Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1883-08-14
New York.

New York, August B.-Money easy at ;, ~
Closed at2.
prime mercantile paper 5@0.
sterling exchange, bankablc bills, weak;
IS: sight Sd4.
Three per cent. bonds-s's l0.A.
Coupons, 4l5is--i,l24t
Coupons. ASH lS5s.
New York August l3.-.rhe break in prices
to-day is due entirely 10 tho attack by The
bears. as there IS nothing new in The imam
G III situation which would cause the sharp
decline Many operators bought on the
break s,atu, day for q tnin, but thea we've
shaken ont this morning, and this aceolcra-
ted The decline, There are The usual runners
Rfuat OF financial embarrassment Of individ-
uals and firms, bur no names are given.
Governments lower for rs il<'s
Railways II rectiou better; some issues.
stale securities dull.
stock market opened very nervous aud
firm. ut IA y lower Than closing Saturday;
there was immediate and q tiNe selling by
good many holders OF iong STOCK rs wei -
by bears. and in the first - minutes further
decline ranged from NkGala, The latter on
omaha, For the next fifteen minutes there
was u iirmerfeeing ana there was an upward
reaction OF nom lA@.%; later Western
Union 10 ~ past this recover rom Id%3t.
latter on Jersey Central ana oregon aud
Transcontlnental was, however, lost in The
next twenty minutes, though the market
remained comparatively steady NJ l22O
u cleck and some stocks were run IN TO the
opening prices of TO-DAY, viz; Lackawannh
Western Union, ST. Paul Rea ling, New YORK
IL,
Denvcr. All other STOCKS We're lower than
opening prices, and all stocks on the list
were below closing prices saturday. Trans
actions for the first hour and half aggreg ,ted
2l50 shares. After 1890 n savage attack was
made on the market force, which was direct
eolagainst the oregon and l1ltnscontincntel.
whicl, was steadily hammered by sales OF
about II ,U01 shares rom GiA ut 1880 down 10
81 at about l.3u but from which 1t rapidly
reacted 10 Sc: reacted by two o'clock TO u;
outside of this stock a decline In The honr To
\, L6,t 4. no IL
cI hc declined TO h2iS, Richmond & Danvilie
81! to ~; Union Pacific preferred, . per cent.
to7s Union Pacific common Declined 10 ,'@Ss'
isyilie Il Nashville ~ To 10; ON Lackawanna
i2l; ~ on Texas Pacific To ~ ~ on ~. Pau
No. ~ ON Western Union 75}s; " on Mo.
on Canada tactic 10 jie4; ~ on Kansas &
Texas 70 IA; ON Denver q
Rio Gsande 70 ,a on Jersey ,e cr f.ana
these extreme declines there was . pretty
general recovery before TWO o'clock which IN
the ease OF the OREGON ana 1rahseontln.nlal
as STATED above there was q recovery OF two
uer cent aud nom y 10 Va on the remainder
OF the list: this r. covery however zen PR rs
largely below those at l2Hh' IN me last hpur
The market was nj first weaker. ana there
was a further decline OF percent on NORM
western, aud "a To X on the remainder OF Tue
list; later Missouri Paeihe preferred de-
cliied 10 7s3z, and ~. Paul to pSA
aud ~ on oregon 1ranscontnental between
:3u aud $40 recoveredM 10 yer cent, the
latter on Northwestern, 10 W, ~ tnis re-
cDyery was lost before the close, which. how
ever. was friner. In the hnal dealings Den.
yer sold az ~, 2ils, 3 ~. Lake shore and New
YORK central We're almost the only stocks
that were very firm. At the close Manltom
was weak and declined nom 1914 to l0,5k, the
last price being lOI.
The suspension OF the commission ana
stock brokerage house Of Cecil. Ward q 60.
was announce on IN. stock exchange after
p.Stp M member OF the firm states that
thellabillties are between s2,t0J and $40, "
IL.