Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1888-06-09
RTSINESS OUTLOOK.
MN 4 Coz Weekly RtYieW OF Trade.
A Better Feeling in Busi.
mess Circles.
,h. Average Report as to the Condition
ana Acreage Of Ootton-rhe wheat
Crop Observation-Disclosures.

yEw YORK, une 8.-R. G. Dun & Co.
3, their weekly review Of trade, say:
There is better feeling il business
.;-cIes. and in some quarters actual i'm
.royement in sales, though on the whole
10 transactions do not equsl those OF 8
r.r ago. The better feeling Is due il
a,r, to more sessonable weather, in part
,I.o TO & sroviI 9 impression that no dis
.rrbIng changes IN the tariff are likely
n axe place this yesr, but more largely
- the Improvement IL crop prospects.
me outlook as 10 cereals improves stead
70 so that there is now reason 10 hope
~ . lsrGe yield OF all grain except wheat.
me annual report IS to the acreage snd
:11d,t!on Of cotton by the Financial
chronicle indicates 81 increase Of per
ont. IN acreage, with the condition on
me whole rather more favorable than &
s.,r AGO. The Atlantic states and Texas
,npesr rather less promising, out IN The
VissisgIppi valley al accounts agree that
ne prospect is better than at this time
,:,year. Another encouraging feature
=. the Increase Of the OUTPUT OF pig-iron
mich Is rot large, but ANY increase
uTEltNGi WILL kuC ~ " HG1S-J NV R-N
,,iliug is significant. The mAEKet fox
see, rAis shows no chsrges ard while
ais q bar lron IS q little larger, prices
10 not strengthen.
THE GRAIN MARKET
4, declined, wheat q cent; core, %;
md oats } while lard IS . quarter higher
nd pork Is unchanged. Improved crop
r,ospects, bota In the Mississippi valley
nd the Pacific states 81 present outweigh
me moderate Increase in purchases OF
s1est for export. Corn and sugar are
Unchanged in price sld coffee hAs yielded
quarter
DAIRY PRODUCTS
1--we recovered little from the depIes-
son Of last week, ou: oil hSs declined IL.
The views OF holders and bidders are so
81 spsrt as to new wool tina. prices are
,Jdly settled, but such quotations IS
appear indicate lower average. The
general range OF prices Of commodities is
.90ut half of l per cent. lower than 8
week sgo.
In the stock msrket small recovery
n prCes mas occurred, but dullness pre-
7s.ls. Good reports Of earnings are bsl.
,nced By increasing rivalry between lake
ind raj routes and trunk lines.
Tie absorption Of large amounts
Of bonds recently offered prevents
SIT advance in foreign exchange snd puts
nite spprehensions OF specie exports.
But the merchandise movement indicates
,hssyy balance payable abroad, either by
specie or securities. The treasury mas
1ken in 81, 800, 600 more cash than it has
gsd out, getting scarcely any bonds, But
ne local market is glutted with money
Interior reports, with scarcely any ex'
tepdon, show money abundant aud bust
less quiet or moderate, with collections
10. entirely satisfied. Yet the whole
!5pG-ts disclose more hopeful tone,
viii ctter weather and with better croE
prospects.
THE BUSINESS FAILURES
during the last seven dSys number for the
United States 2O7 and for Canada 2S, or {
;QA. OF 2G5, as compared with a tota! OF
aj LAST week snd 10 for the correspond
u week OF 1857. Business casualties
g1tle Pac tic coast are exceptionally nu'
1eIOus still, there being no less than y
is.luTes reported there during the week,
which is far above the average.