Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1891-07-04
REVIEW OF TRADE.
r. G. Dun & Co. Make a Re-
port on Trade of the Week.
IT is VERY ENCOURAGING.
Everything Waiting on the Crops and All
Reports Are Good About Them.
Business Better at a Num-
Der of Places.
WEEKLY TRADE REVIEW.

"EEhI-l TRADE REVIEW.
NEW YORK, July 3.--R. G. Dun & Co. S
weekly review of trade will say: Every
! thing waits for the crops. II is, there
/ fore, of first Importance that crop pros
poets have never been more uniformly sat
, isfactorv at this season than they are now.
IN other respects the general outlook is in
| the main unchanged. While the volume of
| business represented by the clearing house
exchanges outside of New York is about 9
per cent less for the last week of June, and
/ about 10 per cent less for the month than
! last wear, there IS prevailing confidence in
/ speedy recovery and an early expansion of
! trade
Reports from interior cities show fair
| but in many respects waiting trade.
There IS Il better demand for mill iron at
| Plttsburg, where the glassworks have
| closed for the summer.
| At Cleveland the dry goods, shoe cloth
! ing and groceries trade has improved, and
| manufactured iron is in good demand
At Cincinnati the building and machinery
lines are quite active. but the wooden trade
Is slow, holders waiting for higher prices.
At Chicago wheat receipts are three
times greater than last years Receipts
of wool and hides are nearly double. and a
gain appears in butter and flour, but loss
Of One-half in cured meats and dressed
beef. of two-thirds in lard, of Il quarter in
corn and cheese, and some decrease in oats
barley ana rye.
The dry goods trade equals last year,
with prompt payments. while trade in
clothing and shoes much exceeds last wear
At 81. Louis trade improves slightly.
Staple groceries are active and confidence
grows as the harvest answers the estimate
made
At St. Paul gratifying increase in the
handling of cattle is noted, and strong con-
tidence because Of the marked improvement
IN crop prospects there
At Milwaukee and Omaha trade is dull
At Nashville holding I'D fairly.
At Savannah sluggish, but strengthening
At Memphis better as crop prospects
there improve, and larger at Jacksonville
where vegetables are moving in large guam
titles.
Trade is seasonably dull at New Orleans
but refined sugar is active, with large sales
of German granulated
1t is the dull season in iron, and many
mills have closed for the usual vacation
and while prices are generally stronger
than in May, a vague fear of the future
checks purchases. Structural and plate
iron are fairly active, but of rails no sales
are noted, and the shipments for the half
year are placed at 5000 tons, against -, 500
tons last year.
Coal has been advanced by dealers, but
independent operators make no change
Tin is lower al 20-iO and copper at 12|S
Sales of wool at New York. Boston, Phil
adelphia and Chicago for the year thus far
aggregate 1873 IA. l26 pounds against 1914
BIZ. 059 last year with some increase in do
mestic but a larger increase in foreign.
In dry goods the market is still waiting
and fine worstedS are held back. In dress
goods purchases for fine foreign qualities
appear to be equal to last year while lower
foreign grades are shut out. Some of the
grades in considerable quantities yet re-
main in the market which were purchased
last year on speculation.
Trade i'll breadstuffS has not been espe-
cially active. though wheat declined below
81 per buShel, rising j little within the past
few days, and corn and oats are also
slightly stronger.
Cotton is unchanged, notwithstanding
improved crop prospects.
Exports of domestic products from New
York in June exceed last year by about |
s. co., 900, and the course of the market IA !
vorS heavy movement in breadstuffs.
During the past week the treasury has |
paid out only as much money as it has |
taken in, though the disbursements for |
July haye not yet been sent out. |
The money markets appear on the whole /
q little less easy. though the rate on call |
mere has ranged during the past week be- |
tween y and per cent Somewhat more |
demand appears at Boston, and there is
shade of stringency at Buffalo. The de-
inand at Cleveland is active. and the mar
ket Is close at Cincinnati. Strong at { per |
Gent al Detroit, well supplied at g. but moth
ing Ior speculation at Chicago, and easier
Al a. 81; Louis. Stringency still appears at
lew southern points, but at New Orleans
ihe supply Is very fair, though the market
is firm.
The business failures occurring through
OUT lhe country during the last seven days
numoer 30 as compared with q total of 232
last Week For the corresponding week of
last year the figures were io9.