Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1885-11-06
CLIMBING UP.
Yesterdays Transactions in Railway
Bonds... Cotton Takes Tum'
bic of Three Points.
An Increased Demand for Moncy-An EN'
PLANTATION of the Continued Up
ward Movement.


sales to-day were as follows Denver
Rio Grande nrsts, 1000 20 at 1874.
Denver 6 Rio Grande llrsts consolidated
5000 8 Mt S5i.
Galveston, Houston & san Antonio
Hrsts, 1000 at lG
Houston & Texas Central irsts, main
line coupons, offered, 1000 8 20 atooi TO-
900 do. at 99i.
Missouri, Kansas Texas general lycs,
5000 at 75l 1000 do. ut 49,
Missouri, Kansas & Texas general
skies, 1000 at 90t 10000 do. at 90i 1000
do. at 005; 10000 do. 80at 00l 5000 do.
at SOD 1000 do. at 90i; Sc, 600 do. at ~.
Texas & Pacific llrsts, Rio Grand d.
vision coupons, offered, 81 900 at 5s; 5000
do. at Gsi.
Texas s Pacific Rios cx-diyldonds, 1000
at 5Si.
Kansas & Texas G's, 10000 at 9Ol
10000 ditto at 300,
Kansas & Texas IS, 1000 at 76l
Kansas & Texas rs, 5000 at ll2i 5000
ditto 4 8 at ll2k.
Houston & Texas Central LIST ex-divi-
deuds, 1000 at 99l 1000 ditto 5-2O's at
9g1
Texas & Pacific Rios ex-diyidcnds 1000
at 5SA 10000 ditto at 5Si.
Kansas Texas 5's, 1000 at &c.
The cotton market showed decline Of
three points on November, while distant
months were stronger, declining only
one point. The sales were 1900
bales. Estimated receipts at the various
southern ports $4,000 bales. Gross re-
cclpts at this port G23G bales. Stock at
New York l2i, Oi5 bales against so, 592 the
same date last year.
The oil market to-day was quiet, but
not as fcycrish az yesterday. There was
some weakness apparent, but the volume
of business done shows this TO be not the
result of large selling, but Of the stop
page OF purchases.
The wheat market TO the sur
prise of all opened at an advance
of &c at New York aud &c at
Chicago and was strong. The Western
market took the lead and rose &c more
to Ssh for December. This was followed
by u little rise Of ic at New York. The
market cased off before noon &c, but the
decline was checked by the report circu-
lated ut Chicago that 100000 bushels OF
wheat had been taken Tor export at New
York. This was denied. The re-
port probably found tone in
the fact that the clcaranccs
OF flour yesterday were 10000 barrels,
making $4,000 barrels this week, equal to
26l, 400 bushels of wheat The clearance
ui Hour from New York Philadelphia,
Boston and Baltimore for two days have
been 10000 barrels, equal to about $40
coo bushels OF wheat. There were rumors
OF q falling off In receipts in the North
west and OF II drought in California, but a
telegram from San Francisco seQthe latter
NJ 4
the prospects favored Il heavy storm.
In the afternoon wheat was dull and
heavy, closing ut about the lowest prices.
Exporters took one and Onc-hall loads.
Corn aud oats were strong.
Coffee was quiet and low
Money on call at the stock exchange
was led up at one time TO "a per cent,
but the great bulk OF the loans were
made ut "a.
Sterling was quiet, ON account
of little inquiry, and the
posted rates were unchanged at
Ht 81 81 to 81 sc, The rates Tor actual
business were as follows, viz. sixty
days, 81 s3i to 81 $50 demand, 81 s5l
to s SOD cables, 81 500 to 81 S5l
Commercial bills were 81 SD to 81 Sl}.
The supply of cotton bills was small
MONEY AND BUSINESS,
The bunh Exchanges throughout the
country are somewhat smaller In volume,
rejecting the decreased speculation, but
they show very heavy increase over the
corresponding period of last year. Loans
command somewhat higher rate, and
the weekly statement of New York city
banks shows II continued decrease of re-
serve, the excess over legal require
mcnts being now only S2S 900, 900 as
against $50, 900, 600 a few months ago.
The treasury IL still absorbing large
amounts, and there Is talk of possible
call for government bonds Mt an early
day. Reports from all parts of the coun-
try Indicate that trade Is quiet, hut fair
In volume. Prices are substantially UNI
changed for most commodities except
steel rails, which have been advanced 81
u ton, Iron is said TO he In somewhat
better demand, but prices are the same.
The bulCau OF statistics foreign trade re-
port foYSeptIDher sb95yeIa contlyulnce
of adverse Gduditl66g NFor thqythrec
months ended with September there is a
mcwhandlse balance against US OF $l2,.
800, 900.
lne movement of provisions and bread
Stufs 10 the Scaboard continues light
About 10000 tons were carried east from
Chicago last week as against %, 600 the
previous week and 90, 900 and 10000 and
Gi,000 respectively in the three weeks
preceding that 1t is expected that the
advent OF cold weather Will, by CLOSING
the waterways, materially increase the
railroad tonnage aud at the same time
give an impetus to general trade by caus.
ing demand Tor winter clothing aud
commodities.
WHAT MAKES ritE UPWARD MOVEMENT,
special TO the Gazette,
CmCAGu, lLL, Nov. 5.-Therc was a
good demand for money to-day, and the
rates were firm with an advancing tend
cncy. Nothing was gained TO the borrow
erS by waiting, but the bankers were
strengthened m their opinion that the
market lor the month Is 90 be on the up-
grade The calls for loans como from
many quarters and are 60 but a
slight extent the result of specu-
lNtNe Influences Encouraging reports
continue 20 come IN from var.
GUS lines of the business aud industry.
Il Is evident that a considerable stimulus