The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-11-01
CONFIDENCE IS SUSTAINED
IN THE BUSINESS OUTLOOK
An Exceptionally Good Trade Has Been
Noted in Fall and Winter Goods.
Spring Orders Are Large.

New York, october -Bradstreet'e to.
morrow will say; Confidence Ia the out
look for next years business is notable
feature In tho trade situation. The vol.
ume OF orders booked for next spring de
livery IS large for this season OF the year
and IS explained partly by the exceptional
~ good business done In fall aud winter
goods, aud the large crop yields Of the
year. and also by the good position OF the
winter wheat crop, as cold weather ap-
proaches. The absence Of killing frosts at
the South has allowed of the maturing OF
n considerable top crop Of cotton. This
has helped the trade situation there, while
acting as break upon the tendency Of
the price OF that staple TO advance. The
demand for wheat has been active ON mill
ing account. the Pacific coast being report.
cd buying at Northwestern markets. Flour,
though demand is reported less satisfac
tory, Is higher on the week Cotton goods
are unchanged and quite steady. Distn-
button and the outlook IN the dry goods
trade in general is very good
The great rush OF autumn buying at the
West is over, but the orders are good. al.
though colder weather would benefit retail
trade. feature is the confidence with
W ANh NhN kuNfAH AuhN h'lh VI HttAhh1
goods aud give orders FOR spriug delivery.
objections are, as a whole good, but hest
tRtion is still noted az some southwestern
markets. The winter wheat crop Is ali IN,
and most OF II was UP ana growing nnely.
southern trade adyices are that the tine
open fall favors the making Of a good
top crop Of cotton Frosts as yet have
been light.
The East retail trade Is dull, but Job.
png business ferls the effect Of the llfi-
Ing OF the coal embargo. Woo'en goods,
strengthened more 10y higher cost on raw
wool than by current demand. are tending
up. Yarns have already advanced. Spring
trade indications are promising Lumber
Is selling freely; despite the advanced stage
cite coal Is increasing, aud prices have
fallen rnther faster than expected. I'm
portatons OF English coal are large.
Bituminous coal Is less active,
Eastern shoe buyers appear TO nave been
r.conservatiyc and are now rushing IN
orders. Hence jcbbers are IN turn crowd
Ing manufacturers Spring husinrss IS in
good volume, and more conhdeDco is ST own
In the future. Buying Of leather is not
very active At Eastern markets, but a good
volume OF shipments Is going forward on
orders. Western leather markets urc quite
active, Hides and skins show no aecumua-
ton.
one industry in which confidence in next
years business has heretofore been marked
shows signs OF hesitation That IS iron
ana steel, finished products of which, APP
p9leitly because OF nigh prices. have tend
ed to accumulate. Where price reduction
has occurred, however, new husiaers has
| come In gratifying volume. For the ,roder
! forms particularly pig iron.- rails aud
bridge and structural material, no loss OF
| strength is noted The lnrger movement
| of anthracite coal has us vet appar, utIy
| affected Eastern Iron furnaces BIT little,
| duction In the Pennsylvania valleys. / he
| scarcity OF pig iron Is Illustrated ~ the
fact that sales for 'he nidile Of reNt
| year are being made at Sells rer ton,
| while immediate supplies are ~sctfot.-
! $50, The acceptance OF reduced wages by
tin plate mills aud efforts Of American
| mills TO capture orders resulted IN the sale
| OF 100000 boxes OF so-called drawbac,