The Waco daily examiner. [volume] (Waco, Tex.) 187?-1888, 1882-01-18
FINANCE AND COMMERCE.
Yesterdays Quotations and
State of Trade..Miceiia
Gus Commercial Matters
CONNIE RCIAI.

EXAMINER OFFICE, January IL
The grand finale of the two week ram
which last r:ght covered everything with
sleet, was not very conducive to busl-
ness to-day, and everything was more
nominal than before. There is no change
to note IN the state of the market OF
prices. ~
A Liverpool correspondent of the
New York Bulletin says of cotton
Even at this date, when in ordinary
| course something like a reliable opinion
ought to be possible, we find estimates
| varying to the extent of 100000 bales
from each other America, it appears,
believes in q very short crop, and is act
ing in accordance with that belief.
Liverpool cannot reconcile the move
ment up to date with the crop being less
than 100000 but has scarcely the cour-
age of her convictions, so that for the
present prices have been raised by Amerl-
can operators chiefly The new year
will, therefore, open with the market IN
a perplexing situation. The trade have
no inducement to operate freely at pres
ent values, owing to eastern markets not
being satisfactory. The crop appears
like a 100000 one, but those who
should know on the other side of the
Atlantic say it is much less, and back
their opinion by their operations, Liver
pool, meanwhile, not knowing what to
make of it all
"A Wall street financial writer was
accosted the other day by broker who
complained that the financial articles
were not bullish enough. The broker
said: what you want is to give it to
EN- strong. Call for bold bull leader
to come out and run the market up 20
per cent. Talk about the immigration.
Seventeen thousand immigrants pour
ing in upon us every year or every hour
which is it-every hour-each lmml-
grant brings Sl00-that's so much-eacL
dollar has 100 fine cents in it-better
than our North American mOney-the
bone and sinew of the CONTRIBUTING
from oppression in foreign lands, where
the rates of interest are enormous
seeking our broad, fertile prairies
Astounding in improved agricultural
Observation-Disclosures was such an open
winter farmers planting-winterw wheat
knee high in Chicago---Jay Gould and
Kneeland soaring aloft on an elevation
bearing the olive branch of peace
Vanderbilt smoking the calumet of
peace with Garrett, telling him how
much he admired his eloquence---and
149 bid for leveIything. See? That's
what you want. Something like that
Business i'll New York is exceedingly
active for the week Immediately sue
ceeding the holiday season. Orders
for merchandise from all over the coun-
try are liberal. Prices are firm for most
commodities, and there seems to be a
hopeful feeling in mercantile circles
generally. The wheat and corn markets
have been steady, with a fair amount of
business doing at about previous prices.
The market closes weak. The lard and
pork products have been fairly active,
but the advance of the latter part of
last week has been nearly all lost, and
the market closes weak. The
volume of business III cotton
has been quite large, with prices
tluctuating within the range of twenty
points. The market closes fairly steady
at a fraction below last weeks prices
In wool there has been a regular, steady
business doing, not large in amount, but
sufficient to keep prices steady at about
previous rates. Petroleum is dull, drag
giDg and unsatisfactory. In freights,
owing to the scarcity of desirable ton
nage,irates hold good, and there is con-
siderable activity in petroleum freights
The lumber market shows some dull
ness, and there is a disposition in some
quarters to cut prices to get trade.
Larger holders, however, express conf 1
dence in not only firm market for
spring, but a still further advance, aud
are not disposed to sacrifice stock. The
general tone is good and the business Of I
the current year satisfactory.