The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-07-01
SOME REACTION TAKES PLACE

weakness then appeared and extended no TO
the lest hour, when recovery o. sane
made the range for the balance OF the ses.
sion. In the net result July gained IL
points, August and the other options
stood unchanged to l point higher.
New Orleans started Z TO 3 points UP on
summer ard to 3 down on later months.
This vas the lowest Of the day and an I'm.
provement soon began. Causing an advance
Of points IL the FIRST hour 2-pointt
drop followed with a recovery Of same AMI
these differences made the limit Of fluctu1-
lions until near the end of the session
slow rise to top prices took place then and
remained until the anal call In the net re-
suit July gained points, August ., Sep
ternber 8 and ID. balance OF the list ed
vsnced 10 3 points Sales at the four
American markets amounted TO 452i bales
Spot quotations were Increased i,16 at New
Orleans and elsewhere left unaltered.
The tendency Of the movement was quite
unchanged Receipts at all ports for the
day were s71e bales. compared with 500
for the corresponding day OF last year.
Since Friday they have been 55T3 bales
compared with 1910 for the same time OF
last week and 1898 for the corresponding
time ~ last year Thus far In the season
they have been 7.3sfsJ4 bales compared
with T.23S,s25 for tho corresponding time ~
last season Exports since Friday move
been sos bales. compared with ls1A Tor
the rTTnr ftf1r OF IN ~ week VIII J-VA loE tNe
corresponding time ot Inst year Stock ~
United states ports for the daf vas 800
300 bales, compared with 34a17T for the
same day ~ lasr week and 447F21 for the
corresponding day ~ last year
Following Il seminary Of the New Or
leans Times Democrats second crop report;
The Times Democrat this morning pre-
sents the report Of its correspondents On
the progress II the cotton crop during
Jure There has been moderate deterioFa-
tlon. taking the belt as n whole. but tho
impairment has been less than the logical
expectation, when the high figure Of eondl-
ton on June ! f. taken into the account.
In the tTO Cardinals and Georgia the out
look approaches perfection Cultivation
IN those districts has been good and rain
fail has been adequate The only drn "
back IL found tn the presence OF luSects
which may yet do great damage.
IN Alabama the prospect ls less roseate
by fnr. very diverse conditions having pre-
vailed IN different parts Of the State. The
general condition - only fair.
Mississippi has distinctly gone backward,
drouth having stunted the plant, quite cool
nights have also done some damage.
TouiSIana has a!ao suffered from drouth,
but rains Of last few days came at a most
opportune time.
krkansas leaves little TO be desired.
bumper Yield being among the strong pos
sihilities of the future.
Tennessee r. likewise very good. the Gull
tivatlon having been careful and the Tain-
fall sufficient
Texas was on the verge 81 n terrible dis
aater but timely rninfalls would seem 10
have saved the situation. FOR the prc7elt nj
least 1t Is feared, however that the
moisture may bring the boil wecyils Into
pernicious activity.
The sum up; The cotton crop still gives
unusually high promise.
Corn is practically failure over greater
part Of the South
Fnirchlld & Hobson wired from New or
leans:
The June condition Of this year was rs. !.
Of last year 81 r. The July condition Of
last year was 81 /, - year before 81 9
previous year and el.2 IN 1898 Estimates
on this years condition run all the way
from S. to 20 the general idea being for a
condition n about So Had the govern
rnent reports included the rnins after June
! 25 a much higher average than what IS
! anticipated. As the matter stands, how
/ ever, the Texas. Louisiana, Arkansas and
! Territory rains since last Thursday VIII
| NOT he Included In the making up Of the
! July condition and together With the bcne-
| Ats Of the scattered rains In Mlssiasipni
| and Alabama. can only ne considered IN
| conjunction with the report 10 be issued
/ BY the government. Manchester weekly
! trade ndTiceR are unfnvOrablc- Texas press
| advtces report boil wrevils disnppearing;
the fields clear well cultivated and plnnJ
In good condition TO take on fruit rs re-
suit Of recent rains.