Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1896-03-21
CAUSES
0fCOntinued Depression
Not Wanting
MANY THINGS INTERFERE WITH
THE RESTORATION OF BUsI-
NESS ACTIVITY.
PRODUCED TOO MUCH
AID VOW THE HOLDERS HAVE
TROUBLE IN UNLOADING.
Mills Are Not Getting orders-nusi-
meas Ia All branches Reviewed
By Dun a Co.
PRODUCED TOO MUCH
AID VOW THE HOLDERS HAVE
TROUBLE In UNLOADING.

New York, March OR. G. Dun &
Co.'s weekly review OF trade, which
Issues Tomorrow, Will say.
Movements towards better things arc
still the exception. There Is better
business IN shoes and small Industries
and there has been a squeezing OF
shot sellers Ia cotton. But the gem
erai tendency Of Industries and prices
If not encouraging, and those VINO
were most hopeful month ago are
still waiting. not so hopefully. for the
expected recovery. Cnuscs Of contiu-
ued depression are not wanting, Bad
weather has cut on much business,
especially in country districts. Some
failures OF consequence have caused
especial caution. The root OF business
troubles Is that In many departments
more wuR produced when prices we're
better and everybody was rushing TO
ouy last year, than they have yet been
able 10 sell That the buying was Of a
nature to anticipate actual cuugump-
ton many months. they were fully
warned, but they had more hope than
usual, and went ON piling up goods,
Some are engaged to-day In the same
hopeful anticipation OF a demand
which has not yet appeared, The
wooden mills, at prices already reduced
below the present years lowest aver
age, and wool that is per cent higher
than II was then, are not getting busi-
ness enough to keen the works in OPP
GRAFTON. C1othicra have taken many
foreign goods; they have failed to mar
ket all they produced last fall. and
they hopu to carry - host Of retailers
whose stocks arc not yet sold
Sales or wool were the smallest In
any week In the year, aud IN tho three
weeks OF March have been g,097 400
pounds OF which 4,57i,O 900 were domcs-
tic, against II 1886 In the same weeks
of 1892, OF which i1,SS3G26 were domcs-
tic The demand for drcss woolenH IN
=till quite fair sharp declines in prices
of cotton goods is the comment of tho
mills on rising cotton. Goods now nv
erage lower than since May, 1895 Print
cloths have declined to l-2, which 4,
only l-16 above the loweat price OF
record, The accumulation OF goods II
the face OF slack and rapidly dimm
iehtne demand hnn caused the clnqlni
OF one OF the largest mills and other
st1a considering u Tho iron indugtricl
show but slight Average decline ii
prices which are still higher than tn,
highest prices OF last year,
Quotations are deceptive because
lower prices are constantly made to SO
cure business. Speculation In cotton
has caught short sellers In trouble nut
Just because they thought prices mus
go lower the shorts are forced TO pu
them up. Such rise may so on with
out regard to supply or demand, bu
neither the government report OF las
week nor the sale IN goods or the clos
Ing Of mills give reason TO expect NOR
than as pcculatlve rise The marke
IN wheat though rather dun, In tn
light OF facts, has been fairly good.
Atlantic exports. Hour included. sho'
n decrease amounting TO laos 0ei hu-t
els for three weeks against b.007 DOS loi
year. The movement OF corn continue
large and prices have declined 10 f.
cash Failures for the week We're y
In the United States against 27s la
year aud 40 in Canada against s5 la,
year