Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1885-07-26
On CHANGE,
The Feeling in the Stock Market is a
Bearish 0ne--Prices are Down
Transactions Fair,
The train Markets We're all nj Sea
Yesterday Quotations Irregular
rottou Unchanged.


Nrw iogK, July 20. Government
bonds quiet and strong.
state bonds dull aud drn.
Railway bonds were unusually dull 10.
day.
There was u further decided weakness
developed In the slnck market to-day.
especially Ia The forenoon Tie break
was led lay the Union Pacific which sold
down % to- Cos before noon with large
trading. The declines In the rcsi oi the
list were Tor smaller amounts hut The
whole market WAS weak aud irregular
The break was accompanied 10y active
dealings. The sales Tor The morning
amounting Ia 100000 shares.
After midday the Missouri, kansas 4
Texas became quiet. aud In many eases
there were fractional rccoverlcS, followed
later by renewed Weakness especially IN
the Changers aud Nandcrhllts, which was
checked, however, u little before .
O'Clock, the Missouri Kansas & Texas
closing dull and irregular hut Ia nearly All
eases n little above the lowest figures ol
to-day.
by = o'clock Union Pacific had rccov-
cred nearly per cent, but IN the last
hour II developed renewed weakness,
selling down within l per cent ui the
lowest quotations oi the morning II raj.
He'd with the others Just Mt the closing.
making the net loss ior the lay ~ per
cent, with transactions augrcgaIlug 90,
1dS shares, or over - per cent. OF the to-
tai days business.
Conservative operators who have been
bulls Tor The past three or four months da
not hesitate to say that the market should
have reaction ul ~ much ns Ia per ccut
before II Is II safe purchase again They
are predicting tn Tor Union Pacific, 20 Tor
st. Paul, 81 tor Lake Shore, W tdr New
York Central and go Tor Western Union
SO far nS the street is concerned the con.
dltion has entirely changed. and the feeling
Is u hcariSh one.
The net result of to-dny's operations
is decline Of II In Western Union x St
Paul, ! in reading and A Ia Lake Shore,
Michigan Central and Jersey Central, and
per cent IN Northwestern and Louis.
vile 4 Nashville. New York Central l.
down only per cent aud lackawilnna /,
while Chicago, Burlington 4 Quincy
j. up | per cent. the only Important
advance. There was again the same effort
TO bear Reading by selling II in twenty
SHARE lots,
The important changes, comparing the
prices OF this evening with thoSr OF u
week ago, are declines of Il per cent. IN
| Union Pacific, la Missouri Pacific, 2g IN
Pacific Mail, l ] in Lake Shore, "A in West
cn Union, aud in LackaManna, while
Jersey Central Is up "a, Manitoba 8a
Michigan Central - aud Omaha preferred
II,
The sales for the week were 2,87t ,lsi
shares, the largest ON record Tor many
months, exceeding 10y few thousand
shares The business of last week. which
was unusually large. OF this weeks bust.
ness seven stocks, Union Pacific, ~, Paul
Lake shore Lackawannn, Western Mon,
Northwestern and New York Ccnlml,col.
irbuled 500, 900 shares
MuNIi
INV Nonk, July ~, Money on rall rnsy az
n per cent. prime mercantile paper l0ai fur.
cign exchange quiet bui hrm at - 81 for WI
DAYS and u ~il for demand.
STOIk~.
NEw NoHk, July 91.- The filrWlng were The
nnral closing quotations al the Sew Work
stock exchange this afternoon