Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1888-10-13
UN CHANGE.
Wkess Fiuc'usled VieIen.Fy-A De.
ci:na for All Kentbs-Ltvs stock
Grsnsscnens Wars Brick.
spot Cotton Unchanged, Pu ures From
Ito Po,uts Lowsr-Coffse and
WoUi Unchanged.
Daily KovisW.
9lzxTT1 OIYYSH,

| 9AzxTTz OIYISE.
EoRF WORTH. TEX. Oct II. 1858.
There has been no change in the copdi
tons of trsde on the Fort Worth marke,
since yesterday.
Cotton shows symptoms OF declining,
for though the range of prices to day has
not varied materially from that of yes
terdsY, the average Of values has been 3
few points lower. II seems probable
quotations will decline to the old mark
of last year.
Wheat holds It's own, with moderate
receipts.
Itappetrs the farmers in the country
surrounding Fort Worth ara somewhat
| behind with their fall farm work, not on
| account of any seasonal disadvantage,
however, but because their crops of mil
let and sugarcane and other late pro-
ducts have been 80 hesvy they have rot
! been able to make them as eaIly as in
ordinary seasons, thus making Them late
With other WORK.
Severst important changes are given to-
CAV in the general market quotations.
Cheese is up.
Fish have advanced.
IIe demand for grain sscks Is almost
nil, and prices though arSiog q little
higher than through tie summer are very
vacillstipg.
Flour IL marked up.
The yield Of tea IL India averages abou.
3I5 pounds per acre.
Samples of the new electric process of
sugar are on exhibition at the louisiana
Sugar Exchange at New Orleans. The
samples are white enough, but do not re-
semble the product of the usual system
of re lnlng by melting and oleschiKg over
bone blsek. The "electric" process claims
to be dry process throughout. dispsns.
ing altogether with boiling and the use Of
bone black. No syrup whatever Ii pro-
duced, but the whole product is hard
sugar Of nearly If not quite absolute
purity, namely, 100 per cent. cane sugar,
as per analysis. Rsw sugar of the lowest
grade can be converted as easily as the
highest gr=de, and whether per cent OF
the whole s.cchsrIne mstter, whether
cane or "lnvert," and all at a minimum
cost of Re flDing.
| Il Is one of the msxims Of Wall street
tina. high prices for grain correspond
with and are necessarily followed by low
values for railroad shares.
There are good reasons for belief that
the remaining unsettled shcr age In wheat
exceeds 900. 600 bushels. Two or three
OF the largest houses on the Chicago
board are seriously involved in it, and
altogether nc lese than twenty firms are
trembling on the brink Of s chasm thst
will swallow them unless Hutch" agrees
to accept considerably less than tia price
he fixed the last day of the deal.
Wall Street Daily News: The faancial
situation is, to speak plainly, one Of more
than ordinary uncertainty. Money has not
been so easy through tbs month OF Sap
tembez in several year,, and the bsIks
have not passed through tie quarterly
statement in the fall of the Y. or with 30
little disturbance of loans. II this WAS
the result CT natural conditions we should
have ell the foundation necessary for q
strong upward movement In stocks, but
the condition is purely artificial, snd the
sole lubricant which has enabled the
wheels OF trade and speculation to re.
volve so smoothly has been furnished by
the scre.ery Of the Treasury. While the
price Of English consols hes been steadily
declining on account CT the growth OF
speculation and the activity OF money In
Europe the prices Of government bonds
have been sustsined ct the highest
figures, owing to the large purchases by
the Secretary Of the Treasury. The
treasury has purchased ST these high
prices at the rste of more than million
q day. and although the Treasury has
paid out over $50, 0O0, 900 in redemption
OF bonds, the banks have los. in surplus
! reserve and for the first week Of the rev
quarter, in spite OF the large payments
for interest, the banks s1cw heSvy
falling eff in the surplus reserve. With
an embargo plsced upon the export OF
bresdstufs by the sudden sdva7ce in tbs
west, and the growing conviction that
our surplus for export will be very
small, it IS no. pleasant to contemplate
how gres. would have been the s,rin-
eency in the money market Inevitable bu:
for the relief Afforded by the treasury.