Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1884-04-03
LOCAL MARKETS.

GAZETTE orFIcr, FoRr woRru, TEXAS
ArrD o. 1854 ! !
In the Absence OF any change In the cOndl
tion OF the locnl market worthy OF special
mention, we give space 10 some interesting
clippings from our exchange list;
NUMBER 1Aprrr,
The Grand Rapids nally pcmocrl' a Jour
nal which, II IS hardly necessary TO SAY, Is
particularly well qualified to spcAk regarding
the lumber industry, has n strong mtolo
against tue present itrIl Inios ON lumber.
rho Democrat says that ihs tniin on lumber
Il "a iarla fer protection only That the
purpose of the tax Is not
to ret money mo the national
treasury 10 meet the necessary just
oxpcnses of The government but 'to put
more money Into the pockets II the vneIH
of pine lands than they wpHld get n there
WAS no huch tax In support of iic state
nient the Democrat calls attention to the h,ct
4 uiat white The gov ornmont last gear derived
! a revenue of $4,000 from tho luma,r iar.fI,
| the manufacturers OF lumber and the own.
ers of lmbend lands derived In consequences
of the turln lon the basis OF figures supplied
by mtmsulveD The sum uf 49, C0,0O-two
dollars a thousand feet on li,aU,Ul feet pro
duccd. THIS however Is not the wcrst OF tho
matter IN the democrats view. The direct
enCct OF the h,rin IA taking largo bounty
| from the purchasers Of lumber Is, 1t says, al
| small Importance compared Win theindlleCt
| damage 1t causes by Fastening the dohtruc-
tion OF forests Upon this point the Journal
uuolcd snys: "Mo me onconraa ing
the destruction OF our forests meItly 10
make n few Mmbcrmeu rich, " and.addsthnt II
| the general interest were atone In question
SIT would be better 10 pay n bounty fDr The
preservation of our forests than II IL to pay
the bounty cNacled by the tain 20 hasten
their destruction This lisa Wow Of the mat
| ter which the recent discussions regarding
tbs destruction OF the forests Will render Of
interest,
SPECULATION ~ rRiNrs.
| The proportion has hoen made Ia Intro
dueu sIcuuiaiiyo trading IN print cloths NJ
the New York cotton exchange, and there
are uuiioa number OF brokers there who fo-
gaid Il fayorably. his, IN addition % futures
In the raw cotton, II lis expected. Viii Furnish
more busincss-eyidently one object IN view,
Tho constituency of the.coiion exchange, too.
"wouli be Increased by jobbeTs and makers
of print cloihs'--lf these gentlemen
oan be induced 10 sanction iht:preject one
BROKER intlnatos That good prospect for
| the success Dl tNt IiAh ~ hia NiAtf N'h'h "'
necessary to secure ihalr full cooperation
The plan would necsssitaie y warehouse III
FAN RIVER, probably, and sal,s here by hsiii
ple. ono broker said to the Commercial hui
ioun that 81 good system oI futures would
save any mill which had bad luck from beini
Obliged TO slaughter It's production In order
To raise money Another polnied out ia al
sprint cloths, Of the Kind known ~ esiis
a., measured seven yards 60 the pound, ano
were worm yesterday 7-lOc ayard. A pound
thereiore.o pin, cloths was worth aeooi 2So
while cotton might be said To be worth i9c ;
pound the pieSlng, carding, splnning
warpiug and wea sing had added lhe poun,
10 The value OF Tho cotton, or had made tvs
bales, after this process had been gon
through with, worth as much ~ Ave before
/, IL was tupposcd that alsout Dlu0o bales war
d worked up annually Ia this manner. %
7 equivalent 10 value To 90 go bales raw uni
ton. 'Jfthls couia be rddod u Tho husinss
OF tho exchange Il would about donble ia
nelnai deliveries, ard Of course could b
traded upon spacnIatisely 10 as great an o.
2 tent a. any other commodity