The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1897-07-24
DuN's REVIEW.
Good Crops Here and Poor ones
Abrond Add to Confluence.

c,oJ Crops Here and Poor Ones
Abrond Add To Confidence.
New York. July 23.-R. G. Dun Co.'S
weekly review OF trade VIII say tomorrow
Tho end of uncertainty regarding duties on
hnports gives greater confidence alike to
those who have opposed and those who nave
favored the change, The great strength IN
stocks. particularly In those of the Gran
ger list, reflects assurance OF heavy crops
Tho rise in wheat is remarkable. not
wlthstandng that assurance is basca on
heavy buying for exports ana that the io'-
eign demand Will be large. To be added
~ this il the confidence scarcely to be OBJ
served a week ago The receipts In gold.
whether from one side OF the Alaskan Dor
der or other. swellod deposits at the miHts
and in The banks OF this country. and II
the shipments from the new regions answer
current expectations ii may have an eject
simllar to that ol the gold discoveries IN
California.
one relayding force. the strike OF coal
miners, has caused the closing OF Few
manufacturing works for want OF fuel, but
negotiations for settlement are Sun pushed
with hope.
The wheat market ID the sensation OF the
hour Since July the price has risen IL
cents IN to Wednesday. when reaction OF
cents was not surprising, but the close
was 5-S cents higher for the week. IL 10
notable that this rise came In the race OIL
highly .ncourasiug crop news, which is
moi disputed and had for support nothing
mi foreign conditions and demand. Actual
buyfng for export at the time mas been
heavy and loading Of cargoes here and IN
california for countries which usually con-
tribute TO European supplies great!y
strengthens the impression produced ny
continental reports That tnere ID speeu-
,atlye handling behind the great advance In
evident and that the buying Tor export has
non vel resulted In Atlantic exports quite
ms large as last July 10 date. 4,e32.4iO bush
ella flour included), against 4,pGl ,74S last
year. Western receipts, 5,2oi,2H bushels
in July, against 10,275.527 last year. indi-
cafe The concerted delay OF shipments,
which, however. rNely Withs'ahaS ihe IN
fluence OF q substantial rlse
Corn exports are stiR heavy. 6,G35. 305
bushels in July, against 2.42l.939 last year.
which perhape, reflects more certainty
than the wheat movement the actual con-
ditions abroad. Both because OF the season
and because Of the pending action on the
tariff. Industrial operations are waiting aud
vet with an Improvement which under such
circumstances 10 significant. The half
yearly production OF pig iron exceeded that
Of The last half OF 1896 BY 1865 tons, but
outside the great steel companies there IL
little activity at this time; though they are
increasing throughout Ins Illinois Steel
company has sold basH steel for export to
Germany. u New York sale Of hoys for ex-
mort to Manchester u announced and adj
aitlonal Pennsylysnis iron basp TO England.
psssener biz Is K shade lower with other
QUOTATIONS unchanged. but the demand for
plates. sheets. pipe ana strNcturei WORK =
mand. lin q 1885, and lead et t3.lb and
cnnrssr Il suetsina q II i-sc for lake e.
,r,rfs though the June production vas H.
sss tons and Tat q she hs's ysar aos'sst
IN Tssss ! y s.ys,sl &c. Y 3 sc,s -,