The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-04-17
HOUSTON WHOLESALE MARKET

changed as regards its basic situAtiss and
IN fact, II anything u hes heen rather
strengthened BY the slightly better ,hgures
ruling for both lard ans tsllov hut az
present range Of prices. in our opinion. wa
are going to have more or less spasmodic
market right clean through the summer.
There win be a few days az activity ana
this viii be followed by weeks Of intense
dullness
We see nothing nthe MARKET a. tbs
moment to cause any decided change ons
way or the other. Crude has held fairly
arm IN the face Of the easier market tos
Eastern States would bring a5e.
We quote the market Vt the close as
steady u dull prime yellow al 42i5c on
yellow n ~ prime crude 24i5@a5c accord
ing 70 location and quality.
The New YORK Commercial has the fol-
lowing In connection with higher prices fos
beet
It becomes more evident from day 10
Price Of beef before fall fsig dealers who
distribute TO the leading hotels, which take
tho best cuts agree in blaming the Vest
ern mest combine and. predict that tbs
men who control the prices Of beef ia tho
Fast will continue tn advance the cost 10
the consumer until the fresh young sup
ply from the ranches in the West Is readE
class beef be before fall that the great
working population may no driven TO And
substitutes.
Peter j. Hickey with thir+y-nine years
experience In supplying leading hotels
tho outlook
unless the stock Is fed on corn. When
corn is worth zoe per bushel the farmer
VIII sell II and get the money in his pocket
quick and not feed II 10 stock and walt for
year or two for returns from his crop.
Another contributory cause 10 the press
ent high prices Is the shipment OF beef 10
Europe The great beef combine can not
regulate things across the ocean 10
FnmpoIlpn
ocean liners a year ahead, and must pay.
whether II ships beef or not. consequently
II ships all the time and Is at the metcE
Of the dealers on the other side when the
supply Of beef from Australia is plentiful
The result Is that American beef is now
selling al lower price in Europe than q
eAll kinds Of meat are now bringing
here from one to two cents a pound mors
at wholesale than year SEQ, and retail.
ers have advanced the price al the same
! rate"
Richard Cooke & Co.'S Letter.
Houston. Texas. April Ninth Liver
pool 2ls,64 lower than expected, New Or
leans advanced from the opening IL points
closing al the highest mark Of the season.
New York did not follow, closing only
points above the opening for late months
dnd Y points for May The semi weekly essi-
mate for thirteen interior towns 300 nors
thnn last year while the stock was lS3.1oO
bales less the ports were less than last
year and the estimates for Houston ana
New Orleans were 600 more than one year
ago. The census figures taken from the re.
port OF ginners, making the crop 5OuoW
bales less Than ia 1900 and SO very close
10 the bureau, has given the bears palpita-
tion OF the heart and the least nurry causes
than TO run 10 cover.
MI fsllson's estimate Of the worlds re-
unirements Of lO,T5uODO Of American cot
ton. with a probable l0,25O,Uoc crop - not
calculated 10 make the shoEts over easy,
I.iverpool spots were l-S2 up with sales )
OF 5000 New Orleans and New fors closed
i-16 up and Liverpool due 2B4 higher 70
morrow. Richard Cooke Co
New York Dry Goods.
New York. April 10 Conditions ~ ths
loeal drg goods market today have undenS
zone practically little fEanec IN any de#
psrfment Buffers for export eontinur ~
trantnnt fhe market and fair .ordfrs htvt{