The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1898-01-25
PROSPECTS.
| rHE PAST CROP At
kyES MILLION.
a. mat Farmers VIII
ACKNOWLEDGEMENT
,s,cc. as DISASTROUS.

London, in their circular
.,,er reviewing the move
date, take up the subject
and under that heading
..,ion being then approx
a. about 100000 bales,
.,r q. Of prices? In the
p, nav we'd ask with such
,rs.,se in prospect--an in
" previous largest crop OF
,oa OF bales, aud an
''1 last years crop OF
ana Of bales. which is now
s S how is it that prices
ouite unchanged since the
ar. indeed, for no less than
Eve are questioned as to
.bsol,lte quiescence is the
tar activity and a recovery
n the other hand, 70 a sur
mart of holders to the In
,Ss pressure of supplies be-
.seable. AS to this, much
depend upon the extent OF
t,ne and the propitiousness
A. the planting season, es.
y, and May. Until June, all
rostications on this subject
nj. Al the moment, 1t is I'M
ali confidently on the sub
nd hand, 1t Is very plausibly
oston growing does not pay,
IN poorer lands, Mt present
N II certainly does not pay
4 a. at 4iid tand thus afford
20 for exertion). But, on the
Il asked What else can be
. profit ?" For spring wheat
md labor conditions are not
winter wheat ought to have
ralnd by october or Novem-
Ruld not be so, for the cotton
been picked out. Ploughing
n the South till January. ln-
Sing a spring planted crop, is
kble. but prices are ms low as
{orn. when much Is produced,
,rnad into cash at any price,
POTION there is always a mar
{at the South calls the "only
Then every farmer looks at
Irest, and not at that of the
iuity. and it is certainly more
n TO have $50 bales than only
4 price he may have TO sell
Ialone will rot be the cause OF
wer prices, but lie alone Will
loss, and this loss will be the
has but little to sell, and has
how price because others had
largely and have plenty to
he the arguments on the other
ey are certainly quite as for
|preyious ones. OF course, they
Sheir force if prices fell to a
for the mules or plows could
Fed or labor paid for. but with
Is It can not be contended that
! vet reached. Whether it will
\ reached before planting time
hsolyed question. Should it not
Ia on the contrary it be found
BENT price is about a minimum
b, then the average price of the
h would be about 6 cents al
) or perhaps 3A at Liverpool
average with this years mon
|e South would have obtained
bo,0o0 gross for its crop-say
10000. With this in hand the
erest is now reported to be un-
Ing, and confident, and by nc
BED to throw up the sponge
reducing the acreage.
however, asked for Mr.. Henry
b as to the probable tendency
bid have received the following
y by cable;
ports and interior towns in
Ecck now in this port 100000
OF print cloth presumably in
ngland mills 1000, 900 pieces
ing Stock at same period of
pieces. The late feeling IL
ton reduced the short interest
He, and now the bulls are sell
q a decline is more generally
We ourselves believe in ma
Ter prices. expecting planters
oldlng back their cotton, wher
erywhere are we'll supplied"
! Is evident, that should the
nhdence which has recently
sustained the market agnins
ing crop views, continue II
outh would be so reinvigoratet
more heavily than ever, ant
ollity give us another enormoui
lad to the great surplus tba
'ely be carried over from til,
?. Nothing can save us from
,ls result but a further decliD,
l'ore planting time, We SAL
adyisedly, for it is nobody''
cotton should fall greatly be.
NAL cost of production. excep