The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-05-04
.lSTON WHOLESALE MARKET

market while sdvices from the East maj.
cate very substantial gains Of late.
Mail advices received from a sardine fac.
tor In Boston. referring to the situation
with particular reference to the new pack.
say: I'VE don't know that much can be
said about the prospects OF the coming
pack OF sardines. We presume leading
packers will commence operations on MAY
10 provided ash appear in sufficient guam
tty. Last season for few days after the
commencement Of packing operations there
was plenty Of FISH In the vicinity Of Booth
bay. Ii often happens however that the
packers at Eastport do not get the hsh in
suniclent quantity to warrant the opening
OF their plants so early. The water In that
section Is rougher and colder and fishing
more difficult than IS. the case farther
south. We do not think that much can he
known OF the prospects for the fishing sea-
SON There does not, however. seem any
good reason why prices should be very low
Tor the hrst Of the new pack New goods
are generally worth a little more than old,
say l5c 10 2Oc per case
The Commercial West says Of -four;
"All conditions at present point toward a
continued quiet period In milling. The
most serious adverse factor is the duh ex.
port demand, which causes much OF the
surplus OF all the mills in the country TO
be thrown upon the domestic markets. Do
nestle buyers are generally bearlsh. be.
lievtng that wheat is being Influenced nv
crop scares, and In these they have no con-
hdence. Foreigners have not followed our
advance and their bids are cd at lenst he.
low the cost Of -four. Domestic buyers are
doing little on the advance. Another hundi.
cap 10 the Northwestern miliers IS the
premium on cash wheat caused by the light
receipts This Is really n serious Instter
ana one from which there IL no relief In
sight This week the mills arc running
about on per cent of fun capacity Gener,
ally speaking, -four orders ON mlllcrs hook.
are probably lighter than they have been
since September ]. the beginning OF the
new new crop year This Is an indication Of
when the tide once turns. The relief from
the present stagnatlon, IL would seem
mus t come from Europe, Just now the sit.
uatlon is waiting one"
Adyiees from Baltimore state in connec.
ton with canned goods 1--WE note for the
Fourth week OF the month continued lack
OF Interest and activity beyond immediate
wants None Of the conditions that i'm
medistely surround tho spot market. in orr
Judgment, call for hand-to- mouth purchases
yet the fact that this sort OF buvinH has cor.
tinued now for some time must Of necessity
bring us closer to the turning point of the
market, which is likely to be SHARP when
Il does come. 1t must not be forgotten
that consumption OF canned goods Il not
connned TO any particular season of the
year, but embraces the entire wear 60 tbat
whether the movement is out Of nrst hands
OF second hands distribution into consump-
i've channels is continuing, and naturally
the longer buying out Of first hands is de-
layed the more quickly will nrst hands be
reaoy to take advantage OF delayed buying
by second hands when It once starts in.
Inc course OF the market for the past six
y days has been GRADUALLY furnIns - Ait.
END ana we should not be surprised to see
lne experience Of the first half Of last year
repeated this year before the first six
months OF 1902 have been passed."