The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1896-06-27
DuN's REVIEW.


Textile Manufacturers Trying 10 Curtail
Production
New York. juno g6.-R. q. Dun & Co Is
Weekly Review OF Trade. which issues
tomorrow. VIII say The monetary out
look IS not yet clear to some. The strength
shown in the recent conventions by The
advocates of free silver coinage, aud cx-
prctation that all the elements fayoring
tlat pol cy may YEN be concentrated. in
cline them to waiting attitude. Their
uncertainty reiuIds mnroN -npnt, nofNitn-
standing the more widely pr1 yaiing feel
ing tnal the money action of The -. Louis
convention VIII be sustained oy the peo-
Pc. But many mills have waited AS long
us they can With safety. and signatures
have been gwen by enough cotton mills
oil fdil RIVER TO insure "A Temporary stop
page, II Is lated the nature Of wiiich is
now under discussion IN conference Win
the Providence manufacturers. Aiean-
while, the Pac.ie of Lawrence and the
Maumkcage OF Salem have closed for u
Tune, and pract cally al tAe Southern
cotton mills will be represented at Il
meeting on Monday with the same OBJ
lect.
Wooden malls are acting without concert.
but fourteen are mentioned in dispatches
having closed this WEEK
fnerc IT. no sim 'ar movement in other
indusir cs, though the period Of summer
closing In ut hand. In ron, controversies
MS 60 wages Of ron ruddlers ana other
hands make IL Ekcly that the annual sop
page IN that industry may last longer
Than usual
Tho weakness Of whoa, which has de-
olined 2lp cents. and or cotton, WHICH, Is
an Shth lower FOR spots though l-ss for
fr:nrcs have fun eSpan,iob IN decidedly
sooi crop prospects. Retains Of harvest
ing thus far support the hest estimates
AZ TO wheat. aUl the condition of cotton
has been decidedly improved ~ rams
| 'ins ru,s w OF n.tny iuiis aisJ lireltens
10 cut on tho demand bet Wen TINS date
and September 31.Wio 10 in,oQi bales, but IN
any event the stocks on hand arr impie.
| Wheat rsecpts nj weston pcr have
| been .. 2se 100 bushels, againSi lS,2tl bush
els las; year. and for three weeks past
| g55l 27S bushels, against $50, 0d5 last year;
and While Atiante exports 81, ha ~ nhair ~
Increased. 9monniing to @,,23 hhshsls.
| woeks # June last year there Is no reason
10 doubt regarding the sufilcicrcy Of enp-
piles; The hay crop , has also been ca
| l, II not wholly welt ,me but noces-
gary conclusion that prices are not likely
to hc higher.
| wisely reasors. Jrcmisos No cause "A fiI
m prices in finished ron and steel
| ii * r"poriet that lower prices viii soon
be made for coke, owing 10 better mtllza-
| tcn ~ hy-prodlcts ana for nails oWinu
| to the heavy decrease IN consumption. ! he
bilni i,-ol r'por,s no lr'ge ealcs. hut md
| die men CHI sidcrs continue 10 unders"l
| H. The now dcTnn nd f9r finished products
| IL very light. anb while quotations nver-
| age n shlde lower, most Of Thorn are cui
| ~ secure busInc4s nessemcr ag rs a
shade lower n, 1?.25 NJ 'it'slrrg.
| Textile nuisctur"rs. as has been said
| arc generally devising curtai,ment NJ pro-
| tprt,on. end the only change in prices +:
| downward
| Sales of wool have been ~. SRI 0oD pounds
| fer four waeks ~ whfch I.5NG t0N were
| domestic. against S83s3eGD has, ycar, oi
| which if i3' is5 wrrn dom, SITE.
| irai'ures fc- the week have been 21i IN
| ard - IN Canada. against c2 last wear.