The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1898-04-20

Aasla6exto ths Coadition Of Trade
Generally.
ANTICIPATING WAR REVENUE TAXES.

ofnce q The Post.
Houston. Tuesday, April 10.

81 Nb
! Office Of Tho Post,
Houston, Tuesday, April 10.
The business community feels as though
heavy load had been removed by the fina
action OF congress and tho administration
The suspense is ended and while changes II
tho situation may be looked for commerce will
soon adjust Itself to the new conditions.
Napoleon said the three things necessary L
conduct successfully war were; 1. Money
2, money; 3, money. The government n,
Washington hns already set about drawing
up war revenue bill TO raise money. Among
the articles which It is proposed to tax IL
coffee. Anticipating this tax levy Arbuckls
Bros OF New York are sending out to the
trade the following circular:
1.-THE agitation OF the matter Of imposing
an internal revenue tax on coffee, by n cabal
OF SPECTATORS who are short OF the berry.
makes 1t necessary for us, az "a measure or
precaution. to notify you that, for the time
being and Until further notice. VIC shall be
obliged to nccept orders for roasted coffee
subject TO the addition, to the price, Of any
internal revenue tax which may be imposed
before the coffee is shipped or delivered.
For the purpose OF influencing the action
Of the committee of ways aill means in con-
gress, this short Interest oabal have pre-
scented grossly erroneous figures respecting
the stock OF coffee now In the United States
going SO far rs &c say that 1t amounts to
from six to eight months supply, whereas
the amount does not exceed two ard half
months supply. according to the best In
former and unblased statisticians.
Tho great expense OF collecting an Inter
nal revenue tax on all tho coffee nov IN the
country. scattered as II IS among more than
100000 retail stores and 5000 jobbing nouhes
together with the un-Amorcan. inqulsitorlal
nature OF the process. and the further fact
that the measure has no precedent even dur
ing the great civil war; Will doubtless give
pause 10 our law-mnkcrs II the facts are laid
before them. Therefore, II you are not In
favor or Imposing an Internal revenue Ink on
coffee, We ask that you speedily register your
diaapprovhl of the measure with your repir-
scntatiyes In the congress OF the United
States. As this subject Is now before tue
committee or ways and means, aud action
upon II may bo imminent we request that
you do not delay In making known your de-
sires,
Please benr In mind that all dealers, grea,
and small Will be arccted by this tax. If It
be imposed
California Canned Goous,
The San Francisco Herald of Trade says OF
eInned goods on the coast: ''The free move
ment roted last week has qu,etee down to
legitimate trade wants. |, is stated that tho
demand laat week enabled cnnncrs having
stock In hand to place all or the bulk held
me 0uieter feeling Is no doubt due To a
lint fhnr ,..tD
cots the coming season than II was claunel
tnere would be, yet there Is no doubt TIM,
the frost cut the promised crop fully Go to TS
per cent. There will be n fair cron M
peaches, good crop Of penrs and n biz cron
OIL cherries. That is the way II looks now
Inc East reports quiet but steady markets
ior californian. but southern peaches were
weak and lower
Cured Fruit..
Regarding the situation in cured fruits mn
the coast the California Fruit Grower saws.
The local marke; is undergoing chnnp,
at this time owing 10 weather oondltiops md
The poor outlook for the coming rrop AorI
cots have been very generally damaged by
irosts and the spot stock of cured nnr,cota
being Hight prices are Lrmer. and growers
VINO nave fruit on hand rcfus. TO purt with
II except OF price far above the present
hlarheI, OF oven the Views of speculative buy
ers. ihefe is little or no change I'm Erstrrn
prices or demand, the advance being coni,ncd
10 the local market There IN no corner on
au i, dprleots, as dealers are willing TO part
win their holdings. Aprlcc(s cun no M,
CHASED In carload lots al rcasonable nYnrrs
me prices ut which growers are hoiding ms
lrui. at present has virtually withdrawn n
s soU,ar 9hua". .t from the market, causing
soinewnat OF speculative idea rs to prices
reaches nre firm but have not actually i'm,
proved IN either demand or prices as vet
rr nv outlook Tor the growing fruit crop is I'm
mud
crop WIZ be Forthcoming.
Trade Notes.
There will he no changes IN tho mica -,
Elgtn butter for n week. $3.50 VI
Some excellent Strawberries were In marko,
To-Day. a few crates Of fine Dickinson berries
sold as low ms 81 TO-
Eggs are still firm. A few sales in bulk lots
have been sold at shaded p.ices Mi r,ns,
business is doing at 10c. ''''''
Brokers received orders to contlnne n,e,-
ent quotations on hog products.
The tone OF the flour market is very firm
Feedstuffs are in good demand Offerings
are light and holders at initial points are in.
clined to restrict saiee.
A new basis OF selling coffees Ia about to bc |
inaugurated which requires the pssistanee or
N algebra to work out quotations.
Oranges are strong IN anticipation of nd
vsnces reported on the coast.
HOUSTON WHOLESALE PRICES.
ouotations for Round Lots OF stnn,.
Commodities.
These quotations are revised daily, and the,,I
correctness can be relied upon. The prices ar
tAoss ruling IN Houston wholesale markets.
HEAVY STAPLES.
AMMuNlTl0N-Powder per key, 81.
~; blsst!ng powder u eb per keg; drop y
PEI sack u;s5; buck. $3.50 F
.HAcON--Extre short clear, In sacks. I'd
Shc: regulars, eN66Nc: boxed 10 ~ ~:
smoked bellies, 7M17k: New York salsdBel.
leS 7hc; breakfast bacon. sGsAc.
bAG0INo AND TIEs-Less than caY lots
tKc. Tiss. Arrow. lS.ib. SOC; Delta. M e~''0'
CANDY-etick, wrapped, basis ~, 6kQ6.sc
~ -: special Sizes. No higher. ~
ea40A ~: prime lo@l0kc; choice I0xtiic:
1ncy ~ 91lkc; pcaherry i2%GisKc. Roast.
- coGeee; Arbuckle's Ariosa basis 1oO-ib
seess il,kc Delivered: ss-lb cases. ii.7oc y Dc.