Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1890-12-27
THE COUNTRY'S TRADE
Weekly Reviews as Gathered by &. G
Dun g. Co.'S Mercantile Agency.
Holiday Trade at All Points Remarkably
Heavy The Monetary situation Grows
More Satisfactory.

NEW YORK, Dec. 26.-R. G. Dun s.
Co.'S Weekly Review of Trade says:
Business has progressed as we'll as could
be expected in a week broken by tbs
Christmas holidays and SHOWS. The
holiday trade was remarkably heavy
here and at nearly all other points good
which is by no means reason that tn
tightness Of the money market springs
from any general embarrassment Of bust
ness or industry.
The volume Of payments through banks
continues large, though but about per
cent larger than q year ago.
Railroad earnings thus far reported for
Dece mber also show q gain OF about per
cen. over those of the same week last
year.
Foreign trade is very heavy, in spite of
the causes which were expected to insure
material decrease.
The uncertainty in regard to monetary
legislation and its possible effects are
great obstacles, but events have a less
disturbing influence than it had q week
or two ago, as the prospect of unwise &C.
lions seem more remote, and the money
markets have generally grown easier
during the past week. not only East, but
In some other Western aud Southern
centers. Reports from other cities dis
close no important change in the condi-
tion of trade. Wholesale business nat.
urally slackens and is quiet poin. in
the year, and its disposition to act is
rather increased by hardness Of colleo-
tions, but at Boston the prospects are
considered better for the trade in wooden
and cotton goods. at points further
West the expectation of improvement
after January / is general, though trade
is quiet in the wholesale line, but fully
up to last years market. At Kansas
City wholesale trade Is quite good, but
cattle and hog receipts are light.
Reports from the South also Indicate
some Improvement. Affairs at Louisville
are fully employed, though money is
very close. The trade at Atlanta i'm
proves. Cotton is moving more satis-
factorily, and at Galveston the receipts
exceed last year. New Orleans reports
a fair trade and larger receipts of cotton,
the crop being there estimated at Z .700,-
600 bales, and good receipts of sugar and
molasses, with steady prices. Through
out the South the fictitious reports main
tanned last summer and fall for cotton
followed by inevitable decline as the
magnitude OF the crops became known.
But more than 3 900, 900 bales already
have passed out of the hands of PRODUCE
ers, mainly ct fair prices.
1t is especially encouraging that thus
far there has been so little embarrass-
ment and so few failures among the
important manufacturing works re-
Gently established in that section. While
the situation Of iron and steel industries
shows no Improvement, the fact that the
closing weeks Of the year are passin
without a serious set back gives encour-
agement. There is anxiety as to the de-
mand, which may appear with the new
year, since il is generally perceived that
many works must remain idle for that
time unless there is a decided increase in
consumption. Wooden manufacturing is
clearly enjoying a larger demand for
most products. since importations were
checked, but as yet no considerable i'm
provement in prices have been found
practicable.
The monetary situation grows more
satisfactory, because treasury disburse-
ments continue and the arrival of gold
have given aid, and the enormous ex-
cess of merchandise exports over i'm
ports is felt. In the three weeks of De-
cember exports for Ne York have been
per cent greater than last year. which
would indicate heavier exports than III
any other previous month, while the in
crease in exports has been 80 per cent.
Failures occurring throughout the
country during the last seven days num-
Der 1874, as compared with a total of 404
last week. For the corresponding week
OF last year the figures we're 2sS.