Fort Worth weekly gazette. [volume] (Fort Worth, Tex.) 1882-1891, 1888-06-29
REVIEW OF TRADE.
Z. &C. Dun & Co.'S Weekly Summary OF
the Condition Of Trade and Crop
Prospects.
With Last Year, AVID what IL Indi-
CsIeE-Chp Grains.

The Movem ept OF Steel Rails rs Compare
With Lost Year, AVID what IL Indi-
osteE-Che Grains.
NEW YORK, June PR. G. Dun &
Co. g review OF trade for the week end
iug June % says: 1.-THE country is wait
ing and the inaction in tr4de closely re-
sembles midsummer dullness. The
sLxrety about crops has II great measure
sbated. FiDarcisl uncertainties have but
little present infuerce because narrow.
lrs industrial a7d commercial demands
lesves large accumulation Of unemployed
c4oitaI a. Ire financial conte7s.
The pc!itiCsl uncertainty eGgrOsses St
tenticE. TGere is Hltle prospeCI t7at
it will diminish uGtil the bs.io:s have
bsen counted in y .vsmOGT. 4 volume C
business still continues which would
have been called ISrge few vesrs sg1,
%. falls more tau 10 par Cc1t. lowe
than last year Tae IOgest reports OF
txchange show decrease Of II per cent.
IA the aggregate il COmTSrlsJu with last
yeSr, snd : decrease CT Il e. cent outside
Of New York, with twenty three out q
thirty eight cities reporting 9 shrinkage.
At s.. Louis, Kansas CitT srd nv o.
lesus there sTe gIIns, cu. s. P1ilstJlUIis
: decrease Of 10 per cent, at Cl-ciGns.i 81
| {, s. Cnlcsg0 Of = a Boston Of Is aGd
New Ylrs - per cert.
The shr,Lksge in the volume OF bust
ness IS CC0mpanied b. deCiiCe ut tee
price of CoDmJjittGs EeCeTS.v, aId ~
advance IN The price OF securities. Gcsin
goes down snd s,ccss So up with some
reason when the crop pros.
pscts ere decidedly improved, Nnt
the tsyJ-s5je weather OF Isle has
charged northwestern CXpCc ati0rs ne
te-ially. Wlest, CJrn aad os.s have e'ch
decGled about - cents duriIg tie past
week without me hesvy traol2g which
would marx the downward tendency e.
m,i9lyS speculative in character. Lard
na9 fsiIea 80 cents per 100 p-puts with
nc change IL nvSs. Oh Eas tICIuCt
cents, Cuh-e cea,, hu, COTTON Is three
eiXteeutns stronger. The present demand
ass no mere lEh1eIce than the pros
pect!ye yield. Inc general average
Of prices has declined during the
week about three-tourths Of l per cent.
r ports from interior points are uni
iormlY favorable N t1ue lad prospects
ore considered cAeeriug, though st most
points present trsEssCLlons are Increasing
IN volume.
Money is in rather shsrp demsnd SUD
complaints OF slowness III collections are
much less numerous this week. Coed
crops give confidence as TO tAe future,
even waere inactivity is nov most
notable. In more important branches Of
trade no great chang Is seen. Cotton
goods are unsteady, out there is mod
crate demand. Print cloths are stronger
a. cents for CAS-, but transactions in
mems or women's wooden goods are med
crate with prices ruling below last years
where foreign competition is felt. The
wool market hslts because holders Cfer
Lew wool spsringl7 atpresent quotations,
having fsith IN better prices after the feSE
OF q clsnge Z; the tariff hiss passed.
l; is thought there is some improve
ment Ii the OoCt aud shoe trade and tle
movement Is fsirly good.
JUS. now the bond business has to be
considered il connection win he reCGn.
Improvement II demand for Securities.
The stock msIke. haa aCv1pCed sbou.
81 % per share, cut Win iadiCsti01s tnaE
the pTeVsi!iDg speculative influence
promises only 4 temporary advance
More significant is the eGla:gipg demand
for investment securities and particularly
for bonds Of now roads Ard yet this de-
manG is known to sppesr fer 7 time
whenever inactivity c1ecss the employ
ment of money in trala or industry.
Rail IaSes prevailing are low snd tend
lower. Competition u water routes Is
severe Snd the average lake rate for May,
2 l cents per bushel, is the lowest en- re-
core excep: in ore year, while the aver
age canal rate, cents, is the Lowest on
record, while Ut ole t.me grain Wss taaen
for q cents, the lowest rate yet known
from BufTzIo to New York.
Tle theory tast railroad building is
large this year is met by the stubborn
fact inst the sales OF rails TO
June l have been only SIS 600
tons 8gsiust 1,6I4 $40 last yesr to date
and shipments only ASH tens sgst 81
747, 18l last year. decreasing Elk sty &C
sell pig HOE is noted. rne best furnaces
hsve been bGuKed aud Pennsylvania SteeI
Works will close for repairs in July.
In wood the current prices are, too
many work., unremuneTative.
The cutGo of gold has not been large
End has been more than net By the treas
Urer's disbursements On purchase Of
boQds and otherwise. which have eX-
Ceeded receipts by 5 100000 for the week.
Nevertheless foreign trate Continues il
SUCH shape this soid must 60 abroad
largely, unless the outside movement Of
securities continue unchecked.
In three weeks the exports from New |
YORK have fallen 81 per cent. below last
JeaG, while there nGs been sn Increase
here in imports Of per cent, cnd money |
everywhere is IN abundant supply, and il
will DOUBTLESS be the policy Of the treas
uTy 10 prevent any stringency, but unless |
business becomes much wore active little !
effort to that end Will De needed e. n; /.
mel t two months.
Bless pc Lord.
Is what the grstsfu hsar: OF old Cynthia Ram