The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1901-12-22
OUSTON WHOLESALE MARKET

lng developments" says the Ttverroo, -.
respondent of the London Groctr M N.Y.
combine Keeps dark horse ne ~ Ell, rue
ssn u,ceS, uu' as II IS very strong and wen-
suppVtteu ~ Us expected to be quits csnn
Is quiet" V"unfy trade
Mall adyices from Baltimore on top0to..
state Present indications for the to,aI
pack for the country for 1901 point - a
pack OF between four and four and one.botf
million cases, as against average nsep =,
le9s 1890 and 1900 of six aud one.hsl, mil.
n non cases per year. Even accepting the
o oues ngure OF four aud one.haif million
cases as the pack of 1901. IL WIN he sesn
mat there is a shortage as compared %yith
tue average for The past three wears nra'
ceulng 1901 Of 80 to So per cont Win
aetuai c0usumptive demand greater today
nun II mas been at any tlme during I'M.
past ten years" '"e
concerning the leaf tobacco market n
Louisville, Ky. correspondent writes .rrba
leaf tobacco market made further progress
IN activity and rising prices during the
week Just ended. Offerings OF the new
crop were large and sold at better prices
every day, the close showing an apprdeia
ole advance over the opening
competition among both manufacturers
.Hat the new crop Is selling considerahly
IN ADVANCE OF prices at this time last wear
Old tobacco has also been better and All
tyPes Win color are bringing the highest
prices eNSr known. SO far no choice leaf
OF the neSy crop has come in and nearly All
SHOWS more green than manufacturers ike
!tt many sa!es haye been made at $40
TO 81. 20 per hundred pounds
IN all, Gil hogsheads of new barley were
sold at an average price Of 1872 per hun.
urea. ms is high average as Il incltSipu
great deal of common trash and most
was In rather bad condition"
Williams, Flash Co of New York re.
port Gu cotton seed products: The un.
usual prosperity which this country is now
enjoying has led to very heavy specula.
ton in the West In grains and lard. with
the result that this latter article mas nd
vanced In the last two weeks fully cent
pound. This advance In lard has led 10
very heavy buying of cotton seed oil on
me part Of the packers, with the result
that the price Of crude has been marked up
10 o5c, at which price some very heavs
sales sales have bsen made in the Valley and In
Outside of the buying OF crude for com
pound lard, however the bulk Of the re.
Hnerles nave not been willing to pcs hese
prices Tor crude, as refined oil has not ad
yanced In Ike proportion, aud consequent.
ly, they have been able to see nothing uut
Il less In paying these values for crude
anu nave more or less he'd OFF
Ihls advance IN crude may 90 still fur
ther before 1t is checked. but IL is ones.
tlonable whether after an advance OF S.
per gallon In the price Of crude, and after
me packers accumulate more or less OIL
some reaction is not due, no matter whai
the ultimate course Of prices may prove
TO be. There Is no denying the fact that
for use IN compound lard, at the present
prices Of pure LARD, crude cotton seed oil
Is not dear even at S5c per gallon; but 1t
Is question whether the compound lard
manufacturers Will he able to absorb all
the cotton oil which will be made In the
next two or three months.
In regard to refined oil, there is not
much Of this Offering, but, on he other
hand, the demand for 1t is narrow. Eu.
rope, with one or two exceptions-say,
from tine northern parts for edible pur-
poses-has not Tlvanced her Views, and 1t
would seem that, with the abundant olive
crop and the fairly large crops Of other
prices, or higher. very lit>ie cotton oil Will
oe exported especial y to the southern sec.
ton of Europe, which In the past two
years has been our largest buyer
AT the close, we quote the market as
steady "a tribe more tendency 10 orer
crude al 35c and buyers showing Il little
mare reluctance TO take hold. Prime sum
mer yellow is Ale bid in a small way, with
42c to 43c asked for any important lots.
~ summer yellow is neglected, there not
being much offering, and 1t is also equally
true that the demand is small"