The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1898-02-05
WEEKLY TRADE REVIEWS.
Oun's and Bradstrcct's Reports on
the Condition Of Business.
THE BANK cLGARlSGs REMARKABLE.
Failures In January Smallest an
Record--lrcn Industries nuny.
niw Movement IN woci.

| New York. February a--R. g. Dun q Co 8
| Weekly Review OF Trade will say tomorrow:
Actual payments through clearing houses
| are remarkable. tho showing being much
larger than In any previous month. sss per
cent larger than the same month last year
| and III larger than in 1892 The failures in
January were smaller than In any previous
year OF which there IL record and were prob
| ably smaller than In any other January since
1851.
Tho statement by branches OF business
given this week shows surprising gain III
inost departments of manufacture aud trade
Msnnwhilc the money market 10 confident.
koins uoes not come from Europe In large
amounts only because bankers nnd II worth
more to lend American money abroad. ana
tnn commercial balances are heavily in favor
81 the United States MS heretofore.
Prrhaps the most striking feature OF the
week hus been the decline In wheat With tx.
por,s o. aoss,S,a bushels asa,nst io,6tS last
1851, from Pacific ports, against SsssiS last
ycar. the temper OF the market has weakened.
the report of tho agricultural department has
hau some influence. although it's figures ore
not generally credited as reliable, The wheat
mNtkat has turned largely on the operation
muitis that tho price depends largely upon
foreign necds and upon the comparative
sSsieity Of the American supply.
! ne outgo OF corn continues heavy -. 5aS. TS6
buuhes, against s.SiS, 400 for the same week
last ycar.-and the excess over lust year when
EFFORTS were much the sr.atest ever known.
ihuicates n very heavy foreign dmanu.
The price OF cotton remains ,inrhaugcd hut
the fact that reecipts continue larger than
a az, INV same week q 1895, after the hcayi-
est crop ever known, checks speculative oprs
rwtions for an advance.
Iho iron aud steel manufacturer is steadily
Hhhing IN consumption OF pig iron, though
the production Of tho material Ia stin iii cx.
cess OF immediate demands, but not enough
W cause u decline In prices tn pitsburg or
0hitnso. Even the Southern producers are
aoie 10 rot fair price nj Chicago, and NJ tile
Enst anthracite liz unchanged The demand
fof finished products has been worry heavy, |
anu Includes for structural work aNoD tons
inr tho state capitol building In Pennsylvania;
INV tons Tor tho court house at Denver, 5000
tons Tor elevated railroads In Chicago and
numerous small buildings IN varions parts of
the country. The demand for car building mas
Deer very heavy, both East and West and |
pthtc demand greatly Increased nj tho East on |
act CUNT OF the orders from ship yards. The |
prospect OF y combination OF wire manuiar- |
tnrerF has stimulated the demand and raised I
the price for wire rods.
or conneisvilo coke, lb.ia9 ovens are In |
plati, with an output OF ih5, 900 tons weekly |
at tl,e quoted price of sisN0 for furnace
I'm Is quiet and steady at SASS. with "A |
visible visible Supply on February / of I2,i5l tons,
against S2,332 year ago
Exports or copper In January were about |
~ tons against 90s6 last year, ana tne
prle1 Is held nj lilo for lake.
TGerc is u better demand for cotton goods
slhtr me general stoppaee Of works Mt tho
saA.l put there Ia no indication az yet of |
hand.
IL WOODEN goods the demand Ia altogether
more satisfactory. IN asvanee of about 20 per
woolens and worstcd aud nearly all the mills
re active The sales OF wool NJ the three
iii u. IN markets were e,a6i 400 pounds, of which
aiiVH we're jofnestic. ngiinst 49, 593. 100 last
ieni, of which sSl3,Si3 we're domestic
Failures for the week were Sa5 IN the United
'am'es, aga,ns. ~ last yenr, and 80 In Cam