Fort Worth weekly gazette. [volume] (Fort Worth, Tex.) 1882-1891, 1888-10-12
REVIEW OF TRADE.
The Gress Feature Of Last Week Has
Been tha Big Speculation
u Wnssf.
che Bank CieaI!23s OF the country Show
Gains-Ths Market for RaiIs-The
Failures for tho Week.

NEW YORK, Oct. 5.-R. G. Dun Sc
Co.'S Weekly Review Ct Trade:
The great wheat speculation has been
the absorbing iesture this week, for
though the corner came to sn end with
heavy losses for the sellers it lief. the
market in such q stste tbs. much higher
prices FOR other options were easily OBJ
tanned. With December whe1t at 81 is
st Chicago there came heavy selling and
sharp reactions. But the state CT the
market is still sgainsG sll reason. Cash
wheat sells for more ct Chicago than at
Liverpool, and at one time IL would have
psid 10 ship wheat back from
Antwerp to New York. A: New York
the ISLES CT wheat amounted to los 1884,
600 bushels, mere tnsn Inree times the
entire visible supply, and prices closed
IS; higher than week ago.
Corn sdysuced 2; with sales of $4,000
bushels. A special speculative fever wss
felt in other markets, and pork rose 81
per barrel; lard $50, and hogs 25c per 100
pounds.
Cofee rose 1c, with sales Of $4,000
bags, sud oil nearly l., with sales Of
6,73S, 900 barrell. In cottJn there was a
slight decline CT Al eighth, with sales of
500, eco bales. Tee wool market
has been steadily Strengthening
with advances mainly in Ohio seeces and
combing wool, but the sversge o.
quslities is hardly /; higher chan Septem
ber l.
Reports from interior points sre uni
formly favorable outside o. the influence
OF yellow fever at the south. At Nash
lu,lI bar Har hi
strirgency has resulted from the inter-
fensive measure CT the banks, but
the situation Is materially i'm
proving. At many western points
the tenor Of reports is generally encour-
sging. There is complaint as to coliec-
lions. Money is increasing in demand
and the volume OF business ellsrgipg.
Outside of New York the bark c.earipgs
show gain OF l5 per cent. over LIST
year, with gain of 10 8 per cent. here,
out they nre greatly swelled OF specula-
ton al Chicago and other points.
| The demand for iron Increases, snd AZ
Philadelphia the advance IN pig IRON Is
deemed equal to about 81 per
ton. While remarkable improvement. IL
seen in the market for bar iron
80 lorg de pressed, steel rails do not &C
vance, but tire sale of Is, 900 tons by
eastern and 90. 600 tons by western mills
sre reported.
In the boot snd shoe trade reports are
growing more satisfactory.
The stock market hgs witnessed much
settling and some reaction, spd yet the
average CT prices Is shade higher than q
week sgo. The advance Of the Bank Ct
England rate TO per cent. and the ad-
vance by the Bank Of France to
141 per cent. lead to some
liquidation CT foreign accounts
in American securities. Foreign trade
does not materially change. the Treas
urY pours Out money, having disbursed
during during the past week SIS, SEQ, 600
more than 1t nes taken In.
The number Of failures is large. The
amount OF lis oilities for the third quarter
Ipf4he yesr shows great decrease, from
"a, C22. SO last year TO s22.114,254 for
4 shsS quarter i1s,s ended. The failures
,lths week nuahsr 21l. as compared
with 220 last week and 22S the week pre-
4 vious. For the corresponding week Of
4 LIST year the figures wexs PIP.