Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1894-07-21
AN INDEFINITE CONDITION.,
nus UNCERTAIN As TO wHnnn WE
AnE Ar.
He Says cn-tomaas Tests of the Con-
dition OF business Are Less In
ssrncsi,e rhnu psuai--Encct OF
the strike aud Crops.

New York. July eo,-R. C. Dun &
Co.'S Weekly Review OF Trade will say
tomorrow.
Tho cfrect OF tho two great strikes
have not yet entirely worn on and
meanwhile disagreement between the
two houses Of congress haa made
tariff uncertainties more distinct and
Impressive. II follows that customary
tests OF the condition OF business are
less Instructive than usual the a.
nanclal situation IS somewhat less ia
vorablc because the exports OF gold
have been resumed and are $500. 600
for the week. but treasury receipts
have been se.oiassi for customs agaiust
S1'eol,oii last year and Sd4i4.56S In in-
ternal revenue. araiuAt ys.aia,hSi last
year. The extraordinary payments to
anticipate the Increase OF taxation On
whisky are rapidly locking Up large
amount Of capital and taking from the
government part OF the expected In
crease OF revenue. while the current
loss in customs receipts ia largely due
10 the postponemcnt OF Imports In cN-
pectauon OF lower duties hereafter.
Tnus the treasury has been gaining in
balance. although the expense OF some
loss IN revenue hereafter Wheat has
been skating on chin lee. with chance
OF brealsng through and maklng the
lowest record ever known md hNa de-
clined . cents for tho week with
railroads generally blocked In the
wheat delivering districts, 1t Ia satis-
factory indication that the Western
receipts are about two-thirds of last
years. 2.21l,bi4 bushels, against $685.
$40 yogr ago. while the exports from
Atlantic ports are insignificant. only
6i2.tO2 bushels, against 2.S6s627 last
year The enormous visible supplies
have less actual weight In the market
than the prevalent conviction that gov
ernmcnt estimates OF Yield are widely
erroneous.
Corn has advanced shade with no
satisfactory reason for the rises The
prospect ~ excellent for large Yield
great speculation IN oats has be-
gun TO liquldate with the customary
losses to the wise men who know all
about II.
Cotton has declined fraction and
all indications still point 10 material
Increase OF yield.
Although there was nm increase dur
ing the month of June or nearly a
third In the weekly production OF pig
iron and the consumption IN the manu-
facture was nearly 10000 tons per
week giNhter thhn the output or fuf-
nncos. II Ia Questionable whether any
further Improvement has yet occurred
IN July Many OF the Western estnb-
llshments were stopped because the
blockade OF railroads cut on their sWp-
plies of fuel aud have not vet von-
tured 10 resume. others west OF Pitts
burg hive hoeu Inactive beenun the
coke strike continues and the limited
production scarcely udoeB for tho
ends Of the works ncnr ut hand. Be-
hind all other emharrassmenta there
Is II remarkable narruwnoas OF demand
for finished products. In steel rnils
the official statement shows deliveries
Of only 9,3iO,000 tons for the first half
or 1885, against ELISA tons for the
first half of the last year.
The most honerul sign noted this
week 10 that failures continue COM
paratively few and not very impor-
tant. The aggregate OF liabilities for
the twelve days ending July H. was
s2,G3O,3OG. OF which si,009,sG1 was Of
manufaeturing and Si,4is,20i OF trnd-
ing concerns which IS decidedly below
the average for the past half ycnr.
The failures this week have been 2a6
IN the United States, against i37 lust
vcnr and A in Canada. against 20 Inst |
year.