Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1890-11-25

the West. and q fair business has been
done with the grain and cnttlrmen OF
Missouri and Illinois. The deposits for
the week have been better, and al i'm
provement IL shown in the balances.
While two or three banks claim to be
pretty we'll loaned up, the great major
ity have plenty to spare. No one Is
turned away with good paper. and yet
outside business is not generally sought
after. Rates are easing up little.
More loans are being made at per
cent. than for several weeks. Some Of
the banks have n raised their rates TO
their regular customers since the close
marke. hesan. They did make loans +,
however, TO outside parties at 8 per
cent. Some customers are still paying
per cent. but the great bulk OF the pa
per issued Is being tsken Mt 6@7 per
cent.
Local securities are in about the same
condition they were last week. The
market is dull, and trading during the
week was very light. During the early
par; Of the week there was considerable
inquiry for street railway bonds by pur-
ties having Il surplus of cash in the bank
vaults. Very few trades were made how
ever, and the inquiry for these securities
had materially lessened yesterday.
prominent broker, IN speaking of this,
said that some parties were little
afraid of the banks aud were anxious TO
place their money where they thought it
would be more secure. A spec al in
quiry for street railway bonds was the
result, but as soon as the panic passed
these parties were content to let their
money remain where it was, and 'his IN
quiry in measure ceased.
The market closed nominal at last
nights prices. ST. Louis trust was
strong and sales were made from So 10
81. The other trusts were quiet but
steady. Union was quoted at l02 bid and
lG2 % asked. Mississippi Valley was Of
tered at 49, with AZ bid. Laclede gas
showed an improvement. The bonds ad-
vanced to IS and tue common stock to
Il. There was no market on the pre-
ferred stock. No material change was
noticed in bank stocks. The market was
quiet and no trades reported. Linseed
oil has advanced from 49, to 4lR.
While the market has been quiet there is
a better tone to it. and while brokers
during the past mouth have more than
once predicted better market, they are
now confident that better times are near.
Oue reason given for the dullness this
" cen 10 thht INV lohSh
advantage of the decline in New York
stocks and have been heavy pur-
chasers there. AS soon as there
is good advance these Sc
curitIes will be- disposed of,
and the money made will he invested in
the local securities of this market.
Brokers shy that the holiday trade of the
merchants will be over In a short time,
and the surplus cash which they will
then have will be placed in securities in
stead of lying idle in the bank vaults.
Inquiries have been made for municipal
bonds, and marked improvement is
noticed in these securities. County and
township bonds were dull, with very lit
tie inquiry.
The clearings to-day were S3.217 322,
SIND the balances S273, 1875 The clear
ings this week were S23 ,657 ,427; last
week, $25 ,0l4 O02, and the correspond
ing week last year, $50, 1920. $50. The
balances for this week were So ,052 .5S5;
last week. 81 1853 1856. and the cores
ponding week, SIS .259, 729.
New York sold at 75c. dlscou Chi
cago sold al 400. discount. New Orleans
nominal at 81 discount.