The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1899-01-10
BUSINESS BAROMETER
e,ees Il Commodities and IN Index 10 the
Conditions Existing N the Markets.
NAL ESTATE IS DEVELOPING ACTIVITY.
considerable Iuauiry for Lands In
ana Around Observation-Disclosures
Review Of Rice--Notes.
! ofnce, Of The Post.
Houston, Monday, january ?

ofnce or The Post
Houston, Monday, January ?.
There Is no market so slow to respond TO an
upward movement or to recover itself after
p.rod OF duiness as is real estate. In TINS
eSction there is n revival setting In after Two
yeafs Of nacton. The purchase OF a large
block Of land on which a cotton mill is to be
NJ ono. erected is a good omen. The cotton
min must employ hands 10 do the work. and
they IN turn must secure habitations. This VIII
result IN opening up small gardens and farms
ara the creation OF small village at Meadow
brook.
Dealers In real estate are receiving numer-
Gus Inquiries for lands In and around Hous-
ton and agents are nov In the North working
up colonies which VIII settle UP the coast re-
g,or Most Of the inquiries arc for small
tracts for truck gardening. IT has been proved
that vegetables in this section can not be
surpassed in yield or excelled In quality by
any section Of the country. They mature
early and therefore reach the Northern mar
kets when prices arc high, With conton-
trated market in Houston for shipping. low
freight rates can be secured.
Tho next thing In order will he canning
factory to utilize all the surplus fruits and
vegetables raised. Texas Hgs and pears arc
the best grown, for preserving purposes and
srou plentifully.
Review OF Rice.
Ian Talnsge's Sons Co Of New York thus
review the rice market;
While the year just closed can hardly be
called a more eventful one than its predoccs-
sor. II was far from monotonous having had
*, full measure OF complex causes which In
due time bore their teGuential effects. with
ths passage OF the holidays there was imne-
date resumption OF former activity. which,
with but slight Interruptions. continue on
ecinrgng scale until late August. tho sales of
tlst month being tho heaviest OF the ycnr, as
the cessation Of hostilities In Cuba caused a
large demand from that quarter for all food
products. prominently rice
A. the opening there vas shortened sup
My IN both domestic and foreign, the former
carly exhausted. an while being placed 80
hlgnly Waited that foreign omnanded most
Q, the 'rsde Later az Of the demand was
next in order, Patna. third. Japan, which fen
below tho standard NJ several previous years,
deteriorated quality and advancing values
uyomptly putting II out nf range with other
FORTS which werc OF exceptionally high order
ana uinre reasonable cost. Starting with hold
tngs OF most limited character. both here and
abroad. and tho resuppiy barely keeping pace
with current demands. stocks we're continually
lEbt. conditions therefore favorable to tho
hardened values which shortly cusued and
maintained
In August there was the usual setting of
commercial houses IN order preparatory to the
ised to largely exceed that OF any previous
wear. Almost coincidentaIly, however began
series OF harvest storms, which have prevailed
70 greater or lesser extent ever since in more
Than one locality. The mississippi river crop.
psing early. generally escaped. hut otherwise
gu sections suffered severely in diminished
linn. nj Ia.
lessos IN weld, based ON acreage expectations.
are estimated: Georgia 80 per cent, Carolinac
30 per c*nt, Louisiana 40 per cent stormy
coneiiions were the moro prolonged IN l.ouisi-
ana, but at Intervals conrdcrable crop has
been taken, off and marketed. Ttvsrythipg has
foun0 ready snle. high style Al full values
snd lower grades-ordinary to fair.-have been
vert In motion by pricing t'm far below reia-
n1s North This fact hns been more recently
cured The storms were OF service 10 ihls
erttnt--that they prevented tho usual rush 10
nsIbet ahd In consequences higher prices have
the case
As to the immediate situation. It may be
sslo tnat m" new year opens nusplciously, No
Iiltlo business was done toward tho close ~
i'ectmhcr for billing and delivery after tho
~, instant and THIS gives to the market an
!" r q ssv Ssr, Tx han nGp
Tor Tho past three years. THIS, however need
no, be regarded ms depressing. as the amount
Ia far short of requirements and viii 10 mae
ticaly closed ont by. n not long hsfore
Spring; Present prices are reasonable-.
narkedly go IN ordinary to fair Louisiana,
spa the same is also true. though in lesser ae
gree, OF primo TO choice Carolina We ca
m.ialiy commend the latter, MS better selcc-
fiolis are now obtalnable. Again, tho milIinrs
o. this period carry more safely than those
turned out at later dates
With an insufficient supply of domestic
Iors1an IS OF continuing interest. All English
ana continental markets. are Arm With up-
WARD tendency. the latter due TO the ,in-
. nn rsports CONCERNING the Rurmah new
crop renuctions In that crop vnriousIy esti-
mated from 10000 10 400 900 tons, IN amount
na ny. f lnsd rr sn than the annual product
by liberal engagements for ehipment until
J1ms. and II can hardly be expected that there
~ re any modiflcation OF prices until after
Trade Notes.
,,,,n IN staple markets remain unchanged in
uIlce. WIN an Improvement in demand As
eoon as plows start running there will he n
free movement In meats. ="
Poultry of all kinds is In good demand al
Son prices. Receipts are light
Exrs are frmer on account NJ ush, ~.
ceipts. nut demand is only moderate
me butter market is Weakening. wb,I,
oneese Is stih, with prices tending higher.
Fruits are moving slowly. as demand is re-
=, y, oe apples arc too high to Invite gem
MA consumption.
HOUSTON WHOLESALE PRICES.
Quotations for Round Lot. n, s.,.
Com
These quotations are ravissd daily ana ,b.,,
sSIIso.nets can bs relied upon. TIE prices are
eloss ruling in Houston Wholesale markets.
HEAVY STAPLES.
sAMnuNlTloN-Powde per key, 81 oofn
. -; s,.s,iuS pSwSsr s,.sS per f.x; drop
BACON--Extrs shori niea,. ''t' a,. a.,