Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1891-10-03
DECIDEDLY GOOD.
Condition of Trade improving
all Over the Country.
NO DISCOURAGING SIGNS.
\ Change for the Better Noticed in AL
most Every Trade and Manufactur-
ing Enterprise The South
in the Improvement.

NEW YORK, Oct. :3.-R. G. Dun II Cos.
weekly review of trade says: The past
week has brought the expected reaction i'll
stocks with the passing Of Il dividend by
Missouri Pacific and some troubles among
Western roads, but in the business
nor are there signs of dis
coura@cment. The farmers will realize
for their wheat grown this year more than
the entire cost of their farms. The unsea-
sOmably hot weather has for a time retarded
some trades. but change Is already no.
ticed. II is u most encouraging fact that
these favorable conditions have pro-
duced as yet no speculative excitement
or craze such as often prepares the
way for Il swift and disastrous reaction il
is fortunate for the country that the appre-
hension of financial difficulty this fall has
powerfully restrained the speculative ten
danCy.
The iron markets are distinctly stronger
There is less pressure to sell. Concessions
are more sure even though any advance in
prices is as yet resisted. The demand for
bar iron is not active and the weakness in
stocks tends To check the sale of rails
The anthracite companies have decided
upon an allotment of 3. 800 tons for October.
although the actual prices are not above
those of the July circular. while there have
since been two advances.
Large sales Of copper at l2j3 cents are
reported. but tin has sold as low as 20
cents, and the sales OF lead are small and Of
tin plate moderate.
Tobacco has risen to cents i'll the Con-
necticut valley and producers are realizing
large profits.
The sales of dry goods are large in the
aggregate. but III the light weights far be
low last year. and many looms are idle for
the present. On the other hand there is Il
peculiar increase in the demand for heavy
weights of dress goods. The sales are sat
isfactory, great Improvement i'll quality
being noticed.
Cotton goods are little less active, but
&c or i4c higher.
Sales of knit goods are retarded by the
weather and hosiery Is dull.
The sales OF wool at the different mar
kets are not , per cent below those of last
year thus far.
Boston reports closer money market
and satisfactory trade At Philadelphia
money is in fair demand though there
is 4 complaint in trade of slow collections.
AT st. Louis trade ana manufactures are
active and money is close. At Minneapolis
and St Paul business is good ana lumber is
advancing. At Kansas City and Denver
improvement is seen AT all points re-
porting at the South trade is improving ex-
cept at Savannah where a,great strike sus
ponds the shipment of cotton.
In spite of several more circulars advis-
ing farmers to hold their wheat, the price
had declined about 1c. Corn has advanced ,
cents and oats Is cents, while cotton is I'M
changed in price.
Pork products have changed but trifle.
Coffee and oil are a little lower.
There is more perpleXity than usual re-
garding the yield Of cotton. but the most
conservative estimates conclude that Il
large decrease in the product is probable,
| making a market for the heavy stocks
which were brought over from last year.
The imports of merchandise. though
smaller than year ago, when the move
ment was exceptional, are quite large. and
the exports from New York for the past
two weeks are nearly equal to those OF last
year.
The railroad earnings exceed last years,
as do exchanges at the various clearing
houses outside of New York, though but
slightly, and there are as yet 10 symptoms
of artificial money, of which some have
been apprehensive.
The business failures occurring through
out the country during the last seven days,
number 230, as compared with a total of pa
last week For the corresponding week Of
last year the figure was 1874