Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1895-07-13
More Than is Customary
for July.
VOLUME is VERY HEAVY.
Good Crops and Fair Prices Indicate a
Coming Season of Great
Prosperity.


II. q. Dun & cos. weekly review OF
| trade, which issues tomorrow, Will say:
| The business Hood IL 50 strong aud iipbl
that the conservatives fear 1t may do harm
| Ms out of season In July, but the seasons
|. this year lap over aud crowd each other.
| Many frOsts and rights. 1t is now cri.
| dent, Keep back much business that would
| naturally have been finished before mid
| summer and the delayed accumulation Of
| one season gots Ia the way OF Efforts to
| begin another on time. Hut the volume OF
business, however II may he stated s
| remarkably larger for the month even
| In good year. The exaggerated fears
II believed both able and determined 10
| protect the treasury. and the time draws
| near when the marketing OF new crops
VII turn Into national balance " spec
| ulntlon does not hinder. Tie week has
| bCen notable for Il sensational ial IN
| wheat OF about cents In two days, fol
lowed by \ recovery of cents. th0ngh
Mother nccords with the Interpretation
OF the quite dlsregnrded government re-
port. The sudden drop In prices WIS the
result OF speculative rather than conmer-
clnl Instincts, though exports not haif ns
large rs last year, 2,UJI ,OiJ. Hour includ-
ed from Atlantic ports for two weeks of
July. against i,22T,Oll last year, had their
cmect w. well us western receipts of L.
o3IiIi bushels against 2i5G,plS last
year. The latest news Indicates an cnot-
nous crop or corn. much the largest grown
if weather fnvoS, but the price Is only
J-Sc lower than Il week ago.
Cotton has not changed, though speculn-
tlon still turns wholly on prospects, re
ghrdlcss of enormous stocks carried over.
Ia Europe the manufacture lags, but here
II Is satisfactory.
The weekly output Of Iron was Ill ,10l
tons having risen 1850 tons In June,
aud other furnaces have gone into opera.
tlnn since July /. The rapid rise In prices
has brought into operation many add
tlnnnl works and there is rush to buy
before prices advance further. Influential
manufacturers are sending out warnings
that the rise may easily do mischief, and
prices in fact have already advanced near.
" per cent, In two weeks, but are IL
per cent higher than October 1891. Tho
demand for structural forms IS enormous,
including 5000 tons for No. Broadway,
and rs much more here nud as much In
Chicago In smaller orders. Besscmer pig
has advanced 10 lLlO ut pittsbutg and
wire nails 70 los, both higher than in oc..
tObcr 'Oi. Grey forge 10 1923; structural
beams to 1900, nnl angles to 1850 Cop
per Is stlm ut 1910 and lead at 3,3j, but tin
Is slightly lower at II,
Wool Is stlll advancing with enormous
sales. 12,Ili.OJO for the week. ana IN two
weeks of July 20 lNJ,Ill pounds were sold,
against ll,0Su,55O the same weeks Of 1892
A. the sales are about fonr times the
weekly consumption II Is obyiOus that the
market Il speculative, tut the rise abroad
has set tie country nhlozc, so that western
holders are asking even higher prices than
heretofore, hut buying by most manu-
facturrrs is already affected, and from the
prices now asked for wool some manu-
facturcrs are doubling whether a cores
bonding value ~ goods can he realized.
Labor cuntruVei sizes In wooden mills have
generally resulted against the workers,
although some advance In wages have been
pbtnlned, hut strike Of carpet weavers
| at Philadelphia already affects several
thousand and threatens to include Il great
many more, an advance of I l-2c being
| demanded, while the market Is SO dull
| that manufacturers unltcdly refuse.
| Cotton goods continue active and strong,
labor, The northern mills have taken little
| over 100 900 bales in the past three months,