The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1897-08-29
WHOLESALE NuYlNG.

NiloislssNNiAE w 1 i4NNF
Mr. C. /. Milard secretary Of the Chi |
cago Coal anu Lumber company, with |
MIR. C. Il. Griffin, buyer FOR the company,
has been spending some time among the
millmen o; this section tho past week.
The Improvement IN demand and the cub
stantial though not 'apll reduction of
stocks Is causing something OF a stir
among the large Wholesalers and retailers,
who are cndeaNoring to make contracts for
future deliveries. They ioresee a decided
advance In prices and very likely an nc
tual scarcity OF lumber and II is to fore
stall the one and TO provide against tho
other contingency that some of the larger
operators IN yellow pine are now visiting
the milling section to make contracts.
Mllmen who have long borne tho brunt OF
low prices are not. however disposed TO
CELL large quantities At present figures.
They are taking caro- " their customers
wants as they are node known but they
VIII not voluntarily curtnii their profits by
selling their output at tho ruling Hist
when they believe prices Will be al.
vanced In the course OF the next two
weeks. 1t IS reported tina, Mr. Willard has
bought quite largely. however. and Is psr-
haps on the safe side.
PRESENT AND PROSPECTIVE TRADE.
Beaumont journal.
II begins TO look as II boom times will
OF foT weeks, ana, indeed, the reports
from various sections are OF nature 10
indicate that the Improvement has already
gone beyond expectations, AS showing the
feeling IN the country north OF Texas the
journal gives below the extracts from n
letter written by m intelligent lumber
mn t,tn In. sl.h n.
manufacturer whom he representa- LII the
opening paragraph some names are omit.
ted, but with this change the letter is
printed as pennei by tho writer
MIR. ------ At -------- yard manager
there and the seeming Territorial mana
Ger for the ------- Lumber company. is full
Of boom. lie says their folks will not
be more than able TO supply their yards
With stock and therefore viii practically
he out OF the Wholesale business unless
they buy largely. am not as Wild MS he
but within the last twenty four hours
have seen prospects that are calculated tc
make y fellows eyes bulge.
The wheat yicll North, west and east oI
this section Ia simply enormous and tte
price It has reached IN tho last few day
Is making the country feel good | was
: told at Ponca City that thirty tive
threshers had been nnloadcd there and
that they could not iiaish the crop bofor,
December, They say that county has
made i,l50.000 bushels, l understand tina,
this great yield 10 lust rs good over or
line or tributary 10 the Rock Island road
The lumber trade Is now rushing, TO,
various reasons given by the dealers VII.
Many waiting TO got their grain threshed
those that Lave theirs ready for market
are sun holding from day TO day for bet
ter prices, and many of tho farmers hay,
dropped everything and are preparing thei
land for next wheat sowing while III,
ground is IN good condition to be plowcd
The towns as rule. at least tho large
ones. were oyerbuit during the boom an,
are doing little or no building al this tim,
Many OF the yards that sold on time thi
summer and spring ON the strength OF tn,
wheat crop have had fine trade and hay,
been buying largely In the last four o.
I'VE weeks at prices az cents to si.50 un,
der our present list and many OF ,her
have not received the material they cav,
crdem FOR. and II II does not soon heglr
70 coinc In they are going to buy Of othcl
parties and Mt such prices as win insur,
the shipment OF the material. Remark,
able as X may seem to you, have not a,
yet seeu car that came from your coun
try or had single dealer to say they hat
bought OF anyone on the Southern Pacific
have made Il q point TO Inquire Of al
Of them an TO whore they are or have bee,
buying The sellers to . these varlov,
dealers havc them thoroughly convince,
that there Is no mill IN the United State
thar can MI orders now. Several hay,
fold me they would buy two Ia three car,
n thcy knew they would not get wha
they hnd bought The consumers I'M nor,
are thoroughly educated to taking an,
Kind ~ stun. Just 10 It is cheap. but Ii
my opinion this Is going 10 change. ii
the boom-spectIative- houssbuilding fel.
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