Fort Worth Gazette. (Fort Worth, Tex.), Vol. 15, No. 351, Ed. 1, Thursday, October 1, 1891 Page: 5 of 8
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Both the mcthtjfi and faults when
vrup of Fit s i taken it 13 pleasant
end refreshing to the taste aud acta
fmtly jet promptly on the Kidneys
liver and Bowel pkauses the ejs
V m cfi ritually djS pels colds nead
nhes and Severs and cures hahitual
tontipation Syrup of Figs is the
only remedy of its kind ever pro-
duced pleasing tothe taste aad ae
icptnljle to the stomach prompt in
itya eiT3ftand truly beneficial in its
c cts prepared only from the rAost
healthy ud jeeable suhatance its
many esc TeutqiHitreTcftrnmcnd it
to all and have made it the iuost
popular remedy knova
Hymp of Fij is far sale in 5ks
and SI bottles by all fading drug-
gists Any reliable drqggist wh <
niay not have it on ban will pr >
rare it promptly for any ne who
wishes to try it Do aot accept any
substitute
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TORE COApAIZ S
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i F HAWEES Kaiipto Opician
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pice T MtehaU street Atlanta t > l
I Mtnton the Fort Woroh Gazel
Subscribe for the V
Main
FZtsrfVTr Wy
MARKET FOR OUR CROPS
EUROPE
LIKELY TO NEED ALL
OUR WHEAT
Thl Will be ft Banner Year In tho History
of the Kxport Trade lu the United
Statti Cotton Unsettled
New York Sept 20 Wheat There ap-
peals to bo no controlling element in the
wheat market at the present time both fac-
tions are equally nervous anil the trade in
General seems totally at loss to know ex-
actly what to do under the existing circum-
stances If the public were in the market
to any creat extent the condition of affairs
would be different for they arc as a rule
believers in wheat and business from the
outside would undoubtedly mean 1 brisk
speculative demand and a bull market A =
it is however the professionals are prac-
tically left to themselves and as their sen-
timents are usually shortlived their trad-
ing is spasmodic and it makes little
diTerence on which side of the markei they
make their turns so long as they make
thiin As a consequence the fluctuations
during tho week have been extremely ir
Tjrulur nith the market for the most pan
m a nervous and uncertain condition In
tho early part of the week there was con-
siderable feverish covering by tho shorts
on a sharp advance in the Liverpool mar-
ket and a rehash of the subject Starving
Itussia Continental markets however
did not respond to the strength in English
markets and as a consequence prices here
dropped back to their old figures with
Russia still starving The next item of
news was the announcement of the suspen-
sion of S V White Co which was the
means of breaking the corn market wide
open and bringing wheat down with it
though not to the extent of over 2 cents per
bushel Considerable long wheat was
hrovui on the market at this time and it
was thought that1 large portion of it was
for the account of the suspended firm butit
was afterwards learned that their interest
111 the wheat market if any was insig-
nificant Ihe traders however lost no
time 111 taking advantage of the occasion to
pound prices and the effect of thei tem-
porarily bearish proclivities was aided lry
easier foreign markets some European
selling and later in the week reports of
lue exports of wheat and re fiom the
Islack sea ard numerous freight engage-
ments at the sime place Krneued activity
lnjiie money market also made itself felt
Xh e wctlier at present is still a very im-
portant factor in the market and for the
Just week or tea daj s Providence seems to
have favored the bulls Extremely wet
and stormy weather in Western Europe
and the United Kingdom is said to have re-
sulted in considerable damage to cropscom
ing at a time when the reverse is needed
for the successful gathering in of the har-
vest and at home the weather in the West
has been lop drv for the sowing of winter
wheat whii h operation is in consequence
beiug delayed and may mean a rather late
ciopSext year and possibly a decreased
acreage still prognostications as to next
gears yield are hardly in order as yet al
thiiueh the practice in spcculativo circles
fit discounting coming events has brought
tiic matter into some prominence The re-
ceipts at interior points have fallen off some
during the past few dais but the country
moviiniut is brisk and they are expected
ii > mi reuse again shortly These anivals
from the 1st ofI ulv to the middle of Sep
temut r luxe been OlCOOl bushels against
72 000 bushels during the same peri
last j 1 ar but owing to the heavy evports
oar 1s1ble supply is only about Cuui > 000
bushels larger thn it was last jear at this
lime being 2414fGH bushels against 17
GIOlSy bushels in 1MI0 These exports con-
tinue at large figures and although the
fclearanceaJfrom the eaboaid are somewhat
smaller than they were last week there is
little or too tailing off 111 the engagements
forslufnnent The European situation un
uVn les no improvement and in view of the
extremely unfavorable conditions abroad
