Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1888-01-05
ON WALL STREET.
4 General Decline In Stocks Through
out the Whole Day Until the
Very Last Hour.
Fert Worth and Denver Leads the Decline
and Missouri Pacific q Heavy Loser.
Government Bonds Dull.
COMMERCIAL RESUME.

Special to the Gazette.
NEW YORK, Jan. Railway bonds
To-day closed as follows: Fort Worth
and Denver City st 79a; Texas and Pa
CHIC rios at &C.; st. Louis, Arkansas and
Texas lists at 9Ss; Houston and Texas
Central lists at 1l4a; general certifi: GATES
at 90; Missouri, Kansas and Texas lists
at 6S; 6's ct 724; Is at 1861.
Sterling armer.
Governments declined.
Money. 3@5 per cent.
Silver 96S.
Wheat higher.
Cotton 4@5 points lower.
Oh 92S
Coffee 4@5 points lower.
Sugar continues fairly active and firH.
GOVERNMENTS, STOCKS AND BONDS.
NEW YORK, Jan. The stock market
was not SO dull to-day, but transactions
possessed no significance, being chiefly
for the account of traders, while the In
fiuential operators held OF awaiting de-
velopments. The news of the morning
was of & discouraging nature. Coal
stocks, with the exception of Reading,
were remarkably firm, but made no ad-
vances of note. Few specialties were
very strong, Fort Worth and Denver
being specially weak. Missouri Pacific
also sold down steadily. The market was
extremely dull at the opening, which was
irregular but generally heavy, Reading
being down &. Changers ana Uaion Pa
ciflc were weak and made general de-
cline, while the general list was dull and
ssgged of slowly, fluctuations being
small and entirely unimportant. The
market became intensely dull. Before
noon better tone was developed,
while the general list recovered
small fractions. The movement
was followed by further recession
on toward 2 O'Clock, but the last hour
was marked by q general recovery extend
ing over the entire list. The market
closed dull bat steady to firm. Almost
the entire list is lower tonight and Mis-
souri, Pacific and Fort Worth and Denver
lost each, Reading per cent, and
Lake Erie rose So.
Railroad bonds are irregular.
Government bonds are dull.
OIL FLUCTUATIONS.
PITTsBURG, Pa Jan. 4-There was
another exciting time at the Oh Exchange
to-day. Shortly after the opening raid
was made on the market, and prices de-
clined cents. The sudden break caused
apanic, and during the excitement one
man in the lobby tainted. Trading was
the heaviest for many months, and prices
reached the highest point since 1885. The
range of values was: Opening, 964
highest, 97t; lowest, 9l8; 1 O'Clock 945
THE OIL FURRY.
NEW YORK, Jan. 4.-The crowd
around the Oil pit in the consolidated ex.
change was larger than ever this morn.
! ing. The first sales were made at So.
above last nights closing, but after jump.
ing 10 964 the price fell back under neavy
sales by brokers identified with the
Standard oil party. The reaction lasted
only few minutes, however, when the
same brokers turned buyers and forced
the price to 969c. Among the trausac-
tons was the sale of 1000 barrels at SIC
1t had no effect on the market, however
and transactions Immediately after were
made at 964;. There was great deal Of
realizing in the first few minutes BY
local operators, but they also began &c
buy back after the reaction occurred.