The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-07-03
SALE OF THE FIRST BALE
RAISED m SAN PATRlclo COUNTY
AND BROUGHT 2s 70 CENTS.
Large Gathering AZ Cotton Exchange
ard Event clsbrstes--Innportsnee
Of Fleecy Staple.

The sale of Housions arst bal. % cotton
ior lsi-'8 took place under very ausp!eio1s
circumstances yesterday. The aooT - ihe
Cotton Exchange was vel slle1 with thoss
who hare particular interest Ia tAe AeecT
STAPLE and quite a ngmber II business ueu
% ctbcf Lats were aisn present
Ihe race that ~as On between shippers
frco fotE Dsviae and slniou Texas. Hss
not pursued 70 the end and Is a resalt tAe
slntoa bale had 10 rival Tor asst piaeS. Ia
view q TIE hesdWsy gained 81 this bale
the shippers - Devi1e gave lalsy orders
Tor 1ts ssle a thelr bale 81 ssu AatJi!s.
Thus complications 10 the n4t,s- aeie
averted, but interest vas by 20 Taeals .css.
eae1.
The bale had The uaususl vei.at af Cls
pounds according 20 tie scales u. p1biie
weisaer. and wss early placed Oh c11i8:-
ton az the main entrance " the C0tion
E2caanse, where Il was freely aaur'ci. II
was eissse1 az good riddling. all ger cot
ton. and Captain C1ristta- Chairman % f1e
Classification committee stated 60 Q Post
reporter that the staple Vas excellent aud
vel matGred. 1t was raised bT 5 g. BoT-
dea a sharpshurE and James MeRH,wn, C.
y. Dorharty and Joha s Do1shge ~ the
towa q san Patric.o Il vas shipped "
eIpress 20 " 2. Cleveland & Sl1s. c-.
rlTias late IL the afternoon q J-ir J.
" aen TIE hour for .hc sale approached
W-.cl s-Gr=tsfy warner ale the 'li f1d
TIE bidding starreA &css-s. Ueu.r q
FLlot made the 1rsf oLe- - so. Eg Rich
t-e Cooke almost doubled t1is 1y q O.d ~
fl-5. Esrke a Pilot then .zcrea sod thei.
oaer 70 $50. Thomas keAoe x Co. q1ieE
" raised this pr1ca so aud Theo. Keller
msde bid a SAB Iauau, Se.us * Co
ran y up q $40 ~. Iaamas ke1oe i
c4s'1uced these egures hy 81 offer o. SllJ-
hrd Ia0neS KeEoe e Co quickly made an
otasT eld Of $50 Tbs -'2t1ct0 ile PIE.
ana after calling 'oncc, twice, three times.
Mr.. Warner declared Messrs kehce s Co
tee purchases. Mr. Eehoe stated t1at roe
bale Will be shipped = H-~re rance. s1d
Josepa's innrmEry 81 This city. Punch vas
thea served ana the crowd made u1errv
oYcr an event NJ particular commercial tI-
p0rfance - Houston.
runner u prosperity 20 Texas. Co-tsp $
King and Texas Sc BIS empire Wen -1ay
the producer q tAP staple way i1-7 tle
market with autocratie mr.. There u1r
be times when the demand Sc Glcd rr 7'7en
purchasers are absent or conditions prpalrit
thc sale - ether products sut there has
not -et been tiEe when tls f.--lsr could
rof return home with the cash foE Ills cot
thst Houston with SIS splendid facilities
saould be the leading market and disiTi5lt
Ing polat Tor tue vast acreage az Texas and
the era ~ prosperity ~Aica Sue na7set-A
~ the eencv STAPLE inauEurates
Willie the price paid Ter the -rst bale t1!'
rear does net compare wei rltc -at best
I ones formerly gwen. there COLD pe no com
plant 10 Offer IN the mind u any farmer
p-ncn cotton is soid ~ IS 2-3c Ter pound
THIS was the price paid f0- the bale FnI'
has hAen growing tendency in late F.''s'
. 10 reduce the heavy prem uu1- and aoonse'
that have been awarded The Srst balls ard
20 get the price To- some m sugt nai'
10 crcorrog H the thrift and i1dus'~y -
oui-ed 70 GET the initial ship n ri oa 'hs
e. ~rEet.
n rour-riso- tha arrival %, the drst bal
5 !s ucusually sariy ta!s yeer. II has be1l
2 hos-s- trst three r'-os-og June - lNl'3
y--. 7a ls~i md June .. 1901, while 10:
xa.rrs tr sel- f. 80