Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1886-12-09

OPTICS or TnE GAZETTE,
FORT WORTH. TEX. Dec. s. 1855.
The volume OF trade is growing con |
stantly, and was heavy to-day. Eggs are
still In big demand. Batter is firm. Cot !
ton strong at the advance. Cabbage,
potatoes, onions End apples have an up
ward tendency.
THE STATE or TRADK.
Special kilograms 70 Bradstreet's point
to moderate gains in the movement OF
general merchandise from Boston, New
York, Baltimore, Detroit, Milwaukee, ST
Paul, Minneapolis, New Orleans and san
Francisco. Except In so far as this is due
to increased hreadstuff and other exports
from the Atlantic seaports, the gain is
due to a stimulated retail demand for
dry goods, groceries and notions, owing
to cold weather, and to the approach OF
the holiday season. There is no material
change at Philadelphia, Pittsburgh, Cleve.
land, louisville, Chicago, st. Louis and
Kansas City. At most points d wide
spread confidence is reported in the flu
ture OF general trade, Notwithstanding a
noticeable checka to the movement of
goods from first hands in textile and
other lines
Total bank clearings this week at thirty
two cities, specially wired to Brad
streets, show the unprecedented increase
of S262 100000 over last week, the total
being 3l,26S, 746,793 against 81 ,006 ,006,-
4 sos week ago and 81 ,097, 245,6 500 for the
week ending one year ago. Here is an
increase of 2G per cent. over last week
and l6 per cent. over the like week last
year. The weeks gain at New
York alone is 1874, 100000, or
about 2G per cent, due very
largely to the heavy speculative transac-
lions in railway shares and bonds, petro-
leum and produce exchange dealings. In
creased exports also had some Influence
Philadelphia's increase Of SO per cent
was owing to the heavy gain in volume OF
railway-share speculation, noticeably In
Reading stock Boston's gain Of II
per cent was caused to some ex
tent by like Influences, but that oil
so per cent. at San Francisco
must be explained by the outbreak OF a
mining stock speculative fever, and thai
of 40 per cent. at Chicago largely TO In
creased grain, provisions and railway
share speculation. Domestic money mar
kets are easier, In few instances, since
the first OF the month. Mercantile col
lections ct the West and Northwest are
slow, owing to continued disposition or
, the part of the farmer to hold back hit
] produce for higher prices.
The New York stock market this week
has been the scene of wild speculation
in Reading, which made a considerable
advance on somewhat indefinite prospects,
that the reorganization plan will be :av
orable to the stock. Manipulation on tn,
largest scale seems to be at the bottom
of 1t. This gave u decided upward i'm
petus to the market, the 'Iancies" be
ing prominent in the trading
While the excitement was a
it's height, realization selling
for foreign account set in, and was &C
companied by O bear raid, under whlcl
prices had e sharp reaction. AT the SANE
time the changing of loans usual at tn
beginning of month, caused some DIM
Guilty 10 carrying large lines OF the fame
aud speculative stocks, and for the latte
part of the week the market has been dul
and feverish. A heated speculation i
also In progress IN mining shares. TIL
weeks transactions aggregated 1855, 49,
shares, against 2,595,l70 shares
the preceding week, l,9O6,S2
shares for the corresponding week o
1886, and l,722,306 in 1884. Readin
contributed about ,070, 900 shares TO thi
weeks total and 609, 900 shares to that @
the preceding week, or altogether abou
double the share capital of the compan
in the two weeks, Bonds are firm an
advancing in anticipation of large dc
mand for investment after January
The transactions were 9l4,l30,000 !
value, against $40, ia 200 last week, an
Sl4, 800 the preceding week.
No. / y pig iron retains its strength
In all probability leading makers wi
name the price for 1887 delivery mot owe
S20) during the next week. There az
pears to be no disposition TO encourage
boom At the West and South the pi
> iron market is quite active. Some South
ern furnaces have left the market OWN
to absence of stocks and heavy order
ahead. During this week wheat Oh
tions at Cnicego and New York have al
) vanced 4044c., and for spot 4c, pc
bushel on increasing exports and spect
lation and small stocks abroad. The II
newed strength Is quite pronounced, an
the opinion gains ground that permt
nent gain in wheat prices has nnally p'
= gun. Indian corn went l1c higher wit
small stocks and heavier demand, an
wheat -four with better inquiry for e0
port and reduced production has bee
marked up l5c per barrel. Dry goods q
- first hands remain dull and steady e,
ID cept giughams, which tend upward
u WonIens are only firm, Will
d prints are &c lower. Wool is affecte
in unfavorably by the London sales, whlc
are off 5(alO per cent. from previous au'
ton prices. The Louisiana sugar Gro
sis now estimated" at 10000 hogshead
= reduction from previous estimates
v There is more activity in hog products
.. Speculative markets are in sympathy VII
], the upward turn to grain prices and oV
al Ing to an increasing outside demand
- Pork has advanced 81 per pa
rel and western steam lard 4c pa
pound, on the week. On the who'll
the week is marked by a distinct II
crease Of speculative activity at all ceI
tiers.
The total number Of failures In Il
United States reported TO Bradstreet
this week is 23s, against 2O4 last wee
247 in the week one year ago, 296 Ia ls'
- and 246 in 1885 The total from Jarua'
Ia date is 1900 against 1929 In 1885
decline OF s5s), against l0,059 in 1884