Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1890-08-30
THE COUNTRY'S TRADE
As Reviewed by the Mercantile Agency
OF r q. Dun & Co. of New York.
Easier Monoy and More Favorable Crop Re-
ports Tend Greatly to the Betterment
OF Trade Conditions.

NEW YORK, Aug. 29.-R. G. Dun s
Co. g weekly review of trade says: The
great relief in the money market here
has tended to improve the state of BUSH
ness; at the same time better crop pros
pets brought distinct reaction In specu-
Iations, which most retarded exports;
thus, while the volume of domestic
trade continues greater than any
previous year at this season the bank
clearings for August outside this city ex-
ceeded last year by 81 per cent. The
outlook for the future is clearer aud
brighter. Wool sales at Boston reached
3 200 900 pounds, and many mills hav-
ing substituted Territory warp tor fleece,
the wool in use on the market for fleece
has been weak. Better orders for
WOODEN goods are reported by mills.
Fair trade continues in cotton goods.
The boot aud shoe trade is large and
active. We have witnessed of some
further improvements in the demand for
manufactured forms of iron and steel
plate and structural mills being crowded.
with better prices in some cases, but the
pig iron market, according to report
of acc cunts from Philadelphia, is badly
disorRanized ut present and is no stronger
the doubt whether the production has not
much exceeded the demand, affecting
views of buyers. SIagnation prevailr in
the coal trade, and it is admitted that
May prices still rule in actual sales.
The restriction of the output Is very i'm
perfect, the total this year TO August 10
being only $50 ZOO tons behind last years
record. Accounts from other cities
are even more favorable than
usual, excepting as to the money
market. Boston notes special activity
in leather. At Philadelphia collections
in many branches are rendered slow by
the monetary pressure. Chicago, on the
contrary, reports money plenty at per
cent. on call, and collections easy, u
better trade than last year III dry goods
and clothing, reduction of 70 per cent.
in stockysrds business since strike, de-
crease of so per cent. in wool compared
with last year, 20 per cent. in butter
and steady decrease in dressed beef,
but large increase In cured meats,
lard cheese. cattle, binds, and 100 per
cent. in hogs. St. Louis has fair vol
ume OF trade. At Kansas City no
change is noted, and at Pittsburg good
demand for manufactured iron. Sa-
vannah reports 2 brisk trade, but jack
sonviIle much discouragemeut. At At
lauta trade Is good and the crop outlook
very promising. The movement of sta
pies is held in check by high prices.
Wheat export falls far below last year,
and the value OF all exports from
New York for four weeks shows de-
crease OF 25% per cent from last year,
but prices have been yielding rapidly,
wheat and corn each about cents and
oats cents for the week, oil over ~
pork 20 cents per barrel and cotton "a
cents. Hogs, lard and butter are
stronger ana coffee unchanged.
Business failures occurring throughout
the country during the last seven days
number 1889, as compared with 1872 the
previous week; for the corresponding
week of last year the figures were Pill.