Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1886-10-14
ON WALL STREET.
Speculation UndergOes Sudden
Change and Both Bulls and
Bears Rush TO Buy.
The Whole Active List Records Advances
Manhattan Elevated the Greatest
Feature of the Day,
BIG SALE OF SHEEP.

BIG SALE or SHEEP.
Special to the Gazette. itsEEip
BAIRD, TEX, Oct. 13 -E. G.. Wagner
sold to-day to j. w Gather 1900 head of
sheep at 81 80 per head,
GOVERNMENTS, STOCKS AND BONDS.
NEW YORK, Oct. l3.--Government
bonds dull and steady.
The temper OF stock speculation under
went sudden change to-day, and there
was a rush to buy for both sides of &C
count. The first great cause of this was
the change of front by the Chicago peo-
pie, and the news coming from their
direction wss almost all of favorable
character. London was buyer
all day long. The entire list participated
in the upward movement, which, how
ever, WAS subject to frequent reactions.
Pacific Mail made handsome advance,
on statements made showing the state of
the company's affairs. TIE official an
nouncement OF new right of way on the
Missouri pacific was made to-day, which
helped the stock materially. The
great feature OF the days transaction,
however, was the sudden advance made in
Manhattan Elevated in the last hour from
l49i to 1909, The buying was done by
specialists, and was accompanied by a
rumor that the Manhattan people had
secured control of the New England.
Nickel Plate stocks were once again very
active and strong, with the usual story Of
a settlement with Lake Shore. The Van
derbilt's were all more active and strong
The money market was more easy, and
further drop In sterling exchange notes
occurred, which had a favorable eff
feet upon prices. The opening was
strong and active, the advances VARYING
from to !, Lake Shore & New York
Central showing the greatest advance
The trading In the morning hours was
active and prices advanced almost
without O reaction until noon,
when Lake Shore, Pacific Mail,
Canada Southern, st. Paul, Michigan
Central and Nickel Plate bad made con
spicuous gains. A somewhat less active
and feverlsh market succeeded until the
last hour, when the general rise was re-
sumed, with Manhattan as chief
There was nc stay to the rise until the
close, which was active and strong at the
best prices Of the day. The sales were
524, 594 shares, Not single active stock
shows a decline tonight, and the gains
range from % en- the general list,
while Manhattan is up IL er cent The
other notable advances are Michigan
Central ~, st. Paul and Nickel plate pre-
feTred 20 each, and others smaller
amounts, The great majority were per
cent.
Railroad bonds were without special
feature. The prices were firm, especially
in the afternoon, and the final changes
are almost invariably in favor Of higher
prices.
COTTON FUTURES.
NEW YORK, Oct. &c. T.. Greene &
Co.'s report on cotton futures saws,
After facing about Ave points, the market
shaded back trine but closed
steady. The undertone has been
pretty well preserved throughout. and
while some full offerings were made, thew
found good and continuous and exhaust
Ing demand,
DRY GOODS.
Dry goods, Notwithstanding the general
attention commanded by auction sales OF
flannelsi the agents OF similar fabrics.
and all styles Of cotton goods, have
had good request with very fair
business reached, Regarding the auction
sales OF nannels and the lateness OF the
season the prices realized are looked
upon as fairly satisfactory, rejecting but
a difference OF 5 to per cent on colored
goods, the usual variation between pub-
lie and private sales, and recognized as
supporting the values with agents who
did fair business at undisturbed quota.
lions.