Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1885-12-23
Yesterdays Sales Of Railway Bonds
Wheat Weak on Rumors Of
Cholera in Venice.
stock Market Shows Increased Sales,
but Considerable Decline For
the General List.
An Advance Ia the Rates of Foreign iN
change Leads Ia Large shipments
OF Gold Abroad.


TEXAS RAILWAY BoNDs.
NEW York, Dec. 22.-The railway bond
sales to-day were as follows Louisiana,
New Orleans & Texas rs, 1000 at 90s Mis-
souri,, Kansas & Texas general j's, 5000 at
7G5; 1000 ditto ut ~ 5000 ditto at 7Gl;
GOOO ditto ut 1G4; 1000 ditto ut a.; Mis-
souri,, Kansas Texas general 6's, 900 at
gO8; 10000 ditto at 10; 5000 ditto at S0i
5000 ut s05; New Orleans & Pacific rs
coupons offered, II 900 ut sos 1000 ditto
ut lgb; Texas & Pacific income land
grants, 5000 at 1885, Texas Pacific rs
Rio Grande division coupons, offered
5000 at l2l; 1000 ditto az l23i 5000 ditto
at i2l; 5000 ditto at l28; 10000 ditto ot
i26, Texas & Pacific Rios eX-
dividend 10000 at i2si Houston
& Texas Central LIST cN-diydcnd
10000 at l04i; Kansas & Texas
general mortgage, GO00 at 90; 10000 ditto
at gOt 5000 ditto at 90i 1900 ditto at
g0l: 5000 ditto al 90; 5000 ditto at
sgi, 5000 ditto at 80; Kansas & Texas
rs, 1000 at ll4i; Texas q Pacific incomes,
5000 at 853; 10000 ditto at 30; 1000 ditto
at 35i; Oregon Short Line rs, 5000 at
0sd; $1,000 ditto at 98i; Kansas s Texas
5's, 5000 ut 76l; 1000 ditto ut 7Gi
Wheat weak on rumOrs of cholera IN
Venice and the raising Of the rate OF eN-
change. Selling was heavy and general
and the close at > p. m was weak.
OH opened at SCI and closed at sat.
Cotton declined to points.
Coffee duh and unchanged.
GOVERNMENTS, sTOCKs AND BONDS.
NEW YORK, Dec. %. 49, Government
bonds dun and about steady for the ana
AIS and strong for SIS.
The demand for railroad bonds was
light aud prices generally lower.
Stocks were extremely dull this fore
noon, the total sales for the first hour
amounting to less than 10000 shares.
Later, on reports Of the probable ship
mcnt OF gold to Europe, the market be-
came more active and weak, and us the
news in regard TO foreign exchange was
circulated the disposition to sell increased,
resulting In an Increase In the days opcr-
atoms of over 100000 shares as com
pared with yesterday, the sales
to-day amounting TO 3SS, 100
shares Prices were steady at
the opening, followed by fractional de-
olincs and renewed trmnGss during the
forenoon and continued weakness until
the close. The active stocks yielded &c
tp . per cent. from the opening aud
closed igom to over > per cent. lower
than the close last night. Missouri Pa
ciilc showed loss OF &c, Oregon Navl-
cation OF Die, and Columbus, Hooking
Valley & Toledo Of &c. The Wander
bits were very well held, New YORK Gem
trai losing only &c and Lake
Shore lie. Erie is also off only lc
aud there Is a light decline in Louisville
y Nashville. The other losses are gen.
orally from / to ! J per cent tho iueter
IA Missouri, Kansas * Texas. Texas &
Pacific IS down ! per cent. The market
closed Irregular but generally heavy at or
near the lowest prices of the day. The
absorbing topic among the brokers'
operators, bankers and financial men
generally was the reported arrangements
for rcshlpmonts OF gold on Saturday
next. Reports late in the day were
to the effect that about $4,000
600 in gold had been purchased
for shipment, Inquiry at the Office of the
leading dealers In foreign exchange, in
Guiding those who were reported TO have
arranged to export considerable guam
titles OF gold, elected the fact that no gold
will probably 20 forward before Saturday
next, and that the shipment then is con
tingcnt upon the maintenance of the add
vance in the rate for sterling exchange.
At the house OF Brown Bros. & Co. it was
stated tins evening that they would prob
ably ship Sl0Oo,0O0 on Saturday, but
nothing definite was yet known.
GOLD FOR EUROPE,
NEW YORK, Dee. 22.-The absorbing
topic of interest on Wall sheet to-day
has been the advance IN rates of foreign
exchange, the quotations for demand
sterling bills reaching point at which
shipment can be made at u pront-S4 .9Ob
toe posted rates aud SiS9i for actual
business, There was an engagement for
100000 In gold this afternoon for
lpmcnt Saturday, and 1t Is generally
believed that further shipments will be
made. The immediate cause for this ad-
vance has been the advance Ia the Bank
OF Engl9nd's rate of discount during the
past week, but u more direct and poten-
tial cause is 60 be found in the extremely
light shipments of grain to Europe, es-
pecially wheat, while the visible supply
OF wheat IN this country is far in excess
OF previous years, Merchants who are
familiar with the subject also shy that
considerable quantity OF cotton was sold
stJuly by planters 90 be delivered in
nluety days, and that when the deliveries
were made there was d considerable ad-
vance In choice spot cotton, which
gave dissatisfaction 10 planters and led
thcm % hold the stock then
on hand for higher prices. 1t is claimed
THIS VIII have the effect of stoadyug the
market throughout The winter, as ship.
mouts OF cotton win be made continu.
0uSly in moderate amounts. The rates
Tor sterling bills are now the same rs they
were at the time that shipment was made
~ April aud May, 1885, The break in the
price OF wheat IL Is generally conceded,
/. nal o.. ~. O -