Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1888-10-06
REVIEW OF TRADE.
rhe Crest Feature Of LIST Week Hiss
Been !hs Big Speculation
IL Whesi,
The Bank Ciea7iazs OF the country Show
Gains-Ths II arset for K atis-The
Failures for tbs week.
NEW YORK, OFT. 5-R. G. Dun {

NEW YORK, O3t. 5-R. G. Dun &
Co.'S Weekly Review Of Trade:
The great wheat speculation has been
the absorbing feature this week, for
though the corner came to an END with
heavy losses for the sellers it left the
market in such q state ths. much higher
prices for other options were easily OBJ.
tanned. With December wheat at 81 Is
at Chicago there came heavy selling and
sharp reactions. But the state OF the
market is still against all reason. CASH
wheat sells for more at Chicago than 81
Liverpool, and 1t one time 1t would have
paid to ship whest back from
,rtWeTp to New YORK. A. New York
the ssles of wheat amounted to los, 463,
900 bushels, more than three rlmes the
entire visible SUPPLY, and prices closed
Sc higher than week ago.
Cora advanced &c with sales Of 5000
bushels. A epecisl speculative fever WE
felt in other msrkets, and pork rose 81
per barrel; lard $50, and hogs 25c per 100
pounds.
Coffee rose 1c, with Gales OF s16,o 900
bags, and oil nearly IL, with sales Of
G, 1888, 900 barrels. In c1ttJn there was q
slight decline CT sn eighth, with sales OF
366, eco bhies. The wool market
mas teen steadily strengthepiDs
with advances nsinly in Ohio tiseces and
con- birg wool, but the average CT l08
qualities IS hardly 4; higher than SsD.em-
ber L.
Reports from Interior points ara uni
formly favorable outside o' the influence
OF yelloR ievet a. the south. AZ Nasa-
vile AID seine other points considerable
stringency has resulted from the inter-
ruption OF reuissances snd az self de-
fensiye measure Ct the bsEks, bu:
the situation is materially in
proving, A. many western points
the tenor Of reports is generally enccur-
sging. There is complaint as to coliec-
tlons. Money IS increasing in demand
and the volume OF business enlarging
Outside OF New York the bark clearing
snow gain Of le per cent. over last
yesr, with gain OF 10 per cent. here,
ti0n 81 c. lego and other points.
The demand for iron increases, and at
Pailadegphia the advance IN pig iron is
deemed equal to sbout 81 per
ten. While remarkable improvement is
seen IL TIE mnEhtL luz UaE lFCu
50 long de pressed, steel rsils do not ed-
vance, but the ssle CT l6, 0G0 tons by
eastern and 20, 900 tons by western mills
are reported.
In the boot and shoe trade reports are
growing more satisfactory.
The stock market has witnessed much
settling and some reaction, and yet the
average CT prices is shade higher than q
week ago. The advance OF the Bank Of
England rate to per cent. and the ad-
vance By the Bank CT France to
d per cent. lead to some
liquidation OF foreign accounts
in American securities. Foreign trade
does not materially Change. The Treas
urY pours GU! money, having disbursed
during during the past week $500, 900
more than IL has taken in.
The numher Of failures Is large. The
amount of Liabilities for the third quarter
Of the yesr shows great decrease, from
S73, C22, $50 last year to So. 114,254 for
the qusrleF jass ended. TIE failures
the week number Pill, as compared
with 220 lsst week end 228 the week pre-
vious. For the corresponding weeK OF
las. yesr the figures were PIP.