Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1886-02-19
An Inscriptions Attempt at Manip-
ulating Sonora Bonds Originated
at the Hub.
Why the Transcontlnensal Pool Ar-
rangsment Was Broken Up-Ch
Rates The Result.
a Heavy Failing on In Transf ,ctsons In
Railway nonds--stockso pene a Weak,
Closing Irregular.
ATTEMPT 70 pULL soNo,s, aoyps.

NEW YORK, Feb. 1s.--The feature OF |
the Boston marker during. the past Few |
days has been the advfnoe IN Sonora |
bonds. On February they were quiet
and without sale, being offered at 100. |
Last Monday they sold AZ loi4 and to-day |
they sold to 1864. Some time ago
suit was brought in Kansas by Detroit |
holder OF Anew shares OF Atchison stock |
10 prevent the payment OF interest Oh the |
Sonora bonds by the Atchison company, |
which guarantees such payments and |
operates che road. Suspicion strongly |
pointed TO Boston origin OF these pro-
ceedings, and IL was a matter OF cur
rent gossip that certain parties had
sold Sonora 7'e short and had engineered
the suit In order TO cOvey. AS result OF
the announcement OF the suit Sonora
bonds dropped from about 100 10 90.
The statement was made In the an
nouncement that the Atchison officers
were favorable TO the efforts 20 break
their guarantee OF interest. An en-
phatlc denial was ut once made OF this
1mputation and the officers OF the com
pany determined 60 sift the whole deal
to tie very end. To that purpose they
have been taking every means TO find out
the facts. 1t Is understood
that they have obtained def
mite Information Identifying tho head
OF the whole scheme TO affect the price Of
the bonds and that the true inwardncss
OF the whole affair will soon como out.
The street is looking eagerly for the
statement OF the officials, which promises
70 be very Interesting as giving tho de-
tails Of one OF the most INSCRIPTIONS at
tcmpts at manipulating the market which
has ever been made In Boston. The great
strength In Sonora bonds at present IL at
tributed TO the belief that the Atchson's
guarantee upon the bonds Is undoubted-
ly perfect.
TExAs RAILWAY noNDs.
Special 10 tho Sazctte.
NEW YoRR, Feb. 10. 49, The railroad
securities sold to-day Included 1000 Mis-
souri,, Kansas & Texas general Us at 825i
55 900 Missouri, Kansas & Texas general
6's at 973i 5000 Gulf, Colorado & Santa
Fe, gold, 6's ut 96i; 1000 ditto at 81;
1000 Gulf, Colorado 4 Santa Re rs at
l23i; 5000 Gulf, Colorado 4 Santa Fe.
gold, 6's at o.; 1000 Fort Worth 6 Den.
yer City rs at soc; 1000 ditto ut s9l;
5000 Gulf, Colorado & Santa Fe 20 at
96a; 10000 Texas s Pacific incomes at
i01 5000 Texas & Pacific, Rio Grande
division ex-coupons ut b8I; 10000 ditto
at Jii 10000 Gulf, Colorado & Santa Ee
2's at 9Gbi 5000 Fort Worth & Denver City
1'sat S0s; $4,000 ditto fat S0A; 10000
ditto at B9a 10000 at S9h; $4,000 Texas
4 Pacific income land grant ut Al; 5000
ditto atil; $4,000 Texas & Pacific Us,
Rio Grande division coupons off at bi1
10000 Texas & Pacific, Rio Grande divi-
sion ex. coupons at $50; 10000 ditto at
5Sai 10000 ditto at 900, 1000 ditto at
t3a; 5000 Texas & Pacific Incomes at 0O1
10000 Gulf, Colorado & Santa Fe 2's at
9Gb; 10000 Kansas a Texas rs at ll44;
5000 Kansas g. Texas 6's mt 80; u, 900
Houston g. Texas Central l's at 90; 10000
Tcxas & Pacific incomes at 40i, 5000
Texas T. New Orleans, Sabine division ut
l0i; 5000 ditto at l0ii.
Oil opened nj 81 and closed at sol.
Wheat opened quiet; In the afternoon
became very dull, closing steady. There
was rumor OF considerable wheat pur-
chased for export, but II was without
foundation.
Cotton futures declined 3 points. MAY
futures were forced down TO a lower
figure than has yet been reached since
the great bear movement set in, and
there was free selling during the morn
ing because of the uniavorablo foreign
adylces. According 10 all accounts thus
far received the stocks at the interior
points are rapidly gaining instead OF de-
creaslng. The movement from the plan
tations IL expected to be unually large
and Is estimated at 10000 bales for the
current week.
THE rRANscoNTISENTAL MIDDLE.
Specialize tho Gazette.
NEW York, Feb. lS,-President Ilous-
ton Of the Pacific Mail Steamship com.
a n that In hnc nallah Al "A
the executive commlttcc for tomorrow to
consider the notice delivered to-day of
the Transcontinental association, abro-
eating the contract with his company.
He says the Atchison compapy's claim Of
two.tfths OF the business Is absurd, con-
sidering that on the outside IL could not
carry more than one-afth. OF one
thing the people can be sure, tho
Pacific Mall will not sit down and lot
others take away the business.
The railrond people are equally deter
mined TO ret the business. The Trans.
continental association falled to reach an
agreement and some OF the delegates
lett for home soon after the adjourn.
ment. The representatives were very
reticent In regard 10 the cause Of
the sudden collapse of the of-
forts for u settlement, but while
there was more or less dissatisfaction
generally there Is Il disposition 10 lay the
blame to the Atchison, Topeka & Santa
Ne company, the representatives of
which, 1t Ia said, refuse 10 accept the
arbitration proposed by President Adams
OF the Union Pacific. Tho failure TO
agree led 70 an immediate reduction In
passenger fares, and the following order
was tclegraphod to the general ticket
agents OF the various trunk lines; ''Be-
ginning to-day, February 18th, the rates
from all Missouri river points to any
California points win be SEQ unlimited,
$50 limited, and and S26 emlgrant or
second-clasS. You are requested 10 use
such figures, II making rates to the
points named via the Union Pacific, the
Darlington 4 Missouri River, and the
Denver & Rio Grande roads,
This action was followed to-day by 70
ports that freight rates would also bc re-
duccd. Il is proper 10 say in regard TO
this whole matter that emitting hes been
going on for some time, and 10 all practi-
cal purposes the 1ranscontincntal associ-
alton existed.onl IN name previous TO
the official breaking up yesterday. hlr-
Their efforts VIII no doubt be made IN the
future 70 bring the association together
again. bit at th,s moment tho talk Is
warlikc. The Central and Southern Pa
eIfc people take the icsue very philosoph-
ically. Mr.. g. T.. Huntington stat
Ing the case thusA al don't lo0k for any
inoim trouble then laere has been pnderthe
pools. There was cnttipg then. There
Win be eating now. Naturally II would
be expected that w0 should discontinue
-a|n a.