The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1898-10-02
[ReNETER OF BUSINESS
rsdex to the Condition Of Trade
Generally.
law CROP PROMISES TO BIZ SHORT
!. ~ Last Years Crop Cornered in
]. Louis--rnimaSe's Rice Review.
poultry Has Declined.
Office OF The Post
Houston. Saturday, October /.

Office OF The Post,
Houston, Saturday, October l.
few more weeks the gathering of
.,s will begin. In some seasons the
Mus money realized from the pecan
bas been a boon to the Texas farm
a. II has BEEN clear money and the
hering is generally done by children
~ means that no expense Is incurred
- wear the crop was phenomenally
% and low prices prevailed. Houston
,m.ssjon houses shipped pecans to New
= selling them as low as az cents a
md delivered in that city. In Houston
~ IL would be defficult to gather up
m more than car load OF last years
and as the Texas demand is light
must he shipped to other markets.
Mis- connection the ST. Louis Republio
b:
me failure OF the pecan crop in Texas
mises to prove veritable bonanza for a
NJ the more fortunate st. Louis ccm
usion men, as prices have already
pbled, and there is every indication that
v will go considerably higher. The To-
firms are reported to have nenrly
b. 900 pounds In storage, and are holding
I'm for higher prices. AS there is always
trcng demand for all kinds of nuts dur
30 per cent in prices would not be sur
sing.
Reports from the South state that, In al
lon to the failure of the crop in Texas
re Is almost total failure in Louisiana
ssissippi and the Indian Territory and as
krly the entire crop OF fine nuts comes
a great scarcity of pecans FOR the holt
trade There are few grown In West
Missouri and Arkansas. but Texas Pc
bs always bring the best prices in this
rket. The crop last year was the largest
record and prices went lower than ever
lore For while during the spring pc
ps were drug on the market, ami Texas
tans were quoted as low as 2ls cents a
md.
E. Zelle was one Of tho first to recos
10 the opportunity for a good Investment
began buying heavily when pe,ans
ne at their lowest figures. He continued
take all tirat were offered him. and put
Fm in storage advising his friends to do
ewise. but they laughed at his predic-
ne Of higher prices.
Is now claimed that he has betwe IN
900 and 5000 pounds on hand. which
Intends to hold until the holiday trade
gins
psrnhart Bros. were also neavy buyers,
induced several of their friends to take
vantage OF the low prices then prevailing
load up with pecans, and they are now
n satisfied with their venture.
several other local firms stored nuts
ay In large Quantities, and now st. Louis
rs almost the total supply of pecans in
part OF the country. AS the present
p Is a failure they will be In a position
control the market, and can put price;
post anywhere they please.
hese local holders claim that they are
attempting to run corner" but with
greater part of the supply in this par
tne country in their hands ana the new
" very short one, it has very much
y appearance, as they are not offerins
pecans for sale, and quotations at pres
are meraly nominal.
weekly Coffee CabIegran.
ne weekly caplegram frim Rio to the
iorK coffee exchange reported the
Mmg' hlo shipments by steamers TO
w states during week, $4,000 bags; Rio
p.neuls py sail TO United States during
MI. RIO shipments during week to
ope, oo'ooo bags; Rio sh. pments to Cape
curing week, 5000; Rio purchases fol
teu States during week, 5000; Rio pur-
Tor Europe during week. 5000;
~ per steamer to United States, 1oc
no per cent primage; steamers loading
mo Tor United States, / steamers load
az mo for Europe. 3. Santos shipments
oni.ed States, 1900 bags; Santos ship
u,s ior Europe, 900: Santos PURCHASES
Srnited states, $4,000; Santos purchases
SuI-Pe, 10000; Santos freight per
ler 10 Havre, 20 francs and 10 per
,pitMase; steamers loading at Santos
onitea States, 3; steamers loading a;
,os for Europe, 4. Victoria shipments
uhlted States during week. MI. Baltic
Aiy receipts, 5000 bags; Bahia stock,
w bahia shipments to United States
ndnia shipments 20 Germany, nil;
a'a shipments for the rest of Europe,