Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1884-05-16
TELEGRAPHIC MARKETS
New York Stock Market.

NEW York, May l5-Therc was much
better feeling In stock exchange circles
early In the day due to action clearing
houses and 10 resumption of tho MotropOll.
tan hank. Prices opened / to o per cent
higher; latter Michigan Central. which sold
mp TO II. shortly aftcr opening slightly
weaker feeling prevailed owing IN tho an
nouncomeni OF the failure OF a. W. DlmocS
& Co. This was succeeded by strong buying
for foreign and home account,
and there was general improve
ment. Canadian Pacific rose from TO IL,
central Pacific III 10 IA, Chicago, Burliug.
ton " quincy ~ to 40, Northwestern 2 TO
1914 preferred 81 10 1904 Lackawana to
ll3, Lake Shore 21k TO 92s, Missouri Pacific ~
to %, Kansas Il Texas ~ 10 Az, New York
Central ~ to iloI4, Northern Pacific pre-
ferred "a TO ~, oregon Transconil-
mental "a TO rs, Pacific Mall
to 30. Omaha preferred TO 10, Texas & Pa
ellie IA toI2, Union Pacific TO ~, Western
Union yst to5l5I. Az the clearinghouse new
certificates were roady for delivery Mt an
,arly hour, and banks awaited Themselves To
the extent OF q, Ol,OOC. Resumption Of the Met
ropolitnn bank also had favorable effect, ns
A. set Mt rest rumors that the suspension
was of the Marine bank character. Buying
for European account, wR1Htpeclal feature
OF the market, and evs.y house with foreign
connections had liberal orders to purchase
nj times during the day where lho market
snered. These purchases turned the course
=, .',,,orIa,ion Ia some extent
nnl this foreign buying movement
plai My shown by foriin exchanges was
larger for SIMPLY bills than FOR loag time
and the pressure 10 sell was oausoi ny uho
sharp decline In rates. The high rates Tor
money al this center attracted iotPieh enp-
i,al and leading English aud German 'ns'''u-
[ ons iel.grnpbcd thcf "s'"''
ho,o In draw for any amount III
consequence ola pressure 10 sell "u'' "s
stocks for home account was n'Ho very ,"ko
the brokers Offices being erowued-"'n ~
yestois. THIS is usually tho case "iter plH
turbnnoc like that ofthc past rev "pSr' "Nu
,tocl<s so bought, II should he unoefhtooa,',o
paid for In full and taken Oh mo s'eot' in'e
operat,on aside from reducing ue "'noun'
of stpckp "a, be carried ON the street, p'i"e''"
40 much fresh capital 10 ala fhe hopu' "'ai
k.t. Investment purchases iheIeio,o n'.'"
rally had nm important influence III Wv "',e'
lion of Improvement. Just before tno ''oso
tho suspension OF FISK hh"'n VIZ ~"
nounccd aud the market So" -"
ner cent, for Central racine
A far Pacific Mail and u to2for othef hciiVo
sn.,c, There we're evidences Of strong sup
mort in final dealings. tonpa'eu
night. closing prices nre D per cent "'sno'
for Michigan Central ~ ~ cinais IN
erp. for North western preferred. az ~ ~
PAUL. lss for preferred, ~ for Rhode Island
for Delaware a. II ndHon, IA FOR Lacka
wanna. for Denver. 2 for Missouri Pacific.
~ Tor Now York Central. ~ for Northern
Pacific. for same preferred. ~ for Omaha
profcrred. i< for Union Pacific, ~ fJr Wa
hash. u for same preferred. AMI ~ for
Western linton Lake shore II ~ lower.
I,ouisyllle d Nashville ~ and Pacific haii
lower. BANKERS and Merchants Telegraph
broke from 5g4 per cent, 10 III. THIS was
due 10 the failure Of A. W. Dlinock q Go.
plmock IL president OF this telegraph compa-
ny.
Transac ions Hi,ooh
AorEr.
NEW YoBg, May 15.---honey more act.
20. Ral advanced 20 y TO y per cent. per
diem: close Offered | II per cant. per diem;
n,lme mercantile paper entirely nominal;
s,erllpg exchange BIB weak a. ts'9s@
sight bjeef ".
Nrv yopK. May l5.--Closed Mt The fol-
loving prices; i10is
Tbree per ceDts.. '''''' isIJ
ifnitai states four and onehhif-.-....'.'' ,.iss
United states new fourn. .'-...-'..'-'''" ''''s