Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1889-08-03
COMMERCIAL REVIEW.
Trade Begins to Feel the Good Effect OF
the Fine Crop Prospects.
Money is in Plentiful supply and All Branches
OfBusiness shows Healthy Con-
ditions-Exports.

New YORK, Aug. Pr. G.. Dun & Co..
weekly review of trade is as follows:
The country begins to feel the stimulus of good
crops New spring wheat began to arrive at
Chicago ten days earlier than last year. The ST.
Louis corn corner has no effect, as an abundant
Weld is expected. and business in al departments
is gaining. St. Paul reports improvement in
trade and Milwaukee also in branches at Omaha
with assurance OF crops above the average and
business excellent. In the winter wheat regions
the Improvement consequent upon 4 large yield
has now been steady for a week, though at Kan
sas City business Is still quiet. In the iron
gions district the increase IN demand is felt and
orders for 100 new locomotives have been placed
during the week.
The certainty of a large traffic also has its
effect upon railroad negotiations which have
made progress towards peace. me TACT that uIl-
DER such favOriEg circumstances the stock
market has gained during the week only 4Oc on
the SltO on an average OF prices may be attTlbu-
ted to monetary uncertainty, and to the
g. for tba in success Of The interstate
agreement ard recent legislation in Western
states have inclined many holders to sell. Pro-
iects for many miles of new railroad and for
vast number of industrial trusts have caused an
unusual body OF new stocks and bonds to be Of
fered, OF which but small part has yet been
placed.
generally we'll supplied at Chicago, while the
active market is easy; but n Boston rates varied
in July from to 9 and back to per cent, and
the movement is active at ). Treasury
operations have only added Sl00, 900 to the cash
on hand for the week.
The volume Of trade continues to exceed last
years at New \ OTk Il per cent, and outside
l2la per cent, according to clearings through
banks. Exports for July from New York appear
AZ per cent. larger than last year with imports
81 per cent larger but large offerings of bills
against products TO be moved hereafter prevents
apprehension. The prospect Is better for
decline OF pa cents in wheat during the week
though corn. oats and cotton for immediate de-
livery are fractionally higher. Pork products
have all declined a little and hogs 20 per cent.
reached Is 600, 900 bushels for the week. of corn
= 600, COO bushels and OF cotton 19l 900 tales.
Coffee is sc stronger with sales of 320, 600 bags.
In oil only 3. 700 600 barrels have been sold, and
the price is about 1c lower. The wooden indus
try still hesitates. If the goods market does not
soon improve general yielding in wool would
seem inevitable.
On the other hand more encouragement is felt
in iron business, the demand increasing. Bar
iron is stronger, plates more active at full prices
and rails strong, though at present without con-
siderable sales The coal trade Is still sluggish.
Copper has not materially changed and tin has
been weaker abroad, selling at Sl9.65 here.
Lead has been active in speculation, rising to
&c.
In the boot and shoe and leather trades the
feature is the impOTtunate demand OF buyers for
speedy delivery of goods. No uneaSiness in the
trade has been felt. The general movement of
prices in July was upward, averaging per cent.
for the month
Business failures number 2lO as compared with
q total of PIC last week and POS the previous
week. For the corresponding week of last year
the figures were 2l6.