Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1888-10-27
STATE OF TRADE.
Trading i Hesltant srG the Hcney
Market Teuda Toward S'rfrgsEcy,
Experts and Imports.
Continued II q 1iTy tor American sfcuri
lies IN Europa Boom 10 stocks
looked fur Soon.
New YORK, Oct. %.

]: ] i ! 3.
"a AVS r G. Dun
a & Co.'S weekly
IN review OF trade ::
ES ~ u Outside Of New
AKA a IA York there WAS
EM S@H general in
lH1AI n crease in bank
sSs5AAE8S-31 clesrsnces over
"a 45H vs. 1887 Of about
81 &Y@E&SM ~ per cen. but
! /. !. J:
FL \M subst sIntlslly
sI~N NM the entire in
n AlSl crease OF 20 per
81 z j,YDt cent. st Bosten
IN SI Di msy be traced
I'm " to the usual
N ~ speculation in
stocks. Probs-
+ ~ bly, the gains OF
per cent. :. Philsdelphis and IL per
cent. at San Francisco are mainly Of the
same nature, and speculation in
| wheat and other products swells the
exchsDges at Chicago and St. Louis. At
New York, on the other hand, decrease
OF 10 per cent appears which the differ
cuce in speculative activity does not
fully explain. at all ports the imports
for the month OF September are Sl9 900
smsller thsn last year, while the exports
were $500. 600 smaller, 80 that the excess
Gf imports ever exports Ct merchandise
WIS., only So, 249 S24 Bat the prices Of
re.ds'ufs DO not So yield % to promise
| 3 !rae movement, ana the excess of In
ports over exports for the mast eight
months has beer more thar S9i 0C0,CC
The inquiry for -@od AnsI'cEn securities
has ret ceased n i .r9Qe. There is an
ad9a, CO in rails cvsr tie prices +
October, ranging from o-e-lhi Z
tor lower to Cuc hHli for higher classes,
trt e.s'GTn houId tn ffic is still in an
Unsatisfactory shape. Ire pu'chase Of
Gaorsis Csniral by the Richmond termin.
81 looks toward the continuance of con-
soiGation but the fact remains that *
peTees generally Increase more than the
earnings. Remarkable sctiviiy In the
stock market, one way or the other, Is
gaLeEs!ly expected soon after the cleo
ton. The collspse CT the lead combins-
ton and the failure CT the che. specula-
t>r has increased the distrust of other
speculative movements which disregarde1
legitimate consideration.
A slight advance in cotton and one half
celt In leather are the chief charges in
ether directors. The general level
OF al prices settles downward. Tee
iron market is lsgs firm though
still CT waiting sort, but there
are intim;t!ors tha. less than 1928 has
o2en 6cce pted for "a Is. The coal trade
also Slows signs Of weskenicg, while " G
/ usput for the last week reschsd 96S $40
tole and che accumulation OF stocks -eems
rapid. In Woolen and cotton manutact-
ures exchange Is notice, but although dry
goods irSnsac~085 sra c.lle d irregular,
symptoms OF q better demand are ri
ported. LES trade aCtivity is roted al
Pt!sburg. Q1iet trade and slo p colec-
li12s ct Manons and slower collections
* s: Pal, win csreflI scrutiny OF &C.
counts By ilbbtrs st Cieve-
l2ad Trading is hesitEGt sId
the money market tends tc1ards
string ency. Considerable liquidation ap-
peers az Atlanta, out the increasing cot
on receipts gave promise of greater
activity there ana at Me nphis.
The treasury continues to supply the
market literally with funds, having p.id
ont during the psst week ST, 10000 more
thsn 1t has taken, the excess being IN
silver certificates.
Business failures for the week lumber
254, ss against 8 total Ct 224 lag: week,
AID 227 the week Previous. For the cor
responding week Of las: year the figures
were PIG.