Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1888-12-13
ON CHANGE.
Spot Cotton Unehanged-Futures Were
Generally One Point Higher.
Wheat Opened Strong, Fluctuated Widely and
Closed ut an Advance-COffee and
Wool Unchanged.

OFFICE OF THE GAZETTE,
Fort WORTH, TEX, Dec. Il. 1888.

DslIy REVIEW.
OFFICE OF THE GAZETTE,
FORT WORTH, Tex, Dec. Il. 1888. !
There has been no change III the conGi-
lions of trade on this market to-day; nor
III the past week has there been any i'm
portant feature to characterize dealings
A decline of a few points in cotton yes
terday, which has not been affected to-
day, has been the only change
in quotations for the seven days
ending to-day. The receipts of
bad weather ana roads, but the average
each day has not been small. OF course
not half the cotton in the surrounding
country has been placed on the market
yet, so definite estimates on the crop
cannot yet be made, but growers are free
TO assert that the damage by late storms
has not been So great as was feared, and
the late pickings, though slightly off in
quality, are by no means of a door
grade.
The receipts of grain for the week have
not been heavy, marketing having been
obstructed by the same causes which op-
Grated against the bringing in of cotton
change.
Poultry has gone up within week,
but quotations now are firm
Dealers in general merchandise say the
prices recently made on eoffees, sugars
and hog products appear firm now.
Shipments from New York last week to
British markets consists of 500 cattle,
1880 quarters of beef and 23S sheep.
The exports from Ireland to Great
Britain for the week ending the Sd of
November consists of % 1852 cattle and
SQSl sheep.
There has been an increase of 6l24 in
the number of postoffices in the United
States the past fiscal year-an index of
the progress OF the population and devel-
cpment Of the country. The total num-
Der of pOstotfices now is 81 1916.
Says the Chicago Journal: A man
came in last week with load of common
steers that looked cheap when he started
from home, but looked cheaper when
sold out and secured his ''account sale, -
as he had just 80 cents profit, remarking
as he folded the bill that he "'wouldn It
buy the old woman new silk dress
From Minneapolis comes goodly grist
of wheat news. Inquiry among elevator
men and millers developed the fact that
country reserves were about 6 900 200
bushels, as against 20 900 900 bushels
year ago, and that half of the reserves
was of poor quality. About GOO ears
were rejected out of 900 received as being
away below the contract grades.
The largest shipment of freight ever
forwarded to the west at one time, to one
consignee, left New York on the 18th
inst. composed of two special trains, one
of twenty-three cars loaded solid with
dry goods, consigned to new firm in
Tacoma, Washington Territory, and the
other train of sixteen cars loaded with
coffee. They are expected to make the
trip in twenty days. The shipment is
valued at 5000 200.
The amount of tobacco grown in Ger
many of late years has been considerable
The effect upon American trade has been
felt to some extent. The German pro-
duction in l8SG-S7 was 81 1887 200 pounds,
while the average production for fifteen
years has been SO, 1854 900 pounds annu-
ally. Poor crop conditions in lSS6-S7
caused a falling off in production. The
Western Tobacco Journal says that to
the great body of American trade it is
revelation that so much tobacco is grown
i'll Germany, and will explain the dull
ness in late years in the German export
business.
The following is clipped from the New
York Financial Chronicle: ''ToO little is
really known of the supplies that Russia
can furnish. 1t appears to be certain
that everything is being done to hasten
forward exports from Russia. Whether
this is due TO fear that winter may in
terrupt navigation to the Black sea when
the Baltic ports are closed by ice, or
whether there is desire to influence pub
lie opinion by running up the value of the
rouble, or whether, finally, there are po-
litical or financial fears at work, there is
a suspicion that the present rate of export
cannot be maintained. Of course it
is TO be recollected that the Russian
peasants have long been in financial diff
ficulties, and it is natural therefore that
they should take advantage of good
prices to hurry their crops to market. But
the fact remains, nevertheless, that
there is 4 suspicion that something more
is at work. It is noteworthy that while
the exports of Russia are not so large,
and the finance minister is initiating the
currency on the ground of the magnitude
and prosperity of trade, numerous fail
ures are reported at St. Petersburg and
elsewhere. -