Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1894-12-21

Generni Review Of the Market
Hcceiyed by Leased Mirc.


Liverpool this morning was quoted at
l point below yesterdays closing for
contracts and At ? p. m, without any
special Influence apparent or perceptl-
bic, was trlfle be,ter, but closed
to / IL points lower than the close OF
yesterday. spots We're without chang
in prices for the day. sales OF 1900
bales, with the market quoted without
tone. Fair demand at unchanged
prices. The increase in the spot bust
ness at Liverpool is attributed to the
Milling of engagements By buyers before
the holidays.
The opening figures on the New York
market were points up from the close
Of yesterday, but these figures proved
the highest OF the day. The market is
almost ieatureless, New York reports
very light trading bl< with good at
tendance Of operators. Our advices from
that market indicate the expectation OF
lower prices. Mississippi and Louisiana
are reported as offering strict mid
dlings at . 5-Sc, delivered at Eastern
mills. This is about i-4c cost price
in this section for mlddling {. o. b.
Under the ruling conditions OF hight
trade, free offerings, and receipts con-
tlnulng fun, It Is quite natural that the
market should sag and go lower and
II Is not TO be expected that the line OF
values can be raised to higher level
until these conditions are modified on
changed, Contracts closed In New
York at points below the opening hg-
ures and points under last nights
close. Sales of $500 bales and tone
quoted very steady. The spot business
In New York maintains Its usual maa-
ger proportions. The market today
was quoted dull at unchanged prices.
Sales Of only 1874 bales.
New Orleans appears at last to have
relaxed Its tenacious disposition to hold
up the market and stop further de
cline That market today was less
firm At the opening It showed a gain
OF point above yesterdays close, but,
like New York, the opening there
proved the highest for the day and be-
gan to decline at once until a decline
of points was recorded, closing 5
points below the opening and with
loss of to points from yesterdays
close The market there IL reported to
be ane of the dullest ever seen, with
absolutely nothing doing II Is not,
therefore, possible for US TO ascribe
any Influence as operating, at present,
10 deprrss prices outside Of the natural
NOnNlNlnUst which, 10 say Alit lfdhAt wv
not Of an Inspiring nature and do not
promise very much for an immediate
recovery for the market from the pres
ent low range Of prices. The spot mar
ket In New Orleans Is reported very
week, with no cotton sold today, eN-
cent two lots sold after hours yesterday
evening, with the Interior omerlng free
iy The stock OF cotton at New Or
leans Ia now quite factor to be con-
sldered. II is reported at il2.l63 bales.
against 2i6,S97 bales same time last
year. The total sales OF spot cotton
reported from New orleans toSey are
1000 bales by factors and 100 bales by
Z. o. b. brokers, Prices without change
and the tone Of the market called quiet.
Receipts at all ports for the DAY are
"A OOO bales against 1900 bales for came
day last week. with $1,000 same day
last year. New orleans expects tomor-
row 1900 bales, as compared with $500
last year.
There are no new features OF a pro-
nounred character on the surface. The
market IL so very low that any short
selling OF an important character Is
prevented and there Is every appear
ance that there Is some covering OF
shorts Mt every few points drop. There
Is very little addition TO the demand Tor
investment and speculation is therefore
very Indifferent. The demand from
both splnners and exporters continues
yery light and unsatisfactory. while the
import duty recently Imposed on COTTON
goods by the nast India authorities
amounting 10 per cent, which goes
mo erect January 10, Is having tie
erfect 10 discourage Manchester spin
nn-s who are already struggling
AGAINST adverse trade conditions
Grain.
,I,pealx q Co.'S Chicago letter from
Ismson Bros. & CO. says.
f1hieago. H., Dec. 20.--The good FEEL
,,,s. In whent continues, regardless Of
thn narrow range 70 which prices are
cnnfined. owing TO lack NJ speculation
y,hs foreltsn situation displayed a some
.,,i,ot hetfer tone and with the liberal
.is sranccs. about 100000 bushels OF
Nj eat and -four for the total Atlantic
70 Is. the greater portion OF ths trAnu
IN on the huying Side, News lh EtH-
ersI had a hullish tone, WINE tne es -
demand Is becoming quite tactor ~
900 bushels red WINTER was "o,i 49,,
Xr,i, who has been a free buyer IN
INA market, reports four loads taken
20, Antwerp. and also says 100000 nave
hrsn worried the past two days ior
ErSnch account. Receipts In the North
wont IL IS true. CONTINUE 70 oveIfu. IN
,htae of last year, today bringlng 70
IN excpss. while the -four output for
~. week is the smallest for any cores
n,ding period the past TWO or tntes
- o,rs fh6uEh this can be but regarded
temporary feature, y peing pul
saa,s,ien Of time when the mills WIN
ss,ne operations on fun time ~.
~ - arrivals show dropping on u
,an "a bushels from last year
4VS C.,,yynEuas ruled fairly active though
s,tan,isns vera OF a deeldedly I'M
,tef scale, l-ic covering the ehllrs a''s,
iDe,eints were somewhat favorable 70
~ trade early. but Win the pFenl.sH
e,yo cars for tomorrow there was e2i ~
ooiias~,hie com for sale the latter nan
.hs session. There was 4 mouetais
"a 10 transacted in the eash alueie'
III, without much change IN p I,s
~, orts reach 5000 bushels Saoie
.ces rather indifferent. while senli.
, ru OF local trade was soiheNN'''
Hi, -, ,g,.isions-Have done some beilfr'
.,n,,isriy m the fore part Of the ses-
', when holders had O. @ " ~
~. n their credit on the hght y,
~ hogs and better feeling " thr.
eell I, n the yards, Their was reins
MAJ -. ~ iafer and With an inaeeluate
rel,, ri,1sr power prices eased OK :