Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1886-04-24
ON WALL STREET.
Good Friday Observed in Stock Circles
Wool Holding its Own Better
than Expected.
Local Operators Advancing Money tt
Growers in Order to Have First
Lien on the CLIP.
COOP FRIDAY OBSERVED.


Special to the Gazette.
NEW YORK, April 29.--Good Friday
was closely observed In stock circles to-
day. the Exchange having been closed and
ali business in securities suspended. The
day not being legal holiday, however,
the treasury, banks and bankers ofhces
we're open, but there was practically
nothing done beyond the payments OF
drafts.
THE WOOL MARKET.
Special to the Gazette.
BosToN, MASS, April 2S.--The wool
market has been quiet. Inc tendency
continues in the buyers favor, but any
pressure to sell is taken advantage Of 1t
il very noticeable that more manufactur-
ers have been in town during the week,
Int the eagerness of brokers and dealers
IN sell has rather caused them to hesitate.
| n is a period of bargains according TO re-
mort. ADMINISTRATION will not generally
sustain such claims. Everything one
hears now is about decline ABOUT some
lot sold at a concession, whereas, when
tho markets are strong and advancing the
street talk is then of advance and sudden
Turns. Then too, 50 much OF tne
wool now on the Harhev
,s So Of inferior quality that
n sale may be reported at an apparently
low nrice but an examination OF the WOOL
NAV show that it is anything but par
rain The tone is barely steady, and IN
Some quarters wool can be bought LOT
lass than a week ago. Taking everything
! into consideration wool holds It's own oet-
+ar Than might be expected. Every cir
cnmstance seems to be against 1t. Ihere
seems Ia be more disposition to engage
on the sheep's back in Texas ana AT the
nr,ces Maid IL would cost q cents 10 lay
down here. Eastern men are dong DuI
Iittle according to some reports, ana lhey
and that local operators have in many III
stances advanced money to the growers
IN order TO have first lien on wool
some samples have been received neIe
end ono small lot has been sold 0y sam,
No heIieyed TO be at 90 cents. Inc total
rre a of wool at this port during NY
nost week comprise 978l bales dollestiS
and 9s9 bales foreign. The sales
Snr the week comprise 995,6Q0 peuhui
~ domestic fleece and pulleu' ~.
oia o0o pounds Of foreign allons
: the street reports to-day gle saies , y
4 Io0 600 pounds OF Michigan at zsa e .,,io
IN Phroyidence; 10000 pounds DeL Sn,
a Ohio az 8os here; 1000 pounds OF MiSn,
: Ian < at 9Sc, 10000 pounds new spIln ,l
Texas at 22c; $4,000 pounds spnTihs Wy NJ
: tornia at 2Sc; 10000 pounds ono ~ 1a
: and above sac. These were the a, saiy
5 that are now reported by houses err I'M
hut we have no doubt some are th .tIe tges
peliable. Sales indicate very niue I ahes
# days, however, in view OF inc pVS au sf,S
It lions offered OF Texas and od So nnnnd
wool. The sales include lV,VVv ~ po,uinsp
p %O 5000 pounds ditto, new, Pt, ,ot ara 10
6 poo rounds. The prices OF Texas giaH, n
1t are reported as follows ! Texas as. sP Pc
IS middling, twelve months, y 70 z - /
6 Doc; Texas spring fine, nominal ~ al e,os
: soc, Texas spring fine, SIX 70 sur Hn
I. months, is to 2lc, ID TO lsei deA "a 20 81
= medium, six to eight months ~ W .