Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1886-10-06
on WALL STREET
The Business Of The stock Market The
Largest for Long Time.
Everything Higher.
nfIsscari Pacific Prominent for mn Ad.
vanec-IaNrgo Buying In Kansas y
Tenas- The whole List Active.
eoMMKRcIAL RRsuME.

COMMERCIAL RESUME.
Special to the Gazette.
NEW YoRK, Oct. 5.-Railroad boBdl
to-day sold as follows. Fort woril
& Denver City at $40; Texas & Pa
cinc incomes at 56A; terminals at SO; Rios
at 20; Kansas Texas at s6s; Houston
Texas Genital at lll4F Gulf, Colorado
s Santa Fe at l24; Missouri, Kansas &
Texas 6'sat 97i.
Governments higher.
Money 5a6 per cent.
Sterling quiet.
Wheat weak.
OIL closed at 62ic.
Cotton declined points.
Coffee improved.
Missouri Pacific, which has been dull
Of late, suddenly doomed into activity and
prominence, rising points. Accompany
ing the advance was a report that yalaa-
BILE rights were again to be given TO the
stockholders In connection with the con-
struction of new lines, and that a.
900, 900 stock would be distributed at par
before June /.
There was large buying again Of Kan
sas & Texas, which, however, did not, ad-
vance much as 1t Is understood to be the
programme that this stock shall move up
later on. Texas & Pacific was taken
ir elyfor London account, and the indica-
tlons are that the price will move up to
about 25@30.
GOVERNMENTS, STOCKS AND BONDS.
NEW YORK, Oct. 6.--Goyernment
bonds dull and unsettled.
The dealings in stocks were the largest
for a long time, and the trading for the
first hour was seldom, II ever, exceeded.
1t was over one-third of the total days
business. The feeling was more bullish
this morning. London became heavy
purchaser of all specialties. Prices adj
vanced all over the list. Heavy realizing
In New England and Western Union was
the feature Of the morning trading,
the former dropping four points in a short
time, and In the afternoon 1t yielded two
more which were recovered AT the close,
The Gould properties were specially
strong in the afternoon, and in the case
of Missouri Pacific there was rumor Of
a valuable right to be given to stock.
holders in u short time and some talk OF
dividend. Talk Of dividend In Van
derbilt was again revived. Canada
Southern became active and very strong.
In the afternoon there were frequent re-
actions, trading being very feverish
throughout the day and the market
closed barely tirm. The opening was very
strong, the first prices showing an advance
of to &c, the latter in Union Pacific. There
was much irregularity in the first hour,
but the general market was strong from
the first thirty minutes. The course OF
prices was upward, though subject to re-
actions. The extraordinary activity con.
tinued until the close, although tue last
hour was less excited and feverish than
| any previous time of the day.
Railroad bonds were more active and
sympathized with the trading In shares
very closely until afternoon, when THY
gave way slightly.
COTTON FUTURES.
NEW YORK, Oct. SC. l.. Greene &
Co.'s report on cotton futures says;
Liverpool falling to afford the encour.
agement hoped for, further unloading OF
''long" cotton took place with rates
receding some or 6 points. At the de.
cline, however, covering proved rather
more general and decided and while the
reaction ON values was slight, the close
showed steadier undertone.