Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1885-12-08
COMMERCIAL WORLD.
very Favorable Showing Of the Cotton
Urop Report for the Memphis
District.
yeslorday's sales and Quotations OF H"ii
way nonds-siocHs Irregular nnd
Unusually weak.


Ngw Yonk, Dee. THE following
faIlrOad bonds were sold today MIS-
souri,, Kansas < Texas general b's, 1000 81
Missouri, Kansas & Texas general G's
5000 at 9ol 1900 ditto at 90li 5000 ditto
Fort worth.& Denver City ~, 5000 Of
~. 1000 ditto M sGi 1000 ditto az so
1000 ditto 40 sGi; 1000 ditto NJ sGl.
Texas st. Louis y incomes, Mis-
sourl and Arkansas division, 5000 at 81
Texas s. Pacific Income laud grant, 20Ou
al
Texas & paclAc, Rio Gmnde division
coupons, offered 5000 at bSi 1000 ditt0
ut 5sii 1000 ditto at 5ss 5000 ditto at
5sl.
kansas & Texas, general mortgage,
1000 az a03; 10000 di.to ~ g04
Texas & Pacific, Rios ox.dlyldcnd, TO-
600 at 6si 5000 ditto ~ %.
Texas q Pacific Incomes $1,000 at ga.
Missouri, Kansas & Texas income scrip,
So bid
Texas G. 50. ST. Louis, Missouri & Ar.
kansas digsion, Il bid, VI asked ditto
incomes Is asked; ditto first Incomes
+. Eaxas & Pacific 78b asked ditto general
first mortgage land grant aud Income
bonds, 10 bid.
Texas q So. Louis, delivered whom ~
sued IS bid, 49, asked; ditto rs, stock
delivered when issued, SO asked ditto
rs, stock delivered when issued, iti bid,
~ asked
Tho wheat market opened lower aud
sold down 4, but rallied and by II O'Clock
Il had recovered the early loss.
Cotton opened steady with decline Of
to points and sales Of 500 bales.
on opened at 90 aud closed at all,
highest va
Coffee was dull, sales light.
The stOck market opened strong and
higher, became irregular and during the
last hour weakened, closing duh aud
heavy,
Up to O'Clock there were nifty yarie-
tics OF ralrond bonds traded in amount
Ing 10 sl,78i 900, OF this total about
unc-ball was represented by the West
shore
GoyFHNMENrs' srOCKs AND BONps
NEW YORK, Dec, 2, Government
bonds dull, but strong. Although Wall
street was well supplied with rumors
us regards the matter, II Is now known
that the lease Of the West Shore 10 the
New York Central Is perfected beyond all
future contingency aud that, in this
respect, the adjustment OF the
differences between the trunk lines
has been completely settled These facts,
however were known early this morning
aud caused slight advance In the first
prices Of stocks most directly Interested
Ia the New York Central-Wcst Shore SET
Element, which saw their highest prices at
opening. The early dealings were accom-
panied by considerable fcyCrshncss and
increased activity compared with last
week. The market soon settled down
into a moro quiet and steady condition
aud SO remained until about | o'clock
when persistent raid began, directed
especially against Northwest. AZ
that time this stock was selling At
II, but ON small sales It broke rapidly to
1904, rallied to no, sold TO 1898 aud
closed Mt ITO, There was persistent sell
ing OF other stocks, especially st, Paul,
the Nandcrbilts, LonisylllG & Nashville,
aud hro, but the downward movement
WAS slower The result OF the days OPP
crntio0s shows net decline in North
western Of /, 81. Paul I u, Lake shore IA,
New York Central /, Eric 1, aud Louis.
vile & Nashville and Northern Pacific
preferred each q. As a rule the market
closed mt or within small
fraction of Saturdays lowest
prices reached, aud was generally weak.
COTTON CRur WrORr,
MFurua, TESN., Dec. THE cotton
crop report for the Memphis district,
which embraces West Tennessee North
Mississippi, North Arkansas and North
Alabama, TO De published tomorrow
by llill, Fpntaino & Co., win sny
The picking season hns been most
favorable excepting In portions OF Ala.
bamn, where the continued wet weather
caused damage to the crop. Labor has
been ample To supply the demand with
the exception of certain localities In the
Mississippi valley whose new railroad
enterprises have drawn some from the
nrlds
It is fair to estimate that .
por cent, of the crop had
been picked up TO the LIST Of
December. Cotton has been marketed
with greater rapidity than heretofore
This II due 20 several causes; nrst,
the necessities oi the planters second,
the facilities for ginning, oCcasioncd hy
tie erCctouOt new improved steam gins
third, the increased facilities which have
boon offered by railroads in extended lines
throughout the South An these causes,
together With the fact that the season was
fully twenty days earlier than last year.
has had the effect 10 swell the receipts at
this point 5000 bales In excess OF last
year.
our correspondence embraces every
occtIon Of the South, and what ~ true Of
the Memphis district, as regards the
picking season, Is also true all over the
cOttpn.growing belt OF the country. A
careful analysis OF the reports OF our
correspondents enables Us to give an es-
Innate Of the maxlmum yield OF 1866,
which we place az s,i2l,lG7 bales. The
staios That show 40 increase compared
with last year are Texas, Mississippi.
Louisiana, Alabama and Georgia.
IRON ANp srEFL, HUMMER ANh coat
CuCAGO, ILL, Doc The activity
reported In thC iron and steel interests
for some months past continues and a
GOOD many transactions are still occur.
ring. II Is said that Western railroad
has purchased $4,000 tons OF steel rails
wltlilna Shprt time at $50 80, aud bought
Them Ia small lots Ia order to prevent an
advance ln prices. IL Il reasonably Ger.
tain that there Viii bp A trreat d,nl ~