The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1896-05-14
IA BUSINESS BAROMETER.
, IN the Condition of Trade
Generally.
lroy FAVORABLE CROP OUTLOOK.
- rattan Yield seems Assured.
- r..sts,,ess Of mn Advance On
sugar Trade Notes.
Office OF The Post.
.r "Wednesday NAV Il

.av,ces from Texas points have
Wv al been favorable recently. Cor
a.n,s state that rain has fallen
IA where needed and that this
-. cotton crop has secured the best
q, md stand known for years. Plant
~, been completed In nearly every
..,.r and most OF the crop is now up
s,,ny well. Good rains fell in South
:. southwest Texas yesterday and to-
and will be OF great benefit. In a
,o,sIlties weev!l and cut worms are
~, considerable damage. but taken. as
6,is HE outlook is very favorable.
MI Inc acreage this year Is no, doubt
ssSent 10 produce crop OF 5000, 100
ass in Texas. it Is not thought that
w.. will he materially depressed there
sranting that this large expectation
s.ii,sd Last season opened with an
..r.a surplus stock of American cot
rb,,e in the list of September this
=, we'll posted parties predict there
N be practically no cotton on linnd.
~. the most favorable weather from
,.a an NV 1, is hardly possible inst the
H.. arm Of this country viii nc greater
an sppDN bales. and IT /! es--
m,ad that the present consumption OF
-sr,ran cotton Is lp.MG.Vp bales a year.
Sm this 1t VIII be seen that there Is
DANGER of oyerprodnction this Year,
d very little to occasion ears OF any
ai.rsi reduction In prices. A crop Of
TsO bales OF cotton al I canis VIII
4. Iris State about $50. UoD. $50 more
oney than was distributed last year.
SUGAR WILL ADV ANCE.
NE seasonable warm weather now pre-
iiue Is conducive for u large consump-
N Of refined sugar, and ouyers VIII no
NIB, appear again eager for supplies
fore very long as there is nothing in
sugar situation to cause uncasiness
Isu. Willet 81 Gray think that the
I.li reductions recently made ate only
rpo.ary and that the general rise must
unue and be permanent for long
he 10 come.
4 discussing the condition of the mar.
they say IN their last letter: The sugar
nation must lie considered as a whole
u not upon basis OF any short erioa
time II Is evident from the best in
tnalion ob,ainahlc that the strong pcsi-
10 Of sugar can receive no permanent
back until October, 1891. at least. The
son Why the rise is not already greater
that this campaign started with "A
&c stock Of sugar on hand. which it has
Ken some time 10 distribute down To
point wher. the actual shortage or
BPS begins 10 have its Legitimate effect.
~ year we Reached our highest stocks
The United States On June Il. when they
'e elsao tors. Highest stocks this
kr can not come within S0o.0W ions Of
ee figures probably, ANA It is no, likely
at any time thereafter he Emitted
tes will be carrying very heavy stocks,
that there VIII Ne Il steady dram on
srpa for supples
will be when THIS demand Is felt in
.eN that the advance III sugar viii
Wy begin. Thus Tar all Improvement
BE- considered preliminary, ami h,nce
reactions that follow each rlse so
aarly while the. advanced basis is
Ns ascending. The hast previous re-
|oa was from l2s 7's6>,o is I'D. fol.
by rise TO rs i'4N and Me pres
reaction reaction TO Us %, The next advance
SHOULD carry prices toNnear 1ls. The
thl reaction should be at nm end
very eeoi improN einent be realized