The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-10-04
OUTLOOK CONTINUES GOOD.
FAILURES ARE VERY FEW,
The Only Disturbing Factor in the II,
dustral Situation Is the Anthracite
Coal Strike,

New York October d Bradstrcets lo.
morrow viii say IN the almost uniformly
favorable conditions Of nine months hnau.
cial COMMERCIAL and Industrial operations.
the only depressing mite is the growing
acnteness ~ The rdal situation Tie re-
turns If failures. eicarncs and the ether
Items bearing upon the results Of the three
quarters Of the years prires at hand point
to coadltcns most largely favorable, aud
TO the unprecedented fan trade. the moving
Of large crops at higher prices, IMMENSE
cattle receipts ana unsurpassed industrial
activity are, In great measure, chargeablc
TO the numerous md heavy gains shown in
widely separated sections. Failure returns,
top, art almost entirely favorable the num-
her Of emharrassmenis being the smallest,
With two exceptions, tn ten years, aud the
liabilities being the lightest, with one ex'
cention, IN twenty years
The reports TO Bradstrects. while point
ing IN some tightening I'm the htut Of the
active iobhing drinand nt nearly all ecu
ters partly que 90 religious observations 7
testify to he fall anu winter trade, al,
ready booked. being exceptionally good, anu
m most cases IN cXc,FS " preceding years.
ana crop yields, except In some sections,
guaranteeing a mn volume " business IN
the remaining months OF this year and the
early purt of 1903 Except for a few sent
tered pcssimlstic reports from the South,
advances from that section are generally
~ o fair to good trade with Improved col
icctous, At the East a large distribution
Of dry goods Is noted nt such cities as Phil
adclpha, New York ana Baltimore. Hides
aud leather are active and steady. ana shoe
manufacturers are generally employed.
Rather less strength Is noted In some lines
Of the iron aud steel business than hereto
fore. but the quieting down in the crndet
forms Is due to scarcity uf fuel aud Of pig
iron MS much as TO the flood OF forei ~
iron, which appears To be steadily lncrcas
ing. Special mVt stigRtion shows that re
ccipts NJ foreign iron ami steel In August
exceeded 10000 tons, but exports Of Iron
and steel aud their products, mostly mn
chinery. are still morG thnn double the I'M.
ports for that month More inquiry for
pig iron FOR last half Of igli Is noted al
Cllcagu ara rev orders for rails, structural
materials and plates can not he guaranteed
delivery until tho last half Of next ycnr
Many steel Mills IN tho pittsburg district
have closed for want ~ IRON
Eastern cotton go2dS manufacturers re-
port quiet dcmaNd. hut this Is as much
due TO their own unwllmgness TO sell free
~ ahcnd as Il is 10 the consumers desire
TO walt on the raw cotton market which,
moro notccahy than in recent years. seenlt
80 regulate the course Of the manufactured
products The strength az the foreign de
mand FOR this staple has largely offset tho
much heavier Of earlier movement " the
crop 10 market Wooden mills are vel en-
Moved both on records for winter trade
and as regards spring business ami large
Interests are reported to be actively buy
ing wool this week.
business failures in tho United states fol
Tho week ending October number l6i, as
against IT, last week. lIa Ia This week last
ycar III In 1890. us In 1879 ANA lBj III
1878 Canadian failures not known.