Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1895-05-25
puN's REVIEW.
Failures for the Week as Compared
with Year Ago.

New York, May PAR. @. Dun &
Co.'s review of trade tomorrow VIII
say; II wheat has been 50 greatly In
1ured by the frosts In May that the
sudden rise OF II cents In two weeks
is justified. the calamity VIII affect an
business prospects. The markets do
not believe IL. for stock does not col
lapse Iron. leather and hides still rise,
and no holder OF wheat would sell at
soc, ~ lower price than had heen
known at this season fer thirty years
prior to 1898 II current reports were
credited. Some Inquiry has undoubted-
ly been sustained. but our dispatches
do not show that 1t Is really serious
The temper is TO be- regardless Of visi-
BILE requirements In the faith that prices
are sure to rise, Western receipts OF
wheat for three weeks have been larger
than last year In spite OF storms and
frosts but the rise has practically
stopped buying for export, Az the
similar rise made In April, 1854. which
was followed by about the lowest
prices then ever known Whether
grain has been greatly injured or not.
foreign markets will take early occa-
sion to fortify themselves from other
sources. The weeks sales hehe have
amounted to- 1b5.00O00O bushels, and
accounts OF damage by frosts and by
insects are SO mixed up that some
traders infer that bugs must wear
overcoats. Corn rose 3-4c during the
week, though much OF the corn killed
may be replnnted; pork rose 90 cents
per barrel, lard &c per 100 pounds and
oats cents Cotton also advanced 3-Sc
during the week with sales OF 1855. 900
bales. current estimates putting the
decrease In acreage at 1876 per cent and
the crop at 7.350000. Even this with
known commercial and spinners'
stocks would have given the world for
year to come more American than
It has ever consumed In year before.
The iron industry gains and the now
lment IL no longer confined 20 prices OF
materials. Better wages at and west
OF Pittshurg convince buyers that
prices must rise, and there have boon
larger sales OF finished products with
about 81 per ton better prices for struc-
tural forms and steel bars, while BeRse-
mer pig has risen TO 81 80 at PittEburE,
The Thomas company has advanced It's
anthracite pig 30 cents and higher
frelghts made southern cost more at
the east. Sales OF rails to May 1 were
1000 tons and deliveries $50 900. both
larger than last year. Nail works are
combining, and coke pool Ia expected
to raise prlces soon. Plttsburg bank
note Withdrawals for pay rolls In the
@past month were S2,3S3,397. against
Sl,obo,blS HSt year ny inc hhHe W0Ikh
Orders this year number 22.029 freight
and seventy-two passenger cars. 5000
more than in the year 1884, but in 1898
and previous years the output WINS
over $1,000 freight cars. Anthracite
coal Is decidedly stronger, and copper
very firm at 10 l-2 cents for lake,
though the April output was about
26G0 tons larger than that OF January.
Purchases OF dry goods in the belief
that urIraa fpugf rise have kant tqNtile
mills fairly busy, but the demand for
cottons seems Stacker on the whole,
and print cloths are a sixteenth weak
err. Failures this week have been POI In
the United States against 1888 last year
and 90 in Canada against IS last year.