The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1901-10-24
HOUSTON WHOLESALE MARKET

sousSslps AZ through the yesr end arrivals
ihe London market have scarcely suf.
need 10 supply the somewhat slack demand
firm" so" ~ " WY
Williams & Flash of New York have
me following on cotton seed products.
"Ih market for cotton oil has continued 70
rule more or less dun throughout The week,
with prices Of spot and October oil grad.
ually declining TO a nearer PARITY with
figures asked for future delivery. The
demand at the lower values prevailing now
nAs not shown any increase quite the con.
f0ry. The European huyers are able 10
supply their wants With olive OH. tho CROP
81 which this season "a large, and With
other seed and nat oils, the production
on which this year promises to he greater
Than usual; and looking az 10 from tho
though We could not cxcncct any demand
or consequence from that source. unless
prices reached q much lower level here.
The home demand at the moment is also
poor The decltne In pure lard has very
much curtalled the sale Of compound aud,
consequently. the demand from that source
for cotton oil has Income smaller.
AS each day now sees the production
or cotton oil grow larger as the season
advances, Il would seem as " prices would
have TO decline sim further 80 n point at
which a good free demand would set IN
ana the surplus Of the crop moved freely
into consumption The trouble With cotton
oil Is that Notwithstanding It's comparative
chcapnCSS. as compared With lard, the lard
Kettle Of today can not consume all the
oil made and the surplus must tud sone
other channels Tor consumption. and this
II apparently can ouly DO nj lower figures,
quote the market az the close as
dull, with prime summer yellow for Octo'
Der 40c, November Csc, pccpmhcrc SIisc;
~ .ts.D. taff.vH .H.V.N wH Wwa NVH gH.a
ing littlc demand. Primo crude, loose at
the mills. zoe tn 3ic, according to time
NJ delivery and locntion.'
The letter below was previously furnished
The Post for publication aud was one OF
tho circulars referred Ia an "a special to
yesterdays paper, giving the plan Of tho
sugar trust 10 nnuihilatc competitive cant
and beet sugar industries In The United
states. The recommendation to pull or
the bar Of protection around the Southern
and Western producer only, by making
Cuba sugar free. is neatly implied The
letter was given ont by Wilctt & Gray,
who atc regarded as voic'ng the ideas OF
the trust. and while published in q number
% papers was Withheld by The Post for
obvious reasons. II reads as follows.
"As q good deal has recently appeared
in print regarding the consumption OF sugar
In this country, the vnrious sources from
which u is obtained. the amount NJ duty
paid thereon. etc. the following tncts and
figures will be OF interest to your readers
"rhe total consumption 90 sugar IN th'
| United States last year was 2.2lN,S4' tons
and based ON the average increase of 6.S'
per cent during the past nineteen Years
the consumption this Year should be 800,
5S5 tons. or tbs quantity 100000 ton'
In round hsurcs Will come from American
sources. saving louisiana being able ID
produce 810UUO. United States hcct i0c
| tories $4,000. Hawaii 3a0.Uuo and Port,
Rico 10000. all being free w duty, leaN
ing i.3Gu.as5 tons TO Cune from othe'
sources and ON which duty is paid, Th'
average duty assessed IS S3d per ton, 81
d total OF S4S.gslCU0. fhe price OF al
the sugar consumed. however. being en-
hanced to the extent 81 the duty 90 $Sl
per ton. or q total eff Ss4.Hsl o6n. 1t ~ cyl
dent that S3G.Uuu.OuO additional iF paid 10y
the ncoplr I'm order GO provide thc govern
mcnt WITH S4a.O00.O00 for revenuc, OF whiel
HE government is not nov In need 4
the duty Is tukou OF cuban sugar, th'
bppeGt Of Ss5.Op0.OOu goes 10 the people
.Ou october & the quotation Tor Cuh'
centrifugal sugar 90 degree test, iree OF
board Cuba was 1850 per pound duty %,
enme amounts 60 lGsJc-cquiNalent TO =
per cent advaiorom.