tliis will undoubtedly be a banner jearin
life history of the export trade in tho United
Stales liuiope is likely to need as much
wheat as we can spare this year and the
season is bound to be an active one in the
speculative marketwith rapid iluctuations
and the general course of prices in the long
run in favor of the bulls but the market
must be watched closely in order to take
advantage of the breaks
MrCbm Tho corn market has been the
cynosure for all eyes duringthe week
owing to the sudden and unexpected termi-
nation of the deal which was being carried
oa by the clique The unfavorable weather
which until lately lias existed in the corn belt
was the means of inducing farmers to hold-
back their old corn in anticipation of higher
prices on the new crop ami this condition
of affairs was utilized by the cliquo as the
basis of a bull operation and a prospective
comer in the old crop months It was gen-
erally thought that they owned a suflicient
iiUnniy of the old corn throughout the
country to prevent disaster to their schemes
ftlnough free deliveries on sellers con
trutsJ and in their own good time would be
enabled lo put tho screws on to shorts w ith
no little success The long period of fine
niwing weather however disgusted hold
ci s in the interior and resulted in the mar
ketine of heavy lines of corn which the
cque was obliged to receive and pay for
The quantity of the leceipts was such as to
completely dismay the parties running the
deal and as they were unable to stand the
pressure financially they were obliged to l
throw over their load which resulted in the
sharp break in prices Tho invisible suj
tilj was much larger than had been counted 1
ol and as one critic expresses it is an <
ample of what monumental liap lhe
Western farmers can bo when giving an ac
Uouih of tho stocks on hand At the decline
there was some covering by shorts to take
piorts and this with the good export de
mard brought about an unexpected reac-
tion but it was of short duration as re-
newed liquidation by the longs caused the
niaket to again become heavj
Provisions have enjoyed a fair amount of
iLlity but the course of the market has
been generally downward owing to the
weakness in cereals The failure already
lelerredto had a very unsettling effect as
thehousowas credited with being long of
> ork and some of the large traders ham
mered tho market in anticipation of free
linuidation There is a good foreign de
mand for meats at present and there has
ben quite a reduction in stocks at the
V est but tho packers are inclined to bo
bearish selling freely on every bulge and
receipts of live hogs show no marked fall
ine off
Cotton The cotton market has been very
irregular and erratic with the tendency
upwaid and at times making sharp ad-
vances in the face of bearish surroundings
and exhibiting remarkable recuperative
powers after each break The port re-
ceipts exceeded even those or last year but
they form uo indication of the quantity to
follow as cotton is being rushed rapidly to
market owing to the general money strin
gency in the South and consequent desire
to take advantage of the improved prices
bpinncrs throughout tho world have been
educated to the belief in low prices and
have made but few contracts ahead as com-
pared with previous years but now the
opinion is spreading that the crop has been
ut off considerably and large contracts
in being made for future delivery The
crop accounts are conflicting but on the
w hole show no improvement and the pros-
pects are against anything like a full yield
i ho top crop especially is expected to be
much smaller than last year owing to the
unfavorable weather since August 1 Bom-
bay estimates make the cotton planted less
than last year but tho crop prospects are
geuerally favorable throughout India The
continent still holds a large stock of old
coon and the new receipts must depend
upon Liverpool for an outlet Tho Liver-
pool market is alternately higher and
lower with no special features directing its
course but somewhat favoring tho bull
sdeoa account of cthe uncertainty of the
crop a d an improvement in the Manches-
ter trade where a larger business has been
done at previous prices Our Fall River
house wires Cotton continues in small
demand owing to the unsettled condition
Print cioths are firm with large sales this
week at 3c Visible supply 1733815
bales last year 1210231 bales Stock at
1 States ports 492230 bales last
ajO bales
t < 7
r > p gjvv = i r it ygygr jr t vVssr t 1 r
THE GAZETTE FT WORTH TEXAS THURSDAY OCTOBER 1
f Lf
< r
TOO bales last year 20T > bales Liver-
pool stocks all kinds 711000 bales last
year > 72UOO bales Bombay receipts for
week 3000 bales last year 3000 bales
Expoits since September 143141 bales
last year 231217 bales
Coffee The weeks trading has brought
about a complete collapse of the bulls and
it now seems as if prices had about touched
bottom for the moment although the
market is so nervous that any fresh selling
movement would carry prices still lower
Europe has been the most prominent seller
and Rio has helped along by firm offers at
the lowest quotations thus far The lowest
