The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1899-12-01

| Total in two weeks ...... 1854 22i,i9o
| Total commercial crops =. l,i5O,ooo 600 ocn
This statement shows that the present light
movement at those four ports is no con-
elusive evidence. for 1t proves too much II
the receipts in these TWO weeks bear the sauie
proportion 10 the whole crop in 1895,
the crop would be only $500, go bales, and II
the same proportion as in 1892 the crop would
be under 100000, The light movement into
sight however. is the result OF the fact that
Southern mills are buying heavily in conse-
Guencs of the dissemination OF short crop
IDEAS and OF the southern mills having an
exceptionally profitable trade. AS conse
auence prices in the interior are kent far
above European markets. ana there is no
demand Tor Europe. except from those ship
pefs who have long ago made contracts for
shipment III prices much below what they
now have 10 nay. We begin TO hear OF slack
ening demand from southern mills. and DC.
or defaulted, II. NJ. Ncili."
II may also be mentioned that relatively
low prices Of cotton In Europe and conso
duently at the American ports compared WITH
those obtainable from the American sninncrs.
have operated as serious check upon the
movement. Country merchants ask. why
should they send cotton 10 tho ports whom
they ran sell Il better at h0mo?' To this
Question no satisfactory answer can be given.
and for this reason little cotton has come
down during October, or Is likely TO come
down till a fair parity be established between
mort and interior prices, This viii no doubt
occur when the southern mills ana ware
houses get overstocked as they soon must hc
Exports ATE kept down by the same circum-
stances but yet the continent has taken
already S66 coo bales against 500 600 and SOC, 900
IN th9 preceding two years
Crop-During the period OF short recclpts We
had supposed that Mir. II. Neil would bend
TO the storm OF short crop reports and reduce
his estimate To l0.5e0,gO0 or 20. and VIC have
rcpeatedly invited him to do So But he mas
only lowered his IDEAS az 70 maximum posi-
biuues in consequence OF the November frostg.
and not reduced bis former minimum estimate
Of I,0p0 coo by a single bale. II he should
have In future to do so. he would no doubt
rather Yield should facts prove him wrong.
than now whom no proof OF error satisfactory
TO his mind can he obtained. Texas has been
supposed to have suffered the most and,
therefore to promise the poorest Weld. hut
IN regard to that state he writes ON Oc-
tober -.
Herewith. inclose the report OF man
who went all over Texas specially to report,
and who send hundreds Of reports Of no top
crop and thoy will probably say this second
growth IS not top crop, which is true. for 1t
covers the plants which he has sent here
tNcw Orleans from TOP TO bottom"
Today he cables
In tho present light receipts. l sec no
reason for reducing estimate. Confirm nv
lloco.C00 minimum. Picking weather con
tiDues excellent.
Most Of the bad reports have lately come
from bank managers. Next TO the farmers
themselves. and the bureau. we consider these
gentlemen, however wcl-intontioned. the very
worst authorities on tho crop question. They
could not, besides, reasonably he expected
10 depreciae the value of their own securi-
tics even II they understood the subject,
w, ,n'S 10 hoI' one iuine ~ v'rlaln'
mencement OF picking In August been per
feet for maturing and saving tho crop. Pick
~ I'M ~, ea.i' 5"d. uSui'i HlnGi ca.
a,,ar me Sato i, ane ~ , H. oViS ~
ra,.cd n+.i' ~, We. -, q w. -, -
~, ~ S ~ ..p ~. - 90 40 -, 90
i; snit - ~, W. 80 ~, ~ I,,e,' u''ea
,had then prevailed The same thing also
Incurred In lSg7-9s, when the bureau and
W o1n ntn ent,uatea inc crop rom l9op,uVv
an, pr, 10 IN" Mnit !. nne,'y tu' n.y.
~, e'o'' noh WY 'Iiuu'u az r.uiuIpe M ~
IA ,i -; n,l'si ~ ns'et' va M. "a, ->.,l
- u'"p,'N'" ,,' ~ 'tuSu W W.1nessts on tu"
Tnnn ii, season5 ne n'neIea naterialiy
~ ,"e Il"N" ile H.""SS proven apron
I!at''' ,,bnl' tidu ~ utcn otnerwlse ma
s,, 'nnutne9 "VuIu, OF course, not nave
lasted Tor q day 10 face Of the tremendous
'"o''' W V"o ou' party 10 dlscreait MIN
-rho ,otiou.;,r ,o,,or 10 eel, o..,oa.,..
"o '"ltoNinE itt'c' ls sou explanatory
/ Messrs ;. A'unn d CO.. New York. n. Y.
Houston. Texas Noyember 40 ON tho Sth
d.,, os ear,or,,o,. ,,.noa -. MI, tIo,,.to,
p"' - ''N''ii'oeI i"''IV' ~ ih' llou''on
Post report Of tho physical condition of
the cotton crop, estimating the yield at
o oon ooo bolss aq tho maximum cron for tho
. 80 ''"'" w SO W
tultsa States passing my conclusion upon the
general condition of the plant at that date
/ IL will no remembered tbot tho disastrous
droutb ,yhir, nrcvniicd oyor ,r,,Nns ma tbc
Tntritorios in Aupnst on,hr.ced an Of thn
athsr staios dnrIIp tbo MANN ~ scntorn'
bcr rsSn TO-, n,1 ia =, ,n,,cht 90 n,a,,nrit,
q, i ~" , cop 10 p,ous"' W I't ~. -, tS
I5th day NJ scntnnher rho ION eron of tio
4 ottar not,np st,tos a., ,,at,,rod ~ ,hc L.,
MY ~ SCgten,hnr nnd he arst haif ~ DC
tnhcr I,bnratnra ~ ms, he nmna,ert ~,
aot,a ts,ii nss y" nn rn,,, 20
~ tha r,n,,th 81 ,',',,, ~ ,r III ~
san,a dignsta. r,oraiiSr. In 40 atho' 40, tnn
stntcs drrin, he n,nnsh 81 Scntonnhor 49,
ei~da, tba ,ossthj,i,v ~ , nm n,o,, snr p'his
aaso sn,,st 49, h ,to, ~ ~ t''''
scvSpa dro,th nro"nuod oyo. nir,ost Az ,I''a "
,ir h a.t ~ @ sns en-
nisntoJ ,hoi,' c,nns VII o,I ~ nH.h
inches ~ s,,rface ,,ois,urs .N '" r,'s,,ii
10 "tan,. or ,nai rnot 90 th 49,, nfnnt
,ritcb at,,ins its all ero,y,h h, ,yth p rto,.
", ~ srnf,i,, so,n ~, r. hih ~ up'u w. w.,
uormal Conditions 70 ' Sontb Of Nine 20
sixtann inches boneotb tho snrface on,ia ro 90
hence ,ve ma n"n ar, nna D einrnd ~
roat Eol,o,virt, a A., ,,I,,.or ~, en.,s ssp
nergect dains riai,cd thA on,top hal, ~ ne 90
IA Vas, 49, ~ Iuna ny IVA ~ st vi pNs s
| h,Iv ubirh cnuscd tba .sSao5Srs' ~, nh,.o,,
| ,nnte witch ,ra, ,nor a shert ~ 10"
os, ~, 80 =, ~ 80 ~ n", palsn' NV
aSiatoty errsdSr ~ "a 3u' ~, IN
aas marched H. q dro,,tb W ~ ,,oat,, -
s,ta.,nS,,sod 80 .i,s S pN tu,au Hsas
~ rnr,hysas,nss niatrs Ho,hIns M, n l'u ~
i,,, s a. -, p's ~, m,toh aussu ,ue
4