Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1886-01-15
ON WALL STREET.
A Committee Appointed to Devise a
scheme for Reorganization Of
the Texas g. Pacific.
Railway Bond saies-whoat Dull and
steady, at DeoIIne--Cotton Irregu-
Iar-stocks Active, Weak.
speeIal % bad an1elLe.

Special TO tho Gazette.
TEXAS RAILWAY BONDS.
NEW YoRR, Jan. 1.-THE railroad bond
sales to-day included 5000 Fort Worth &
Denver City rs 40 81; G000 Galveston,
Harrisburg & San Antonio i's, Western
division, at g2E; 5000 do at 925; 10000
Houston Texas Central l's, ex-coupon,
at l0f; 1000 DO az 1914; 10000 Houston &
Texas Central rs, ex-coupon, Western
division, at 9g5 5000 Fort Worth g. Dem
yer City rs at So; 1000 Houston & Texas
Central rs, Western division, coupon off, ,
at 991; 600 Texas T. Pacific terminal G's
at 40; 10000 Texas & Pacific rs, Rio
Grande division, coupons off, az IS; To-
600 do at 4sl; $4,000 do at 49, $4,000 do
at 4s; 10000 Texas & Pacific Rio Grande
division ex-coupons at 48; 1000
Texas & Pacific rs, coupons of at "a;
Galveston, Harrisburg & San Antonio rs,
western division at 08a 10000 ditto at
g8; 5000 Texas & Pacific, Rio Grande
division ex-coupons at 1874.
At the meeting Of the Texas & Pacific
directors to-day subcommittee com
posed OF the directors, who personally
Inspected the property, was appointed
with instructions 10 prepare aud present
scheme for reorganization, together
with the names OF such parties, who, in
thelf opinion, are proper 10 rep
resent all interests, and who will
form a permanent reorganization
committee. Secretary Satterlee was
appointed secretary Of the sub.com-
mlttee. The committee will advise an
early consolidation with the bondholders.
Wheat opened at decline Of ! 20 lc on
the Increase in the amount on passage and
was quite active during the carly portion
of business. The market remained duh
and steady
Cotton advanced one point and later dc.
clined two points
OIL opened at sac and closed at ss4c.
GOVERNMENTS, STOCKS An 1,fJ 3
NEW YORK Jan. II .--Goyernment bonds
were dull and steady.
Railway bonds--The net result of the
days operations shows only moderate
chnnges, but majority OF the issues
dealt in established gains.
Stocks were active and weak in the
morning aad strong thereafter, although
the dealings ut times were accompanied
by considerable feyershness. The open
ING quotations were generally from 4 TO
lower than last evenings close, and there
was further Irregular decline OF / TO 4. .
Active buying by operators who have been
conspicuous during the past day or two
as sellers, checked the decline, and
finally led 10 the advances that were es-
tablished. 1t was not generally known
until late In the afternoon that a meeting
OF the presidents Of the trunk lines was
in session NJ the Windsor hotel, but in
side Information was undoubtedly in the
possession OF the prominent operators,
who took advantage OF the fact 10 pur-
chase stocks at low figures. Up to the
close Of the 5oar nothing definite was
known IN regard 10 the progress
made towards settlement of the
differences between The trunk lines
pool and the Baltimore & Ohio, but
rumors were numerous that large conces-
sons had been m0de by the Baltimore &
Abidud"tb 'sShe extent resulting in a
practical settlement OF the differences
that have existed, The result OF the
day operations is an advance from the
lowest figures of | to per cent. aud a
net ealn, as compared with last evening,
OF I 20 Z although Northern Pacific pre-
irrrcH made net advance Of 4, st. Paul
aud Erie 4 On the other hand,
Michigan Central Is down a. Texas &
Pacific stock to-day was quiet, with nuc.
taations of only ! per cent, and with net
advance of