The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1899-01-20
WOOL FUTURES WANTED
COMMITTEE ON the RAILROAD FIGHT


4
the third and last day Of the Cattiemen's
convention to order. 1t ID good thing ths
rules OF tho association do not require 9
certain number to be present In order e
constitute quorum to transact business
The boys are hard to round up and upon
a few OF the faithful falls all Of the work
The hrst business transacted was the
naming of the following as delegates to a.
tend the National Live Stock convention,
which meets in Denver on january a.:
George b. Loving. J. A, Wilson. J. L, Har-
ris, Homer Eads. v. p. Brown. NJ. Half.
Ike Pryor. J.. NJ. Daueherty, N. SAMSON.
John b. Humphrey. Green Davidson. Pres.
ton Austin. Jube Guntcr, J. M. Kincaid,
Charley Martin. ]. f. Green. w. H. Jen.
ntngs. Jr, A. s. Reed. o. H. Nelson, J. L.
Pennington. l.. w. Kroke, II. ID. Yoakum,
]. G. Borden. H. keenan,. r. *. Erwin, n.
j. Kleberg. A. b. Robertson, Captain John
Tod, a. M. McF'adden.
Taking UP the unfinished programme OF
yesterday. Secretary Brown read a paper
prepared by Captain John G. Tod OF Corpus
Christi on the tick theory OF splenctic
fever. He advanced no new ideas on the
subject
Colonel Ike Pryor was down for dis
cussion of the Cuban trade, that Is, the ex-
portation of Texas cattle to Cuba but he
was Detained at home by sickness. He pre-
pared a paper which was read by the Sec
rotary. MIR. Pryor says at one time the
chances were good for this country to
monopolize the cattle trade In Cuba, but
he believes now that that time has passed,
and he scores the executive committee OF
| no hat far hal, Hat
lict In looking after the interests OF the
stookmen as 1t should. He favored tho i'm
position OF a duty on all cattle sent To Cuba
except those from the United States. Texas
raisers, he says, can not compete with
the scrub stock OF Mexico and Central
America unless favored by tariff regula-
lions. All cattle taken to that country from
the North are subject to an acclimating
fever which shows considerable mortality.
Mr.. Pryor thinks the future OF the cattle
trade with Cuba depends on the kind Of
stock first introduced there. and for that
reason he is anxious that the United
States with her high grades should control
that market from the beginning.
THE Sheep Industry. Past and Pres
paper by Colonel w. l.. Black OF Fort Me-
Kavitt. He took the position that the
tariff Is not solely responsible for the de-
preston of the wool industry, because UNI
der the Morrill, tariff the rates were uni
form for twenty-five years, during which
time the sheep business had its ups and
downs the same as 1t has since. The great
trouble with wool Is that 1t Ia not readily
Into cash as is cotton and wheat.
The warehouses are now full and no buy
ers have been in Texas for the past six or
eight months. As a remedy for this he adj
the trading In wool futures the
same as In cotton futures. The wool grow
er at present Is dependent entirely upon
tho manufacturer for q market. The gam
At the close q his remarks Colonel Black
the following resolutions, which
were adopted:
Whereas, the wool growers of the
State of Texas have been unable to fluid
sale for their last clipping Of wool, ow-
ing TO the fact that the limited num-
Der of dealers in this product have
sufficient supply for several months to
&C me; and,
Whereas, this stagnation In wool Is
an injustice to the grower, as well as
a serious injury to the development of
the wool growing industry of the
United States; and,
Whereas, the New York cotton ex-
change In 1891 expressed willingness
to buy and sell wool under the game
system that they buy and sell cotton,
provided the wool dealers OF Now York
would join their organization; and,
Whereas, the two great staples--cot-
ton and wool--are SO closely related to
each other In commercial sense,
that 1t would seem to be emlnently
proper for them to be handled by the
same exchange; and.
Whereas, 1t has become necessary
that the facilities for selling wool
should be extended; therefore. be 1t
Resolved. That we, the Texas Live
Stock association, earnestly request the
wool dealers of New York TO unite with
the New York cotton exchange for the
purpose Of affording such facilities
Resolved. That the secretary be In
structed to forward copy OF the fore
going preamble and resolutions to the
president OF the New York cotton ex-
change ard to some of the leading wool
dealers OF New York as we'll.
Captain J. G. Borden. on behalf OF him
cuted the following resolution, which was
dopted without discussion:
Whereas the existing controversy
between certain Texas railway COM
panies and the Texas railroad commits {
SIGN is working great injury to all J
transportation lines and TO the public
generally. including those engaged In
the live stock business; and.
Whereas, It is believed that fair.
frank and patriotic negotiations. will
lead to an amicable adjustment Of the
controversy; be II !"
Resolved By this convention. that
the railway companies OF Texas and
the railroad commission be and they
are hereby requested to open such me-
gotiations; that committee of three
from this organization be appointed by
the chairman to urge the course above !
outlined and to cooperate with other I,
bodies seeking the same end. with full 4
power 10 promote In every way re- !
moval OF the friction and differences i
now obtaining.
The chair appointed J, O. Borden. r. X
irwin and r. j. KIeberg rs committee IN '
ccordance with the above.
c. o. King presented resolution mp 4
rowing the bill now before the Legislature 4
, reduce the legal rate Of interest froM =
TO cents and the contract rate from 10 Il
, 8 cents II was adopted.
A resolution indorsIng the Vest bill now
endinr In congress TO create bureau In
ne department OF agriculture for the CIV
ig III public Information about the pro- Q
ucticn and shipping OF live stock was In h
'oduced by Col enel Black and adopted =
An invitation from Prof. Ccnneli TO visit :
10 Agricultural and Mechanical college In 2
lily was accepted. the exact date to b.
pnounced later. 4,
The selection OF tho next place Of annual =