Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1886-12-05
SPECULATIVE.
The Stock Market Was Less Active,
but Steady on Moderate Business.
Prices Well Maintained.
Another sharp Advance Recorded ali
Around Ia nininE steoha-san Fren.
cisco Ia n state of panic.
COMMERCIAL RESUME.

COMMERCIAL RESUME.
Special To the Gazette
NEw ioRK, Dec. Railway bonds
to-day sold as follows, Fort Worth &
Denver City at OIL Tcxsse& Pacific
at 69l Incomes at 62i Houston & Texas
Central at CSii Gull, Colorado a santa
Flo pa at l02 Missouri, Kansas Texas
6's at lOlh.
MONEY 8 TO per cont.
Sterling dull.
Governments lrm.
Wheat strong.
Cotton advanced.
on closed at SO
Cohee stronger aud eAdy
BOON IN MINiNa srocKs.
SAN FRANCISCO, CAL, pee. AT to.
days session OF the Stock exchange the
bulls succeeded In completely CAPTURING
the market, aud there was a charm adj.
vance. The trading all along The line
Tor Saturday transactions was unusually
lsrge, Consolidated California Wiz.
ninia, which closed at noon YESTERDAY on
the San frauclsco board al ESQ aud AT tho
afternoon informal session Of the Pacific
board at $40, opened this morniug al s5g
and IN few mi utes jumped, even
under heavy sales, TO eos, closing
NJ 65t 90, Best and Belcher attract.
cd less attention, but opened al
S2b, 81 better thpn yesterday, onh closed
81 a2A; Gould & Curry was one OF the
iayorltes opening under big sales AL
SIS, being 81 10 better than Yesterdays
close II steadily advanced to elI, and
closed at Sl8 rs. In Ophir the trAnsac.
,ione for single session were also heavy.
II opened at s2s, which were tho closing
tigurcs Of last night, jumped 10 ESQ.
then with few small ert.
backs climbed to S99, TO again
20 back 70 SS2, 10 only recover the loss
and 20 10 sab IL innlly closed al esq 30.
being an udvai!sv uf 90 90 over Last nInht
All the other consolidated stocks were
equally strong. Every effort seemed
powerleBs 70 arrest the up 20. potoSl
closed ~ 9l4.25, an advance OF 50 STA
over yesterday. Savage NJ $3.50 showed
an advance OF $3.50. Sierra Neyadn
closed al GIG, being So 90 better than
'''terdRy. yellow Jacket cllmped stead.
lily from 50 to $3.50 at which nguro Il
closed strong.
GOVERNMENTS, STOCKS AND noaDs.
Htw York, Dec. Government
bonds dun and heavy.
Stocks, Ia comparison with the pre-.
cccding days business this week, wero
only moderately active. Prices, how.
ever, llnctuated upon a higher plane,
especially In the aly part ~ the day.
$ mo Of the sp, claticR occupied more
prominent position than A. any time
his week Richmond and West Point
sold eXrigbis and was remarkably
strong throughout owing 10 the stories II
new connections now la progreel oi ncgn.
tlation. N0fofk G Western was also es.
peclally strong and active. The market
IN the early dealings was active, but lev.
crish aud Irregular. The usual undertone
of strength, however, soon became no.
uceable, and a. noon prices were gener.
ally fractions above the opening figures.
There WAS some hesitation lator and the
market quieted down, remaining barely
arm until the close, which was generally
steady on moderate business
NEw YORK WHEAT MARKET,
NRw York. Dec 4 ---This was another
eveDtful day In the wheat market and the
option tracing twas simply phenomenal,
over 20 100000 bushels changing hands,
making total OF over 52,C00,000 for two
days, something that has never before
been known In the history OF the grain
trade. 1t Is claimed among bankers on
the floor that the speculative interest IL
steadily returning from Chicago
10 this city, Some merchants
attribute the increased activity TO the
abolition Of trading ia puts and calls by
the Chicago board ~ trade. During the
day there was considerable excitement,
although the fluctuations were within u
narrow range Of 72l, The "shorts"
were heavy buyers, aud considerable
"lOng" wheat was thrown on the market
without having ,nuch eject. Prices were
n shade lower az the close ~ com cared
with the current rates Of yesterday.
MINING HroCKs IN NEW YORK.
NEW YORK, Dc. 4 The ma kut for
mlumR thtles this morning oprned IN TIC
same wild iashiou and there WAX further
loading aud ugl0Adiug VI various shares,
good, bad and Ind frent. Some oi the
stocks that caused the ripple were old
and well kaown IN their day, but have
been qul, NY slumborlug for years on the
retired list. Among those again trott, d
out 10 day were such as Gold Plac aud
Durngo, and they commanded as much
attention az any other. The feature Of
the moraing was heavy tadlng
In Silver Cllft, which Cpont q
around els and shot up 10 $50 before
noon. just what caused this remarkable
squirt was not learned. Ia fact, no one
cared 20 kaow. II WAS sufficient 10 be
told that silver Cllf was on rs legs and
travelling OF brtakoeck speed to cause
wild excitement ard scramble, for cofii-
1catos. Throughout the forenoon the
general list showed considerable
strength. Old trunks and chests, which
have for years al rded resting place 1 r
ali kinds Of mlssing securities, are being
empticd Of their contents, and es these
arc scattered over every portion u the
country, " ~ not improbable that the
number yet 20 be thrown upon the mar.
kot Will result In extending the boom for
some weeks at least.