Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1894-12-29

Winding Up the ycar's Business-The
Number of Failures

New York, Dec. 2s.-R C. Dun &
! Co.'S weekly rcgiew OF trade Will say:
Commercial failures In 1904, az ALREADY
reported number 1922. against 15,2i2
last year; with liabilities OF $3.50. 234, 400.
against 6.779, $50 last year.
Next week the final report for 1894
viii probably include about 400 more
failures. with liabilities OF about $4,000
900. From this account bankers, fnan-
cial and transporting companies are
excluded. Manufacturing failures al
ready number 1856 against 1923 last
year. but the liabilities are only $685.
491. 2s7. against si769ss,Oa1. The trading
ii,bl3 last year, but liabilities
arc only ss7Ses.057 against $780,
062, 233 last year The statement by
sections shows a decrease OF ,Shout two
thirds dn defaulted liabilities in the
middle and central northern states,
one-half IN the west and southv est and
a third In other sections.
Holiday trade has met expectations.
Purchases have been numerous. but
smaller than usual In amount, and
more confined TO needful articles. thus
anticipating ordinary tradeThe volume
OF business represented by clearing
houses exchanges is ~ per cent larger
than last year. but 2i.s per cent less
than the year before, and the daily
cent more than last year. but 25.2 less
than year before. wheat has de-
clned 1-2 cent, though western re-
ceipts have been only l,72l,0 ss bushels.
against 3.10O, s32 for the same week last
year. but since August 1 receipts have
been little larger than last year, and
the visible supply is thu largest known.
Exports In December from both coasts
have been little larger than last
year. but for the crop year about 90
000, 600 bushels smaller. The weatern es-
innate. usually regarded with most
confidence, II that the crop VIII reach
$4,000. 0Oo which will leave for export
with stocks brought over more than
200 100000 bushels OF which only TO-
900 900 have gone abroad.
Corn has declined Sac. with good
receipts. The price Of cotton has not
changed, hut the fact that receipts
from plantations this month have bcen
larger than at the same date last year,
is an obstacle to any rise.
Sales Of wool this month have been
1876. 800 pounds, against 13,0i9.i9T last
yenr md q ,30g, 900 in 1899, and Ohio
XXX has sold n, tic. The market for
iron and steel Is waiting. but the reduc-
ton In wages at the Edgar Thonpson
works, averaging 10 per cent, plainly
indicates the same difficulty which Il
soon in other quarters, that the demand
In consumption does not hnhWer 70 lHe
Increase In production Of pig Iron, The
shipments of rails FOR eleven month1
IRE reckoned at only 900 tons, OF
which only 100000 IL for new roads,
Numerous projects OF steel buildings
are under confederation, but no Inn
portant contract IL reported, 1t gives
come announcement that the Bethlc-
hem works have secured n contract TO
make armor plate for Russia, but the
order for cast pipe for Japan is still In
doubt. Prices have scarcely changed
tnriak the week. although BcBscms r pig
ana blllets are, II anything, n shade
weaker There d. large demand In
nails, but In hardware machinery.
engines and railway stocks and mater
iuls the business IL much depressed
Shipments of boots and shoes from
Boston have been Gi9.lIl tons for the
past two months, against 5s4 2S9 in 1892,
hitherto the largest year, but the DIFF
erence about prices still choclSs oper-
RtiOns.
Failures for tho week have been $50
in the United States. against 5lt last
year and AZ in Canada against Al last
year.