The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1901-04-06
WEEKLY TRADE REVIEW.
Collections in All Lines Are Reported
Unusually Prompt.
TRADE WAS RETARDED BY WEATHER
Commercial Failures for the Quarter
Were 1896, with Liabilities OF
$3t,7o3,45

New York, April 5.--Dun's weekly re-
view Of trade tomorrow VIII say While
The general business world has looked with
Management at the performance OF the
stock market. trade has maintained iis
even course aud there are many moro
points of gain than Of loss, with even
slightly steadlcr tone In the dry gopdS
market. Ii seems sellers have Withdrawn
offers at recent low prices, though butlns
is small as yet Collections IN all Ines
are usually prompt ana IN the hnlldiA
trades contracts have been entered mo
sufficient ~ furnish a decided impetus IA
allied lines during the spring season
No sign Of rssculng demand Is percep
,ihlc In any branch of the Iron and steel
Industry. Mills are accepting contracts
for the closing months of thu year, and
there Is every indication ihai iNOl viii sur
pass all records % the quantity OF pig IRON
consumed by manufacturers. Thcir ca
parity has been wonderfully enlarged dur
Ing the past few months aud new plants
are contemplated. It rs also probable mat
the customary summer repairs Of furnaces
aud mias viii he accomplished within a
shorter period than usual, as contracts can
Tor heavy deliveries right through the sea
son. Pcrmuncncc OF prosperity In this
industry Is becoming more certain, as
there Is less evidence of Inflated prices.
Regular quotations have not altered except
for bars and foundry pig iron. although AL
sorts OF premiums arc paid where prompt
shipment is required. Although ie"er
ovens are active IN the ConncIlsylllr region
than year ago, the output rs ulurh latE
ana about 100000 were made during TIE
quarter.
Shipments Of boots and shoes from hus-
Ton ARE steadily increasing. the last we X
movement reaching 9il1j rasco against
81 $40 In the previous week, and e9.uji
cases Il year ugu. Quotations are steady,
hn Il is feared mat a." recent uerhlGs
in leather ana hides viii max" N pO'sibi'
for sluul Shoe manufacturers TO car prtr' y
when they arc compelled tu seek nov nuri
NESS. An unexpected dcmuud mas appear 1t
for russell shoes, equal To last years bust
ness. despite the fact that these limos were
considered less popular ,
The circular Of Coates Bros. ON Aptll ]
made the average ut 100 grades Of wool
1itl, decline OF nearly u cent s.hr'
March ], During the pnsi two davs how
ever, the market stc'tdicd nnd there is
much more tradiug Moderate myluG ~
done 10y wurStcd mills
After declining within sixteenth ~ /
cents II was not surprising 10 see cotton
recover ~ cent. Ihr oNrfsuld condition uf
the speculative market WIS chiefly rrspon-
eiblc aud southern dispatches gave sup
port to statements of unfayuwhlo planting
conditions, SNnlllNS were against any pro
uouuccd rise in prices, however, aud con
ditious continue extremely depressing.
Aggressive manipulation of corn inrrcd
piirrn To AN unreasonable puiut from
which the fan was rrNcIr. ami wheat also
weakened Exports from the Atlmtc coast
continued liberal.
Pork ploduett did not show the usual
sympathy with corn when II reacted, tur
Chicago operators absorbed orders readily.
Commercial failures IN the first quarter
Of l,ml were .ktii In number aud SCI. ,U3,
ass IN amount ot dcfaultcd liabilities. of
which 10 were I'm manufacturing for Sl2,-
.ni.22 and 2iUS IN trading tor SlLI12.NuG
with fifteen others nor prupcrl, included
iu either clnss. that owed $LblGHJS. RAM,
Ing defaults numbered twenty one win la
hIitics ~ 81. II 3Nl. While exceeding the
same three months e last wear rs mum
b'r, the failures wore much smaller In
amount, commercial aud tuaucul in
hulvcnUics together showing a decrease ~
ST. 81, $50 only two years of the last
twenty made better showing ,ither ~
aggregate on average indebtedness ~ each
failure, while the proportion OF SaG.ii ia
each arm Ia huEurss aud SlOa to each
Slu0 ~ solvent payments through clcArul.
houses are records that we're surpassed
but once In two decades. For the mon Ii
uf March total liabilities were much small
or than In the corresponding month of any
year since monthly statements were Nrsi
published. These figures Indicate most I'm
dcnnhly that the new century has oprnrI
with business OF no uncertain foundation