Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1890-08-20
THE STATE OF TRADE.
Bradstreers Comment Upon Trade Condi-
tions for the Week Ending satur-
day, August 16.

~~--N---
tions for the Week Ending satur-
day, August 16.
srecia1 teIeprams to Bradstreet's show few
changes in either the agricultural, industrial or
commercial situation. There have been extern
sive rains throughout large areas in Missouri
Kansas. Nebraska and Texas. but they came too
late to repair the damage done to cereal crops
particularly that TO Indian corn. Cotton crop
estimates not quite as large as rev weeks
ago, Will those OF wheat, corn, oats and par
ley as low as previously reported; sugar
and rice crops promise we'll. FRUIT yields, TOO,
are short and prices higher
After suffering severe depression on the New
York Genital strike and the disturbed money
market snare speculation Is again strong and
advancing principally upon foreign buying and
expectations that the treasury Will IN some man
ner relieve the money market
Bank cleariugs at fifty cities for the week
ended August II are 81, G92 26I, h5f, gain over
this week last year Of 10 per cent; New fork
of tho grand total, are more than those for the
like period last year by 1876 per cent, while at
fifty other cities the gain is lI.O per cent.
The feature of the week is the continued ad-
vance in price for hides and leather. As an
outcome boot and shoe makers are actively en-
ployed. In Nebraska and some sections ad-
Joining, where the drouth has been heavy, mer-
chants have countermanded orders for goods,
tearing the effect OF short crops. Chicago and
New Orleans are apparently enjoying relatively
the most active demands for staple good.
Iron is growing steadily stronger. Quoted
prices no higher, but at TINS time they arc
no longer tests OF the market. No considerable
quantity of pig iron could be purchased at nom
inal quotations. The largest individual pro-
ducers at the East can hardly fill contracts, and
stocks in first and second hands are very light
It is evident that any considerable increase IN
the demand would result in an upward rush Of
quotations. Anthracite coal buyers for some
reason appear anxious to delay purchases. and
the trade languishes in consequence, with the
prospect of a rush and inability to fill contracts
promptly later in the season. Copper is quiet
here and abroad with firmer tone.
Hog products are trihe weaker, lard having
reacted O few points. Pork is practically un-
changed. Live hogs at the West are 5d l0c lower
per 100 pounds, and cattle, on declining re-
ceipts, 15c higher
Raw sugar is &c and refined 1-l6c higher on
good demand, decreased stocks and higher for
eign markets.
Wheat, corn and oats have been affected by
unfavorabe crop reports and heavy speculative
demand, the first named advancing 5@6c, corn
l4c, and oats fully &C per Dushel. Available
stocks have not begun to increase yet. Exports
of wheat, both coasts land -four as wheat), equal
], 1893 1s9 bushels this week, against 1874, 900
bushels in the like week of 1889, and 2,166, 255
bushels last week, The total exported July to
date is 2,9l7,2 2s bushels, against II, 25O, OOo
bushels in like share of 18S9 and IL, $50, $50 in
1883.