The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1897-03-27
WEEKLY TRADE REVIEWS.
Dun's and Bradstreet's Reports on
the Condition Of Trade.
NUMEROUS uNFAvORABLE FEATURES.
The Loss Sustained ny the Markets
Have Not Been Very Great.
Heavy Wool Sales.

New York, March 26.-R. u. Dun "
Co. Is weekly review Of trade tomorrow will
say:
The markets have sustained such sur
prses as they have received OF late with
very little loss. Foreign conditions and
London alarms. TIE collapse Of the iron ore
combination. the destructive floods OF the
Mississippi valley and the decision OF the
supreme court against the railway Assoc
Citations have been used to the utmost. but
not even in railways has the result been
important. Were all associations OF rail-
roads to cease II would yet be In the power
Of the capital controlling important lines
to stop serious rate cutting II II chose
With confidence that better times and larg-
er business are coming. men are less DIS
passed to throw away good investments
and the very fact that prices of products
are low is regarded as a guarantee against
much further decline In the industrlals
also the number OF mills and shops and
hands at work gradual increases are shown.
The grain markets have lost without
reason the gain they made the previous
week. Wheat supplies are running out. but
nobody believes there Is coming famine
before June, when the harvesting OF South
ern wheat will begin. Western receipts
were over third smaller than last year
and for four weeks have been I,6Il ,i40
bushels, against II ,SSi POS last year. but the
better prospect for the crop OF winter wheat
has more weight Atlantic exports. flour
included. were nearly as large for the week
as last year and for four weeks have been
5,0g9,72S bushels. against b.h06 200 last year.
But corn exports have hccn II .G2S. $40 bush
els. against i,770.tO9 laat year. When Eu-
rope buys corn. the equivalent of 6,Aoo,o 0C
bushels OF wheat at less than 60 cents. the
price of wheat is not easily advanced above
so cents
Cotton was helped upward an eighth by
the floods. but lost half the gain, although
manufacturing Is moro hopeful. Without
change in prices. goods were In better de-
mand and sales of 500 600 pieces of print
ing cloth resulted In stronger demand.
The flnal dissolution Of the lake iron ore
pool has been expected ever since the Cars
neeie Rockefeller deal. aud insures low
prices for ore the co,atrr- year though per-
hans no lower than in 1895. Mesaba facil-
tiles for production have vastly increased
and all the great steelmaking concerns have
secured mines Of their own. while means
of transportation have greatly enlarged
With assurances of cheap ore. hesitation
about various products should diminish aud
the demand liz steadily increasing. Bars are
still domoraliHed and at the lowest point,
but for plates sheets. wire rods and wire,
and all nails. the demand Is growing
larger. The demand for rails continues
enough to strengthen prices. although some
for speculative purposes. are onered be-
low tho present prices of mills, Tin IL a
shade lower with larger arrivals. though
| the distribution has been considerable and
| lead IL decidedly stronger Mt .o7, but cop
| per Is weak at | I5. Increases In coke
| productions appear and more is assured 10y
! the purchase of the works of the Cambria
| company. and while quotations are I'M