Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1895-03-09
TRADE PROSPECTS ARE BETTER.
PARTLY DUE TO THE ADJOURN
SIENT OF CONGRESS.
The Failures for the Past Week
Compared with Those Year Ago.
The Hank ClenrinEs of the prin-
cIpnI Cities-Finnncial Review,
NEW YORK, March s


Bradstreets tomorrow will say: The
general business situation shows more
Enforcement. From several centers
this is declared due, in part, to the
adjournment Of congress and to some
extent the better weather Gains are
shown in Improved demand for labor
and other building materials and in
receipt Of larger orders for structural
iron and steel, together with the alb
sorption of available stocks of Besse-
mer pig iron. In almost all directions
jobbers report Increased sales Of sta
pie dry goods, hats, shoes, millinery
and hardware. Fine foreign wooden
goods continue to attract the special
attention heretofore reported and are
competing successfully with corre-
sponding American grades. London
wool sales report a moderate price and
stronger market
Speculation in New York stock mar
ket Is on a limited scale, and attracts
none but professional participants,
Bonds are neglected Silver held
firm. Foreign exchange is shade
weaker at l,s9 for demand sterling. The
bond syndicate continues to sell long
sterling TO houses who might be ship
pers of gold.
The tendency of the prices remains as
heretofore. an advance being reported
in shoes, which has checked the vol
ume Of business for fall delivery in
cotton, due, as alleged. to spread
OF confidence in the prospect for n
reduced cotton acreage. lard, pork, re-
fined sugar, Indian corn, live hogs,
and leather, the latter having advanced
sharply. Bessemer pig iron is un-
changed, despite the market being
cleared Of available supplies and lum-
Der, while nominally unchanged, is
firm, with an upward tendency.
Cotton goods generally are weaker,
and print cloths once more down to
. l-2c for 81 squares.
Wheat and oats have reacted, as have
butter and eggs and live cattle.
The reduction In price of steel bill
lets at Pittsburg is a surprising fea-
ture. The continuance of the move
ment of merchandise Is at about low
ebb during February, as indicated by
gross earnings OF Sc OF the larger rail-
road companies for that month, which
was reported to Bradstreets aggre-
gate s2i 900 about "A per cent OF the
| total, n decrease Of is per cent from
the like period last year. when the
falling off compared with February
1898. was IL per cent?.
| The regular monthly report on wheat
stocks, United States and Canada, for
! February. shows a decrease OF 9,4s9, 600
! bushels three times the falling Off in
| February last year, while the January
1 and February decrease 16,i6S, 900 BUSH
/ els. four times the falling off in the
| like period Of 1891. The February de-
crease here. in Europe and atioat for
| Europe was 10000 bushels, compared
with an Increase of about 100, 900 BUSH
els each in February one and two years
ago For two months this year, the
worlds available supply fell short OF
100000, against decrease OF G.OO0,-
600 In two months OF last year and OF
100000 In two months OF 1898.
IL like exceptional decrease are To fol-
low during the remaining months OF
the cereal year the effect on the vlsI-
BILE supply and on prices should be
marked. Exports Of wheat, both coasts
of the United States, this week, have
increased sharply. aggregating 3,272, Don
bushels, against 1859, 900 bushels last
week, 2,5Sl,O0O bushels in the week a
year ago; about the same quantity
swo years ago and as compared with
S,75i,0o0 bushels in the first week OF
March, 1892
Trade at Toronto has been checked
by q bad country roads and this has
its effect upon the produce market.