Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1891-09-19
DUN'S REPORT.
Better BUSINESS REPORTS
FROM ALL POINTS.
The Hot Weather Worth Millions to the
Country-What the Different Cities
Report-The Iron Trade

New YORK. Sept. lS.-R G.. Dun &
Cos. weekly review of trade says: The
hot weather West Is worth 20 the country
many millions every day With money
coming for stocks and bonds rs well as for
wheat and cotton and with liquidation of
farming indebtedness the prospect for bust
ness this fall IS unusually bright An
actual improvement IS seen in nearly all
cities from which reports are received this
week
At Boston trading IS enlIr~ing.
AT Philadelphia business * more active
and the iron market : stronger
AT Cleveland trade is nearly all incrcas-
ing
At Cincinnati the shoe business is especi-
ally active.
Al Chicago some decrease III the rec ejptS
of lard. butter and wool compared with las.
year is reported for the week. but increase
IN flour, barley. curnmcal, cheese. hides and
grain. of oue-quarter III OATS. while receipts
OF rye and whea; are six times those OF last
year.
At Minneapolis trade is active in lumber
and flour. shipments Of flour being more
than double those or last year.
Al st. Louis country banks are not draw
ing as heavily for Northern crops, bat
money is going south for cotton. and NJ
Kansas City trade is nearly satisfactory
and money easier
At Nashville an improvement is seen and
money is not 50 close rs heretofore
At Memphis the gain is SLOW. but while
money is not abundant The market Is easier.
At savannah trade is fair but the money
market is still tight
At New Orleans an Improvement is seen
i'll groceries. Rice Is coming in freely. and
money. though III good demand. is in Suf-
ficient supply for all legitimate needs
1t is especially noteworthy that collec-
tons are improving at most points. and that
the money markets are, on the whole, com
paratiyey easy, although the crops to be
moved are enormous and the actual move
ment unprecedented. Wheat receipts al
the West for three days this week have
averaged more than l.5O0.UOn bushels
daily. and although exports are only
about half as large, the foreign demand is
sufficient TO strengthen prices which have
risen , cents i'll the past week on sales of
only about 10000. 900 bushels here.
Corn has declined rapidly as the fear of
harm from frost vanishcs and is much
lower than week ago. Lard and hogs
have declined with corn, but mess pork is
held by spectators. Cotton has also de
c!ined 3-l6c, FOR while reports indicate that
the yield may be much smaller than that of
last year, foreign buy ing is much dimin-
ished and STOCKS on hand aud abroad are
large.
Coffee has declined q cent, while Oil has
advanced > cents. 1t is Il surprising fact
that notwithstanding the output OF pig
iron is almost equal TO the largest
ever known, the price grows
more steady and stiff and decidedly
better tone is observed i'll all important
markets. An awakening is seen in the
boot and shoe business although shipments
are not at present equal to those of last
year, but manufacturers have more salts
factory orders and the feeling is more con-
tideut.
Wooden manufacture is doing remarkably
well in some branches. particularly in
worsteds and dress goods, and the demand
for dress goods notably exceeds the present
supply.
Business failures occurring throughout
the country during the past seven days
number :e39, as compared with total of PA
last week. For corresponding week of last
year the figures were 100.