The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1899-05-20

largely increased by the addition OF many
furnaces, will continue TO fall below the
demand. For the amount OF roquirenen.s
in various departments for MANUFACTURED
products, II must be recognized, Is scarce
ly measurable and does not seem as much
diminished as might be expected by the
higher prices and the long delay in de-
livery In plates, for instance, the do
mand covers many thousand tons FOR
bridges at Chicago and at Pittsburg, and
Philadelphia concern accepted several
thousand tons and afterwards was obliged
to refuse more: one other concern in the
same city refusing over 10000 tons.
The shipments OF boots ard shoes from
the East have been. for two weeks OF May,
% per cent larger than last year and 800
per cent larger than in 1892. Higher prices
which have been asked for several months
are now more generally paid for mems
wear, though most of the works are COW
cred by earlier orders for four months
ahead or more.
Leather shows hesitation. dealers ap-
parently questioning whether the rise has
not been too much. AT Chicago the same
question runs through the hide market,
though advances are slight,
Spectators are doing large business In
WOOL some in the foreigY and some IN
American They bought 'about 100000
pounds Australian DOL in bond here, that
is now reported, and about 100000 pounds
domestic is reported to have been sold for
export about AZ cents clean. But this does
not cast much light on the question wheth-
or speculative sales abroad have been COW
cred or will be within a short time, nor
is there any indication that the market
here will respond to the temporary foreign
demand.
The orders for wooden gods are decid-
edly better and although the wooden asso-
Ia, in 4
have given certain kind Of confidence
in prices in the WOODEN goods department.
Cotton declined small fraction on
Monday, owing to the freer port move
ment, which made 1t probable that at the
end of this week the amount in signt
would about equal last years record
breaking figures But there was recoV-
cry of all the decline in middling uplands
and a net gain in options prices.
Wheat has been rising during the past
week, about &c. and nobody can tell why,
although the exports in the past two
weeks have been 0,569 900, -four included,
against S,135, 124 last year Better ship
ments were expected after the opening OIL
navigation. and there is really no use in
considering the dreams of Western specu-
lators and crop reports at this time. no.
one can form a fair Judgment at the mil
die OF March regarding the output wnich
will be visible to everybody in the middle
of July The best that can be done is to
accept the crop reports, official and other
wise. with almost indefinite allowances.
Better shipments are expected after tho
Opening of navigation and are, in fact.
cor ing. the outward movement from Du-
luth alone of two weeks reaching nearly
-four million bushels. Lack OF rain in
California has caused a large reduction IN
all estimates for that State and Pacific
experts are decreasing MS holders are less
ready to accept current prices with the
prospect of a shortage
Failures for TIE week have been l47 In
he United states against $50 last year
and II in Canada against 80 last year.