Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1886-05-09
REVIEW OF THE WEEK.
The Course Of the Stock Market a
General Surprise to Both
Bulls and Bears.
The Chicago and Milwaukee Riots and
the Chances o. European War
Make Prices Stiif.
Revival ~ Gold Exports wheat Ex
cited--new York wool market
Irregular IN Prices.
COMMERCIAL urs,,Nr

spcciHi To the Gazette.
NEW YORK. May ~ Railroad bond
to-day sold as follows, Fort Worth 4
Denver clty's ~ $50, Missouri, Kansas
8 Texas 5's at 70i do So at 9Sa; do ~ Al
lli5; Texas lncomcs at 500; Kansas s
Texas Us az 7sA; do general mortgage,
atgsRj Gulf, Colorado Santa Fo IA
at ia
Money ~ 20 "a per cent.
Foreign sxchange fiat.
Governments unchanged.
Jil closed at 78f.
Wheat opened excited at % cents, ad.
Y0nced
Cotton active but declined i've points.
Coffee dull.
on WALL STREET,
Special 70 the 9pzotte
Nav YoRK, May The week 10 Wall
street was an evtntiul one, and the course
OF the stock market was genuine sur
prise 20 operators generally. The de-
preston on Saturday last attendant upon
the numerous strikes NJ the West, was
carried into the early part OF the current
watk and lower prices were made, but
when riot and bloodshed took place at
Chicago and Milwaukee, and almost
everybody expected sharp break the
market suddenly took on great strength,
and The decline was not only recovered,
hut many stocks sold higher than before.
Both the large and small bears made
haste TO cover and their purchases
accelerated the advance. After
the demand from this quarter
subsidized London came In an free buyer,
and the bulls who had previously lacked
courage, took hold Of the market and
followed up the Improvement. The ex-
citing events at Chicago were regarded
as the eliminating point, insomuch as
they were likely to cast odinm upon the
strikers, and this view OF tho situation
was partly borne odt by the return to
work of "A number of the old freight.
handlers, which enabled the roads TO
move stuff more freely Late In the
week among tho favorable Influences at
work were the change In the presidency
OF the Chicago Atlantic, which
brings that road into harmony
with the trunk lines, and the
election OF tho regular ticket AZ the New
Jersey Central meeting and the policy
outlined by the new directors,
Railroad bonds were lower for time
IN sympathy with stocks, but during the
last half OF the week exhibited strength
aud advanced sharply on well.distribu.
itfi UuNiUtbhs
Governments declined fraction owing
TO a falling on in the demand. The for
cgn exchanges were higher for demand
on the advance Of the Bank OF England
rate oi discount from 2 10 per cent
but the market weakened near the close
on the free supply OF bills against ship.
mcnts q securities, There was a revival
Of gold exports and about sl,700,000
went forward. One or two slight hurries
occurred In the money market and AZ
high as por cent was paid, but most OF
the business was ut and 3, with exoep-
lions near the close as low as | per cent.
NEW YORK WOOL.
Special 70 tho Gazette.
NEW YoRR, May a--rhe New York
wool market has been duh and easy with
irreRnlarity In prices. The sales include,
10000 pounds No, fleece at $50; 5000 10
one.ionrth washed at 2bc 10000 do
secured California ut SIC; 10000 do
coarse comhlngs NJ sac, 1000 do XIX
fleece at Bic; 10000 do at 891c; 10 900 do
X mt y2ci 1000 do fine dclaine at 2le;
10000 do tine unwashed at 2ldc, 500 do
secured California at $50; 1000 do Texas
at i9c; 10000 do ono-iourth blood comb.
inge at Soc; 10000 do new spring Call.
fornln al isc, 5000 do at lGSo, 25 bags
secured Texas at $685. also, 5000 pounds
China, 10000 do domestic Noilos, % 900
do new spring California, "a, 900 do comb.
ings pnllod, 900 do fine super, 5000 do
extra, 5000 do line comblng, 1000 do Can
ada and $4,000 do blacks.