Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1883-01-05
COMMERCIAL.

GAZETTE OFFICE, Jauary 4. 1888,
The receipts 5f cotton ut the several
warehouses in Fort Worth, Cor tho
season Of ls52-lsS3, up to the present
time, are estima ted by intelligent and
well posted cotton men, to reach i'm
the neighborhood OF seventy-fivc per
cent ofthe two-thirds crop produced In
the territory surrounding Fort Worth.
and which Is naturally expected to
seek sale and shipment from this
place. There can, of course, be no
exact statement of the amount of
stock In the hands of the producers.
but by comparison with the receipts
up to a corresponding period last
season, the cotton business may
be Appropriated close enough
to arrive at something like clear UNI
derstanding of what the elimination
will be. Candor and 1.-THE truth of
history" constrains the GAZETTE to
say that the cotton business transacted
here the present season has been re-.
iuote from satisfactory, not only to
buyers, storers aud shippers, but to
business men generally. Some Of the
frs mentioned class, anticipating re-
suits early in the season sought more
inviting fields to pursue their vocation,
But Notwithstanding these apparoitt
facts they by no means argue an ire.
coverable decline of Fort Worth cotton
market and entreipot. Close observ-
ers of the seasons during the critical
period of growth and maturation, will
remember that this section OF the
state suffered more than any
any other from the excessive and pro-
! longed rainfalls. The crop was much
heavier an almost incredibly few de-
grees to the south Of this point. The
effect of this short production. ii is un-
derstood, will I've apparent when the
farmer pitches his CROP for the cur
rent year. The shortage aud the con
tinued low price for the commodity
here set the farmers to thinking
whether or not thete are not more
profits To be derived and satisfaction
to be gained from the cultivation OF
grain and the raising of stock 10 some
extent. The announcement which
comes by telegraph Of the gradual but
constant decline in the price
OF cotton will doubtless stimulate the
| thought into practical experience
The capabilities OF oursoil and climate
for the production of wheat, and the
remuneTative market for that cerea
right at home, should avail to the enc
contemplated. Our -four mills have
been compelled to import their grist
even drawing on the wheat produc
beyond the confines of the state, be
cause il could not be obtained here
| The Investigation OF crops is "a trit,
theme in the South, and whether rea
son or some insurmountable obstacl,
is in the way of its practical force, but
little progress has been Irade toward
putting in in execution. Successive
| years have shown an increase in the
sum of the first great staple when not
prevented by natural agencies, and il
appears next to impossible to effect q
change. When it is learned that there
are hundreds Of thousands of bales In
the hands of the Spectators. together
with consideration of n falling
market, it Is a nice question for study
and conjecture whether there IL reas
enable hope for the prevalence Of better
prices There will be nosympathy fol
this species of "iniddleman,' against
whom, as class, the animadversions
OF the grange was directed in vain
several years ago, by the members Of
that defunct organization. Having
purchased when the market was
buoyaut, In anticipation Of Use, they
will probably seek to unIoad without
victims, and must suffer disaster.
Already the market here responded
to the decline in the East, and those
who sold early in the season are per
| haps gamers thereby.