The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-05-10
DUN'S REVIEW LAMENTS
THE CuRTAlLMENT
just at Time When Consumptive De-
n1ands Surpsss All Records in
Nations History.

New York, May Or 6. Dun & Co.'S
weekly review tomorrow will say: At a
time when consumptive demands surpas $
all previous records Ia the nations history,
II Is unfortunate that production should DO
curtaiied, Yet that is the present situa.
ton
Fires, labor controversies and a tornado
stopped work at many points. greatly re.
duclng the output, and many more wage
disputes must he settled before the end Of
the month or furnace ares will DC banked
aud wheels cease to reyolvc Losses by the
elements have been severe,
Prices Of commodities. as shown by Duu's
index number rose TO the Highest point In
recent years gaining 3 per cent over the
corresponding date last year, but this week
there has been 4 material decline In some
products, notably grain. Distribution
through retail channels continues very
hoaN!, seasonaole weather exertius a
most helpful influence Railway earnings
are steadily gaining. full returns FOR April
exceeding last years by 10 & per cent. and
ltNo by ~ per cent.
FfocraSiinHtng consumers who predicted
a collapse IN the iron and steel market sim
liar 70 tue break that occurred two years
ago nave srcatlN augmented the pressure
by tArdilN attempting TO supply their rp.
quiremcutS. 1t has been obvious Tor some
time that there utterly lacked the artihcial
element tending 20 initiate prices that was
conspicuous In The opening months OF lMpp
lhc only limit to prices appears to he the
aplIltN ot purchasers TO pay fancy figures
according 10 the urgency 81 their needs
M'HhWhilc there rs no advance on long
term contracts, and these cover the large
bulk of the business
Productive capacity Is being greatly en-
lalged, but there Is no evidence as yct that
q VI /.
~ fast,
Footwear shops in New England have re-
eSlNcd more orucrs, although the aggregate
81 new business Is not heavy Western loS-
beers have not taken all their spring shoes
while there Is general tendency to DELAY
plarIng contracts for fall. \ few small
concessions IN prices are reported Leather
Is steady with increased trading In hclung
hutts. Domestic hides have again advanced.
especially In packers varieties 4 dispoN.
ton to await developments is still seen IN
the textile markets, although outside dis.
trlbuting points make more favorable re
turns as crop prospects improve
Recent depression IN silver has seriously
affected exports 10 China Holders 81 cot.
ton goods are not urging sales at the cX-
pcrSc " values Woocn goods arc srgrcc.
bur the demand is Sull confined 10 sub
stltute orders caused hy the strike Raw
materials In the textile manufacture con.
tlnuc TO exhibit decidedly arm under.
tone, although cotton suffered a sharp set
pack early 10 the week The collapse Of
'l,''H flI'to NdN NV hN' 10 any NulaNcI-
ahlc hewS regarding consumption nor q
material Improvement In the outlook for
new crop. II must DO attributed 20 the
customary pront taxing after vigorous
&drance, trEcthfr with heavy liquidation by
tDo Wall street interest. owing ~ the dis.
iuIbance IN the securities market
Dispatches Ia this paper promise \ large
wool dip. though the late spring has Dc
laNed shcarlng There has been less selling
Of wool on the Sleeps backs, and ranch
men appear to be IN a hnencial condition
70 hold their yield until satisfactory prices
src forthcoming
More encouraging weather reports have
made the Nutloak better Tor normal wheat
Weld, while the vide discrepancies he.
tween census hCpres and those ~ tho. aEri
cultural department regarding tho crop ~
1879. suggests the idea that in Sucrccdin ;
Years the production was heavier than on
cialiv reported These Influences were dc.
pressing while there was little ~ a sus
tanning nature In speculative operations
Exports from an ports In tho United
states during the week amounted to S,47T..
'19 bushels, -four Included compared with
h.HIn.cS7 in tho preceding week hut thcre
appeared an Increase over tho 21S35 set
bushels shipped wear ago. Special reports
.n DUns Review indicate that the sprinE
wheat outlook Is good. although some re-
suction IN acreage was caused hy high
prices for coarse grain and last year s
plendld returns from nhX Evidence Of
larger planting had a Weakcniuc Influence
II % per cent over the prices ~ the year
preceding and o. per cent over 1900 az this
date
Failures Ter the week numbered 2ts in
the United States against iST last year.
and q In Canada, against % last year