Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1886-05-08
ON WALL STREET.
STOCKS We're Firm Yesterday, C'osimg
nc or Near the Best Figures
Of the Day.
Sns Wool Market Continues Depressed,
With No Prospect Of nm I'm.
provemont.


sold ~ tOlloNt tO-Nayi
Fort Worth & Denver AZ Sb5i Calf
Colorado q santa Ne gold Go, al lo2 ~
at i2Bg, do 2'a, at l02I, Galveston, lisr.
rieburq & San Antonio rs al ssl, - ~
s7k Missouri, Kansas & Teas, 30 a. ~
do ~ at giJ; Texas 4 Pacific (lto
0rands dlyiaion) at 49i DC, Incomes, al
8bli Kansas & Texas BE 81 T5d
Cotton was easier, hut dechnea =
points.
Wheat flrm.
on closed a. 74hc.
Coaee fairly active.
Money 2etH1 pcr cent.
Governments unchanged and dali
TyiK WOOL MARKET.
Epooiai 10 tho taEBtts.
boston, MASS, May THE wool
market continues very quiet, with de.
pressed to1o, which Ia worked upon by
every possible outside influence, such az
dull markets, couriermands d orders, by
claims upon manufacturers for defects,
real aud Imaginary, by ugly labor aRita'
ton aud anarchical outrsgesi by tariff
movements In congress, by heavy lmporta-
tions OF wOrsted yarns and manufactured
goods, aud by Che thoroughly recognized
poor outlook Tor business. Under these
unfayorablc conditions wool has declined
sG9ic per pound during about az many
weeks, aud dealers have pressed their
stock for sale, believing that the longer
they held the flower prices would range,
The feature Of the market has, perhaps,
been the break In fall Texas aud fall Cab.
fornia woole, which have been carried
very tenaciOualy for many months. The
break amounts 10 2M8e per pound In the
grease and 90 on the secured
Sales OF pulled woods have been
very light this week. Secured u. and A.
gnpers arc lower. We should quote u
snperg nj i0Oigc and A eupera az a7Go
zoe, latter for very fine A supera. Pulled
woods are In good demand There ~
scarcely my demand for dclainc woods
and buyers make very few Offers for sup
plies, such as dealers do not yet feel like
accepting Texas wool IL arriving quite
freely ~ different centers Of distribution,
but little has actually been sold. AZ Snn
Antonio 100000 pounds we're reported
10 have arrived, but sales arc light, In oil
only go hays last week, ranging from
l2Gg20c, the former being for straight
nofino. Bales are reported IN other
parts o. tho state 40 2lc. year ago the
prices IN Texas were li0ol6c for six
months wool and l60lBc for twelve
months. These prices were about ! cent
below those ruling the previous year.
Some few weeks ago We stated that some
ngw wool IN Texas was held Mt 2sc We
made no comment for II did not so0m 10
merit any, but the ilrst thing we noticed
was that snlca were reported 90 have !
been made In Texas ut 25c, which was a
horse Of another color, 40 TO speak
A local paper hare anysi "Wo can as.
sure our many hundreds OF readers In
Texas that there has been no combination
here 10 operate In Texas or bear The mar
kot there except n strong combination of |
This competition be. |
tween dealers IN thla and other markets
In always keen whore there N money TO
be made, but tho business outlook IL
blue and di5couraglng, and dealefg can.
not buy with any courage In the iAoo OF
the depression here. ~ 10 whether this
depression will break up and be sue
ccnded this year by good business We do
not pretend To say, There Is surely good
ground for grave doubts Of IL, much as
we all want good times. In reviewing
the condition and trade correctly, wo can.
not write what we wish 10 take place,
but what facts point TO as To the present
condition and probable outlook. Wol
should Ike much 10 have our Texas
friends obtain 20 cents for their woods, |
Tor II would be good sign OF better |
times ahead but they will not. There IL
nothing In thls market TO warrant any
such prlcoa.n
Tho selling prices OF Texas grades are
~ follows Texas spring medium, ~
months, 22@2ao, lsg20c Texas Spring
ilnc, nominal, lGm20c; Texas spring ane,
@ to months, lSCp20c, lbGclsci Texas
spring medium, o 10 months, i0G9lbc, |
lC@lsci Texas fall tlno lb6el7c, lgGaiic
Texas fall medium l7Gflsr, ll0pl6c
Tho total receipts OF wool nj this port |
during the past week comprise 0Ol bales
domestic and Az bales foreign. The
snloa for tho week comprise Si8 800 |
pounds OF domestic ilecco and pulled, aud
10000 pounda OF foreign.
Among the moro noticeable sales have
been the following 900 fleece, B0aago,
1000 Michigan \, Use; 10000 fan Texas,
lb@ l7o, 5000 unwashod aud unmorchant.
able, priyatci $4,000 pulled, qs0e97o,
5000 main anpertnc, private, 1000 foreign
carpet, private 1000 Australian, a2I0e8Gc,
20, 600 Australian, IN bond, zoe; 80 900
private
Tho total amount Of sales Ol various
grades and descriptions ara aH follows.