The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1899-02-21
4 BUSINESS BAROMETER
INTERESTED IN RIVER AND HARBoR BILL
His Fate OF Importance TO All In
enthusiastically Firmer-The Rice
Mnrket--Tradc Notes.

Houston, Monday, February 70.

Ofhce OF Inc fostv
Houston, Monday, February 20.
There Is nothing worthy of special men
tion in business ceoters The volume OF busi-
nsss continues rather light, but is slowly ex-
panding since the weather moderated.
1he fate of the river and haroor bill is now
o. deep interest TO all classes In Houston.
It's passage. with the s2.oOo.ooo appropriation
f3r the BufYalc ship channel, means more to
Houston than an appreciation in realty val
ues.
Even should tho present session OF congress
fail to pass tho BILL II is almost certain that
the coming congress will take action, and
the country at large realizes this. better
advertisement could not be secured for Hous-
ton. People In the North and West are al
ready making inquiries concerning Houston.
They desire to know what there is here that
should induce congress to appropriate $1,000
600 for the Improvement OF It's waterway to
the gulf-and they are fast learning facts.
Already the real estate market feels the
effect Of the favorable report by congress.
Prices arc firming up and there 10 good
inquiry for agricultural lands.
Advance In Canned Goods.
Tho effect of the tin plate combination on
canned goods can be understood by conlpar-
ing the price of cans now with what 1t was
before the combine raised prices Three
pound cans formerly sold for 81 per 1909.
Today the same cans cost SIT to SIS. The
last advance OF % cents a case for tin plates
has not yet been communicated TO the can
manufacturers, hut IL will add something to
the price Of cans. Sardnes have advanced
10 to 10 cents a case. due TO the advance IN
the price OF tin II is said that the glucose
combine will advance the price of its syrup
u cover the advanced cost of the tin re-
CURED in the manufacture of the cans The
differences in the price is said be Il CoIltS a
doAon. which will make difference In the
price price OF syrup. T. Is reported that every,
the tin combine aud that all consumers will
be compelled to pay more for their canned
goods. Or anything else put UP IN til, than
they did last year.
American Snrdines Advancing.
The upward movement in the price OF
American sardines continues, and since the
beginning OF the year the advance has been
about 10 per cent on the figures quoted at
the end of December. While the efforts
making to consolidate the producing interests
under one head have contributed not u little
10 the stronger feeling, the highsr prices are
ing In frst hands from the 1893 pack aud tho
Increased demands OF consumption. Tho dis
III IN the south and West are said 70
time of the year, the low prices prevailing
during the fall and carly winter months hay-
ms created lively consuming demand IN
those sections with the result that the sup
piles OF jobbers and retailers hava been
SPINS season when the demand from COB
sumers Is usually at its best Southern ana
Western buyers are beginning 10 look about
inquiry. coupled with tho small remaining
stocks In primary markets, is forcing prices
upward
The Rice Market.
Dan Talnage's sons company OF New York
say of tho rice market:
rho transactions OF tho period covered by
This report were the smallest Of the year on
account of the sharp advances In ccrtaiu
grades which have OF late been attracting spc-
cisl attention from the regular aud spocuia-
tive buyers. The approach and interrupt
tion Ct II holiday also furnished the coBven-
lent opportunity to take rest without
exciting the snspicion that there was amy
abatement of zeal and confidence. Tbs fort
going refers only to the domestic; the denlaud
IN foreign for home and export being free and
quite up to former volume. AdviccS from
nc South note restricted movement. Re-
cotpts have fallen of substantially and there
seams TO be no doubt among those familiar
with tho situation that the forward supply
VIII prove little, II any, in excess OF last
year at equal date. There "a large quantity
of rice still In the fields but /, arge per cont
oc II Is known TO be worthless and most or
tue balance OF stained aud inferior grades
Only fit for manufacturing or feeding pur-
roses. This. taken IN consideration with tue
further fact that prices OF ordinary TO far
grades are siill far below importing cost OF
tinren confidence There Is no other side IN
domestic. nor can there be SO long al the
Protective wall of 2 cents per pound guarns
AGAINST the inflow OF the Imported Respect
Ing better grades, they are fractionally high |
er and for this season suffer somewhat from
the competition of the hest selections in the
far marketed Is about 2b65O0 barrels as
against H0.0Dl barrels last year. and of thu
alannt remaining, most II not all. 10 In
f.ronS hands-pianters and Others who can |
market with :ieliheration.
Talmage. Ne~ Orleans, teiegraphs Louisi-
ana crop movement to date: Receipts rough |
tsfhSo sacks; last year Inclusive of amount
garfield over. $4,000 sacks Saies cenned
tas,imatedl; lslsi2 BARRELS; last year, Si,sCO
inshd steady; market very strong.
taimase. Charleston, telegraphs Carolina
r ri2 movement ,n 20 date; Receipts, cleaned.
movement former range OF values Bust
ness temporarily suspended account heavy
snow storm.
Trade Notes.
Eggs are weak at IA cents with sales slow. |
Arbnckle Bros. wired that they have re-
duted granullated sugar In barrels Lice
feedsfufs.
cottonseed oil is very firm and higher in |
tenfency.
lIog products made big drop in the spec
uIftiye markets.
.Nesrly every American exchange will be
closed on Wednesday--W ashington's birth
day.
The stoel 81 cotton OF Texas City is now
500 bales. There We're no receipts last week |
Adyices from the coast report q further
tLsrs being almost exhausted and closely
The Prices NJ all plumbing supplies. from
TAIN tups GOWN through The list 20 the most
70 per cent All quotations to tho trade have
nsen wiihdrawn by the la,se manufacturers