The Waco daily examiner. [volume] (Waco, Tex.) 187?-1888, 1883-08-16
lex, IT'D


Nrw YomK, August 10 The day
opened with an improved feeling III
financial circles and the mIrkcts for ne
curltles showed an adva cling tendency.
Efforts were mad 10 break NcHtorn
Union and other stocks, which yielded
mumrnturHy, but short were evidently
anxious 10 cover, and under their pur-
chasrs the market advanced i, to "a
Dealings were large, aud attended with
much excitement,
Railway stock steady. Brokers who
live ont Of town, as most brokers do ut
this time of year, took he early trains
to the city tins morning, and Wall street
waB live long before the usual hour.
Ia Windsor hotel last night there was
talk about another serious break in the
market this morning Such rpmurs
mad brokers anxious to be on the Apu.
Ia look after their own aud their cuatD-
mer-' interest. Humid eds ut Wall street
N u u Nuy on vacations were summoned
10y Telegraph last evening and at 10 TINS
morning tho stock exchange presented
uu uuuHual npp ournnCc for the middle oi
August Thee wer' groups Of well
known brokers IN every office window,
AMI messenger boys were actually run
ming before business began on the floor
81 the stock exchange. The visiturA
galleries wcro crowded with people VIII,
came to scc Il wild scene aud were diAap-
pointed, There was apparently II restu.
ration NJ confidence to very consdcru-
bile extent IN the stock market in the
morning.
The rumors circulated last night all
proved without foundation The mar
ket opened T. to point higher. Later
Canada Southern continued alternately
strong and HteHiy throughout the wen
/ iug, the result ~ the trading up to l23D
/ hrmg an advance or 10 3 4 on the ll-t
Of active stock over the c.uaiug quutn.
tons last night, the largest extreme nd-
vance being Oregon and TRANSIT Cont
mental and Northern Pacific ~ on both
common and prcf,rrcd Erie pa, Cen.
trail Pacific 2 a, burlington aud Quincy
2, Wabash IL TO Ia, Canada south
ern aud Illinois Ceutral -,
st. Paul IS, Denyer, Union Pacific aud
Jersey Central llg, LackawauuH, North
western aud Omaha each Is, Louisville
and Nashville 4, Kan IA and Texas
ia, Canada Pacific, Reading, and Texas
Pacific each |, From these extreme adj
vanccs there was reaction Of i 10 ]
per cent a out noon, but rhls reaction
was again partly recovered by ~ 80
leaving the net advances Tor the fore
noon only little below the extreme nd
ynuccs above stated At Que tim,
tho opening IN Western Union WA
weak and declined ~ from Las
nights closing price to 1915. It ~
towards alyanc d to - l., ine adyunc,
OF the morning wus made In the iarc %
pIivy sale, OF operator, buying .yr-tcrda,
aud binding TIE temptation t. realize o.,
suOng to resist. The bOuyanuy III price
. wac considered almost remarkable un thr
account. TIE weakness was attribute,
to the operator, strike and cuH-cquCn
lHSs Of business together with pro pee
D tivc mpetifiOl. Denver ant Rio Graud
81 ] X, Houston and ieNqs CrulrIl 10. Nj.
f -Ouu, Kansas amt Texas ~, Missouri
e Poetic %, Iryus Pacific.
Stock alea up b. l230 were abou
2j,WO shares. After 1890 the mnrke
] was at first very strong sud there wGs
. further udyance Of to per cent
, Inter Northern Pacific, common an,
, preferred, advanced to ~ and - 4 ,bu
after | O'clock, ON the announcement
Of the failure Of T.. O. Steadmau \ Co
, there was reaction Of to ia, th
b attcr in Oregon aud Trans. Coutnenta
/ 10 G35g. Northern Pacific, common
also lost Its advance u = The decliu