price for options wa made on Wednesday
when tho market fo a time seemed almost
demoralized and tho bulk of tho long coffee
was then forced out After this the
market although very irregular seemed to
be getting into better shape and for the
moment it looks as if the pressure was over
and that a rally in prices might now bo in
order Of course with such an exchange
market the street business was at a stand-
still with merely nominal quotations of
1414f c with a salo of 500 bags to arrive
per Pine Branch at lSKe with a firm
offer on a later arrival at ll c cost and
freight which was not placed UeceiDts
have fallen off somewhat at Rio and Santos
owiug to reported difficulty in getting
transportation facilities but the delay will
probably soon bo remedied The receipts
at Rio from July 1 to September 2 Ib91
are 1120000 bags for the same time in
1S30 039000 bags and in lfiSO 323000 bags
For same periods at kantos 101 012000
bags lb00O74000 bags 1S39 517000 bacs
Stock in New York 149479 batrs in the
United StatesAlo5437 bags Visible sup-
ply including ailoats 459427 bazs Stock
in Rio 324000 Bags in Santo 221000 bags
J IIllMtr CLEWSiCo
r
r <
HQJfSFORDS ACS HOSPHfTE
forl ckurer tescligi9 tuU ntsjclcr yincn
t lawyers aA < 1 bralntworkers generally
2 J t
THf NEW TEXAS PORT
SIXTY VESSELS RUNNING REGU-
LARLY TO VELASCO
Tlio Demand for Lumber Cannot bo Sap
plied Contracts for Houses Beine
Cloied Dally A Bnsy Scene
Special to the Gazette
Velasco Tex Sept 30 The extremely
bad weather sinco the 25th has put afem
porary check upon business of all Jtinds
including real estate sales and housjr build-
ing Tl lack of sufficient hotel jrccommo
datious 4ir the visitors who arrive daily is
a great dfcnvback but this wilLjfbt continue
long as t large hotel Veifeco is ap-
proaching Completion aniLpadditions aro
being madeV nearly everfboarding house
here and at Cfcintana 3 6 rains have de-
layed the proicss of grilling on the line of
railroad being Miilt irojf here to Chenango
on the Houstonid QJlunibia Tap of the
International an
contractors infon
ability to completi
1 There is a co
Quintana side of
down between
Bernard along aj
umbiathat was
Columbia twei
and abandonei
company that An out of funi
t Northern but the
r 0 they are sure of their
e work by November
isVif surveyors on the
e liver running a line
e Btazos and tho San
proposed line is said to be an
old g de near West Col
tartcd Vrom Wharton to
or twenVffive years ago
its
origf ators a local
Tho present
Uterprise of
the Aransas system coming to tho mouth
of the river from Giddings It is this line
that will when finished afford a long needed
outlet for the trade of Matagorda county
and give Wharton a competing line For a
week past almost continuous eastern and
northeast winds have kept the gulf Tery
rough outside the jetties and delayed the
arrival of twelve or fourteen large schoon-
ers with cargoes of lumber and railroad
ties from East Texas and Louisiana ports
Yesterday afternoon an appearance of
clear weather induced half a dozen of the
largest vessels that were anchored in the
river to sail for Orange and Lake Charles
but It is probable they were caught out in
a brisk gale last night
There aro about ixty vessels large and
small now running regularly to this port
not counting the steam packets and tugs in
the river trade or between Velasco and
Galveston by way of the Brazoria canal and
the connecting chain of shallow bays along
the upper coast This fleet however sup
plemented by a line of barges towed by the
steamer Seminole has been insufficient for
several weeks past to keep uo the supply of
PvEf22 jftS BRfEJWIISrCr C O 1VE IP A 2ST S IF O K T WORTH TEXAS
lumber and contracts for tho delivery of
uearl > 4300000 feet will soon be due re-
quiring an extension of timo or a laife in-
crease in the uumben of vessels
The completion of tho before
mentioned railroad line to Chenango
will of course relieve this blockade but the
trouble now is the immediate want of build-
ing material contracts for houses both
business and residence being closed at the
rate of seven or eight per day not counting
small cottages etc The work of putting
tho finishing caps on the jetties is piogress
ing as the latter iettle enough to prevent
any danger of the caps cracking This cap
is composed of a mixture of cement and
broken granite tho litter brought here in
seven large vessels from New York whose
arrivals were uoled in Tun titzrriF As
this finishing work will only require eight
een or twenty laborers it will pi obably be
seven or nine months before it is coniploitu
In the meailime the xiver channctirom
Quintana to Velasco is being imujpTrcd b
wing dams taut prevent civiiijr if banks
and ccause a iow uniforai fupth in the
stream
On the stcaYiship wtufvfs and docks
w Inch will be anVng thirinost extensive in
America the couSgtil Brs are hurrying work
as fast as possibMyand recently doubled
their force of lat rArs It would tax even
Tun GAZETTEafApacAfo give a list of ar-
rivals namesj ere T hey are from every-
where betwjfcnTacouia Wash and Mazat
lan Mcxii from New England to Cali-
