Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1888-12-13
ON WALL STREET.
There Was BulIish Feeling in the
Stock Market Yesterday.
Marked Advances Resulted from the
Trading of the Day.
COMMERCIAL RESUME .

COMMERCIAL RESUME.
Special to the Gazette.
New YORK, Dec. ~ Railroad bonds
to-day sold as follows:
Texas and Pacific firsts at S915.
Seconds at 3734
San Antonio and Arkansas Pass at 90.
Gulf, Colorado and Santa Fe ones at
ll775.
Galveston, Harrisburg and San An
tonic ones at 943&.
st. Louis, Arkansas and Texas ones at
9O34.
Kansas and Texas ones at l05.
Skies at 81 4
Missouri, Kansas and Texas skies at
6l15.
Elves at 500.
Sevens at 90.
Atchisou at 561@.
Sterling dull.
Governments lower.
Money, 2la per cent.
Silver, 92T.
Wheat dull and steady.
Oil, S9l8.
Cotton steady.
Coffee % points higher.
NEW YORK, Dec. l2-The stock mar
ket was active by spurts to-day, and eX-
cept in dull periods was strong almost all
the way out, and in some instances
marked advances occurred. There was
8 general bullsh feeling on the street
this morning, and the bears, in view of
recent set-baCkS, covered freely, espec-
tally as the news of the day was almost
entirely of a favorable nature. The de-
cisiOn of the interstate commerce
commission in regard TO selling
tickets to scalpers was looked upon
as big bull card, and the buying Of
Changers was quite noticeable throughout
the day and they were stronger than for
some time past. The active list is almost
invariably higher, and Delaware and
Hudson rose 2; Lake Erie and Western
preferred, l3l; Atchison, Lackawanna
and Jersey Central, IA per cent. each;
Louisville and Nashville, l per cent. 4,
and others fractional amounts.
There has been increased inquiry for
railroad bonds for investment, and al
though this has not yet resulted in any
marked increase i'll the business done at
che board it is shown in the steady stiffen-
iGg of prices for the past few days. To-
day : market was Il shade more active,
SiltIt llit tOIlt WIS HI Ill lllpu9 tlpul, ana
while there were very few marked
changes in quotations most of the list
shows fractional gains. Kansas and
Texas, and ST. Louis and Vandalia Terre
Eaute firsts are higher.
Government bonds were dull and heavy
Cor fours.
State bonds were dull and steady.
british TRADE.
MANCHESTER, Dec. - The Guardian
In its commercial article says: The de-
mand is slow. The progress yesterday
did not reach the general average of
Tuesday. Miscellaneous business is not
lesSened, but important transactions are
rare. The tone is quiet everywhere.
Prices are fairly supported, however.
Buyers are not afforded better
terms than on Friday. India
merchants occasionally encouraged
by betterment i'll exchange raise their
offers, which results i'll some business,
which was previously impracticable. Sales
however, are light. Manufacturers are
confident and hopeful despite discourage
ment in the narrow margin between yarns
and cloth. There is a tendency, there
fore, 10 expect higher rates. There
is moderate inquiry for export yarns.
Few orders of Importance prove
practicable, the offers being
point under current rates. Home
manufacturers appear TO have covered
recently entered orders, and are now
only supplying pressing wants. Orders
for India shirtings in moderate quantities
have again been in the market, chiefly
for medium and good medium. Some
have placed at previous prices. Difficulty
in securing an early delivery is often
bindrance. Other india fabrics are
steady with moderate demand. \ few
orders for jacconetts are acceptable, eX-
cept where manufacturers urgently need
fresh business. China staples are firm.
They rule too high, in the opinion of
merchants. There is better demand for
printing and other finished cloths. Sales
are rarely important. Heavy goods are
quiet, with steady demand. There is a
slightly upward tendency where produce
ton is well under contract.