Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1884-02-03
TELEGRAPHIC MARKETS.

New York, February achievements
firm.
Railway bonds strong and in active de-
mand. Chesapeake & OHIO currency Is We're
conspicuous for an advance OF nearly per
cent. selling up 10 5OlI; Cleveland Il Pitts
burg sinking fund rose | to l2i; Denver u
Rio Grande consols IA TO S,Jk; Erie new I'd
consols to 0}992jA; Nickel Plate ilrsts y TO
l02: New York City - Northern generals .
to 30; New Jersey consols ] to ll3; New Or
leans Pacific firsts TO 81; Northwest regis
tered gold 7s ~ ol25IG; Ohio Central hrsis Ia
TO G2lS; Texas Il Pacific incomes u TO 49,;
Texas & Pacific seconds 10 70.
state securities steady. Not since October
la have the sales in stock exchange reached
the total OF to-day, $780, shares having
changed hands, from opening til
the close of business. The tendency In prices
was upward, and reactions which occurred nj
intervals having invariably brought IN BUY
ers and caused rapid recoveries. The bulis
wers in full control, and were assisted III
their operations by a large Inc me IN Inc
number out of town, and by purchases made
TO cover short contracts The smaller pears
have generally recovered, and are now en-
listed on the bail side, but the large
bears are still heavy shorg, as borrowing
rates lDT SIOUX plblUlN ib-eiss O'S-
gon Navigation commanded ~ per diem for
use, Louisville Il Nashville l-iG@lA aud
Northern Pacific preferred, New YORK Cen
trail and Read ng l-0l. Canadian Pacific,
Manitoba and New jersey Central lent hat.
Activity and excitement surpassed anything
witnessed in the stock exchange
Tor long time and dealings
in some OF tho leading shares which were on
an enormous scale, Union Pacific leading
with 20,oOJ shares and an unusually large TO
tai for any stock advance, win ch ranged from
! Is to per cent. and extended throue hout the
! entire list. The great features of the market
were Union Pacific, Western Union, Missouri
| Pacific, ST. Paul & Lackawanna, Lake shore
and low priced South western shares. The
rise was started under the leadership OF
the Union Pacific, which advanced rom
| 7Ql to 81 As the Buying movement In TINS
stock progressed IL was discovered That the
supply was smaller than was anticipated,
and this greatly assisted the advance. WeS-
tern Union followed closely after. Union
Pacific also rose from 76z ~ 77ss on busl'
ness OF over 5000 shares, rhc movement in
this stock to-day developed tho fac that re
cent attacks on 1t by officials OF opposition
companies has created very snort
| interest, which has yet TO De
covered. Missouri Pacific also advancei
sharply, selling up from OF lS9o2}ss, and closed
at the highest point reached during the Day
An attempt was made by bears to cover IN
this stock, but it did not meet with much
success, the market running away from
them. Dealings In st. Paul and Lackawanna
were large AT steadily advancing prices, the
former rising from 9i,a to 90 and the latter
from lsl7s TO 1873. Several prom'-
nent bears were twisted on these stocks
, to-day. Lake shore was another leading
feature OF speculation, rising from ys,a tt
lOln with considerable buying for Wander
bilt account.
Northern faciiics were more active ano
higher, common advancing from 22Is To .S9s
and preferred from 47l4 TO 1o6. Oregon
Tianscontinental sold up to IS In sympathy
Low priced Southwestern shares exhibited
more animation and strength than fol
! months past. Wabash rose TO isK, preferred
: To sO,s, Kansas & Texas TO 22ss and Texas q
d Pacific To AZ.
Louisville d Nashville was strong ana nd
e vanecd 10 80 with difference
is@H between cash and regular STOCK
o Northwestern rose 10 1907, Chicago, Burling
ton Quincy to l2l1s Omaha TO S8's' ahs
!, Omaha preferred To %. Canadian Paclh'
y and Pacific Mall advanced TO t61s and 49,
g respectively, the rise in the former penn
dnc 10 the shipment OF stock TO LONDON
which has reduced the supply here TO n yer.
small amount, and In the latter 10 increased
freight business, an extra steamer haVin
e been sent this week. Michigan Central ros
" to0i,s, reacted to 02H and late In the altel
y noon there was reaction OF u to per CEN
: owing 10 sales 10 realize D
70 small, close operators and room trades
IL class operators and room traders. who ns'
ANY close out Saturday on bull market, pu