Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1886-01-21
ON WALL STREET.
Failure Of Reorganization Of Rio
Grande on the CoppelI Plan An
nounced-sWheat Weak.
Hozie Bearing kansas Texas Sales OF
Railway Bonds stocks show
Fractional Declines.


rreclal TO the Gazette,
TExAs RAILWAY BONDS
NEW YoRK, Jan, 20.--Among the rail-
way bond sales to-day were the following:
10000 Texas & Pacific income land grants
at SO; 5000 do. at 37s 2000 Texas & Pa
cifc lists, Rio Grande division, coupons
of, at isi; 1000 do. at al; 10000 do. at
49 5000 do at 4sa; $4,000 do, at 40 5000
Missouri Pacific consolidated at 1888;
1000 Missouri Pacific SIS at li74; 10000
Texas & Pacific Rio Grande division, ex-
coupons ut 4S5; 1000 Gulf, Colorado &
Santa Fe Is Mt s6a; 10000 Houston &
Texas Central Is az 80; 10000 do y. 10 at
Ssz; 1000 Kansas & Texas consoli-
dated at 100; 5000 Kansas 4
Texas general mortgage at 90i $4,000
Galveston, Harrisburg & San Antonio rs,
Western division, at 931 G000 Galveston,
Harrisburg & San Antonio 2's, western
divisions at 81 ; 5000 Houston & Texas
Central general mortgages at Sc; 5000
Louisisna, New Orleans & Texas rs at
9lR; 10000 Missouri Pacific 8's at ll7ai
10000 Morgan, Louisiana & Texas rs at
100; 1000 Houston & Texas Central rs,
coupon OFF, vt 1854; 10000 Kansas & Tex
as general mortgages at 904.
Hoxie Is reported as talking bearish on
Kansas Texas. Many holders have
been selling the stock on this report
The Coppell committee for the Rio
Grande, Denver Western railway hav-
ing failed TO secure a majority OF the
bonds has dissolved and is
returning TO the deposltors the Western
bonds and stock deposited with the COM
mittce. This failure leaves the field free
for the only alternative plan, which, II Is
supposed, will now be promptly carried
through, keeping the interest Of the bonds
at per cent, on the Denver company's
guarantee Of principal and interest intact
Wheat opened active and trm, but
weakened and became inactive.
Cotton advanced slightly and reacted
oil opened at 6Sl and closed at $751;
london Wool Sales.
LONDON, Jan. 2O.--At the wool sales
to-day there was fair attendance. There
was good competition for cross-breeds at
full prices. Heavy short greasy Queens
land was lower. The scles aggregated
l0,600 bales as followsi 24O bales Sydney
greasy at 9 TO Cd, secured at Sd TO
los gAd; 2G00 bales OF Melbourne greasy
at 5 to I0Ad, secured at I'd TO is ll1d;
1900 bales Queensland greasy at - 10 Sd,
secured at Gid TO Is Gid 500 bales Ade-
laide greasy at TO odd, secured at Sd TO
Is AID; 800 bales Of New Zealand greasy
at "a to 8id, secured at 7Ad TO Is 24d;
1900 bales OF Cape greasy at 4 to I'D,
secured at I'D TO Is 6Ad; 100 bales of
Tasmanian greasy at "a TO lid, secured
at lid to Is 2dd.
t4 GOVERNMENTS, STOCKS AND BoNDs,
NEW YoRK, Jan. 20.--Governmcnt
bonds dull and steady.
The business in railroad bonds was
well distributed The feature OF the
days operations was numerous transac-
tlons In Milwaukee, Lake Shore and
Western incomes, which show an nd
vance Of per cent Prices are generally
higher.
There was little OF interest in
stocks The sales Of Lackawanna were
very large in the forenoon, and the total
sales for the day amounted 81 900 shares.
After numerous fluctuations between no!
and llSa, IL closed at INA, a net loss OF 1 I.
Rumors that the st, Paul company was
about to issue additional bonds for the
extension OF certain lines led 20 decided
weakness In that stock, the prices yielding
20 Dla but Il closed ! higher with net
loss OF Z, being the second most active
stock. II was officially stated that the
meeting held to-day had no reference to
the alleged issue Of bonds. The general
belief on the street, however, IL that tho
company will announce its intention to
issue bonds on the Kansas City extension
and with proposals for It's construction at
an curly date The Vanderbilts were firm
but New York Central was very quiet aud
both that and Lake Shore closed within
OF last evenings final figures.
Louisville & Nashville has shown decid-
edwcakness Tor several days past and
closed to-day with a loss OF at 80 The
earnings for the second week Of January
show decrease Of STB,490. Pacific Mail
Is unchanged after fluctuations OF per
cent. on only moderate business The
company declared the usual quarterly
dividend OF IL per cent to-day, payable
Februaryt The surplus after the pay
ment Of the dividend amounts to S7l6,-
600. The market closed quiet and steady,
yet In majority OF cases small fractions
lower than last evening. Missouri Pacific
Is down ls The Illinois Central compa
ny to-day declared the usual seml.annua
dividend OF per cent, payable March
The book closes February TO-