Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1894-09-01
BUSINESS OF THE WEEK.
HEAVY ISoRnAsH IN IMPORTS AND
TRADE GOODS.
rho Uncertainty About the Tarin bns
Resulted In Heavy Entries OF FOR
eigu Goods since the New Diii be-
cnmc "a Law-'rhe situation.

New York, Aug. 81. --R. q. Dun %
Co.'s weekly review OF trade will say
Thc activity which CT me with exhaust
ed stock and the pressure OF delayed
fall demands was increased by the re-
movnl o. uncertainty about tho tarih,
and has continued with heavy entries
of foreign goods since the bill became
law. The gain is not yet what was ex-
pectel, and business. II good In COM
parison with last year. is still poor In
comparison with years preceding.
Presumably there has not been time
to feel tho full effects OF the change
and q gradual gain Will be moro
healthy and encouraging than a spas
modio Elsa, but the expansion OF COM
morciai loans has suddenly ceased,
prices OF manufactured products show
woakneEA rather than strength and
there has been n reaction In the stock
market. Prices of railway stocks aver
age 20 per cent and of trust atock I'll
per cent per share lower than a week
ago, Wheat moves largely and West
ern receipts were 5.76g,770 bushels for tho
week. against 2029.9O1 last year, and
for August 2s,500,0O0 bushels, against
lB.s0O.O0O last year. which does not ut
short crop predictions. Atlantic ex-
ports for the same month have been
only 100000 bushels. against $4,000
900 last year, and the price has risen "a
shade during the week, Receipts or
corn arc only 1,fss, 302 bushels, against
tho ky4glf Inst
while exports are Insignificant and the
prloea have advanced l-2c, while pork
hns ris1n 25c per barrel and lard bbc
per 100 pounds. Fears OF frost, the crop
bslng late, are argued AS G. reason for
quotations otherwise unwarrlnted.
Cotton has declined l-Sc fot the week
but the year closes with livery indl-
cation OF Yield materially exceeding
the worlds maximum consumption OF
American and with 100000 bales OF
old cotton In sight. II all mills were
running full force the Bitup ton would
not promise much. The demand for
products for iron and steel has In
creased, but prices tend downward
where any change appears, as there Is
not enough business yet to employ the
works In operation, Steel bars are sold
at 1 cent at Pittsburgh and wire nails
at los, with Besaemer Iron at SLIGO,
several additional furnaces having
gone into blast this week. An eneour-
aging sole OF 10000 bundles OF cotton
ties In competition with foreign tiea.
duty free, warrants hope that current
prioss In other branches may be low
enough to meet the coming rivalry and
n sale OF meaaba ore at i225 delivered
at lower lake ports 10 reported. There
10 a better demand for structural work.
though one considerable contract for
Cuba was broken on by the advance
III Spanish duties,
Failures are still few and small. For
the third week OF August reported lia-
billties were s2,978,BiS, but for three
weeks only Ss,2li,i7O. OF which Sg,s.5,23S
were OF manufacturing aud sa,ssi.4l6
OF trading concernH, The average Il
only 1881 per firm failing. The fall
ures this week have been iss IN the
United States against 1855 last year, and
40 In Canada against 30 last year.