Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1888-10-04
COMMERCIAL RESUME.

COhMkhCIAL hhSSEuk.
Special to the Gazette.
NEW YORK, Oct. 3.-Railroad bonds
to-day sold as follows:
Fort Worth and Denver SO.
Texas Pscifc rs a. CAT; 2's at ass.
Gulf, Colorado and Santa Fe, gold 6's
at $50; 2's ct SO.
Kansas and Texas 6's st 81.
Missouri, Kansas and Texas F's at SOD;
rs at 934.
ST.. Louis. Arkansas and Texas rs e.
80; 2's at 421.
Atchison, Topeka snd Santa Fe st 1853.
Money 2@3 per cent.
Sterling steady.
Silver 944
Governments firm.
Wheat continued exciting and sold up
lie.
Trading was enormous during the
morning, amounting for the Gay TO 40,
OOO,OO0 bushels. In the evening there
were the most violent huctus'iops In
small orders and st ChicSgo sales
were l cent cpsrt st intervals Of several
minutes. Bus ness was refused unless
accompanied with liberal margins. A.
the close every one was at sea. The
whole secret OF the market Is more spec
ulation than there is WneRt To dsv ST
the different markets pro0ably n20, 900 600
bushels were sold with only 500, 600 BUSH
els Of contract wheat. At the c.cse the
price broke to cents.
OI95l.
Cotton steady at two points decline.
Clfse five to ten points higner.
COVER MENTs, ST, CKs AND BONDS.
NEW YORK, Oct. 3-rbe STOCK market
WAS less activ but WAS still feverish and
unsettled. The decline begun yesterday
made further progress, though with gen.
orally insignificant losses. There WAS a
marked disposition to no e until 6 set
tlement of the wheat deal, aud some Of
other questions Of the tnsncisl world
shall have made the outlook q little
clearer, and the bears seemingly had
everything in their own hands. But the liss
displayed remarkable recupsrstiVe power
when the pressure wss lifted. Consider.
abe strength was shown in the early
trading, but 5000 after noon tn list began
to show sigma Of weakness, ard
while there Was no special weakness any
where in the lis, everything yielded
steadily while the volume Of business,
which during the forenoon had been Md
erstely large, steadily decreased, and IN
the last hour had become quite small.
Prices declined until toward the delivery
hour, when there was resction and the
remainder Of the dsY WAS devoted TO re-
covering portion CT the Losses. The
close was dull, but firm.
The railroad bond market was again
moderately active to-day. Fort Worth
and Denver rs were prominent ct one
time.
Government bonds dull and firm.
State bonds dull and steady.
WHEAT MRN CRAZY.
SkICAGo, ILL 0ct. 3-u hest opened
excited and n cher q. 81 l1(9l ~ FOR De-
cember and jumped st oIce 10 81 IA.
The Daily News IN its review OF the
wheat market to-dsy will say: It was q
market such as ma1Y spectators in the
pit, PROBABLY $ NJ )ritv Of the specUls-
tors, never saw. Trade Just simply
went crszY. MANY of the large com
mission & ms positively refused to trade
The longs reaped harvest. Many OF
them were satisfied with the profits they
were making and picked out their Gus
toners and sold. They h.d DO trouble in
disposiGg Of all the wheet they had for
sale for rhe crowd licked IL all up and
cried for more. At the end OF the first
. hour December WAS comparatively firm at
81 49,, although it had previously held
around 81 Is for considerable time.
There were up 10 this time no failures
reported, but tie trade momentarily ex
pected them. -.
COTTON RESUME.
NKw YORK, Oc, 3-HuobErd. Piicea &
Co. say: The cables from Lverpoo
taie morning show that the msikeg had
rallied L poiGt bus Notwithstanding
that fact, cur opeling prices for re4r
positions were from l 10 2 points lower
than the closerf yesterday. Tae market
advanced later orr. however. Prlcs s
weakened somewhat, although the close
was stesdv, VIVA slight falling eff FROM
yesterdays Close. Tne.receipts are stlssg
beginning TO snow decided increase,
with but little variGtion from those Of d
year ego as recorded. Tie quality is also
becoming satisfactory.
Dry GoOds-There was more doing in
an iTTe2Ulsr Wsy with agents. With j1b
bers business WAS of comfortable proper
tons.
BIG ADVANCE AT CHICAGO.
NEW YORK, Oct. The full force OF
the Chicsgo w1est mGnipuleIions struck
the New York Exchange this morning like
a thunderbolt. The wheat pit at the
opening was surrounded by an unusually
large croE vi and the first figures were
watched Closely. Every eye on the flor
S. 1880 O'Clock WAS certe.ed on the
wheat dial over the main entrsnce. The
market closed LIST night sfor Decemberst
Sill and the first roundof thu di3t hsnd
shot lik ride bullet to 81 II, May
deliveries from last nights close Of 81 IL
advanced to 81 l44 on the first move
ment. The scene which took plsce in
mediately beggsrs description. Every
body ran wild. All other interests on
the floor were temporarily neglected
and The door in the neighbora0od Of the
wheat pit Ess pscked with brokers as
close 1s ssrtines il box. Hats were
thrown in the sir. Hsndkerchiefs were
Haunted and every voice around the pit
was calling the ssie of wheat. While the
excitement WAS ST its height December
figures continued 10 climb up on tn; disi
and before l:15 options had touched |
S1l74 Msy got, around. TO 8 205 snd spec
plation was Increased to 100000 bush
els IL less than 81 hour, Tnen the chi
csgo q1otstians began to come IN and the
excitement wis intens fed. TIE OPERA |
tors acted more like Indians than civil 4
lied beings and general buying - |