The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1899-02-02

Prices d Commodities and an Index to
Conditions Existing In the Markets.
REVIEW OF CRUDE COTTON OIL Markets
The Tone Il Firm and Holders Arc
Not Making Conccsstons-Good
Grades Arc Scarce.
once q The Post.
Houston. wednssaa.y. February !.


Tho market for crude cotton seed oil Is
6rr,er than for a long time and prices have
been materially advanced since the eTcsains
season commenced.
The New York OIL. Paint and Drug Reporter
IN its last Issue says: More from ITS stats
ficaI position and the enhanced buoyant cen
',l,,iuns of commercial affairs generally this
week, rather than from especial actiyity 10
trading cotton seed oil has made advanced
prices. whlio its markets all over the coun-
tr; arc in confident shape. There has been
spreading for u few days speculative excite
ment In grain and provisions, the latter more
a,Iectod by the former, while with their higher
piicss and the feeling that they may be fur-
their affected In a possible turning or the
activity from Wall street to commercial COM
modities naturally affects all articles that are
identified with them for increased trading
Thus higher prices for lard would mean "A
lai ger business in the compound and ireer
consumption of the OIL us we'll as some etfect
upon tallow. greases and other soap fats TO as
well favorably affecting the seed product put
bevoid the feature of an Influence from other
commodities is the situation OF tho OIL itself
in unusually well sold mp productions for THIS
time Of year and the especial growing gcarelty
o. choice oils. Texas has had very little oil
the best grade to offer this week. as IL is max
ing deliveries steadily from its productions
right along on old contracts to taking up its
principal SUPPLIES while IL is increasingly In
dependent OF further demand and has ad-
yauced its asking price on choice crude tanks
while il has ise bid for prompt aud 1Sisc for
March. and which latter had been the asking
price the. week before; All along the near e.,
10: be had and where there is better con-
troliod supply than last year at this time
prices this week have undergone hardening
tendency. The soap makers West have been
willing TO take up offerings of the under
g.ades at about the previous weeks figures
but. find about lsc more asked for them The
lard refiners West have not been willing to
meet the advanced cost OF tho week. such
grades. however. as they want they would
have difficulty in getting 10 any extent, even
become Il little nervous over tho generally
improved condition Of affairs. and they have
lave mostly failed to reach the views of hold
ers. The strength IS even more marked at
the Southern seaboard markets than here,
where for the most part relatively higher
prices are asked. But New York has gone
NJ this, week &c on on grades. while ic Is
about ie higher on prime. The holdings of
primo here are Of n narrow order and gem
orally moderate tor offer as where they had
bsen bought extensively for some time for
prompt and future deliveries the idea was
moro to prcvide for direct consumptivc wants
IN the make OF the oil-stearine compounds,
While there are moderate sized lots OF TINS
prime grade to be had at 2ic, yet sales have
been made OF moro important quantity and
of desirable quality at e5c and from 2ic to
- quoted for st, with difficulty in buying un-
der "ec. The principal foreign markets have
had added strength this week, but not in a
degree TO permit them paying the higher fig
tres here, although it is believed that France
aid some other continental sections must
shortly become buyers. as their consumption
for soap purposes especially is larger than
last year, while some points abroad are maxi
ing more compound lard than ever before, and
which is especially true OF Germany. In the
oiive oil districts, on the other side. there
seeins to be sufficient cotton oil held for tenn
porsry wants at least while their Interest
oyer buying here has boon small lattorly.
p @ soao ase IL inc near lup
II is believed that they must materially en-
large in consideration of the higher prcea 10,
talow, the light supply OF IL over tbs country
ana the brisk business in the soap trade,
whiic with cotton seed oil at It's present prices,
as compared with tallog. 1t Is advantageous
10 the SOAP trade 10 take II most freely while
the use of the cotton oil soaps steadily widens.
Sa,es have been 30 tanks crude in Texas spot,
70 and including March delivery. st17iad1siac
closing with lsc, bid for spot and ls'ac
hid for March. and to 20c asked. Is tanks same
at the Atlantic points at 16iaT17iec; 30 tanks
same. OFF grade, Mt I2nl4c: u tanks refined.
in, Texas, at Zoe. In New York. sales OF 500
barrels crude ~ $4,000 aud 900 barrels sgme.
OFT grade. at ilHisc. 5000 barrels primo yellow
~ 2Siadeic, chiefly for future deliveries. ,Ol
barrels same, In lots. M &c; 80 barrels same
at 25ce :70o barrels good off yellow at es1r2. 1sr
1tuo barrels same nj 29isc. closing at 2sisc; lOO
barrels white at soc; 500 barrels same at ale:
900 barrele choice yellow at 2eM2'c; GOO barrels
wiltsa, yellow at SOC.
Canned salmon situation.
In It's review OF the canned salmon market.
the San Francisco Trade journal says, in its
issLe of January 70; Tho Columbia River
combine continues an absorbing question, with
no definite reliable information youchsatod
outside OF some more or less sensational artt-
learned Il looks as il there viii not be 80
many Gamers pass into the hands OF tho com.
b'ne as has been given out. 1t is also stated
by some that the options were mp on January
To- aud with some the deal was OF, but We
arc Informed from heretofore well informo
Quarters that the option calling for January
10 was only three canneries, and that these
had besn extended 10 February I, at which
time the option given on the other canneries
would expire There are, from our own adj
vices at least five oanneries the river on
which no option has been given. and how
many more, II any, there are, we are not ad-
v'sed. II Is said that those interested In the
combination will meet soon at Astoria TO elect
,iticers managers, ETC., so as to commence
active operations for the future by February
what canneries the combine holds options -on
is a mystery and hard to solve by an out
slider.
Trade Notes.
Prices Of ssal rope have been reduced.
Staples are steady but without change IN
quotations.
There Is an advance Of conts in sardines.
while starch is lower.
bealers in cotton rope think that Houston
should have factory for the manufacture OF
tn3s article.
The FIRST Of the month opens up with busl-
meas moderately active In jobbing lines. Re-
tall groctrs also found trade fairly good.
Receipts OF poultry were heavy and the mar
kct IL a trihe weaker: The usual complaint
OF shippers mixing old boosters and chicks
with hens and good fryers prevails.
Eggs are hrmer. Receipts are still heavy
and about 100 cases a day are being shipped
ont. good many country eggs are being re-
tailed by wagons which makes the local de-
mand for case eggs very light
According to advices from the coast there
has been considerable business done there
fnfOfegon Italian prunes the rsast week. leav-
lng stock Of not over twenty-five cars. The
buyine waa done principally by Chicago tlrms.
IL Is reported Prices in the West are said Ia
these goods.
The Los Angeles tCai.) Fruit World, IN It's
geeses esssessssesssssssssesss
sSeed Potatoes. :