Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1889-01-15
ON CHANGE.
Spot Cotton Irregular, Futures Closed
at an Advance-Money was Easy.
Wheat Opened Unsettled, Broke Later and
Closed at Deeline-The Coffee and
Wool Markets Unchanged.
Daily Review.
OFFICE OF THE GAZETTE,
EnRT W0RrH- Tex Ian II is

FoRT WORTH. TEX, Jan. II, 1889.
The new week opens with a continual
ton of the bad weather that accompanied
the closing of the last week, and trade
has been affected thereby, though there
has been such a number of people in the
different places of business as would indi-
cate that a resumption of the activity
that prevailed during the fall is at hand
The receipts of cotton are necessarily
light, and quotations are in their old
position.
General trade throughout the country
is suffering from the unreasonable
weather, which has affected nearly every
important branch of business and every
industry.
Complaints are made that the recent
cutting of rates by the western roads
has demoralized business a good deal on
account of the discrimination that has
been practiced Besides, the operation
of the long and short haul clause of the
interstate commerce law is disturbing
business at good many Of the smaller
distributing points.
II is expected that the coal trade will
show some benefit from the suspension of
production last week, but there are no
indications of Improvement IN the iron
trade, as producers, are constantly antic-
ipating the demand Notwithstanding
these considerations and tardy collections
in number of sections, the feeling on
Wall street is generally described as
hopeful and fair volume of business is
reported
The present bright, warm weather is
making more cotton than the hot sun Of
September made A few weeks ago the
complaint was that there would not be
third of a crop and everybody got gloomy
But well-posted railroad men now say
that they viii move as much of the staple
this year as they did last The shipments
viii be strung out over longer time,
but the quantity will be forthcoming
equal to the shipments of last year.
Says the San Francisco Chronicle: A
dispatch from Pomona says that resi-
dent of that town has just gwen the larg-
est individual order for orange trees ever
given in that region. It was for % 900
Navel oranges, two years old, from
Florida, which are destined for a we'll
known Navel orange grove north of Po-
mona, and with 10 ,000 trees set out a
year ago will make the largest orchard of
this kind of orange in the world. The
same dispatch says that orange and olive
tree planting was never so extensive in
that section as this season, and that nur-
serynen cannot begin to supply orders for
stock.
There has been considerable dissatis-
sation among certain elements of the rice
trade in New Orleans lately, which is
likely to result in an open controversy if
not speedily settled. A number of re-
ceivers and sellers of rough rice object to
the rice rules which forbid the selling of
any rough rice outside of the Sugar eX-
change. This rule, say the receivers,
shuts off competition and
makes the millers combination to dictate
prices and use the rules Of the exchange |
as means of preventing the selling of
rough rice to millers not in the combina-
ton.
Says the Chicago Times: The outlook |
for the lumber trade in this section is
good, but the trans Missouri trade has |
largely slipped away from Chicago. yell |
low pine and northern competition to-
gether with adverse freight rates, have |
it useless for the dealers here to |
longer continue the competitive struggle. |
In this part Of the country, however,
stocks in retail yards are reported as low,
and an enlarged demand Is looked for
later on. The corn crop was large and |
the autumn unusually favorable for gath
ering and cribbing it. 1t is confidently |
that this corn crop win result in
a heavy spring demand for lumber. A
large portion of yard stock now in mo-
ton is coarse boards for the box factories
and short lumber for the car works.
Some of the planning mills are fairly busy.