Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1886-01-13
Yesterdays Sales Of Railway Bonds
1.-The Market Quiet In SYM
patty With Stocks.
A Deadlock Reached In the Reorgan-
izatIon OF the Denver & Rio
Grande Railway.


Special 10 the Gazette.
TRxAs RAILWAY BoSDs.
Nrw York, Jan l2--The railway bond
sale to-day included 1000 Fort Worth
q Denver City rs at SO, 5000 do at s84
$4,000 do at So; 5000 Houston & Texas
Central rs, west division, at 100; 5000
Houston & Texa Central 2's at 90. 5000
Missouri, Kansas Texas general b's at
771; 10000 do at n; 5000 do at 77s; TO-
900 Missouri, Kansas 4 Texas general 6's
at OH; $4,000 Texas & Pacific rs, Rio
Grande division coupons Of at 4S1;
5000 do at 49, 5000 Texas & Pacific, Rio
Grande division ex-coupons, 49, 5000 do
at 4sh 1000 do at 4Bi l6 900 Houston &
Texas Central rs, ex-coupons, at l0lA;
1000 Kansas & Texas lines at 774;
10000 Denver & Rio Grande l's
at 77i, 10000 do at 7Tb; 1000
do Mt IN, $4,000 do at nj, 5000 do
at 7s4, 10000 do NJ rs, 10000 do at III,
10000 do at 77i.
The contest over the reorganization OF
the Denver & Rio Grandc Western road is
waxing warm. President Palmer has H.
sued circular TO the bondholders, in
which he calls attention 70 the bad features
of the Coppel plan and says that
the net earnings for the six months
tINlUE lftNtIlDtI Nlg MtIt IssO1VVUs VI
which $4,000 is applicable TO the utter
ost OF 90 per cent. OF the full interest for
six months. He calls upon the land-hold-
ers to perfect the funding scheme and
maintain their rights against the Denver
company. The contesting general mort
gage.holdcrs deny the report that the
Coppcll committee has received the as
sent Of the holders of $2,023,0O0 Of
those bonds This committee
received cable from Amsterdam
yesterday that the holders OF $3.50, 900 in
boEds there had refused to accept the
Coppell plan, and the committee claims
that the holders Of S900,000 in bonds In
this country also object to the
plan. Chairman DecUursey says mo-
tion has been made in a Colorado court
which will prevent foreclosure for two
wears.
Wheat opened dull and remained so
during most Of the day.
oil was quiet.
Cotton steady at three points advance.
GOVERN MENTs, STOCKS AND BoNps.
NHw YonK,Jan, ~ Government bonds
dali and steady.
Railroad ooud- unusually quiet; In
sympathy with the share market.
The prices OF stocks as q rule are
higher, but the gains In most cases are
only fractional. There were sales of only
282 ,G5S shares, Of which St. Paul contrib
uted 56,25Q shares At tie opening prices
were irregular, with conspicuous strength
in Western Union aud New Jersey Cen
trial, each OF which was up 4,
and during TIE first hall
hour there was somv show OF activity
in dealings, but thereafter the movement
was alternately up and down, with gains
or losses of only fractional amounts. The
result OF the days operations for most of
the active list is a loss of A TO 4, but Della.
ware & Hudson is down ] and Mis-.
souri, Pacific /, while Louisville & Nash.
Vile, New York Central and UnioA Pa.
cllc each shows gain Of /, During the
last tifteen minutes the market exhibited
considerable weakness In coal stocks and
ST. Paul but the declines were for less
than per cent The market closed
heavy.