The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1901-06-29
THE TRADE CONDITIONS.
Commercial Agencies View the Situa'
ton with Great Confidence.
BUSINESS IS GOOD IN ALL BRANCHES
Railway Facilities Inadequate to Handle
Expanding Traffic - No Importance
Attached to the Bank Failure.

New York June 2S-R. G.. Dun & Cos
weekly review OF trade tomorrow will say
| Il does not follow because bad banking
| methods have caused one of the smaller
| New York banks to close Its doors, that
| general business is 10 any way affected or
at all responsible for the trouble. The coun-
! try Is undeniably prosperous and with
! prospect of an abundant harvest TO supply
| our own needs and Increasing European
deficiencies the situation is viewed with
| confidence.
| A few more labor disturbances have arls-
en-, but others have been settled notably
the dispute over the tin place scale Some
dsagreements in the coal regions at times
| assumed threatening aspect, but the
| troubles have been local and do not affect
the mining industry Reports from the
country speak Of continued active move
ment of merchandise with the jobblng
trade and embracing nearly all lines.
The fiscal year closes with conditions In
| the iron and coal Industries in marked cou.
! trast to the situation at the corresponding
| date In lgOO. Quotations were then re-
! ceding rapidly without stimulating aC-
| uNltN, ldleneSS was the rule at furnaces
and mills and wage scales were under Sc
| rious discussion with employers and the la
| nor organizations far apart in their views.
| Thus iar this year difficulty is experienced
IN stopping machinery long enough to make
| necessary repairs while a successful seasou
| makes 1t possible for many concerns 10
| avoid controversy by voluntarily reducing
/ hours or advancing wages and evidences OF
| a serious disagreement are the exception.
| Construction proceeds at an unprecedented
| pace so that structural material, builders
| hardware aud kindred goods find ready put-
! chHsers Railway facilities are inadequate
TO handle expanding traffic aud shops are
| crowded with orders for new freight cars
and other equipments.
Footwear manufacturers at Boston have
| raised the total tor the half year to =. 30
/ OiO cases according to weekly records Of
| the shoe and Leather Reporter. The larg
est total for the corresponding months was
In 1900. Exports To Great Britain are u
| most satisfactory factor In the present
movement Some Eastern shops are SO well
supplied with contracts that deliveries can
III dealers hands are light, which gives
the market a strong tone. Leather Is &c.
tive and firm, with hemlock sole in good
demand. Receipts of imported dry hides
| are light and prices well sustained.
Wheat prospects are further improved
/ Throughout the entire producing region,
More satisfactory to the producer than evi-
dences of banner yield is the failure of
quotations TO show commensurate declines
tor there Is good profit at the present prices.
Foreign needs continue the sustaining in
huence in four weeks Atlantic exports.
-four Included, aggregate l36GN,U0O against
| lt,HSDOfb last year and S,H34,U3S in 1870,
WINE RACING exports were 0,ooJ. 100 BUSH
els compared with 2,5I39TS in 1900 and
,, l4j.fAO two years ago.
Corn is supported rs reports Of injury
and receipts are less than half last year S,
but tue export movement is equally uusat-
istactOry.
Wheels Of textile mills are no longer gen
orally idle. Improvement in all branches
OF this industry has come with a rush and
manufacturers are making up some earlier
losses,
Gains are. more conspicuous in the wool
en- goods division, because depression has
lasted longer and because more severe As
the raw material gradually sought a lower
level mills restricted purchases In Qutici
patton OF better terms, except where orders
tor goods We're secured The clothing trade
Is now seeking men 5 wear WoOlens and
worsted ana buyers ind stocks light Values
have not yet hardened, but there is little
thought Of lower prices, either for goods
OK raw wool In knit goods, iobbers are
taking stock, after which activity Is eX.
pected Last weeks gain in corton goods
has heeu held and there is more business
than at any time this season Prices are
still unsatisfactory, especially in view Of
the further rise In raw material Many re.
ports Of injury to growing crops tend to
advance prices In the face OF heavy re-
celptS of old crop