The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1899-08-19
DUN AND BRADS1REET'S
The Expansion Of Trade 10 All Lines Has
Increased.
RON AND STEEL CONTINUE TO 90 Up
scnrcity of These Products Has
Caused the Discharge OF Many
Employees of Mills.

New York, August 1s.-R. G.. Dun q co.,
weekly Review of Trade tomorrow will say;
The Cramps have discharged many hun
dreds OF hands and ask Russia to extend the
time for the completion of two warships
because they can not get the steel Com
pletion of twenty-one out OF thirty-seveh
vessels building In the Delaware is also al
fected. 1t is a curious experience for TINS
country. hut shows the gigantic expansion OF
home demand.
No one can question the fact. LOT pay
ments through the principal clearing houses
have been in August $50 per cent larger
than In 1897. for the month thus far. and
outside of New York 1916 per cent. NO peter
test of the volume of business is known, but
there is growing handicap in the advance
OF prices. How long and how far tnls au-
vance can go without reaction is the proDlsm
which level headed business men are s.uay-
ing Evidences OF checked consumption are
rare, but il would be childish to hope tnat
at some point higher prices would hihaer
buying 49, ,
Stunning companies have boIsnt far In ad-
vance. so that all new orders nave narrow
market, For six months billets have soia a. :
iiom "a to 81 higher than the rails made
from them. Other demands. not covered by
contracts are mainly for various shapes ana
sizes only prescribed in contracts. WINE
prices have risen CSC for Southern pig IRON.
soc for Chicago local coke and zoe FOR gray
forge at PittsburR. rails have advanced 81 pc,
ton, with work covered for all TINS year ann
400 900 tons or more taken beyond w nlcn ean
not be delivered until next year. other mn
ished products do not change value though
the demand at all points exceeds present
capacity. -, Nth
production for q, 333 tons domestic ana 1851
Tin is lower, at SO%. and lead weakened on
the stoppage of the smelters strike
Cotton rose a week ago to $50. but has
fallen to 6.l9c, Mr.. Neill having estimated
the coming yield at l1.250OOo to 12o0J,LO0
bales. Official and other estimates are all
" year ago has the floor. CONSUMPTION
here and abroad has been very large and
prices of goods are rising. while cotton falls
and stocks carried over must be large
August still hold good although side quota
tions are more often made Sales for the
week have been 2s,S9s99o pounds against
10 $4,000 pounds last year. 3S,53O.305 in 1897
and 23,S6a.4oO in the same weeks in 1892.
Goods have advanced further, especially In
cassimeres. cheviots and cotton warp cash
meres and the tendency is inward In nearly
Wheat has advanced about cent during
the week with Atlantic exports only 1865 900
bushels; flour included, AGAINST S,O5s.Sso last
1890 last year. Western receipts have been
only 3,2l5,ll7 bushels. against 1859, 800 last
year.
1t is question whether the smaller re-
ceipts are due TO recent changes In crop pro-
ducts giving holders of grain better out.
look. Exports in wheat in three weeks have
been from both coasts, flour Included, 9,gIS.-
1854 bushels against 1o1l4,246 bushels last
year. and the Western receipts have been
Ii s64 $50 bushels. against 9,0l5,ls0 last year,
but II is also significant that corn has risen
~ of a cent. with receipts of 500 bushels
for the week. against 3.514l62 last year,
while the exports have been 40S4,S02 bushels.
against 1870 1902 last year.
The figures clearly do not indicate a ma
tera decrease in foreign demand on the
whole although for wheat it is somewhat
smaller than appeared IN July.
Failures for the week in the United States
were lac. against 1874 last year. and in Canada
"a against II last wear