Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1886-03-28
REVIEW OF THH WEEK.
An Increase Noted IN the Sales Of
Railway Bonds for the Week.
Prices Irregular.
fhe Share List Buoyed ZIP By Large
Foreign Purchases Values OF
Wool Nominal.
STOCKS Declined During tho Fore Part and
Rallied During the Latter Part
OF the Week.



Special to the Gazette.
NEW YORK, March s7.--RailwAy bonds moved
IN close sympathy with the stock market dur
ing the past week, and, compared with a wcek |
ago. to.nights priccs show declines Raging
from = 60 ~ per cent. Tho important declines
were almost entirely on the speculative csss Of |
bonds for nrst class. Investment issues show
no material change o-day. Fort Worth 4 pen f,
yer City is were 50; Gulf, Colorado 4 santa Ne !
Is, ixiS; Gulf, Colorado h Santa Fo "a. IOsi,
Sulf, Colorado n Santa lie gold as los n: Hons,
S 9n leSas Ven,ral fs, 1854 liouston 3 Texas
nurg Y san Antonio, 9als Missouri, kansas 4
Texas Ss, IL; Missouri, Kansas & Texas
~ ~ W 40 os fs, ilS's' Morgan's Louisiana 4
aSNas [. g le5i IoXas Pacific incomes, S.; do
tio Grande division, 52S do rs, %! Texas 4
New orleans, lWb Kansas & Texas rs, 40
general mortgage, g2a.
The wheat market was steady and devoid OF
material changes -
points.
on opened at 2 Sc and closed at I,sc.
Coffee was unchanged,
Money ~ ncr cent
Exchange 81 stat 50.
Governments steady and unchanged.
Affairs In the stock exchange were chArac.
teIlzed by marked depression during the first
half OF the week. when a Vigorous selling
movement carried down prices anywhere
from TO ~ per cent. The labor strikes
In the West, the failure OF the Transcontinental
lines TO settle the differences and the dissOlu
| Ton OF lhe NORTHWESTERN Traffic association, all
| combined TO produce lower figures, having
Afforded the bears an opportunity to snake out
weak holders of stocks. Tho existence OF
stop orders accelerated the downward move
| ment, oregon Navigation declined ~, Chica.
| so, burlington Quincy ", Oregon Transcon
tinental 81 Lake Shore Ok Omaha preferred
| and Missouri Pacific Ok, Michigan
| Central %, Canada Soutnorn OK,
common AZ, New York Central AZ,
As the week advanced London became a
large buyer. The purchases Tor this account
not only checked the decline, but laid the basis
| for sharp rally. The practical cessation ei
gold exports and the belief that the labor
| troubles would ho adjusted shortly stimulated
the improvement, which was equal TO lao v pei
cent. There were frequent intermediate tiuc'
tuations, the result Of the varying reports con
corning the railway situation at tho West.
| Government bonds were comparatively
quiet on slight changes on railway mort
cages The speculative issues FOLLOWED
the course of the share IFS
closely, first declining 10 per cent and th0I
rallying = TO 8. The principal dealings wer,
in the Erie, Kansas \ Texas, Canada Southern
Nickelplate, Northern Pa INC and Oregon
Issues The foreign exchanges were weak
and reduction of | cent was made IN pOstol
rates, owing to falling oil IN demand ana
large increase In the supply OF bankers ant
commercial bills against shipments Of ,ecuri
tics ana produce, The gold exports wero onl
about Si0o0,O0O, most OF which WAS engaged
last week.
Money showed slight hardening tendency
call loans ranged from TO per cent hut near
ly all the business wAsat 2dS per cont.