Fort Worth weekly gazette. [volume] (Fort Worth, Tex.) 1882-1891, 1888-01-20
REVIEW OF TRADE.
TIE New TeBr "Opens W,ih Less Em-
bsrrassmani from Avs JaRsa Than
NRs TthsHdsd.
Attitude of Cotton SpinHsrs has she Ess Ct
OF Hastsning Purchases and Stiden-
ing Prices OF Cotton.

NEW YORK, Jan. 13.-R- G Dun { Co.,
in their weekly review of trade, say
With perhaps little more than usual
dullness for the first hal} Of January,
business still progresses without . none
tary pressure OF unususl embarrassment
frcm the failure of c elections 10 any part
Of the country. While failures st some
points are numerous, the aggregate Is
less than for the corresponding week last
year, and complaint of collections
is much less frequent than
month ego. Within thirty or sixty
days payments OF ikrSe face purchases
Will be required and some Increase III
failures would not De surprising, for the
shrinkage in business toward the end OF
last year indicated that there had been
Over-cOnfltent buying in some depart
ments But the new year opens with less
embarrassment from that or other cause
than was reasonably unprecedented.
Speculative markets are generally dull,
which is not bad symptom for legiti-
mste business. Industries are somewhat
disturbed by strikes and by legislative or
business uncertainties. The shCrtness
of supplies and high prices disturb manu-
l-CtUISAS IAlNIy pClAiSS sut 10 may
prove unfortunate for northern Iron
now led by g temporary stoPpagc
Of some furnaces 10 hold prices firmly
when southern makers aIe making con-
tracts for SIG for mill iron. IL rails there
il no change. Sales of bar st 81 80 at
Philadelphia shows weakness, while tie
n3iI market is stiff at 81 05.
THa INN ItYaT Il-CsnnrirU ~ CNfFns1 m
ui8cture with 4air prices aud we'll sus-
TENED demand hiss led the demand for
higher wages fOT spicners watch threaten
: serious strike. A. present tue effect is
70 hasten purchases snd stiften prices.
THE WOOL BUSINESS
shows no definite iisDTOvement but II is
encouraging 20 tlDd that, though last
yssr's work WAS mos. unsatisfactory, the
production is estimated a. some Of the
chief conttrs only 10 pr cent. less thsL
inst OF 1886. with decline Of 10 TO 10 per
cent. during the year il the average prices.
Other industries are progressing salts
factorily, and II lead the production q
1890 tons. and IN copper the produC-
ton CT lS2. coo, 900 pounds, surpass OIL
previous records.
Reports from the interior present fewer
Gestures Of interest tlSn UsG<l, trade
being everywhere quie. or dull as usual
at this season, money being generally
essier with some tendency 20 slringency
ST ST. Paul. Figures indicate that
the return Of foreign capital from this
country has been considerable during the
past six weeks, and though prices IN the
stock market 90 not decline movements
indicate that foreign Investments are nos
lust now increasing.
BredstuE5 have declined little corn,
l per cent. Pork snd lard are also little
| lower. Coffee is lover, with specQIa-
tive rescticn, and Gotten with sales OF
! 859. 900 bales. Oilhss risen PC. Dairy
productslsre higher and so are potatoes
with very heaVy importatiens.
The business failures during the last
seven days number, for the United States
258. and for Canada, 50; Or totsl Of 283,
IS against 279 last week, and 323 for the
corresponding week ~ 1887,