The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1897-04-14

| DAMAGE TO COTTON
Rv the Flood Estimated at
/ $4,000, 600.
|OF THE ST. LOUIS FACTORS
mould Go skywnrd' Hut Arc
|. novyn by the New York
Exchange

patch. So,
!. factors say enormous damage
,oro 10 cotton planting interests III
n result Of the flood In Ar
,..lssippi. Louisiana and portion
..tern Missouri II is estimated
Lerative basis that the inundated
along the Mississippi river pro-
annual average OF 100000 bales
Nos, grade cotton. a bale Is worth
Iouis today and from this but
,ulation is necessary to form an
10 the value of the crop In the
isiriet. From present indications
ice output will be materially de-
~ the rayages OF waters; IN fact,
localities il Ia doubtful ii any crop.
h be raised. while in others there
sickly yield.
aitler as to the right time FOR
cotton, but 1t is agreed ny st.
tors that the best planting season
m the LIST OF April and the LIST OF
time varying somewhat with re-
location. In the Tar South The sea
course earlier than it is farther
Ii the present time the best part OF
country is under water and there
he prospect for the land to be put
for planting In time for the crop
Even II crop is planted, expert
es declare the yield VIII be far
average, because the ground VIII
et to secure good stand. In cot
hing language. "a good stand
hat there must be no barren spots
I'D after the seed has had time 10
Tough the ground.
kpected the outlook for a short crop
d prices skyward, but such turn
bet been taken. although the great
staple Is now exhibiting an up
bdency. Local cotton merchants
the New York Exchange has
do with keeping prices DOWN by
Ing that there is yet plenty of time
planting OF the 1891 crop, and that
will not materially interfere with
fage annual yield
the loss Of life and the suffering
ers in the flooded district is the
int issue at this dine, the fact
that the damage To the cotton in
one OF the most lamentable feat
he flood. and up to this zine there
but little opportunity to think OF
rgent has been the scramble for
safatv Tho THIN i.ts Of
ated region. The country that Is
Her water is said by competent au-
10 be the best cotton producing dis
the world, both as to volume OF out
quality OF the product No cotton
better price than that from the
along the Mississippi riN er, and
Flity is unequaled except by the
Ind grade.
PLY no man in ST. Louis has more
knowledge OF the cotton business
rome Hill Of the Jerome Hill Cot
pany. Relative 10 the situation, Mr..
Is:
flood damage has been irreparable,
what extent it will cut off the crop
can exactly tell. 1t all depends upon
operative power Of the producers
time the water will leave the
districts. 1t is the most serious
we have had for twenty years.
asked what effect the flood will
pom the value OF cotton, Mr.. Hill
fret to say that that depends entire
the interests OF the New York and
ieans Cotton Exchanges, who from
}hces. are manipulating in favor of
n consumers and against the inter
American producers. The proof OF
p never so evident as from the
|ol SPOT and contract cotton today
American markets. New York is
the current month, April. at I .05
Eailns uplards. while spots at the
PINE are quoted at 7,i3la for mid
Pplands. So you see that the con-
arket. with its fraudulent contract
I middling. is acutllay 80 per bale
IA the same cotton in The ware
Y New York. and 1t is rs low as at
I!nt IN the Southern States. Yet II
kany s2.5O per bale to place cotton
iork and deliver ii on contracts
II commercial wrong has ever teen
fed IN any country save the United
statistical position of cotton is very
Inc overflow is simply National
y. because Of it's damage TO the
pan'ihg interests. Planting is from
y Tour weeks late throughout the
~ states. Values are held down
new York mapipulators. II the con-
y New York and New Orleans were
y tomorrow to an average mid
s.'Mihg below middling clause, in
y oasis middlinE. cotton should be
icr cents. Tho best informed
, ., that 1t is worth that today on
hhi recently returned from a trim
y Ar6snsas. and with his many
Sauvfienee in the cotton business he
,gnay qualified TO givc out reliable
"' s GU the subject.
on men OF the Allen West Commits
,snpahy, dealers on an extensive
Wis wiz ne flood has wrought sad
lon COTTON prospects In the South.
,oe. was a resident Of New Orleans
ana years prior to coming to St.
h, !, Is vel yersed with the toDog-
Il luz h inundated country. He has a
ma anoWiedge of the cotton sltua-
IA , SsHees with Mr., Hin In saving
en- L.sent Hood Is the worst that
says ,th within twenty years. Mr..
,drc,naa t IN many parts OF the cot
now district the crop should be
loomv una he thinks the outlook is
he wo Hs 10 a probable advance in
DprIoSs unable to make rredic-
nra., ought to so up." he said.
but %, they will finally ad-
arke,sas yer IN the Eastern nd for
tlrelv especially anone people who
eot,o, ignorant as 10 the PRACTICAL
hat ~. hlowing. tho opinion pre-
TO Man II yet pleaty OF time in
men pi ia the crop for this YEAR -
is a so rs zone of the places on Main
co,,sn 0e,oie reminder of the palmy
bales ~ ssrowlng IN the Southland.
sesn .! the fleecy white stania aro
a sto ~ilsa M one unon the other.
iver VIII, throw Of the big AIlssls-
wing a, III with It's long line of
bavo ~ anchor. Northern imui.
South reached diversified farming
an trlaa 'ners and the exoerlment
,rv el considerably .v,,,tn ~ -.