Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1886-12-16
ON CHANGE.
spot Cotton Fractions and Futures
from One to Fourteen Points Low
er--Money Market Rasy,
FORT WORTH MARKErs--DAlLx nm.
WIEN
orFicR OF THE GAyrrrs, !
foRr WORTH. Tx. Dec, rs. tsSG,

fohf WORTH. Tx. Dec 10, 1856.
The condition OF trade to-day was gen.
orally satisfactory, with activity greater
than usual in retail lines.
The advance in coffee seems to have
been too great, aud the cent gained yes-
terday was lost to-day, but may no on
again tomorrow. The general tendency
OF the market is upward
THE STATE OF TRADE,
Special kilograms TO Bradstreets, as
was to be expected, report no special i'm.
provement in the condition of general
trade. The feature OF the week, consid-
ering the country at large, has been the
Increased activity In retail lines, owing to
the approach OF the holiday season. The
movement OF general merchandise
has been OF fair proportions, and
satisfaction with the situation and
the outlook is expressed by prom.
inent producers and handlers OF staple
goods. Mercantile collections have i'm
proved somewhat, and the demand for
funds from the country has declined.
Milwaukee now reports only light
interior request, while at Kansas City
Eastern exchange has game to par for the
first time within six months Money is
sill going to the country at st. Louis and
Chicago, but at Louisville New York funds
are at par. The check to speculative activ-
Ivy and 10 the widespread bull movement
IN various staples Is in part reflected by
the total bank clearings ct thirty two
cities, as specially telegraghed 70 Brad
streets The aggregate ia 81 1886, 720, Il SO,
or S4S, 100000 less than last week, aud
Sl77, 600 more than in the second
week in December, 1885, changes OF
4 and II l2 per cent, respectively. New
York city's clesrings are S20,-
100000 smaller in the week, Pnila-
delpnia's $4,000 900 less, and Boston
neatly as much. Leading Western cities
show moderate gains agai ST last week
Returns OF gross earnings OF forty-two
railways duriug November aggregate
$50, 900 900, against SIS $50, coo Ia 1856
aud Sl7,000,0 900 in November, 1884
For eleven months the totals are $lSS,
100000 10 1886, Sl7s,000,0 900 In 1885,
aud Sl69, 100000 IN 1884, gam
OF neariy 8 per cent over 1885 ana
ever 10 per cent. over 1884. The New
York stock market is feverish and rregu-
lar, and, while showing strong under
current, has been forced down by the
stringency Of money. The approaching
January disbursements tend to curtail
loans, and fancy and non-divided stock
as collateral are in many instances re-.
fused. Money on call loans is irregular,
loans on flrst.class collateral rang
ing from TO per cent, white
mixed aud Clancy collateral loans
have ranged from 10 to 3 per cent. The
transactions of the exchange for the we,
are 3,Il5,340 shares, agaii st 3,sss, 1856
shares last week, and $3.50, $50 shares in
4 ma "a vi mn Al
SOL ,40l shares in 1884. b md were active
and irregular. Transactions amounted
to par value OF $l2,Gl0,500, against
Sl4, 100000 In the preceding
week. Foreign exchange has been
quite weak, particularly in cont.
Mental bills, and gold from the continent
continues 10 come in small quantities.
Aside from the reaction in railway snares,
wheat and petroleum speculative prl, es,
and the advance In cotton, the most con-
spicuuus feature OF the week is the
increased strength OF pig iron at tide
water points. Next years prices will be
announced on Monday 1t is asserted,
by those assuming TO know, that $40 for
NJ. Y and $40 for No. 2 X will
be near the rates. A very active market
is expected next week, aud higher prices
xt year are confidently predicted The
drop in petroleum certificates is l2C. per
barrel to 6s4c, yesterday, and is not ex-
planned ex, ept by the avalanche of sales
and Withdrawal OF support. Spot cotton
is 5-l6c. aud futures are lie. higher
on the week, owing TO strong
foreign advices, lower crop estimates
and TeneN ed speculative buying. Bnsi-
ness in futures is heavy. Brans reefs
cotton report announces an indicated
Yield of 6,555,0 against 6,575,000 bales
last year, decline OF 80 per cent. Wheat
is less buoyant on decreased export
demand and renewed selling. Coffee
is nearly lc higher on tie week,
with stronger statistical position,
an advance regarded as somewhat
excessive. The total failures in the
United States reported to Bradsueets
this week is 209, ag,inst 2Ss lsst week,
224 last year. 3l6 in 1884 aid 249 In 1883.
From January to date the total 1t 1909,
against 10 ,47+ IN 1885 "a oeclIur oi Sb6),
as compare with 1895 in 1884 q ue-
cline OF 1869, and against 1891 IA 1888, a
gain OF 2lS-T Bradstreets,