Fort Worth weekly gazette. [volume] (Fort Worth, Tex.) 1882-1891, 1888-12-07
Wheat opened szenR, Fluctuited Narrowly
and CLOSED al an Aovsnee-Oofes
K and 8oei Unchanged.
Daily Review.
6kzHTTn o4zIUz,
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There has been active trading in all
lines on the Fort Worth market to da',
dealers combining in saying thst the lifs
displayed fer the presen. week is be.
coming more spperent as each day comes.
Inc demand for gods for country dis
tributors IL better than ever known, par
ucularly in staple lines.
The receipts Of cotton are heavy, and
prices have been advancing during the
days Of this week, till to day 8 25c was
psid In some instances.
There Is sn advance OF }; on co6ae ell
sruuRd.
It ia reported thst GOO, 600 pounds East
India wool, fity bales crUss- bred and fifty
'sles merino We're purchased at the
Liverpool sales By American manuiactur-
els.
Among the l;Tge purchases OF wool
hat have been made il Boston during the
cast few days, is that OF the Herklmer
Knitting Mills OF Herkimer, N. Y, who
bought about 222 900 bounds of secured
territory wool at 52@55c per pound, the
total purchase footing up about Sl20, 600
to Sl25 COO.
Reports frum ST. Louis are to the effect
that prices Of wool have advanced to
cents psr pound in the last month, ano
mat buyers STAND Iesdy TO take every
pound Il wool that the dealers are will
ing to sell at current rxtes. In the case
Of fleece woods holders look for still
higher rstee, snd 1t is reported that lsrge
quantities OF fsecss are held there in the
expectation Of such advance. TIE sales
I'm N in inh ri mn
pounds.
The Commercial Travellers Protective
Association, Ii lie understood, will ca
iesvor, by united effort with the various
chambers Of commerce and boards Il
rAde, to have the next congress amend
section % of the interstate commerce
lA1 go that 1t will provide for sn excep
ton ircm the operations Ct the act es isI
as Legitimate commercial travellers are
concerned.
"Mullnsll," Of the R2yal Society CT
London, In his "Bslsnce Sheet of the
World" says: 81. would be impossible
10 fl ID parallel 10 the progress of the
Unltsd States in the last ten years. E9eiP
day thxt The sun rises upon the American
people II sees sn addition Of 81, 900, 0C0 20
the accumulation OF weslth in the repuo
lie, which is equSl TO ore~tnird OF The
daily accumulation CT ell mankind out
SIDE Of the Ualted Safes.
Says Bradstreets of December i:
Well.susisined demand for wool is re =
ported from al the markets, Nth prices
very firm. While many of the larger
manufacturers bought enough material
several wesks ago to last them through
he greater part OF the coming season,
others held e, aad are now compelled 10
invest. Meanwhiless wool has risen
sharply, while wooden fabrics show NO
corresponding advance. This leaves the
smaller concerns 10 an embarrassing
position. The prevailing opinion is thar
spring goods are bound 70 sell higher,
out until an advance Is established man
ufAc,urers who take material at the pres.
emit quotations have no great margin 10
work On. The mile, as rule, are fully
employed, with diminished stocks If Wool
to Draw from hereafter.
Prices are higher in the foreign markets
as well as In this country. The Londcp
-ales this Wet show an ADVANCE of 1@
Id par pound. Since The close Of ne
lest sales competition has continued
spirited. TIE opening which Was an.
Douncsd for Tu5 sdsy. Was postponed q
day on account Cf oppos ton among the
dsslers to the new rule providing for
fsrthlng bids. l! was fealiy sgreed 10
accept them up to 81, instead Of l0d,
The attends Ice ofbuye1s ia large.