on, Or III the rr7hahle rssnlt Ct inc
on has been ascrriainci, seems In
he safest Investment IN light
DECLINE IN SUGAR.
er ahout two weeks of stcadiness at
hngod prices. refined sugar .,ade a
decline today. M grades were re-
&c the trusts card price for stand
rannlated nov being 5-sc. For locnl
cry daaiers have as We, made no
&C. rreierr.ng 10 await further de-
m,nts. The decline today was some
Of a surprise 20 the trade. the good
hd reported for refined suglr AL
~eok hiv'ng caused many persons to
lsie hotter prices in the near tn
an staple commodities seem bent on
llshlns ,ow records. however ANA II
Pnbliess very difficu't to maintain
prices m anything. Just row the
rs season Is causing good demand
~ ned susar. and IL values could
iiolh lfc.r own. this would 81 nin TO
II PRODUCTS TUMBLE AGAIN.
H. pork and ribs were weak. unset
Ai'd lower in the Chicago market to-
reported 10 be due to raiding by
ally and other Spectators! Lard Is
cents a pounl lower than the low
eeord ever made previous 10 1886,
'x To-Day at 3.i2 for September de-
,. Pork ,ou' ned $40 during the day,
e.osci al 6.i2. Ribs sold at 3.37 on
~ hg call. Despite thas continued
~, Spot meats are reported strong
solu up well. Exporters took more
",ih Tor some time iast week, whine
reported to have taken aO.OD)
seftemher Chicago In three days.
Push many traders say the bottom
sr ''h.h"u "a prominent niclgo
Is sun advising spectators to
p'e products. bas.ng MS advise on
mn,a NM N big long interest that mas