Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1884-02-02
TELEGRAPHlC MARKETS.
New York, February l.-Governments

New York, February l,-Governments
firm.
In rullroad bonds West Shores 5's were
heavy and lower at $685. and 52}s. outside |
West shore was astive, and the demand pre-
vailed throughout the day, add general adj
vance was recorded. Features Were Northern
Pacific firsts and Big Sandy's flrsts, the for
mer selling up 10 ooD, and the latter to lol.
LAFAYETTE. Bloomington & Muncie Is rose o
98 Mctropoll' an elevated rs x TO l05; Missouri
Pacific thirds q to 1874, New Jersey Central
conyerfibles TO IA, Rochester and Pittsburg
, income to O.; state securities steady.
The stock market opened firm this morn
ing bu t in the ,irst fifteen minutes business
declined 4 To y per cent, but the decline
soon recovered, but subsequently Louisville
| & Nashville reacted TO MS, Northern Pa
cific preferred to 4594, Oregon Transcontinen-
tal to 232z, and st Paul to $50, and the gener-
al list fell of a to * per cent. After
O'Clock prices again began to harden,
and during the remainder of the afternoon
| market steady; increased in strength during
the last half hour: speculation bouyant and
an advance of lS1021S per cent was established;
special features were II Union Pacihc ana
Western Union, which was Slg76}< respec-
lively short interest; in those stocks very
heavy, while the floating supply OF the form
er was smaller than ever before known, ow-
ing to purchases for New England account
during late depression. Gnrretps interview
on telegraph matters had no effect on the
market, and the Western Union was noticea-
bIy strong throughout the day.
The rise this afternoon was
reported the beginning Of movement by n
large holders to squeeze shorts, st. Paul. Mis-
souri, Pacific, LacSawanna, Northwestern
and Oregon Transcontinental were all higher
. on large transactions. Louisville q Nash
!, willie which was forced down 10 i71s early In
the day on account OF a rumor that large
amout of stock borrowed In London hau ar
rived here, afterwards advanced to 4o1s on
, the report that the London market was Dare
of that ST pck, and that only small amount
l. had arrived, Large shorts nave NOT Set GOV
cred and further twist is spok
en- of. After business hours 1t became
!, known that dispatches had been received
=. rom the West by prominent railroad people
that a call had been issued for meeting
,be Western Trunk Line asso citation for Mon
day next at Chicago, and shat no disturbance
" on rates was apprehended. Canadian "acih
advanced TO 5GlS on the proposed additiohs
" aid by the Canadian government, and an an
'e nouncement that Ag,G0l shares had been sou
TO a London syndicate during the last wv
y days, and was being shipped there. IN III
last half hour business in Unien Pacih
Sc rose "a per cent. to 80; canaaia
Pacl nc 2J9s f6ll Northwest lh@l ~ st Pau
lie ls1a9Os4; Lackawanna l1s@l 2l}s; LouisVlli
r, & Nashville l4ai95s: Lake shore iSS@ss|
C. Missouri Pacific llsG9lj1 New YORK Cehtr'
llIal l53l; No thern Pacific preferred l@9o%
sc Dragon Trans continental l@2i1s; Texas II
cihc ssa2O and Western Union l@76'4' IN
-. market closed buoyant at or near me pe'
prices of the day compared with la
O. night; closing prices 1s@2A p'
M cent. higher. Harlem so d AT 1871; Fort Wayl
", w. 1897: Chicago and Alton l40: Chicago an
90 Ohio first preferred rose Il 10 HlS; Housto
so & Texas 81 to Az; Minneapolis ST. Lou
90 preferred, to 81; Ohio and Mississippi y
iIe 22lk, and Richmond Allegheny to .; hie
' mond & West Point declined Ia 10 G15; a
IN ton a. Terra Haute brought 40 last previous
reported. Sales was 49, transactions 3S',V