The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1897-07-17
WEEKLY TRADE REVIEWS.
Dun Regards the Outlook as q Very
Good One.
VIEWS ON THE MINERS STRIKE.
Bradstrcets Believes II VIII unxc
n Deterrent Eject on business
Before Ii Is Settled.

New York, July l6.-R. G. Dun G. Co.'S
Weekly Review OF Trade tomorrow will
say; Excepting the great coal miners
strike. which may terminate at any time
there is scarcely feature of business out.
look which is not encouraging the season
considered. Crop reports have been i'm
proved by needed rain in some regions and
foreign adviccs continue to promise Il large
demand. In many home industries, partc-
ularly in building. there is more activity
than in any year since 1892. The week has
brought better demand in boots and shoes
and in woolens, while the movement OF
freight, mainly iron ore. through the Sault
Ste. Marie canal is the largest in its his
tory.
| With money markets unclouded there Is
nothing in sight to hinder rapid improve
ment when uncertainty about legislation
has been removed, for the miners strike
| could not last long IL business and indus
tries should become active. There is much
less apprehension of failure OF fuel sup
plies than there was during the first few
days, when prices rapidly advanced and
I
have reached Northern markets. but some
miners in that State have struck.
The advance in wheat 10 81 Is s not due
to the government estimate, which was fol-
lowed by decline. but TO foreign advices
and buying for export, Demand Is already
felt from Australia. South Africa, Brazil
and even Argentina, while the promise for
European crops is not cons dered bright.
| The disposition OF farmers to keep back
wheat for higher prices may affect the out
| ward movement, but Atlantic exports dur
Ing July. flour includede. have been BIS
| ii3 bushels. against 2953,Sl7 last year.
Wheat closed &c higher for the week
Cotton is l-ldc higher the closing or
partial stoppage OF important New England
mills hardly noutrali2ing the apprehensions
Of Injury from drouth The cotton goods
market does not yet show much reduction
in large accumulated stocks as the cur
| talment OF production would seem to rem
der probable but Is growing q little more
healthy without a change in prices
Woolens for the coming season have not
been generally shown. though on some low
priced goods advances Of ~ per cent are
| asked, and presumably Will be asked on
better grades. There is rather more bust
ness in recorders and the tom is more con
Sdent
Speculation in the wool market continues
with prices at oil points stronger Boston
advancing with signs of boom among
dealers, In which manufacturers are taking
little part at current prices. and at the
West, where holders are looking for fresh
advance
Imports at Boston were ,S62 bales in
the two weeks and the dealers are said TO
have bought 100 600 bales more in London
Sales were 10, 452 800 pounds at three prin-
cpal markets for tsie week and 2i.572. 500
pounds In two weeks, OF which ~ sol, 200
were domestic.
Tho output OF iron furnaces July was
1874 ,O64 tons weekly, against l6S.SS0 June /.
but several furnaces have gone into blast
since July and the output is large for the
season. Presumably an unprecedented share
of II is to supply the great steel companies,
which are. even now, putting more furnaces
into blast. and have heavy orders, taken
when prices were dropping. while the de-
mand for structural shapes and plates Is
large. and for bars improving though steel
bars are now al the lowest ever known in
Pittsburg-S7l2 TO 90c-with Iron quoted
slightly lower.
Tin plates are also lower at $40 for fun
weight and less than 50 is paid for 100
pound boxed
Failures for the week have been 263 in
tho United States, against 269 last year.
and 81 in Canada, against 30 last year.