Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1886-10-05
ON WALL STREET.
Stocks were Felerish and Irregular
Yesterday, Subject to Wild
Fluctuations.
Majority OF the stochs on the Active
List Hisher-oovernmenss strong,
Cotton Lower.
COMMERCIAL REsuMr.

spcoiaf 10 the Gazette.
NEW York, Oct. 4.-Rsllrosd bonds
to. day sold as follows Fort Worth
Denver City at 81; Texas & Pa
cInc incomes st $50; r os az 6S; Kansas 6
Texas 6's at 97t; rs atll43; Galveston,
Harrisburg & San Antonio at 1924;
Missouri, Kansas & Texas G'sat9Ta; b's at
So; Gulf, Colorado 4 Santa Fe 2's at
1903.
Money 5@6 per cent.
Governments strong.
Sterling unchanged.
Wheat lower.
Oh closed at 64tc.
Cotton 4 to points lower.
Coffee declined.
GOVERNMENTS, STOCKS AND BONDS.
NKw York, Oct. 4.-Government
bonds quiet but frm.
The stock market was one OF intense
excitement at times and was feverish and
irregular throughout tho entire day. The
special features were Western Union,
New England and Manhattan elevated, all
OF which were remarkably active and
subject to sudden and wild fluctuations.
depressing feeling was caused In the
early hours by the action OF Gov.
| Pattlson OF Pennsylvania In regard to the
/ and coal stocks specially suffered from
the cause, making rapid, material de.
clinos in the early hours. Later, how
ever, New England became the special
feature, and tracing was accompanied by
numerous rumors, most OF which
have done duty before in one
shape and another, but this
stock rapidly advanced, though
subject TO frequent aud heavy reactions.
In tue afternoon Western Union Jumped
into the first place and the rumors circu-
lated included the statements that the
Baltimore & Ohio had been absorbed, and
that an amicable arrangement had been
made and the cable war had been settled
All these assertions were In turn denied,
but the stock was strong nearly all
the way out. Manhattan also
came into prominence with an
advance Of per cent on the old stories
Of union with New York City and North
ern, and connection with New England.
All these rumors met with denial, but the
stocks continued to rise, much TO the
mystifcatioD OF the street The opening
was also steady, the first prices generally
showing only insignificant changes from
the pool prices Of Saturday. The trading
was feverish and generally weak, and
New England, after advancing IL, lost II
all aad small fraction, but later recov-
cred and reached the highest price yet
recorded for that stock, aud the general
market responded, with the exception of
the coal stocks. Western Union then
Joined in the advance, and trading In that
stock was very large from that time out.
The general market then subsidized and
became quite dismal and irregular, the
fluctuations generally being in favor
OF lower prices, but the market finally
closed firm on rally. The business Of
the day was 599,9s0 shares. The ma
! jority Of the stocks on the active list are
. higher tonight New Epgland is up l.,
Manhattan a, western Union A, Kansas
Texas IL, Canada Southern, IL, Louis.
Vile & Nashville l., and others fractions,
Delaware & Hudson Is down III, and a
few others fractions.
COTTON FUTURES.
NEW YORK, Oct. &C. l.. Greene Il
Co.'s report on cotton futures says:
Weak Liverpool, full receipts, and pretty
: free offerings from the South, eased OF
the tone and under considerable ham
mering, the market went OF
some five points on the months from
November forward The offered was
mostly long cotton, but some short In
terest became engratted upon the market
Toward the close there was slightly