The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1899-11-11
DUN AND BRADSTREET'S
The Supply Has Not Been Sufficient 10
Meet the Dem1nd
AND PRICES CONSEQUENTLY ADVANCED
rro, Ipaustrie, Are Lending in the
Rcndiustment--AB Bridge ooh
ton VIII Have an influence

New York. November 10.--R. @. Dun
6 Co.'S Weekly Review of Trade tomorro"
will say: The most noteworthy feature
of the week is the rise in prices Cotton
rose on Wednesday to 7Sl, putting Tue
price 2Is cents higher than 1t was year
ago. and yet it was still higher IN SEP
TENDER, 1897. Wool has risen relatSeiy
more. about 10 per cent in two weeks anu
the average of 100 quotations by Coates
Bros. is higher than has been at any time
since May, 1898 Pig iron has risen lur-
Their. s25 being quoted for Anthracite NJ
the highest price since January, 1870
put hides are at the highest point SINCE
January. 1898, having risen all the year.
with very little reaction. Prices OF pfoa-
nets have not correspondingiy advanced
/ Gather and boots and shoes we're nlshe'
in November, 1895, than they are now -
I ion goods were higher in January 1871
woolen' goods IN July, 1894, ana even the
/ products of iron, though greatly auN anoer
! are not 80 high as they were IN oauu"i ! >
l 1890 such wide discrepancies cause 90.
barrassment but are the natural result Vi
! mo rise which is mainly due, not TO con
rerted action in any trade, but TO Tue
pressure OF a consuming demand .ho
greatest ever known which for the unie
exceeds supplies, though very uhequau!'
lis results begin to justify the CONSERVE
tive feeling, which finds expression III
many branches of business IN
Tho iron industry which has lea All
Others in the advance now leads the way
tnward a REIMBURSEMENT of values Wn'e
contracts for mig cover the entire prouucI
OF the most important districts LOT SIN "
nine months in advance, many OF the con
Stunning works in some lines approach lhe
end of their orders and have new com
petition to meet, so that sheets nave iailen
81 per ton at Pittsburg and 50 from ths
, highest point in September, and plates are
ss lower there and So at Philadelphia. AZ
, the same time bars are 81 per ton hlghei
I at both Pittsburg and Philadelphia, the
demand being enormous ana at GHlVaeu
very heavy contracts have been made loI
car and implement works. bridge com
bination is thought likely TO AFFECT future
business in bridge structure. etc, whlcL
continues large for the present.. In Lon
don sales were made at Zsc. booI an'
shoemakers are generally getting about u
' cents per pair advance they nave hel'
= necessary and are large contracts IN mos
Il lines, as they now wish TO close IN view
o the uncertainty about materials. Lea the
II continued strong and in that also dealer
are not anxious for greater commitment
Il NuI cUUsulllHS NtAiitiliN' S'A'-'-~'- go
n in advance of production
Il Wool has been very strong again, thousf
., sales at Boston We're but l,3lO 400 POUNDS
n against 81 $4,000 the week before, ioI
large transactions elsewhere, and raised
the weeks aggregate to 2,20l0OO ana puy
70 ers hold firm for outside prices Nothin'
:, like the sensational rise Of last week has
~ continued and the buying By manutactur
- ers is lower. though still large. This an'
-, accounts of good trade indicate that al
=, extraordinary business is expected FOR IN
; next season The rise in cotton as we
does not help manufacturers whose con
tractors cover production we'll ahead, ptl
the buying has been mainly by trader
and based largely on expectation of
RS very low estimate of yield by the depart
10 ment While last years official estimat
was not accurate the whole trade here an
re abroad then counted on large crop an
IA was right,
Wheat has not been very active no
ly strong although Western receipts have
c much declined. being 4,9S1,9O7 bushel
he for the week against 992I,045 last yeal
Exports are also smaller. the Atlanti
" 9 ,563, G37 bushels, -four included. agains
u, 1898 500 for the last year and Pacific /,
NV 1888 $50 bushels against l.0l696l last veal
The decrease in foreign demands may b
ds ascrihed in part to heavy previous eX
ed ports but perhaps still more to the grea
ad movement of corn 3.45S. 10i bushels for tn
week against 2062, 32l last year Cor
N, advanced about as much az wheat fel
oIa though with prospects Of heavy yield.
a. failures for the week have peen 157 i
,se the United States against oil last yea
and twenty-three in Canada against TWEEN
Is ty-siX last year.