Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1892-12-16
GOLDEXCHANGE
and a Brief stringency in the
Money Market
MAKE CONSIDERABLE FURRY.


New Orleans. La, Dec 15-(Special.l
Atwood, Violet & Co. say:
Futures--We feel that In the course
pursued by Us for the past three months
We placed before our readers great
deal of information, present and pros
peotive. by which from day 10 day they
could form their own opinion, just as
we shape ours according 10 what We
have before us. We have known moth
ing that We have not given our readers
aud have placed nothing in these daily
reports that we have not believed abb
solutcly 10 he our impressions, but main
ly have We presented facts in the shape
of figures which have Ind a very great
bearing naturally upon the course OF
the market, and II Is with pleasure that
we note a small but gradual improve
ment Of .nte, which our belief In small
crop and serious curtailment in the move
ment we feel would sooner or later bring
about We cannot do betior than give
copies Of our Liverpool cables today.
Ono says the market has good under
tone aud recent sellers are nervous II
interior receipts fall OF next week we
think our mnrket will be excited"
The movement today at ports Is u
900 halcs against 5000 bales Inst year
and Memphis ST. Louis, Augusta aud
Houston show n loss In receipts so far
this week Of 5000 bales compared
with the same time last week. IL there
Is not sufficient decline In the movement
TO excite them we do nOt know what
they want.
Another cable says East lndia's crop
news Is bad and Is estimated at less
than last yenr. Still another says Alex
nnder & Co., cable that only 20 per cent
of the crop remains on the plantations
aud this information was furnished them
not alone by the same parties upon whose
replies they made their former estimate
III L q Al aa.H
they say is correct u insures crop un-
der six million On the strength Of
this we wired our friends generally today
advising them to buy. IN addition TO
this our exchange has information from
Washington today that tho senate hns
adjourned until Monday and they have
decided to adjourn ON the - until after
January 1. There will only be- four days
of next week for further discussion or
debate upon the Hatch bill. II seems
likely therefore that no action either
way will be taken until after the holt
days,
Liverpool closes ut an Improvement
Of 4-6l and firm. The advance here has
been from 10 to 81 points closing within
one OF the highest Of today.
Estimate for receipts here tomorrow,
11,OOO bales against about 100DO bales
last year and 1000 bales in 1881. Our
estimate Of 22J0OO bales for receipts
nj ports Is likely to be 1900 bales too
high and the loss Of amount ComOig
into sight may be 5000 bales for the
week. A fcnturu here today has been
the spot demand, sales, 10000 bales the
largest for long time aud to which we
call attention below. Once let II be
known by the European spinncrs that
the crop Is anywhere about G,J0OOO0 and
his buying will be In accordance there.
with. We beg to call attention to the
fact that every month here Is at or
above the quotations for middling,
We expect much higher Liverpool to-
morrow.
Spots closed drm. Sales, O5O0 bales;
quotations lis up.