The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-11-09
COTTON VALUES WENT UP.

8 points higher, induced By the reports on
stock OF American and liverpool cables.
During the day some slight declines were
made, but at the close the market stood
q fraction above the close OF the previous
day. quotations standing 20 points
higher.
The New Orleans market showed little
change from the day before, prices opening
at almost the same nEures all through the
list, though several months were point
higher. At the close prices were steady,
unchanged to points higher.
In reference to the conditions Affecting
the market Just now, cammann Co. say;
"The situation In cotton this season, re
duced to It's simplest form, Isl
Il. The scarcity and threatened famine
Of last summer, sverted only by the early
receipts Of drouth .ripened cotton. reduced
farm holdings and mill reserves alike TO the
lowest level In years
20. Every bale required by the mills
this season must therefore come out Of the
ground.
20 The exceptional prosperity in the
United States, and universal peace after
several years Of distressing wars In China
and South Africa, insure still further ex.
pansion In consumption.
-. Responsible estimates OF consumption
range between 10sOO.OCO and IL $4,000
bales. Ellison the English authority who
last year underostimated the worlds re-
qulrements by 100000 bales, puts the figure
this year at 10,S00,ooo Conservative opin-
ions crystalline around 100000 as fair
estimate of the total consumption.
-, The crop, which must either produce
this amount of cotton or create a crisis, Is
still an unknown quantity, but sufficient Is
known Of II 70 warrant the conviction that
IT viii fan materially short of require
monts.
This is broad statement Of the situa,
ton. The unknown quantity is the Size OF
the yield, about which every one has his
own Ideas
The New York Commercial gives sum
mary Of facts in connection with the eli
mate OF Texas as follows;
There is wide difference in time, com.
mensurate with the extensive area OF the
State. between the occurrence OF the hrst
killing frost In the northwest portion Of
the section and the drst killing frost on
tho gulf coast In the nrst named region,
E.. e., the Panhandle. killing frost has its
average date Of FIRST occurrence near the
LIST Of November. while on the gulf coast
the average date Of stst killing frost Is
not until December %, ana not lnfrequent
IL along the gulf coast the winter passes
| without the occurrence Of frost destruc-
| tive to vegetation inc retardation ot
| bilHnE frost as the coast district is an
preached Is directly attributable to the
potent tu1uenCe Of the warm waters If the
/ gulf IN accordance with the well-known
/ fact that large bodies Of water retard tho
/ advent Of the winter and prolong the sum
mer season The influence IF the warm
| waters ot the gulf Is very clearly shown
when the average date Of hrst killing frost
| for points on the immediate coast Is com.
! pared with the average date for points hfty
| n 100 miles inland For instance, the aver
| age date of hrst killing frost for Calves
| ton is December %, while for Houston.
hfty miles inland, II is November %; for
/ vember %. and for Daneyang, forty miles
| inland, November IL.
The Panhandle and adjacent counties II
the south have October so to November ]
| as the ayera ye date of first Killing frost ir
autumn The northern portions Of the
State exclusive of the portion mentioned
counties of Shelby. Eacogdoches. Rusk
Smith, Anderson. Freestone, IimestoiR
Hin Ellis, Dallas, Tarrant, Parker, Erath
Hamilton, ccryell Burpet, Blanco, on
Coleman. Taylor, and thence westward t,
the New Mexico border, have November
70 10 as the average date Of hrst KILN.
frost in autumn. South Of this region 4
o line drawn through the counties Of New
, ton. Jasper, Tyler. Polk, Trinity Houston
Madison, Robertson, Milan, Williamson
/ Travis, Bastrop. Gonzales, De Witt, La
vaca. Wharton, Jackson, Victoria Gollad
harnes, Wilson, Guadalupe Comal Ne
dina, Frlo and Dimmlt to the Mexican
border the hrst killing frost usually occur
! between November 10 and 20 For the re
mander of the state the date of occurrence
> Of the first killing frost Is retarded great!
as the gulf coast is approached and di
| rectly on the coast Is December % to %
The average date OF the first killing froS
; for the State for the years 1861 4
as follows: 1896. November is. 1897, No
her o; 1900, November 3; 1901, Novembe
%, and for tho period OF six years Noyem