Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1888-12-29
TRADE SITUATION.
The Year 1858 Closes With General Con-
tidence in all Industries.
The Railroad Traffic During the Past Week the
Largest Ever Reported-A Momentary
Pressure Noticed.

NEW YORK, Dec. 2S.-R. G. Dun &
Co.'S weekly review of trade: Trade dur
ing the past week has been undisturbed
by the momentary 'pressure often ex-
perienced near the end of the year, and
upon the whole improved
The long foreshadowed break in wheat
speculation came, but there has been
some recovery. The Sales here have
been but IL 600 900. bushels for the
week, and it is still uncertain whether
prices have declined enough to permit
the marketing OF the large surplus the
country has on hand. Enormous crops
in Russia and the Danubian states, with
lower freights, keep European prices
lower, and the constant unloading by
operators throughout Europe who bought
heavily when crop scarcity prevailed.
Corn closed lie lower. -, 80.
Oats Ne lower.
Pork 25c per barrel lower.
While hogs rose 25c per lee pounds
Cotton was steady, with sales for the
week of $40 900 bales, and coffee I'M
changed, with 2O4 900 bags sold.
A break in oil dropped the price y1$e,
H4ANN IVA SAiSO Nt-IiLICNt 1OC per IUU cal
Ions.
n momentary pressure now forces
liquidation throughout the country, while
the markets are amply supplied. A slight
cloSeness is noted at 81. Paul, and fail
ureS i'll excess at Memphis
The treasury is still putting out more
money than it takes in, ST. 600 600 dur
ing the past week and the outgo of gold
has ceased for the present, though bank
rates at London remain 5per cent. while
money on call is quoted III New York at
AZ per cent.
Merchandise exports improve from New
York for December, exceeding last years
by per cent. The excess of exports
over imports for November reached S22 =
$40 1894 merchandise, and So, AIS, 415
gold.
Trada accounts from the interior are
generally satisfactory. The iron, steel
and goal trades at Pittsburg are dull.
Cold weather at Omaha and snow in Wis
consin have improved the situation At
Philadelphia the trade is perpleXed and
uncertain. Steel blooms are unsettled
and low, but rails and manufactured
iron are better
Copper and tin are unchanged. The
syndicate has been obliged to increase its
holdings of copper by several thousand
tons, and the stock is now supposed to be
100 900 tons in Europe and 80, 900 here,
held at S45 200 goo or more.
Reports of railroad traffic show the
eaSt-bouud shipments last week were
III 900 tons, the largest ever reported,
against 81 900 tons for the corresponding
week last year. The earnings continue
good.
The curse of stocks during the past
week has been decidly favorable to hol-
ders, especially in few of the more
active shares and the general average of
of prices about 81 per share higher
than at the opening of the year.
Prices of commodities on the other hand
still tend downward, having declined
about / = per cent. in December, and
about So per cent. since January
The year closes with Il general conf
dence rather greater indeed than the
present state of prices and rate of con-
in some of the most important
industries warrants.
The failures number 1893 against 80
last week and 303 the.week previous for
the corresponding week of last year, the
figures were 2GS.