Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1895-01-12

"eNiew OF the Market. On Leased
Wire Information.

/
/ n, III, ~. worm, Jan. li.--ln their review
OF cotton McPeak & Co. say:
Prices on this side al the opcning ,ver.
W 70 points on fraotlonally better
LlserpooL This ad yancc however, was
nnt maintained on either side and prlces
s.aluslly ensed on. 10 last nIeht's final
louays session has been the duilest
WITNESSED N since the summer months. At
uInes mere was absolutely nothing
u'ills; me market assuming the form Of
molluay character. The closing was
uI,i a. 4 point above last nights prices,
tracts. :" NJ" 10TH con-
Liverpool closing was quiet at prao-
uVally unchanged figures from yestcr-
SSag 3 nnai' while spots were i-32 lower
SPot SAFES 10000 bales. Receipts IA Oo0
81 Whlch 1900 We're American. Snots
IN New York and New Orleans were nm.
ehhhsed. The former dun and easy
s wlSh no sales and the latter quiet with
oiey SAFES by factors and 1000 to arrive
,hat 20 very nght. Contract sales in
that market were only lO,sOO bales
Port receipts today were exceedin,i,
ndaapge. showing about 1900 against g.
WV same time last year. Total ano,,nt
received since last Friday 2lO, $40 against
l4S'VSE Since September 5.530 OD5
against 4,42iS6i. Stock l,1si792 against
l,ISU'do' The amount come into sight
ior me week was 2lO49l. Total amount
" sight since September l. 7.226. 900. or
this amount, Texas. as stated in our
n 49, e. oi yesterday, has contributed o.
SoVVuV, leaving balance of only about
4,sOOOOO bales from all the other cotton
states.
Ihe present situation Is one OF un-
certainty. convention or farmers,
which recently met I'm Jackson, Miss,
resolved to reduce the acreage Of this
years crop, but whether ANYTHING
further viii come Of this resolution re-
mains to be seen In the distant future.
ana IN the meantime the country has an
enormous amount Of actual cotton on
hand, and the question Of the hour is,
what Will We do with It.
Grain.
The Chicago grain letter to r. G.
McPeak & Co, from Lamson Bros. &
Co. says:
Chicago, ILL.,, Jan, 1.-THE governs
ment report yesterday had practically
no eHect on the market. Shortly after
the opening 1t was reported that about
10000 bushels of wheat had been
bought here for export. also 100. 600
bushels taken from st. Louis. The fur
Their report Of 10000 bushels Manitoba
wheat taken from Buffalo to be shipped
back to Canadian Mills. These reports
started shorts to buying, causing anoth-
er sharp advance, but as has been the
case for the last ten days when the
price touched IS 10, offerings became
very large, causing n heavy declining
market. Reports from foreign markets
were somewhat conflicting while the
public cables We're bullish and reported
l-2c advance. New York parties report
IL to l-2 lower
Of .g..t
100000, export clearances 500 600, while
the legitimate situation seems to be
growing stronger. The market does
not give much encouragement to would
be investors
Corn-Opencd with a slight decline,
but Immediately advanced about l-9c
bushcl, due probably TO the bullish
feeling in wheat and the government
report. Later the demand seemed to be
merely nominal, and required very little
EFFORT by the shorts TO depress prices
back to the opening figures.
Decentralization point to
another large run OF hogs FOR next
week. Farmers deliveries at stations
yesterday were apparently the largest
OF the season. outside spectators are
becoming discouraged at the accumula-
ton of stocks and are inclined to stop
any loss by disposal Of their holdings.
The action Of the entire market today,
both grain and provisions. was not
such as would be at all gratifying To
the bulls. LAMSON BROS, & co.