The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1885-09-29
THE BUSINESS WORLD
NEW YORK DAILY REPORT


NEW YORK, Sept Special. stocks
stronger and higher on covering by shorts
haiiroad bonds also higher. Atlantic 4
Pacific, western division, 6s, ma; Gulf.
colorado santa Fe,i6' rs; Houston a
Texas, western division, rs, s4.l; Kansas
SIexasB SIS a, ssh; Southern Pacific. Ari.
xona frsts, 99h Richmond Il Danyille CON
soils los IL, debentures so; Texas & Pacific
incomes 81 IL, terminals 81: Iron Moun-
tain Afsts lis, Cairo, Arkansas
Texas rs 1919; Texas Central SINKING
funds,s' Texas & New Orleans rs.
llG
Money on call on stock exchange and
per cent; sterling exchange steady; long,
ass to 4sSI; sight, ASS, to sS5}S; documen.
taIy. 4Sl l"2 to 4S2. Silver firm and un.
changed.
The action of the govern cent In ordering
The cattlemen from the Indian Territory
mas stimulated inquiry for gazing lands
In Colorado, New Mexico and Western
Texas, and the opinion is generally
expressed that not MANY
more Congresses Will convene
before law Is passed abolishing tho tribal
relations of the Indians to be fed and
ciothed at government expense, making
them, instead, citizens who must Darn
their own living and be taxed az are other
Americans.
frank Bond, president OF tho Cincin-
hatl, New Orleans & Texas paci6 road.
nav Just returned from trip to London.
where he had gone 10 secure financial as.
sistance for bettermen. aud inc comple-
lion OF The New Orleans & Northeastern
and Nicksburg, Shreveport & Pacific roads.
IL IS reported that he had succeeded
In his mission, and that as q result ster
ling loan VIII be placed on the London
market The Cincinnati, New Orleans &
Texas Pacific road trave rses large extent
or country, possessing great agricultural
anu MISUNDERSTANDING resources and tho best
cotton sections In several States The Gin
cinnau road was leased to the company in
1851 ata rental ot$Sl2,Oo per year, for Ave
years, and after October, 1881, the rental
VIII increase siO0,O0l ut this expiration OF
each period of Ave years.
Boston people are taxing pans 10 draw
attention 10 the decreased earnings of the
Atohison Topeka & sacta Fe road, and the
frequent reports give color 20 an Impression
of desire TO bear the stock
The London chairmun OF the Ohio Il
Mississippi stockholders here issued a cir.
cular stating the lesse OF the Ohio &
mississippi to the Baltimore q Ohio cannot
be consummNted until President King, OF
the Eric, has been consulted by
Mr.. Garrett Holders Of stocks aud hoads
other than land grant OF The Texas &
ST. Louis must, after to-day, pay2per cont.
ON first mortgage, general first mortgage
ana cash deposit certificates, and per
cent. on seconds and stock, before they can
participate In the benefits OF the ro.organ-
ization.
Liverpool cotton market firm for spot at
l-2 for uplands and 9-lG for Orleans: re-
cepts, 1900; sales, 1900, OF which 2 900 was
speculation and export, and IL 900 was
American, Futures closed steady,
Manchester yarns firm; he avy demand;
good prices; Kidding Orleans. GO francs
New York market for spot cot.
ton steady and unoheuged; quotations
new cotton. lis under quotations.; sales,
I,2Oo bales, all for consumption; Texas
Futures quiet and Arm at 10 points adj
vance; sales, 67i0l. November closed s.s5
to 966, and December o.74 TO 075 Receipts
ut New York to-day were $3.50; nj ports,
1884, against 2i7ii last week and s4,76S
last year.
Sugar market strong at an advance Of
Gpence.
Now ! erk cattle market rather weak
Chicago market weaker AZ Q 05 to 6lO; re-
ceipts, 1900; receipts for week ending Sat-
urdaywere Ss,0Co against 4i,l5s last year.
Hides moro active and 1rmer; quota
tions for Texas dry, 10 to 1919; dry sailed
IA; wet salted, l0Ii; pulled and packed, gA
to 10.
Wool market firm.
The: Houston & Texas Central Juno state
ment shows n deficiency OF Sl7,Tl below
expenses and bettcrmenls,