The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1897-06-19
WEEKLY TRADE REVIEWS.
Saws DIM: Progress Toward Bet
fer Times Is Unchecked"
GIVES PROOF OF THE IMPROVE MENT
s.,reet's snys There Are Encour
aging Features In the General
Trade situation.

v.w york. June lS.--R. G. Dun & Co S
,..,r,v Review OF Trade tomorrow will
say: The retarding influence of cold and
reasonable weather has passed The gain
!, business in spite OF 1t was seen week
- and has become clearer to all. AS no
,,,,,ne improvement ever begins with an
Waiting OF prices before the producing
,,,ce has become fairly employed, this does
M, Buying of 1000 bales of Australian
vool BY one Boston house, 100000 tons Of
p,s iron by Wall street operator and ad-
ysneipg prices for stocks are the only
nroof that the actual conditions are under
stood BY some capital men.
There is evidence of gradually enlarging
business In every important department,
more Establishments have been set at work
and more hands employed; and while pru-
dsnce still binders speculative excuses
The progress toward better times is TN
checked. Reports from the various cities
this week show a very general progress
aud continuing large distribution through
retail trade.
The proof is clearer, as 1t should be, In
the Industrial than in the trading field
Contracts providing for consumption OF
100000 tons Of iron ore have already been
made, 1000 900 within the past fortnight
It is believed, though last years contracts
only terminated about two months ago
Bessemer GRE is selling lower by 20 10 80
cents than at the outset. but the heavy
demand puts additional miners at work, |
The speculative purchase OF 100000 tons |
Of Southern pig at 5.I5 clears the deck for
larger business at these figures and |
sales at Chcago-l50 600 tons-haye been
the largest for eighteen months. Reaction
after the sudden purchase of $4,000 tons
Of Bessemer ut Pittsburg leaves the price
at $50 But heavy orders for bars there
and for 5000 tons at Chicago. ma!uly FOR
Implement makers, with orders for many
new buildings in the West, one of magul-
'ude at Philadelphia and several at New
York, the larger demand for plates and
sheets. large orders for pipe and the pur-
shases OF steel rails. which have started
with good orders. are far more import.
iit than the speculation in materials
Coke production has increased $500 tons
without change in prices. Tin is stronger
It 1916. Lead is stronger.
Inc demand for print cloths for the first
une in many months has exceeded the
weeks production and the price has risen
tshade. while prints and other grades Of
aioa goods arc in slightly better de-
End
There is a more widely distributed busi-
ness in woolens than was expected Cloth
iers are buying, and. as they come late,
are 10 haste Some Eastern mills have been
~ the market, but the bulk of the pur-
s .is Of wool has again been by specuIa
e a,e houses at Boston, where almost 49,,
Vv"gW pounds were sold against G5jl 300
AZ new York and Philadelphia. Western
OPERATORS stlli pay more than Eastern
Prices warrant.
IN pfoduce markets the year draws to-
.aru close with slightly stronger prices
,Vi corn, owing 10 heavy foreign buying,
.lu IN cotton owing 10 better foreign mar
i AeA' Notwithstanding crop reports Nobody
,aa count the bales in June. but the out
H.. 20 gu NV VI dblf tilil lew IiihhG
,@se ventures against the yield not eX-
'e,dIng 1000 600 bales.
-, mheat was hDistcd nearly cents but
y, sl' about as much, closing 4 cent higher
w 'he week Reports from winter wheat
~. west Of Ohio had much influence, l
w.. sun more the great but really UNI F.,
'IVNh increase OF wheat acreage with {
A',p''onal prospects thus far. In two :
' ~, OF June Atlantic exports o. wheat q
",aA Iour have been equal to 4,g97 6j3
'I ,,Hi1' against CHOOSES last year /
!, ss,iures for the week have been l9S In ,
ne United States, against 27s last year, !
w 20 IN Canada agAinal IS last Yoar {