Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1891-04-11
DUN'S REPORT.
THE MONEY MARKET is COM
PARATiVELY EASY.
Jacksonville and Savannah Enjoying the
Best Trade-The Condition Of Trade
at Various Commerciai Points.

NEW YORK, April 10-R. G. Dun & Co.'S
weekly review OF trade says:
Il Cannot be said that the business OF the
country is expanding when there IS de-
crease Of nearly oue-siXth within single
month IN the output Of pig iron. In nearly
all quarters it is admitted that the
slackening of trade Is attributed
to merely temporary causes. but the state
OF the iron trade cannot be thus explained,
and while it may at any time change for the
better it IS ct present unfavorao-e. The
symptom at Detroit is Of Charcoa! IRON
offered at Sls, the lowest price ever known.
Is hopeful features are, on the other hand,
that stocks uusold have decreased during
the month more than one quarter,
both OF anthracite and coke iron III
the furnaces reporting. But trade IS very
dull and some Southern furnaces are weak
ening as to price. and the market for manu-
factured forms of iron and steel show no
Improvement Il IS said that the order for
rails placed this year DO not reach 100000
tons.
Another element which may prove of
decision of the great body Of miners to
strike May l for eight hours q day.
The Eastern coal trade is irregular.
Buyers are waiting to see the effects Of the
coke interstate decision.
Other industries show 10 material
change, though the wool market is more
dull. The boot and shoe trade IS uncom-
monty dull, with prices tending rather
downward.
The sale Of 5o0,0O0 pounds OF lake copper
at 49, cents is reported, and lead is weak
eGing: but tin he's been advanced BY specu-
lation. The outlook for building trades is
generally favorable. though labor troubles
al some localities are stiN threatened.
The reports from the various CenterS Of
ID, al how 10 nc 81 yT,NAy
recognize the temporary slackening even
more generally, while il IS attributed,
mainly. to bad weather and the state Of
country roads. At Kansas City bust
ness IS only fair. AT St. Louis
ii is not very strong. At New Orleans
quiet; NJ Memphis caution rules: but a.
Savannah the prospect is bright and there
IS an Improvement ut Jacksonville. In
general the speculative markets are rather
inactive ana the general average OF prices
is uoW PEP cent lower than two weeks
ago Exports fairly maintain the
aggregate; but the movement Of
wheat, -four and corn falls Far
below las. wears. The returns Of foreign
trade for March appears 10 Indicate an ex-
cess Of about s., OUO, 900 Of exports over in
ports; but exports cannot be expected 10
enlarge from this time forward.
The money market here is quiet and IN
disturbed. though at all Eastern markets
there Is more than usual disposition to loan
on call than on time and II Boston there
is considerable stfiugency. At Western
points generally, money markets are com
parativeiy easy and al the South not mate
rally changed. Collections are not, rs
rule. quite as satisfactory, owing to Dad
weather and bad country roads;
but the treasury has again put cut
ABOUT three million dollars il Z week more
Than It mad taken il, and no signs ap-
pear of heavy gold exports rs Yet.
The business failures occurring through
out the country during the last seven
days nuGuber 243 as compared with 4 total
OF @43 last week, and for the corresponding
week of last year the figures We're 2u1.