Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1886-12-09
ON WALL STREET.
The Active Stock List Higher, but for
Fractional Amounts Only-COttop
Futures Higher.
a General Decline Recorded In Mining
stocks-A Pig Panic on tho Pitts
burg OIL Exchange
coMMERcIAL RESUME.

! 9HNNihi W luo NhNtAtbs
NEW YORK, Dec. s.-Railway bonds
to-day sold as follows; Fort Worth &
Denver at 90; Texas & Pacific incomes
at 57l; Rios at 75l; Kansas Texas at
Ill; Gulf, Colorado 6 Santa Fe 2's at
1902; Galveston, Harrisburg & San An
tonic at 100; Missouri, Kansas Texas
| G's at 1904
Sterling weaker.
Money Gas per cent.
Governments steady.
OIL was trfie higher.
Cotton advanced points.
G flee strong.
GOVERNMENTS, STOCKS AND BONDS.
NEw YORK, Dec. S-Government
bonds dull and steady.
Stocks continued firm. Nearly every
thing on the active list is higher tonight.
There was no important effort to depress
prices and considerable covering OF shorts
put out In the last few DAYS was done
TIL business was the smallest In two
weeks. The buying for long account was
mostly by foreign houses. The improve
ment In prices, while subject to several
reactions, continued throughout the day
and gathered force toward the close The
opening was very irregular, with changes
from last evenings final prices ranging
to either way. The market quietlng
down toward noon remained quiet and
moderately firm until the last hour when
the upward movement, gathered strength
and an increased business closed strong
at or near the best prices reached. All
the active stocks are hit her, though gem
orally for fractions only.
COTTON FUTURES.
NEW YORK, Dec. sc l.. Greene &
Co.'S report on cotton futures says all
hands are nervous. Erratic trading has
led to considerable irregularity. After a
small opening the market gained. A
disposition to uni ad led to temporary
reaction but offerings were promptly
taken up. New demands coming in in
fused a stronger tone that ultimately left
the final rate the highest Of the day,
showing gain OF points over last even
ing. .
MINING STOCKS.
SAN FRANCISCO, CAL, Dec S.-Stocks
opened weak on the morning session and
prices, with the exception Of Gould &
Curry, were all lower than the closing
quotations of last night. Consolidated
Virginia, the leading stock, opened at
$40, loss of 81, and under sale
Of 900 shares went to Si4. 1t
recovered ut the close to $3.50
Best & Belcher lost 81 90, closing
at S2l 90. Chollar was 81 lower at 81 rs
and Grown Point was 50 lower at Ss The
closing quotations for other stocks were:
Hale and Norcross IS, Mexican SllG24,
Potasi Sl3, Savage $l9 80, Vel ow Jacket
1925, Ophir S2l. Sierre Nevada and
Utah were unusually weak, the former
opening at Sl2 90 and closing at IL
O'Clock at Sll 10, which closed last night
at Sl7 The latter sold down to Sl2 this
morning.
A PANIC IN OIL.
PITTsBuRG, PA, Dec. S.-Another
panic occurred at the Oh exchange this
morning. Prices dropped to G64, a de-
cline OF cents since the opening yester-
day. Never In the recollections of the
Oldest traders was the Generalization In
the oil market 80 complete. Anumber of
local banks are now calling in oil loans
and others refuse to accept them without
margins
One hundred and fifty thousand barrels
of G.. S. Lesle's oil were sold under rules
To meet his contracts The amount of
his failure is not known. Secretary Bar.
bour OF the Exchange says the loss on oil
up to last night, since last Saturday, will
aggregate $4,000 600.
Jacob ii Walters, an old dealer, failed
sh rtly after ~ o'clock. Amount is
small.
NO WESTERN UNION DIVIDEND.
NEW YORK, Dec. Sat the regular
quarterly meeting of the directors of the
Western Union Telegraph company to-
day the executive committee recon-
mended TO the board OF directors that no
dividend be declared.