Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1888-03-08
COMMERCIAL RESUME.


ssecisl TO the Gazette
NEW YORK, March Hallway bends
t.v closed as follows. Fort Worth
"a Denver City at 500; Kansas and
Tl~.s 6,s at 68; do rs at 1904; Texas
ND Pacific Rios st Coz; DO incomes at 464
STssourf. Kansas and Texas 6's at G8;
90 rs st l0O2'
Sterling lower.
Money 2t@3 per cent.
governments strong and higher.
oil opened steady, declined and closed
=, az. The feeling is decidedly bullish,
Wheat higher.
Cotton Is points lower.
Coffee firm.
GOVERNMENTS, STOCKS AND BONDS.
WV YORK, Marcn the open
,,1 WAS Quiet and heavy to weak, at de-
t Zines from last EVENINGS closing prices
~ from to I, but the list moved up at
Once with very little feature beyond the
U.tivitv in Reading and St. Paul, sd-
vyrced steadily until l O'Clock when
everything ,iel0ed and declined in the
I,st hour under & marked increase in the
smounc of business done, and the lowest
nrices of the day were made at the close
rnich WAS weak and active. With but
few exceptions the active list is lower to-
night, though the losses sustained were
for fractions only.
RIiIrOsd bonds showed little more ami
nation. The tone Of the dealings, how
ever. WAS heavy almost Throughout the
entire day, ana while the final changes
are iorfrsctions only in most cases, the
important changes are generally il low
er direction.
Government bonds lower, but firm for
AS.
4 GREAT DEAL IN OIL.
New YORK, March Tine members of
the STOCK Exchange have pQarent!yIsatis-
fed themselves that dealing In oil Ia
accompanied with too many sharp cor
ners snd this morning they are disposed
70 le. pipe line certificates Slone. Ihs
crowd around the petroleum sec ion was
comparatively Z small one and the only
business transacted was the settling Of
old accounts. In the Consolidated EX-
change, however, there was even greater
excitement than in the last hour yester-
dsy. Before the opening shorts paid as
nigh as $50 per 1000 barrels to borrow oil
for delivery to-day and when the market
opened the oil pit was a
solid mass o. brokers struggling
and climbing over eaCn other
in their efforts to buy and sell. The first
ssle was made at 81. End the prices rap
idly fell to SO and then moved back to
Sl.OO. The Gales we're theslargeet on rec
ord, and in the first ten minutes amount
ed TO over 100000 barrels. There WAS
aflod Of oil IRON somewhere, and the
price WAS again forced back below SO on
neGYy sales. Where the selling orders
came from is mystery, as western oper-
ate are apparently as heavy buyers as
selIers, out it is asserted Lhat great
desi is being engineered by the Standard
Oil Company, end that the Producers
Union is approaching its CulDinztiUn.
PROBLEM SOLVED
CHICAGO, ILL March d. R. Brearly
& Co, JrAaers on the regular aDd open
Boards OF Trade, failed to-day. Brearly
has recently cut q wide sWsthe on the
board as q plunger in corn. Several
weeks ago he made trades in corn which
surprised he whole pit. The trsnsEc
tons we're of such magnitude that it was
thought for some time that he was acting
for some one else, but the announcement
by the secretary to-day that his trades
would be closed for his ecc0un', fur
nis1ed solution OF the problem.
COTTON FAILURE.
New YORK, March THE failure of
Cunningham& Russell was posted at the
Cotton Exchange. 1t was generally
known this firm was doing business for
big southern operator, j. W. Rarte, to
whose failure to meet mis- contracts, Dix
ons, King. & Gsrrisons failure were due;
but it was thought yesterday that Gun
nlOghsm & Russell had brAved the sSosH
MIR. Russell said this afternepn the 1ia
blIi!!es were about $3osa09 or $40, COO.
The Fitness EaEors In the wordI