fornia Some come with money look
around a f w hours at longest a day or two
buy and Bint up a carpenter and u lumber
dealer Others want to look only at
farming lands in the county iisil a small
class are hereon a venture waiting for
something to tlirn up and and anxiously
inquiring about those free lots they
heard of before coining Those free lot
Bryan family atQuintana to some of their
upcountry friends who built suikmcr resi-
dences thereon There are not Jior ever
have been any free lots offered iu Velasco
and except those just mentioned none in
Quintana
Tho fishing and hunting is very good
throughout the county this fall better old
woodsmen say than for several years past
and I uevcr saw finer oysters anywhere
than aro brought to town by wagon loads
cery day dripping from their native elements
v
ments
In some future letter I w ill give you a
few points on tarpon fishing bear hunting
etc that may interest those of your young
readers who are not caring much about the
upbuilding of new towns or tho opening of
a great deep water harbor Foiietoi
Dont worry
that worn and fadi
of Creole Female
pallid cheeks to
learancr
and family
Get a
will changi
e of health
pi
VIEWS OF A LONDON FANCIER
What Mr Walter Del Iar Thinks of the
Koney Outlook In Europe
and America
The following letter of general interest
has been received by Mr T J Hurley of
Fort Worth I
7S Old Bko4d Street 1
LOXDOS E C > ept 161SS1 f
My Pear Hurley
My views on the financial outlook are
based on the good crops in AInerica and the
poor ones in Europe antlrl am a most san-
guine Tutpn American railway securities
and on gnfln And iSls is my creed
1 I belieflLEuroao will require 250000
000 bushels oVvjAat 300000000 bushels of
corn and all UJJother grain and provisions
that AmericarfaU spare
2 I belie thaf ia railroads will have
no inducemiit to cut rates and the farmers
no desire t promote adverse legislation
3 1 beliewe that the above conditions are
so well recognized here that Europe will on
balancebuy American railway securities in-
stead of seUlngas was the case for the year
ending August 11E91
4 1 believe the Continent must pay for a
large proportion of its purchases of food in
gold and that England must do the same to
a more moderate extent I therefore look
for a gold movement to America extending
well into nest year
5 I believe that any stringency of money
in New York would bring its own immedi-
ate relief by accelerating the imports of
gold and while active business may and
probably will give you an active and higher
money market I believe there will be
squeezes
O I bj Ievu tL 3o ii higher prii
iu inoj a w a ra l viji and tkratt
WEOFFER THE
ahd Salesroohi at TexasBmwiny Company3
Prices and
rperjrrfs
T
nm
XlUiC5
ortH ortIi Ie2sas
Will do it For every dollar received we will send to you for one year
n
12 pages 84 columns and another copy Free One Year to any person
you name Outside the State of Texas
THE GAZETTE has for eight years been a willing and liberal worker in behalf of Texasy a
to have awakened to the of J j
necessity effort and to the benefit to accrue to this
of its resources and progress in agriculture stock farming minim
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ETTE
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were some three or four presented by th f cnds us the name for one year or two names for six months to whom he wishes the WEEKLY GAZETTE sent octsue the sUte
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This office must receive 1 in full for the paid subscription And
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the rise already scored but a preliminary
canter
7 I believe in reaction from time to time
owing to the European political situation
and to the possibilty later on of a financial
breakdown in Berlin or Paris on account
of light money markets in consequence of
gold exports to America or to realizations
by large htVders after ad important ad
vance
S I believe 3uch reactions wiU be only
temporary anuVroMoly never more than
frJm 3 to 5 per cejr in active securities I
take it for gra Vd that congress will do
nothing to distub confidence when it meets
December
You now hjXe my vieVs but I must add
something I faowr It is this that the risa
in Americas during the last month has
made a market by sympathy in South Amer-
ica bonds and has enabled the cripped
bankers to get on their legs again so that
the position in London is such that nothing
short of a political cyclone will bring down
even tho weakest of them Yours sin
cerely J v Walter Del Mar
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ItfCallde cried r Castarim
WWfoeJEecasiajKuK shBAes to Cutorim
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Easy Terms
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Texatt
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Fort Worth Gazette. (Fort Worth, Tex.), Vol. 15, No. 351, Ed. 1, Thursday, October 1, 1891, newspaper, October 1, 1891; Fort Worth, Texas. (https://texashistory.unt.edu/ark:/67531/metapth89821/m1/5/: accessed April 30, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; .