The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1899-04-29
WEEKLY TRADE REVIEWS
Brsdslreet's and Dun Review the Condition
Of Trade In the Country.
SETBACK in BUSINESS IS SURPRlSIN'
nrspite Favorable Elements Trad
Is sIaci--A Peculiar SITUATION IN
the Wool Market.

New York April 2s.-R. G. Dun Co.'S
weekly Review OF Trade will say tomorrow:
All clements considered, 1t Is rather surprising
that business has been set back little. me
uncertainty about Samoa and the prolonging
OF the difficulty in the Philippines might nave
accounted for something; the falling exports
for something; the rise in foreign exchange
by some attributed TO foreign sales of copper
stooks-and the hinurance OF manufacturing
ORDERS owing to the recent advacne IN prices,
but there has been full faith that the loreish
difficulties would soon be cleared away, and
the movement In exchange is generally con-
Bected with speculative rather than lesltl-
Late operations in accounts. After every rise
ir prices manufacturers have TO consluel
whether hindered consumption, with increased
pl ouuctiUn, VIII make them difhcult, out the
confidence with which combinations are form
Ell and extended still shows the prevailing De-
lief that no danger point is near.
The state OF foreign trede Justihes cnnii-
d, nee rather thar apprehension. IL is inc
season for the lowest exports of staples, and
their prices this year are extremely low; but
the Unprecedented foreign demand for manu-
featured products so far compensates for the
excess OF exports, which in March was heavy
and apparently has been in April.
The presence OF English merchants IN Bos-
ton trying to sell English medium wool which
would be delivered here at about SIC, at the
same time the English buyers were taking a
little fine Territory for export and German
buyers 900 pounds more Australian from
bora shows the opposite trend of popular
grades IN different countries. Wool is ria
lively cheap here and dear abroad. but con-
cessons mark the lowest prices of the year
IL all kinds. as heavy stocks carried for years
come into the presence OF new wool, said to
be 100000 pounds Manufacturers are not buy
ing largely at present, though in four weeks
| 3o.9l77S5 pounds were sold. of which 23.S15,tSS
we're domestic, against 41,il5,650 in the same
week two years ago when wool was rising.
The Gotten manufacture has made little
/ change and the strikes following the advance
in wages given apnear tn have benefited man
/ ufarfurers not a little by helping the demand
/ and curtailing the supply of goods. Gotten is
! l. I6c lower. with generally improved prospects
| for the coming crop.
The booi ana shoe industry surpasEes all
! other years IN April shipments.
Bessemer pie iron Is unchanged at Pittsburg
and gray forge strong at $3.50 though 1900
! tens Southern have been sold here az 81 20
| There are some large structural orders. Ad-
vanced prices are noted in pipe and de
crease in merchants orders. with smaller
/ business in sheets, and a the West in bars
! rerdine the completion of the combination
/ Put the general decrease in demand raises
1 tue question whether prices will be maintain
I ed after current orders run out
! Failures for the week we're tsi in the United
/ States. against 262 last year, and q in Cam
/ ada, against is last year.