Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1885-12-18
The Wool Market Very Quiet Good
Prices Maintained With Only
Moderate Demand.
stocks opened Lower Tor the General I.is
and Remained Heavy Throughout
the Entire nay.
Specialize the Gazette.


sas s Texas general G's, 5000 at g04 1000 /
ditto at 90l $4,000 ditto az 81 5000 ditto
at 9lR; 1000 at GA; $4,000 ditto at glg; |
Missouri, kansas 4 Texas consolidated
Us, 1890 ut ma; Houston & Texas
Central rs main line coupons, offered,
II 900 at l0l ditto Western division
coupons, offered, 20O0 at Q55; Texas &
Pacific rs Rio Grdnde division coupons,
offered, "a 900 at 90; 10000 ditto at 50l,
5000 ditto at 5l $4,000 at 5ll, 10000
ditto at 81; 5000 ditto at j01; 5000 ditto
at 80; 5000 ditto at 49l, 1000 ditto at 49l
5000 ditto at i9Ai Kansas & Texas gen.
eral mortgage, 5000 at 0li; 1000 ditto
at W; Kansas and Texas, S., 5000 at IS
Wheat strong.
Cotton active.
OH opened ut ~ and closed at 9Op
Coffee steady.
Kansas 6 Texas was again special
feature and advanced per ceut, To a6c,
but reacted TO 8ilC by 1880.
More than ono.quartcr OF the business
In stocks up to T. O'Clock was
In Kansas Texas. The Texas
s Pacific committee report claims
that the interest cannot be met until Sl,.
900 600 has been spent on improvements,
The alternative viii be The abandonment
OF portion OF the road, The sale OF the
terminal mortgages TO Iuiso:thc necessary
amount Is impractiCub6, Two million
dollars will be needed 90 pay on the float
Ing debt one of the plans TO raise the
money Is TO fund the coupons ON the cast
crn division, reduce the Rios 30 an income
bond or give one new bond for three of
the present bonds, then Issue prior obli-
cations The Rio Grlndc division IS
hardly earning operation expenses,
special to the Gazette
rltE wool MANRET
! NEW YoHW Dec ~ Wool has been
I holu 10 mn quotations IN The local market
on moderate offerings With fair inquiry.
/ The noted sales embraced "a 600 pounds
OF domestic fleece at 80 10 3Gc, $4,000
pounds delivered at 8sc, $4,000 pounds
OF secured Texas at i1i TO soc, 5000
pounds OF secured Territory nt 20 10 GOc,
! 20, 900 pounds of Territory at 10 TO
! lGc, Gl,000 pounds OF tall Tex
ms at 10 Ice, 10000 pounds
Of Montana at 2Gc. Philadelphia reports
several Eastern buyers IN the market,
looking chiefly for medium woods, but the
demand, rs a general thing, has been
moderate. The quiet condition OF trade
Is the usual feature of the market AZ this
time OF the year. The market through.
out is very firm, and buyers In
search Of The December soft spots
find them remarkably scarce. Tho trade
estimates indicate that the Boston stocks
VIII show falling of of last year. II
view OF the larger consumption aud
smaller supply In sight, dealers generally
look for sustained strength If not higher
prices, after the holidays, and between
that the seasons hull IL over. Boston
mentions that the demand continues
good aud prices weak, 1850, 900 PAaids %
al kinds, The demand still runs on
medium goods and the supplies OF thii
grade are fast disappearing. Con
siderable uuwashod medium sole
at ~ TO PC, and fine at ~ to 25c. Pullet
woods are active, with large sales, at q
to 40c, including choice Eastern ant
Maine supers at ~ 10 40c, ENtr
pulled wool IL also In demand, viii
larger sales, at ~ 20 29c. Ohio and Mich
lgan ileeces are unchanged with etcndl
sales Some small lots of New Zealand ant
Port Philip sold at SEC 10 sac per pound
Carpet wool is quiet but firm. Sales Of
various grades aud descriptions: I7s, 70l
pounds OF Ohio and Pennsylvania at 3ici
~ 900 pounds of Michigan aud Wiscon
sin ut Sic; A, 900 pounds OF Territory al
/ Sc 10 2Cc; 10000 pounds OF Texas ant
Southern at 26c; 1000 pounds OF comb
ings and deialno ut 36c 20 38c.
GoyERNMEETsi SHOCKS AND BoSDs.
NEw York, Dec. l7,-BoYoTnmen
bonds quiet, strong.
Railway bonds quiet except for few
I issues.
A very large percentage of the business
I'm stocks continues To be confined To
b few issues. The trading In Missouri
Kansas Texas to-day amounted TO l22,
100 shares, ana there was active business
IN Lake Shore, 81. Paul, Northern Pacific
preferred aud Lackawanna. The morn
lug business was extremely active, bu
thereafter IL was more quiet although
= at no time particularly dull.
The opening prices were irregular, bu
generally rather lower than the cloHin
last evening. With exceptional decllue
! ia New York Central Of ! and 81. Paul q
D 4, there was considerable feyerishnos
, and irrcgularity IN the early dealings
a followed by an advance, at whic
1 time the highest prices Of the da
i were generally reached, the gains frOr
: the opening ranging from fractions I
D over per cent. Prices remained stead
i 20 strong until o'clock and th"n beeam
Q rather heavy ana yielded slowly durin
+ the remainder Of the day. The losses !
a number Of instances ~ the close amount
+ ed % | per cent. Just at the clos
. the decline was checked and the linu
= sales Ia number Of cases were q shad
+ above the lowest figures, but the marke
: closed at u decline. The exceptional u
stances Of strength Included the Missouri