The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1900-04-14
CONDITIONS OF TRADE.
More Than Iweniy.one Million Dollar In
crease 10 Our Trade Exports
HEAVY WHOLESALE DRY GOODS TRADE,
Review of the Commercial situation
by Dun and Brndstreet's shows
a Brisk Movement.

New York April 1s--R. @. Dun Co.
Weekly Review OF Trade tomorrow will say:
Iron furnaces in blast April produced $780,
iS2 tons weekly against 2e2.6i3, March J,
but unsoid stocks increased 22s0 tons. A
mistaken inference. possibly fatal 10 many in
its consequences, is that stocks held by con-
Stunning concerns must be running down AS
they contract for their supplies months ahead
and such supplies, whether delivered not
consumed, or waiting their orders at furnaces,
would not be reckoned In unsold stocks, the
surplus owned by consumers may be heavy.
For new business in finished products is
reported to the Iron Age from Pittsburg as
frightfully small" owing to the belief that
high prices can not be maintained and no
better report comes from Philadelphia. With
No. anthracite 81 lower refined bars 81 and
steel plates 81 per ton lower than in De-
oember 1t can hardly be called impossible
for prices to yield though many are far
| firmly held. Pittshurg reports n number of
the plate mills shut down and five Pennsyl-
wanna and OHIO furnaces have stopped, per-
maps Tor REPAIRS more than balancing i've
which started in March, two in Tennessee,
adding $500 tons weekly.
The boot and shoe industry also falls
behind in output and In closing some work
and running many others part OF the time,
I
ers yet seem ready 10 pay.
A heavy wholesale business has been done
In dry goods, but the question now is.
whether retail distribution will Justify IT,
As Yet returns arc not satisfactory, there is
increase, hut not enough to warrant the buy
lug from mills. Woolens aud worsted are
dull, with concessions In fancies, though
staples are well sold up and firm The ma
terial declines further averaging nearly hair
cent lower than April l. There is the
same uncertainty in cotton goods as TO re-
m
whether prices will be maintained though
the material has again been advanced Il six
teentl In speculation.
But exports in March were in value 1893
O96.1sS, gain over last year of sol SIC, S95, so
rapidly has Europe supplied its needs This
enormous gain made exports of the chief
staples SlS,bJl ,SS3 greater in value than in
March of last year, though decreases oc-
CURED in other items. Yet only fraction of
the gain was in cotton shipments from New
fork, leaving the other great increase here
10 be explained by manufactured exports
mainly. In spite of the balance due on mer-
chaudise account, there has been talk OF
sol1 exports and small amount has gone
TO Buenos Ayres on European account Sup
plies OF money are abundant here, the banks
nave again gained largely, rates are lower
ana commercial demands narrow and the
without aid
The exports of wheat from both coasts con-
tinues larger than last year. though much
OF the gain is at Pacific ports. not directly az
Pacific exports in two weeks, have been
1,5ls,25i bushels against $50 56a bushels last
year, but Atlantic exports have been 39l2-
sol bushels against Se6O.ss0 bushels last
year, In spite OF all reports Of exhaustion
OF supply and injury to growing wheat West
ern receipts continued larger than last year
m two weeks e,764,6 $40 bushels, against 1888,
Cos bushels last year.
Corr receipts also continue heavy, e,i77 SCI
bushels, against 4,6376lS last year
Failures for the week have been 1893 in the
United States, against lss last year, and Al
in Canada, against % last year.