The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1900-01-20
DUN AND BRADSTREET'S
interest in the Prospects Of the New Year
Business.
IT IS NOW KEEPING PACE WITH THE LAST
A Phenomenal Advance In Wooieh
cooJ.-Belief In short Crop Bns
Helped Cotton Goods.

S.y york January 10 r. G. Dun d 20
1t ,o,,i.v =, trade tomurrov will say;
,vhe,har the new year will surpsss or keep
pare With the old IS tbs uuesuon "ni'n
gives especial Interest 70 every weeks r.
turns Comparing now with business oy far
the largest and most prosperous ever known
a year ago more than 40 per cent istsel
than In January. 1893 which IN its Turn nap
shown heavier business than 10 any year
nreoedine II can not be expected that sucn
ga,n will be repeated But the decrease
n, q ner cent in payments through clearing
houses is wholly due to great speculative
activity in New York last year. with sales
of i2csi, ss2 shares. against e,5lss29 to the
same date this year. for payments OUTSIDE
this city have been as per cent greater than
year ago and greater than in the same
part Of any other month.
This week one contract OF 10000 tons for a
Western road and two bridges requiring ll'ooo
tons are the only transactions reported in
iron products, but heavy business was Sc
cured by concessions for plates at PittsburE.
going materially below @ rs and for bars at
Philadelphia below 2 20. the price of the
association sheets are also lower at tho
East. but Loo higher At Pittshurg' SAFES OF
foundry mig at reduced prices includes two
orders for 10000 tons and No. | lShlgh IL
uuoted at 400, but Bessemer and grey forge
at P!ttsburg are held unchanged, though WIN
ont sales The copper output OF THIS country
in 1922 was 2s2, 2O6 tons, greater by slVOo
tons than in 1895 The price of copper and
lead are unchanged with tin higher at ia
Perhaps the most important industrial
event IS the marketing Of wooden goods az
prices averaging 1874 per cent higher IMAM
last year. As wool quotations average NV
per cent higher than year ago tho rise
In goods Is not excessive.
Business in cotton goods begins TO increase
The goods now average - per cent higher
than wear ago and with the rise TINS
week to Z 81 cotton is IL per cent higher,
Belief in a short cron has helped the goods
market and still sustains IT. though cotton
is little lower than II was two months ago,
Receints from plantations continue over a
third smaller than last year. but exports d.
creased quite as much
Shipments OF shoes IN the East. in execu"
ton Of old orders costume larger than in any
previous year. but new business does not
amount to a quarter of the current products,
and doubt about maintenance of prices hin
ders buying
The market FOR preadstuffs is not active,
nor have changes IN prices Of elevator wheat
been Of any consequence. but the active May
option shows sharp decline. Atlantic eN-
ports continue far below former years in
three weeks 60oS325 bushels against BRA
0S2 last year. and Pacific exports ~ the same
weeks we're 2,2al.7fo, against l,sO3,994 last
year. Western receipts were In three weeks
only s,6S2.l32. against 1905. 49, last year.
Corn recents are smaller than last year by
100000 bushels for the SANG three weeks.
while exports have been lo.3s5,lS5 bushels,
against a,510,4 400 last year. and this active
movement caused spot quotations to ad-
vance.
Failures for the week have been 242 In
tho United States, against 80 last year and
80 in Canada against ~ last year