The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1897-01-16
Dun's Review.

New York. January 15.-R. c. Dun
Co.'S Weekly Review of Trade tomorrow
VIII say; The greatest growth and pros
per,ty the country had ever sen came
suddenly IN 1879 after sevcrl months of
disappo ntment because specie resumption
had not yet brought the benefits expected
1t Is not the largest and most powerful
vessel that can Toe started the most qu OK
~, and 1T takes time for confidence TO
reach through oas.er money markets..
larger orders. resuming mails, expanding
employment and larger distribution 10 the
results which make stil greater ami last
Ing gam possible. Such gradual and steady
Improvement has been N proSr,ss Tor
more THAN two months.
The output of pig iron gained l2.3 per
cent IN December ana il.b per cent since
october /. The outpu of coke has in-
creased IS q per cent since October l. sal =
of wool have again become large. though
npt Yet fully reported.
The money markets fell on "A steady In
crease in demand for manu- turing loans.
Additional works have gone into opera
ton each week and the workalg force IS
larger than at any other TINE for SIX
mDiAhs.
Many WHO are ANXIOUS 10 get an early
| hold on the market are making Tor the
! moment lower prices IMAM lhey coull az
| ford to maintain. Some have secured or
d,rs eaough for months Z, come and begin
| tu be less keen IN competition.
| with the incrcas. in the output OF pig
| iron TO lig 100 tons weekly against li2 ZS
| last month the price s n shade lower ut
| the Eae.t and in Chicago, but heavy pur-
| chasas have already advanced Bessemsr
tons Tennessee No. for export VIII Yield
| oniN. S6.S7'a at the ,ml. and the Shipmen,
! of 2oc1 tons h.llots TO Mum ,hoster VIII yield
only sl5 at Plttsburg. Steel bars have
| been reduced 81 AMI some other finished
products 81 per ton. but the demand on the
| whole Is steadily growing The coke out.
| pat has risen from $1,000 to $1,000 tors
weekly and miners meals are a shade
| strCr ger.
Textile manufacturers are not encourH
| scarcely increases though more pr.nt
| cloths were soi than for some tune But
soma mode Of clearing away ne enormous
prices are expected in. goods, ana s'r
! buying is not unnatural since cotton has
| fallen us per cent since September 1
'rint cloths have fallen per cent, bleach
| ed goods az to ga, and brown goods 2i2
8 aud 4 per cent. Though WOODEN Fooue
do not Improve, there have been enormous
| purchases Of wool by large miYs not "
January showing ll.llO,3g pounds at .thy
three chef markets. against ll,sl'to ran
| wear and 1868 SIS n 1895.
Some large purchases OF leather. tnt1ud,
ing 1000 sddcs of ERA n Indicate thai
some shoe manufacturers are seeing then
| way c,.nr TO more active work. AMI ship
ments from the Fast in January thus ~
are 20 per cent larger than last year. Hides
at Chicago are 2@ per cent lower.
The wheat market has varied but slight
w. closing hc lower
rraders begin to rearze that tho eror-
| nous exports OF cora are taking the place
of wheat IN foreign consumption and WI
lessen the demand II what become
dearer.
Cotton t,olS n rise Of Nc on traders es'tl-
mates without conditions,
Failures for the week have been 400 II
the Ifntt-si Stltes, against Si5 last year
and II in Canada. aga 81 last year.
The aggregate Of the gross earnings OF
all ra fways lin the unhte1 state, is.or',ni
for thu frs, week Of January IL 81 lli.0i2 ;
loss of 40 FER cent compared with th'
cnrrespouatnR week last wear. For lpec'n
Der more compete roturns for the mont
show groie earnings ot StAnSh9l2 Tor IN
United states roals. n loss Of 20 per cen
compared with Decemhor. 1898. arll OF s..
PEE cent connarad with December. ls92.