Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1886-12-04
ON WALL STREET.
The General stock List Again showed
u slight Decrease In The Amount
OF Business Done.
Tho ntarhut Opened StrnuR, Remained
Steady ana Oiosca IN Navy CassB at
the beee Prices OF tho Day.
cnMMnRrrAI. nrarAlr

NAV YORK, Dee, s,-Rtllway bends
sold to-day az follows Fort worsa 4
Denver at 9li rexag 4 Pacific incomes Mt
6l4i Rios at ~; Galveston, Harrisburg
* San Antonio AZ 1904, Missouri, Kansas
& Texas 8's at lollj 1's at M, Gull
Colorado s Santa Fe rs ut 1925.
Sterling ilrmer.
Money ttd6 per cent.
Governments strong.
Wheat lower aud outlet
Cotton docllned points.
on closed at SAL
Come unchanged,
GOVERNMENTS, STOCKS AND BONDS.
NKw foRS, Dee. Adjournment
bonds dull, but arm.
The stock market again showed a slight
decrease IN the amount OF business done
There was considerable feyeIishness at
times, but the market most OF the time
was strong. The oft-repeated story OF
The settlement OF transcon tinontal affairs
was again circulated, and once more de.
MED. A story found many believers
that tho Richmond \ West Point
people had acquired control OF the East
Tennessee system, This was officially
denied, but IN such manner as to con
arm the suspicion that NEGOTIATIONS 90
that end are pending London was
prominent buyer of 81 Paul aud North
ern Pacific, and the latter was unusually
active, The features Of the trading were
Vanderbilts, East Tennessee, Wabash,
Reading, New England and Lackawanna,
Tho opening was active and strong, Tho
majority OF the active list show advances
over last evenings prices OF s(aAo,
though West Point, New EnplAnu aud
Uuion Pacinc were each 10 lower
| Prices were Arm To strong, WUst
/ Point, New England and Wabash being
especially So Later some irfegnlarty
was displayed, aud Ia the carly part
Of the afternoon prices yielded
slightly, while Reading was decidedly
weak The market was somewhat luietcr
at this time, but In the last hour a re.
newal of the upward movement occurred, |
New York Central Lackawanna and
Reading attracting more attention. The /
market closed active and stronger, IN |
many cases at the best prices OF the day |
nooM IN MINING STOCK CIRCLES.
San BRANcIsco, CAL, Dec 8,--lntonso |
excitement has prevailed here In mining |
stock circles during the past three days.
Not since the great mining boom Of 1879 !
has tbs present excitement been rqualied,
Old stock spectators, who thought that
the glory OF the Golden State tad de.
parted with the coming In of the new con.
stilution, look on with amazemOnt al the |
crowds besieging tho brokorS Of
fees Tor the purpose Of specuat
ing In mining shares. The fact that
consolidated Virginia had nearly touch, d |
90 Wednesday afternoon, seemed only |
10 whet the appetite OF the crowd, who |
bought shares right ana left In confident
expectation that IL would touch 100 IN II |
day or two. When the Mining OK hange
opened yesterday Ophr shares were sent
up 10 3ld, the highest price reached IN
live years. The Gould and Curry stock
jumped 10 l93 and then consolidated
Virginia, the pivot Of all the present ex.
element, opened At 81, after closing at
4gl tue evening previous. While con
sulidated YirgInla stood At 81 the excite
meut was simply Intense. 10 say that
everything doomed does not adequately
describe the situation. Fortunes were
being made and lost every few moments
The morning session was scarcely over
beioye the wires brought the intelligence
that the old house OF II. Is,
Franke & Co Of Virginia City had
gone under, owing nearly 81 900 600
This staggered the crowd, aud wonk ones
began 10 throw their shares on the mar.
ket In anticipation OF panic. Hardly
had lhG street recovered from the ulOW
when the announce nent WAS made that
II. G Hooker one OF the lc ding brokers
~ the city aud son-in.lew OF ex-senator
Stewart Of Nevada, had failed for several
hundred thousand. Matters looked {
panlcky again When thu after.
noon session .oi tho Mining ex
change opened consolidated Yirginia fell
- AZ. When this quotation reached the
crowded street another stampede seemed
which WAS accelerated by the
Of the failnfe Of Green. ,
baum q strauss for nearly slso00,o00 On
top Of All this came rumOrB that X, Il
Morrow aud Maurice Schmidt hOth heavy
brokers', were embarrassed, Consolldat-
cd luciuated wildly, closing last evening
at 40, the lowest point VI the day.
Those who hoped that this mornings !
would prove brighter Than yes
terday'e close were doomed 10 bitter dis
q pointment. From an early hour the I
approaches 10 beth exchanges were I
cfGmmed with an excited crowd, eager 10 /,
learn the news Of the first call, and which :
20 them would bring Us happiness or dis
may. They had Eot long 70 wait, for the
San Francisco boards met promptly ~
Q 100, and a few minutes later consolidated
Virginia rang out At sA0 quickly followed
b. a drop 70 Sgg. Best aud Belcher
which closed last night at e29i opened
this morning at S2l, and Ia . few minutes