Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1895-02-02
THE REPORT on TRADE MATTERS
WHAT DUN AND BRApsrREETs
HAVE TO SAY ABour 1T.
OF Twenty staple Articles Only Fouy
Have Not Suffered u Deciine--Faii-
ures for the week-Lov Tsmsssa-
ture Causes Some Advance.

New York. Feb. 1.-R. C. Dun &
CO.'S weekly review will say; Things
look better near the close Of this week.
because 1t is believed that new loan
VIII be negotiated. There was need for
relief. since January closed with the
heaviest export OF gold from tho
treasury, s4s, 46s. los. the hope OF a new
loan being the one thing which has
lifted prices during the past few days.
January leaves behind 1t the lowest
average of prices for all commodities
ever known; for cotton, iron and Its
products, wool and silver, the lowest
monthly average ever known; and for
wheat range above the minimum,
but yet declining rapidly toward that
point. Industrial operations have not
materially diminished, though IL has
peen disappointing month, because
Inc general revival expected has not
come. The continued drift of money
TO New York shows scanty commercial
demand In the Interior, and no i'm
provement appears here in commercial
loans. In short. business Is still wait
ing and finds reason for hesitation in
the condition of the treasury. Specula-
tion has not favored producers. Wheat
Is LIZ lower, but Western receipts
We're only l,O22,066 bushels, against
l,oSs,2l1 last year, and with exports
larger than last year, might have
helped prices had not the visible stocks
been so large. Corn Ia 20 lower, with
receipts about half and not as large
as last year. Cotton declined 1850
and closed at the lowest point ever
touched with a N ~ Z 10,
for January. against 5.74c in December
and oslo In January OF last year, The
movement continues large and the
maximum crop estimates are not en-
couraging, but there Is not little hope
that decrease of acreage this year by
concerted action may help the plant
ers. Neither here nor abroad does the
manufacture promise nearly tho max
imum output or consumption. Silver
has been weak and for the month has
made slightly the lowest average ever
known. the output in 1894 being reck-
oned by Wells, Fargo a. Co. at S2S. 49,
Ola, or 45,5SS,9ll ounces. The decrease
was u per cent, while the Increase in
gold was 80 per cent. Iron and steel
look less encouraging in the East and
the demand is disappointing. although
prices are not weaker. The structural
demand is good, but prices are shade
lower.
Textile manufactures cannot score
improvement for the week, for though
print cloths have advanced n shade
the demand for other cotton goods Is
only moderate and prices are unusu-
ally irregular The opening of mems
woolens has continued with even more
general declarationofbellef by domes-
tic manufacturers that they can sus-
tain themselves in medium grades and
a.. NaV,N HUa. "A asI
much hesitation appears and in the
lower grades the extremely low prices
made by foreign dealers seem 10
threaten their manufacture. Wool is
so low that large sales for possible
futures continue and the total at the
chief markets for four weeks has been
30. l57 ,O65 pounds, against 25,727,l50 two
years ago.
Failures for the past week have been
1854 In the United States. against ST.
last year and "a in Canada, against 81
last year.