Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1890-06-13
ON CHANGE.
Spot Cotton Fractions and Futures From
One to Nine Points Lower.
Wheat Opened Higher, Fluetuated Widely and
Closed at Decline-Coffee and Wool
Markets Unchanged
Daily Review.
OFFICE OF THE GAZETTE,
FORT WORTH. Tex. June y 1890.

OFFICE OF THE GAZETTE
FORT WORTH. Tex, June r. 1880.
Trade in Fort Worth continues to move lonI
smoothly in all departments, all the merchants
doing satisfactory business in their RESPECTIVE
lines.
The genera markets, too, are adequately sup
piled with all commodities, though vegetable,
are disposed of as soon as display ed; berries are
not as abundant as few days ago, but quota
lions are unchanged from yesterday.
The Dry Goods Economist, New York, COM
ments as follows on the general dry goods mar
ket of the country: The volume of business
completed has been of large amount, yet much
of 1t was the result of deliveries on former trans
actions. 1t was not possible to reach the
goods were not in hand. and furthermore, many
merchants had already provided for their
wants by selections from stocks and the placing
OF orders against arrivals. In the execution of
the latter large per centage OF the receipts
have been forwarded. As has always been the
case, many buyers have lacked confidence and
in consequence have been 'left, - as the large
majority of stocks of staple cottons has been
cleaned up and prices have been advanced and
fastened by fairly liberal orders.
good force of buyers from the southwest
have been present, and of certain classes of
goods they have made important purchases.
This has been the practice semi-annually for a
long time, though they are little earlier this
season than usual. There has been no activity
to the market, still in quiet manner considera-
autumn wants. There has been more conf
dence apparent on the part of the majority Of
dealers, and the higher prices have been estab-
lished by transactions. The passage of the ad-
ministrative customs law, and the probability
of the early enactment OF q tariff bill and a sill
yer measure have had their influence in stimu-
lating purchases. High cotton and stronger
market for wool are factors that have not, been
lost sight of. These features, in connection
with freight arrangements, have been sufficiently
important to hasten transactions by those in
clined to make them.
Cotton quotations have declined ssc during
the week, in sympathy with the closing Of con-
tracts, but the movement has not been regarded
as important as il has had little effect upon the
price of the real article. The market is in the
control of a few spectators who can do with it
what they please.
Cotton goods have shown a steadier front,
with spot goods in much smaller stocks than a
week ago, many prices dearer and the produc
tion well sold ahead. much better tone has
prevailed and with sellers increasingly iadiffer-
ent to making sales except at top prices, many
buyers have been encouraged to make free
transactions. The situation is a very peculiar
one, and to many buyers and sellers entirely
new, as similar conditions have not been pres
ent since 1864 By this is meant that with the
largest crop of cotton ever grown, in proportion
to the demand, the supply has never been re-
vance of the new crop. Upon this fact every
mind must form its own judgment of the mar
ket for the next four months.
Wool has been in steady demand, but as old
stocks running low, and the new clip has
been held back 10 take advantage OF the new
tariff bill, prices have been against purchasers
who have resisted them to their utmost, and
stricted dealers to necessities.
Wooden goods have been in steady movement
on account OF former purchases. The tone of
the market has improved, and while better
been exceptional. good duplicate order de-
mand has been more of a feature and fair guam
titles have been called for, while buyers have
been urgent for prompt deliveries on all engage
ments.