The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1901-10-19
GOOD BUSINESS OUTLOOK.
RECORDS MAY BE BROKEN.
indications Are that the Volume OF
Legitimate Business Tor the Year
VIII Be Greater Than Ever.

New York. October iS.-R q, Dun a
Co.'S weekly review or trade tomorrow
will say; Unfayorable signs are rare in
the business outlook Manufacturing in.
duStries enjoy exceptional activity and
most jobbers aud retailers lind no occasion
Tor complaint Mild weather Is the ono
influence that may be charged with retard.
ing retail merchapis distribution, yet there
is generally confidence that all sales thus
postponed viii hc made up later. The
same influence Is Invaluable In facilitating
the handling OF crops, erecting buildings
and other outdoor work.
Although a NTH Of the year Is stil to he
heard from, including the usual intenup
ton ot elections and possible disturbance
OF legislation, there Is ample evidence THAT
the volume of legitimate business Will
largely exceed al previous records Spccu
curities aui option on leading products
which emphasizes the activity In trade
channels as shown by bank exchanges for
the week at New York 3S per cent larger
than last year and s. above 1880 while
az other leading les the gains were 49,
And o respectively
Strength without imitation sim sum.
mnrizcs the IRON and steel situation. De-
spite two months OF interruption nv the
strike, evidence accumulatcs that the year
VIII SurpaSs an records in production or
sumption OF ore and pig iron, Orders al
ready booked Tor delivery far into no.
promise that next year win bring stil
higher records. and the stcadness of prlccs
makes the outlook especially favorable,
Mills as rule have practically released
contracts for all the orders that can be
filled this year and future developments
can only come In 1902 as To finished steel.
Heavy orders are recorded Tor rails with
free movement OF structural material
while wire aud wire nails SO abroad I'm
/ NttHa Il ham yNHNss
under the vigorous demand and southern
foundry securing definite advances aud hes.
scmer In Plttshurg is firm at SIG Tin
| mates are almost restored to normal prices
| imports ceased, the London market has de-
| cllncd sharply. Copper rose IN the face
| Of reports that q large reduction In list
| price was contemplated by leading produc'
| ers to reduce stocks.
Footwear factories stir have many weeks
! fun employment ON heavy weight goods
Sor winter Supplementary orders for sea-
| sonablc limos stlll arrive from Eastern Jon
| bers Prices are not quotably higher
| though the rapid rise OF leather and hides
| have taken so much OF the profit tina; shoes
must soon deteriorate IN quality II better
| quotations are not forthcoming. Leather
has begun 10 show symptoms OF speeula-
tlon. but huying by the lending maRuiactnr
| ers for actual consumption also reaches a
Cottons move freely with prices we'll
sustained for M lines and dehnite advances
| quiet vet shipments uf over 5O0n.oN
| pourds Of wool weekly firm Bosth mdi
| cate no decrease In activity at the mills
Fluctuations In cereals were small, with
markets dull and fcatureless. Com re-
! coded little further Influenced unfaNora'
| bly ty the insignificant shlnn ents from A.
| lAntlc ports only 50l,a55 bushels for tho
| week. compared with 2,Too,ss7 last year
| ana 47d7. 25S In 1893
Wheat lost little Of tho early gain, al
| though declining prices year ago makes
| the difference small than u has been at
| any time this crop year. Foreign buying
\ of -four Is stlll unsatisfactory, but the out
20 Of wheat Is heavy; for the week United
| States exports flour Included amonniea .d !,
| 1901 900 bushels. compared with 3646, THl
last year and 4,255 100 two years ago
! Western receipts Of 5ooa,6l4 bushels
against :, 42G 651 last week and T726,A2a O
| year ago indicate that the new crop y be
| ing marketed less freely, growers holdnf
back in expectation Of better prices, ,despii,
| tho estimate Of foreign authorities that thf
| worlds Yield will exceed 27oo,opoo0o bush
| els and unofficial predictions Of domestic
| crop az more than 7600O0,oo0 bushels
Failures Of the week number 900 In the
| United states against 200 year ago. and
| % in CANADA, against 20 last year
A crIkAItl hTEH RETAIL TRADE