The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-08-05
INFLUENCED BY CROP NEWS. S

OF frost will be more important still. IL
Is, however, the consensus OF opinion tpat
the outlook has undergone a moderate im-
provement during July.
The situation was very critical when the
rainfall came. AS all the world knows,
some sections OF Texas We're visited by
floods, which inflicted great damage In the
particular localities Involved: But the .oF
was small when measured against the
total production OF the state. more
disquieting feature Of the Texas situation
Is the probability that wet weather will
bring tho boil weeyl into pernicious &C
tlyity. An early frost would also greatly
affect the ultimate yield AT the present
writing the prospect is for large out
turn In Texas and the Territories.
Arkansas also has greatly improved the
rains coming in the very nick of time. The
prospect there could hardly be better
Louisiana Is In statue quo. some sections
having improved while others have gone
backward.
Mississippi shows some Improvement from
a condition which, at the beginning OF
July. verged on the disastrous. Even with
the slight change for the better, this state
gives 10 promise OF II bumper yield.
Alabama now has the doubtful distinction
Of being the worst State In the belt Some
localities have don't well enough, but the
average condition is low.
Georgia also lehvcs much TO be desired,
although nothing really disastrous has oc-
Cured.
are on the whole pretty good. Here too
Improvement was the rule during the
month.
TO sum IN: Timely rains have rescued
tho crop FROM n far-renching disaster. 1t is
too soon as yet to accurately ascertain the
extent of the relief, but there cnn be no
doubt that with the exception OF the Texas
Hood district the benefit hns beeh very
considerable. The August developments
will have q very great Importance. and the
date Of frost Will be almost decisive The
raVagcs Of the boil weeyil constitute
special problem which. In the nature of
things, must soon he solved.
Fairchild & Hobson wired from New Or
leans
While the condition is 0.1o OF 1 point be-
low the average of the past ten years 1t
nevertheless Is 81 points higher than the
average OF the past five years, the large
acreage period. averaging s1.o against 1913.
Thcro appears TO he no urgent demand for
new crop arrivals, which are multiplying
| from day to day. Crop accounts continue
| favorable August tenders win probably
| be- Issued IN large numbers during hitter
| part of month. and az the September move
| mcnt of this year promises to he 1OJ0.HD
! or more against last year's 614,6S6. we fail
! to find any encouragement to offer In sup
| port OF the market.
! The Post Is in receipt of two cotton bolls
| from Hearne thoroughly saturated with
| water from the late overflow and with
| complete destruction to the fruit The
s s,i,. we're taken from a plantation at Port
! nve acres In the same condition.
New York opened / point up on Septem-
her and practically unchanged on later
months. Small changes occurred in the first
| moments and slow decline quickly follow
ed and prevailed until the later part Of
the morning, when there was a break Of
twice as much more and from which small
recovery was under way until Il half hour
| beyond the noon call Another weakness
! AZ this time brought bottom prices and n
steady rise OF about points occurred dur
| ! z the next hour and mndc tho range nm
~ the close. In the net result August dc
chucd points, September and the later
positions lost 10 to II points,
New Orleans started . to I points below
| tie previous close. This was the best II
| the day and the changes during the first
hour dbl not amount to over . points. \
| light decrease followed during the next
hour, after which there was whs Il sudden
| drop OF points. aud near midday an AL.
ditional slight weakness bringing the low
est Of the day. narrow recovery mp
| peared after ana n gain of = to 3 points
wns In evidence until near the wiudup.
J when there was another failing Off TO bot
tom prices In the net result there was n
loss of lG TO II points on all positions OK
cept March which declined ~ points Sales
at the four American markets amVintcd to
500 bales. Spot quotations were reduced
! 1.1Gc at New York nud New orleans ana
| elsewhere left unchanged.
The movement did not excite uncommon
interest Receipts at all ports for the day
were 1912 bales, compared with 22SG for the
corresponding day of last year, Since FIJI
dry they have been I157 bales compared
with $3.50 for the same time of last week
ana ol62 for the corresponding time Of Inst
year. Thus far In the season they have
been I, 43G,3iS bales, compared with 7,42l.-
1873 for the corresponding time OF last
season. Since Friday exports have been
O025 bales, compared with 2312 for The
same time of last week and HOBS for the
corresponding time OF last year. stock AZ
t United states ports for the dag was los,
$50 bales, compared with 23l ,2I7 for the
= same day Of last week and 323.Ol0 for the
e corresponding day of last year