The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-01-11
Tue RAILROADS NOT ABLE
TO HANDLE BUSINESS OFFERED.
Business Is Good and Buying of Staple
Is on a Large Scale---The Iron In
dustry Is Particularly Active.

New York, January 1o.-R G. Dun &
Co. weekly review of trade tomorrow will
say: With the unprecedented holiday
business ended, transporting facilities are
more nearly adequate for regular require
ments. Merchandise moves to consumers
more promptly and In the iron region there
Is less Interruption because of insufficient
fuel Normal conditions have by no means
returned, however, and 1t will be some
time before shippers can safely guarantee
deliveries on a specified date. Buying of
staple commodities is on a large scale,
fully sustaining quotations at a high level,
except in the few instances where efforts
We're made to hold prices above the point
warranted by the ratio of needs 10 suN
plies Holiday ideness, inventories and an-
nual overhauings were all cut down 70
the lowest possible limit at ron ana steer
plants IN the cuort to meet urgent ue
mands from customers. Foundry IRON AZ
the East is still scarce. high prices oelhs
quoted at Philadelphia, ana chicago lllltn
can not secure material IN desired guam
ties Moderate imports have secured 40
nestle deficiency, but this will not be-
come a factor Of Importance II the SIlua
ton continues TO improve at the p rcsvut
rate. Although railways largely augmeh,
cd supplies Of rolling stock during 1901,
contracts for this yeDrs delivery alredoy
aggregate many months run capaSlly o.
10 prospect Of a surplus in the near future
Weakness continues in tAe minor metals:
conner selling . cents below the Inflated
prices of a month ago and the annual re-
ports of output consumption and exports
Indicate that the reduction was tuIy war
lanted Activity continues at cotton mllls,
although domestic buying Is on a moderate
scale. Exporters are bidding iresy ioe
heavy goods but as a rule ran snort OF
holders views and little new business Is
accorded Johbing trade in woolens grad
uallv pYpands new lines selling Iairiy az
lnoderate advances over prices prevailing
! wear ago N0rsted yarns are scarce anu
firm further slight rise mas occurred
~ the average of wool prices ana tue Loie
Is strong. but there is a tendency 70 await
the London sale ten days hence beIole
making further changes Footwear factor
les are well engaged on spring ana SIMMER
lines with prices showing O hrmer tone
and fewer producers ready to do business
nj old rates Leather has sold freely az
Roston quotations fully maintained, espe-
ciolly on hpmlock and union sole. Chl-
capo Dnckers stubboruly hold to FORMER
lIst prices, hut the market is weaker notn
domestic and foreign hides aetuslN sei itiS
at concessions. Reports OF un1aNor.ple
weather In the winter wheat regions stlm-
Mated prices and there was further sup
mort in the general resumption OF nctVity
~ honr mills together with added inquiry
fnr foreign account Cotton was depressed
by liberal receipts though foreign condl'
lions have improved and the quotation II
almost $40 a bale lower than at this uma
Corn was fairly well held in sympathy
Failures for the week number o73 u
tho ITntted states against 324 last year
and u In Canada, against 81 last year