Fort Worth weekly gazette. [volume] (Fort Worth, Tex.) 1882-1891, 1890-12-18
THE COUNTRY'S TRADE.
Weekly Review as Gathered by Z. G..
Dun & Co 3 Mercantile Agency.
The Business Outlook More Hopeiu,, but tina
shaking Up Of tho Past Few Weeks
Has Been Mighty One.

NEW YORK, Dec. l2.-R. G. Dun s.
Co 8 Weekly Review says: Bushes.
outlook Is more hopeful, but owing &c
past disturbances q continued uucer-
tainty is felt in the reduced volume OF
business throughout the country, which
though slightly larger than year ago,
no longer shows material increase. The
| South reports fair business, in spite of
the continuing decline In the cotton
movement ut Savannah, ORANGES at jack
sonville; sugar, molases and rice at New
Orleuns-all at good price. The supply
I OF money Is ample for necessities at New
| Orleans but at other points money Is
| slight. though the banks help their GUS
TONERS as far Us they can in legitimate
| business only.
AT the West colder weather has helped
trade. and at Detroit and some other
points. and business is good for the sea-
son, with large cattle AMI hog receipts at
Kansas City strong with liberal distribu-
ton OF goods at St. Louis, and fair for
the season at St. Paul. Chicago BUSH
ness continues mucn larger than last
year, being little affected by the Eastern
show increase. At Pittsburg the worst
ia thought to be over, and money aud
collections are easier, though iron has
declined and there Is less demand for
manufactured products.
Philadelphia notes little Improvement.
Boston observes an improved demand for
leather at the lower prices, and whole
sale trade Is generally quiet; iron pro-
ducilon increased in November, reaching
1873 $40 tous In December, a gain of
5000 for the month, and over IA, 900 COM
pared with last year. Quotations are
lower, SIS for Northern ana SIPS for
Southern No. l, with rails lifeless and
decidedly less demand for bar iron and
plates. 1t seems clear. also, that stocks
of unsold iron at furnaces are increasing,
so that curtailmpnt of productions seems
to be unavoidable. Wooden manufacture
Is doing decidedly better than n year or
six mouths ago, but 1t avy woulens open
at last years prices, some overcoatihgs
having advanced 8 10 per cent, but
others are PER cent higher but greater
majority realize no advance, and there il
a waiting murket for knit goods and a
shrinking demand for dress goods,
though plain soft wool fabrics command
TO ~ per cent above the lowest prices
VI tue year. Inc COTTON manufacture Is
less satisfactory, and some works are
snspendiug production, print cloths hay-
lug fallen to 8 cents for 6X4's.
Treasury payments for bonds do not
yet appear in the statements of cash,
which show no less for the week. The
most significant fact is that a very large
proportion of money was taken in gold |
by sellers Of bonds, presumably for |
withdrawal until uncertainties about |
silver legislation have passed. Com. |
mercial troubles outside of the monetary |
striugency are mainly due to excessive |
purchases made in anticipation of |
gre I Else In prices. Those who made
such purchases in the belief that in spite |
of the expected higher prices and short |
crops. consumption would be as great US
ever, find themselves embarrassed by
distinct shrinkage i'll distribution Of pro-
ducts TO consumers.
Business failures occurring throughout
The country during the last seven DAYS
number 3l4, as compared with a total of
BIZ last week. For the corresponding
week of last year the figures were 29O.