The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1899-07-08
BRADsTREET's COMMERCIAL.
Air of Confidence I'm the
Husinpss World

New York July 7.-Bradstreets tomorrow
will say Holiday observanees and semi-a an
nunl stock taknes have worked toward quic
in general trade and industry but it is sig
niicant of the favorable conditions ruling ir
| tins, as compared with previous years. tina
the trade advices point to rather more thar
the average business done. Notwithstanding
the checks to demand and shipment abovt
mentioned Additional results of the season .
work brought TO light are fully as fayorabl,
as those indicated in Bradstrests report last
week, and furnish an adequate basis for the
general air of confidence with which the bust
ness world faces the latter half of the year
Bank clearing returns fully bear out esti
mates given last week, pointing to unprece-
dented totals and enormous gains for the six
months period over preceding years while
biadstreet report as TO prices points TO n
steady strengthening OF quotations of stapIas
ana exceptionally few decreases in prices req
lstered IN June All indications favor a total
OF export trade little below that OF last wear :
phenomenal total, what little falling of there
has been shown being due to reduced Euro
peAn taklngs OF American food products.
preliminary reports as 10 railroad gross
earnings Indicate exceptionally good showings
Tor the month and that of the half-veari,,
period the gains, In fact being the heaviest
reported by us '7'
Distrbutive business on seasopabia accoupt
IS naturally on small scale but orders fnr
iall delivery are reported particularly liberal
and making favorable comparisons with Inst
year. ' WIN iust
In the iron trade the strength of nrioes and
demand is still the most notable feature fi,r
ther advances in pig iron being notable his
week quotations for Bessemer Iron going We'll
o az w .ne ~ marx The question OF supplies
ol raw and partly Manufactured rnatorfai is
Receiving increased attention ond ioia,,s
growing ont of inadequate supplies otn ~
t tSin INCREASINGLY numerous. Side light on
tnls connluon is furnished by reporfs tbnt
stocks OF Southern pig Iron are tho ,ouo, 'Hu ~,
record. and that all furnaces In the Pittsb,,ra u
aistflot are heavily sold ahead. while for ,hs
the c ANN ~ I'VE years every coke oven in
Another striking situation lie found =, a.
hs ove,t .luue Prices of the better grades
ns and been advanced this week on active Jes
li'anu from dealers and manufacturers ana w"
sympathy with the advance M fnnis aug "a
manufactured product is strong nna ~ ne
season opens up well ""u the ne"
1 in, mas strengthened quite consIder,h,,
oMlhs to very heavy rains. culminati,nu a9ig'
astrous floods In Texas 'uhs IN as
r,, nus wheat market has moved With, a n,r
~, ~ range ms week. weather condltIors -,
shown ,ba nasls Tor most OF tho changes
H ne considerable 6rmness on sbor, ",.ness-
nue 10 less satisfactory crop renoyt 49,, oeeiins,
a rmsa which are, however NOT CO..
mary markets; by the rather hs,,dns ht Prl-
peutea outturn OF winter wheat ana ,n al, *
Northwest "'ue received from the
Among the Industries wh,oh -
,,hee'lui outlook than for sonoa III! III more
ton on July l. ""ien advanced Csc a
many Markets ets SEfrensh Is Doed in lumber at
s true o. leather particularly Co,,orn,s sane is
in the mD,on J. 10 understood the goyernnsnt
Sugar ua h bas for Considerable QUANTITIES
Of foreign msThe ps'n u With the tendencies
SION SONY ., hh e. inquired conspcuously T Tha ae
gives ool es guarantee period on repsd sSaSn
will not be- esn earlier reports that competition
season. "' o't'er during the coming