Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1889-09-10
PROSPEROUS TINES.
Bio Crops Throughout the South-ActlYe
Times Indicated-The Signs.
Prospect Of Heavy Demand for Railway
Material-An Upward Tendency IN iron
and steel Interests -

The Manufacturers ISCCIN -
week, in its review of the bussnesS e
interests Of the country, says:
Reports from the South contlnYs al
most uniformly favorable, as regsIess the
crons despite too much rain in some Few
localities. The largest yields of corn ana
cotton ever made seem to be assured
and business of all kinds is becoming veTs3 ss..
active, based in part on heavy snepS' RI
.Tbe South is daily becoming more pros e
snarous and unless ali signs fail the coRsTss
ing winter will witness the most renEgssIT1t
able activity, especially in indAsgrTal
matters ever seen in this section. Ill
fact the whole country, if we mistake
not ia entering upon a period of tremen-
dons stir-aI,1 life of gigantic enterprises
zssf.tspeat, speculation and OF STRONG up
gaTl tendency in values. 1t behooNes
the business man to watch the signs ol
the times very closely at present.
Common and medium iron nave Oeeh
in very active demand in nearly all East
tern and Western markets during the
mast week. Prices have advanced
triRe on. account of old rails. Large BUY
shave deferred placing orders LOT SUM-
time but the threatened haFdehInS Ien-
T7encv of the market Is inducing LheHl ~
act more promptly. Inc par lhliLo a.
through Pennsylvania, Ohio ana the
VI bovaa GOOD supply OF business, ana
will have but little difficulty III running
! fulI time to the end of the year. BUYERS,
| bir and little. are making inquiries anu
| DIociDo orders, and in consequence OF
! This there has been a great deal OF IN
| curry for forge iron, but no very large
! bUving on account Of the very slrohS
! views of the makers and holders OF forge
! 0,,ota+ions for Southern iron have peeh
| asked for at New York, PhlladeIphla anu
! I1it+sburp within the past few days, Dut
so far rs known, no very large tr@nslc-
| tions have resulted. Southern non
| makers are pretty well solo up anu ~
! cOrding to one or two ammo ulA'9'H
an advance of % cts. per ton VIII De
asked after this week. There are some
reasons for predicting SeheI'c
advance in crude iron, but IL view OF
mast experience, it would be rather RISKY
70 count on it Pennsylvania forge irons
are bringing SIS. % to $3.50, delivered;
nearly all furnaces are sold up. ONO
irons have slightly advanced. IN west
! erp markets all kinds of crude iron Is
advancing slightly, and consuhptloH -
increasing. Throughout Penhsy anna
there is heavy consumption al" Ho
signs of accumulation. No. iouluIS 10
worth SIG 80 to ST. for Southern anu III !
Sl7 TO SIS for Northern; Mo- $40 TO Oh
for Northern. rs: Il,
business during August, and at theOpen-
inc of September prospects are very
bright for a slight advance in prlcesss ss saq
even those placing large orders Will PFop-
ably have to pay q little more money.
Sl,eIn 4ron has advanced trltle, a9a
yvro1lszefr iron pipemakers are piacIhs
a,s.ks4.ssstsE orders to cover business recently
transacted for early winter deliveries.
i All the sheet mills, East and west
i are crowded with business, ana prices
are hardening. GOOD
reouest: machinery. crucible ana besse
mer are held at full prices. In the w es
s+ae1 rails have advanced to S32 for slXt
n seventy pounds weight. There are III
o,1iries II, J'hicagO markets for some MI
fbo,tsa1d tons, which will probably "
sz5Eanced for this week or next.
1s fILastern markets very little business III
Loan done outside of small trifiIng lots
which we're sold at S28 TO 500. 1t IS state
that Eastern Pennsylvania ralImakel
have accepted S27, but not for very niue
business, as there are signs OF SeIieI'
1rnDrOyemeut in the rail market. SAX
for the first six months OF the year
. $50 600 tons. .,-.....-
Private advices from authoritatiT
sourcas in relation to bridge iron sho
that there are inquiries on the marker II
more material now than at any TN
s,nce the oDeniug of the year. NIL
have the assurance of sufficient work
keen them at work, double turn, UNI
C,bristInas. In one or two instances 7
BUSINESS in hand will not be complex
17ntf9. the close of the winter. Ihe&8ES
eyvsss1r1ernand for bridge iron is very HeaN.
or unusuai amount of bridge bulldll
za4.I{efng projected, which Will be zone
soon as streams are frozen over. beal
and channels are quoted at Sl.oo.
There IS a heavy demand LOT ira
supplies, and spikes have been au van van
10 81 10 at Pittsburg, with stlll Iurln
advance predicted.
There is a sharp improvement IN I
demand for barbed wire, and IN fact
oil kinds of supplies which find mark
in the agricultural sections -
Some BUYERS of crude iron in theaaSN
ore burrving ND deliveries, lest the &C
TON croI1 NAV call for all availabls rolll
stock very soon. "a.
syndicate of supposed British ca
talists have been IN negotiation with I
Thomas iron company Tor the putcAt
of their plant, but the high price asE
has checked negotiations for the presel
It is thought IN some quarters that
syndicate is composed of American a
notfereign capitalists.
: Duhng July and August, pig il
- stocks of the Western pig iron assoc
nd r4b5 declined Al, 600 tons. More or
rs is being said in iron trade circles
ave rarding the probability of Ct
- eof eral advance in crude and finisi
Zee iron, and it looks like strong proI
bility that it may take place. A gr
s& many new enterprises are under G.
- sideratiou, and if One-fourth OF tn
FIT reach a contamination there viii certai
- he q heavy demand for all kinds of I
" ana furnace products.
i've one of the encouraging features OF
!a 5dav is the prospect for heavy dem'
Ill n for railway material. The rallEs
a. have been economizing TO a mi
nFNnH